Nogales international., 1929-01-01

ty-five (25) years thereafter, with
the Power of renewal as provided
by law.
ARTICLE VII.
The management and conduct Of
the business, property and affairs
of the corporation shall be vested
in and conducted by a board of di.
rectors of not less than three (3)
nor more than fifteen (15) persons,
and all directors, except in cases
of vacancies, shall! be elected at the
annual meeting of stockholders, ex-
cept the first board, which is chos-
en- as in these articles hereinafter
set forth. The officers of the COM
pany shall consist of a President,
Vice President, Secretary and
Treasurer, and such other officers
as the Board of Directors shai!
deem expedient, and all shall be
elected or appointed by the Board
Of Directors. Any two or more Of
fices, the duties of the incumbent
of which are not inconsistent, may
be held by the same person. Both
the officers and dire tors shall! hold
their offices for the period of one
year from and after ele ton and
Qualification and until their sue
cessors are elected and qualified,
unless removed by the board. The
directors shall have the right to fill
any vacancy occurring in the
Board by death, resignation, or
otherwise, and the person or per-
sons elected to fill any suoh vacan-
cv or vacancies shall hold his of
flee until the next regular meet.
ing of stockholders.
ARTICLE VIII.
The regular annual meeting of
the stockholders shall be held at
the principa! Offices of the corpora
ton on the first Monday in July in
"a h year commencing with the
year 1880.
ARTICLE TX.
The incorporators shall name the
persons who shall constitute the
first board of directors and when
so selected by the inc operators
said members of the board shall
serve until the first annua! stock
holders meeting and until their
successors are elected and quail
fled.
ARTICLE x.
The board Of directors shall have
the power to make and alter the
bylaws of the corporation; to fix
the amount to be reserved as work.
ing capital, and to authorize and
cause to be executed mortgages,
debentures and other obligations
which shall be liens upon the pro-
perty and franchises of the corpora
ton, and, in general to exercise
all the powers and authority of the
company not expressly withheld
from said board by law, or by
these Articles of Incorporation, or
by the affirmative action of tho
stockholders.
ARTICLE XI.
The stockholders and members
OF this corporation and their pri-
vate property shall be exempt from
corporation.
ARTICLE XII.
With the consent of the holdera
of two-thirds (2/3) in amount Of
The capita. stock of this company.
'ssued and outstanding when evi
oenced in writing or with the con-
sent of a majority in amount of
the capital stock of the corpora
tlon' issued and outstanding, when
| expressed By resolution adopted
1t meeting of the stockholders
OF the corporation duly called and
Ield pursuant to the bylaws. the
directors shall have authority to
sell Or otherwise dispose of in such
manner as may be authorized. the
ohtlre property and assets of the
orporation.
ARTICLE XIII.
The indebtedness of this cornor.
ton shall at no time exceed tho
sum sum OF Three Hundred Thirty
nfee Thousand Three Hundred
dddhalrty-three IN and 33/1OO (S333.
333.33) Dollars.
ARTICLE XIV.
Duane Bird, of Nogales. Santa
Cruz County, Arizona, who has
0een "a bona fide resident of the
9sa-e OF Arizona for at least three
~ years, is hereby appointed tho
awful agent of this cornorat;o,
or and on behalf of it. to a~cen+
ana acknowledge service, and upan
nom may be served all necessary
'aoCess IN any action, suit or pro-
h~eolng that may be held or
brought against this cornora+;on
IN any of the Courts of tho tat.s Statn
OF Arizona, and for al nrrnoa"s oaee
required by law. PA PoSeS
IN WITNESS WHEREOF 49,,
4ave ,at, hereunto set our hands this
loth day of December, A. D. 1903
BYRON S. BUTCHER
STATE OF ARIZONA A DANAER !
COUNTY OF SANTA CRUZ 3D.
The foregoing instrument was
acknowledged before me on t,,;~
Ehe 18th day of De ember, 1899
bv BYron S. Butcher anl II U
Barker, who stated to me that tho
executed the same for tie purpose,
and consideration therein expires
BONSALL NOON
>,on Notary Public.
| NV commission avn;ra. NJ. o.,