Nogales international., 1930-02-04
LEGAL NOTICE


That we the undersigned, do here
bv associate ourselves together 10
the purpose of forming a corpora
ton under the laws of the State O
Arizona, and do hereby adopt tn
following articles of incorporation
ARTICLE I.
The incorporators are j. G. Bra
cker, G. j. Bracker, and S. B*acKe
all of whom reside in Nogales, Ar
zona, and receive their mail at 20
Morley Avenue, Nogales, Arizona.
ARTICLE II.
The name of this corporation
CRACKERS STORES INCORPOR
ATED.
ARTICLE III.
The principal place of business
shall be 2O5 Morley Avenue, Nogal'
es, Santa Cruz County, Arizona, bu'
the board of directors may change
the same and establish branch Of
fices within or without the State
of Arizona and may transact any
business of the corporation or hole
directors meetings at any brancn
or principal offices.
ARTICLE w.
The general nature of the busi-
ness proposed to be transacted by
the corporation is as follows:
To carry on and engage In the
merchandise, manufacturing, pro-
kerage, importing, exporting ano
forwarding business and for that
purpose to buy, hold, own, import
export, deal in, and sell dry goods,
clothing, sporting goods, surplus
army supplies, arms, ammunition
goods, wares and merchandise Tor
personal, domestic, household, or
general use, and personal property
of all kinds and descriptions, at
wholesale, retail, or public auction;
to operate, conduct, maintain, lease
or own stores, and warehouses with
in or without the State of Arizona; /;
to make and perform contracts; to
purchase, lease, or otherwise ac-
quire, own, exchange, sell, dispose
or mortgage, hypothecate and deal
in real and personal property, the
good will, rights and property OF
any person, firm, association, or
corporation, and pay for the same
in cash, stock or securities OF this
corporation, or otherwise; to issue
corporate obligations in the form OF
bonds, notes or debentures and sell,
pledge, or hypothecate the same,
and secure the payment thereof by
mortgaging, pledging or hypothe-
eating all or any part of the pro-
perty of the corporation; to buy,
hold, own, issue and reissue its own
stocks, bonds, notes or obligations
and buy, own, hold, or deal in
stocks, bonds, notes, debentures or
obligations of any other corporation,
foreign or domestic, and give in ex-
change therefore it's stock, notes,
bonds, debentures or other form OF
corporation obligation.
Without limiting the foregoing
objects, purposes or powers the cor
poration may engage in any other
business connected Herewith, me-
cessary incidental, convenient or
auxiliary thereto, which, in the dis
cretion of the board of directors,
may directly or indirectly benefit
the corporation, increase the value
Of its assets, protect its property or
rights, or further any of its objects,
and do any and all acts and things
and exercise any and all powers
not contrary to law, which a natur-
al person may do and exercise; to
act as agent, factor, trustee, broker
or in any other fiduciary capacity
and to act by and through agents,
attorneys, brokers or factors, alone
or in conjunction with others; to
exercise and enjoy all rights, pow
ers and privileges now conferred up
on or which may hereafter be con-
ferred upon corporations organized
in accordance with the laws of the
State of Arizona.
ARTICLE v.
The total authorized capital stock
shall be One Hundred Fifty Thou
sand Dollars ($150,000.0O divided
into one thousand five hundred
Q,5OO) shares of the par value of
one Hundred Dollars ($100.00) each,
Of which five hundred (500) shares
shall be preferred stock entitled to
a preferential cumulative yearly di-
vidend to the extent of Eight DOL
lars $4,000 per share and no more,
when and as declared by the board
Of directors but payable only out OF
net earnings on the date or dates
fixed by the bylaws before divid-
ends are paid on or set apart for
the common stock. If in any year
dividends amounting to eight ($8.00)
dollars shall not have been paid on
the preferred stock, the deficiency
shall be paid before any dividend
shall be paid on or set apart for
the common stock in any subSu-
quent year. In any distribution OF
the assets of the corporation, said
preferred stock shall be entitled to
a preference over all other shares
Of the corporation, but only to the
extent of the par value and accru-
ed, unpaid dividends. The preferred
stock may be retired, reduced ane
called in, by the board of directors
as of any dividend date, after fou
years from the date of payment o.