The border vidette., 1930-07-05

OF
BAcA FLOAT CONSTRUCTION COMPANY
KNOW ALL MEN BY THESE
PRESENTS: That we, the under
signed, have this day associated our
selves together for the purpose OF form.
ing corporation under and pursuant
to the laws of the State of Arizona. and
for that purpose do hereby adopt Arti.
cles Of Incorporation as follows:-
ARTICLE I
The name of this corporation shall
be "RACA FLOAT CONSTRUCTION
COMPANY"
ARTICLE II
The priLcipal place of business of this
corporation within the State If Ari.
zona shall be Nogales, Santa Cruz
County, but branch Office or offices
may be established and main tained at
such other place or places, either in
the United States or in foreign coun.
tries, as may be determined upon by
the Board OF Directors, at any Of which
said places stock kholders and directors
meetings may be held and any cOrpor.
ate business transacted.
ARTICLE III
The general nature Of the business
proposed to be transacted is to carry
on and conduct general contracting
business, including therein the con.
structing, enlarging, repairing. remov-
ing, or otherwise engaging In my
work upon buildings, roads. highways,
manufacturing plants, bridges, piers.
docks, mines. shafts. waterworks, rail.
roads, railway structures. and all iron.
steel, wood, masonry and earth con-
etruction, as we'll as MI kinds Of grad.
ing and leveling work.
TO carry on a general mercantile or
merchandise business aud to purchase,
sell aud deal in such goods. wares and
supplies as are or may be sold in gen.
eral store.
To make contracts; to purchase. lease,
option. locate, or otherwise acquire,
own, exchange, sell, or otherwise dis.
pose Of, pledge, mortgage, hypOthe.
cate and deal in real and personal
estate, mines, mining claims. mineral
lands, coal lands. oil lands, timber
lands, water, water rights. and to work,
explore, operate and develop the same
and TO extract any and all minerals, oil
and gas therefrom and deal in the pro-
ducts and by.prOducts therefrom; to do
q general real estate, manufacturing
and mercantile business; TO own, handle
and control lettors patent and inven-
tiOns: to acquire, own and hold or
otherwise deal with any stock, bonds.
debentures, shares, ecript or securities
of any domestic, foreign or alien cor
pofation or of any government, state
or authority, municipal, local or other.
wise, together with the right to own,
acquire and buy back it's own stock
bonds or other obligations; to issue
bonds, notes, debentures and other
evidences OF indebted and to secure
the payment of the same by mortgage,
deed Of trust or otherwise; to borrow
and lend money.
To carry on the business of farming,
including the selling and buying on
commission or otherwise, at wholesale
or retail, butter, milk, cheese and all
other dairy products, eggs. poultry.
fruit, meats, vegetables, and ell kinds
of farm produce, aud to transact all
business incidental or appurtenant
thereto.
To act as agent, trustee, broker or in
any other judiciary capacity, and in
carrying on its business or for the pur.
pose of attaining or furtheriug any Of
its objects, to do any and all other acts
and things. and to exercise any and oil
other powers which natural person
could do and exercise, and which now
or hereafter may be authorized by law.
ARTICLE Nv
The authorized amount OF the capital
stock OF this corporation shall be One
Hundr red Thousand ($lOO, ,OOU OO) Dol.
lars, divided into one thousand u.0OO)
shares OF the par value OF One hundred
($100 O0) Dollars. At such times as the
Board OF Directors may by resolution
direct. said capital stock shall be paid
into this corporation, either in cash or
by the sale and transfer to 1t of real
or personal property, contracts. SER
vices, or any other valuable right or
thing for the use and purposes of said
corporation in payment of which shares
OF the capital stock of said corporation
may be issued, and the capital stock 80
issued shall thereupon and thereby be.
come and be fully paid up and non.
assessable forever, and in absence Of
actual fraud in the transaction the
jud gment of the Directors as to the
value OF the property purchased shall
be conclusive.
ARTICLE v
The affairs of this corporation shall
be conducted by board Of not less
than three nor more than seven direc.
tors, who shall be stock holders of the
corporation. Said directors shall be
elected at the annual meeting OF the
stockholders, and shall serve one year,
and until their successors are elected
and are qualified. The annual meet.
Ing of this corporation shall be held at
such place, time and hour as may be
prescribed by the bylaws OF the cor.
poratiOn. The first board of directors
shall be elected by the incorporators,
who shall serve until their successors
are elected and qualified. II at any