Nogales international., 1930-02-07
LEGAL NOTICE

transaction, the judgment of tn
board of directors as to the valu
! of the services rendered or propert
purchased shall be conclusive.
ARTICLE VI.
4 The time of the commencement o
this corporation shall be the dat
! of the issuance to it by the Arizon;
j Corporation Commission of a certif
icate of incorporation, and the ter
mination thereof shall be twenty
five (25) years thereafter, with pri
vilege of renewal as provided by law
/ ARTICLE VII.
i The management and conduct O.
The business, property and affairs O.
the corporation shall be vested II
i and conducted by board of direc'
tors of not less than three (3) mol
more than five 90 persons, and al
directors; except in case of vacan'
| cies, shall be elected at the annua
meeting of stockholders, except the
| first board, which is chosen as ir
| these articles hereinafter set forth
The officers of the corporation shall
consist of a president, vice-presi-
dent, secretary and treasurer, AND
such other officers as the board OF
directors shall deem expedient, and
all shall be elected or appointed by
the board of directors. Any two or
more offices, the duties of the in
cumbent of which are not incon-
sistent, may be held by the same
person. Both officers and directors
shall hold their offices for the per-
iod of one year from and after cleo
ton and qualification and until
their successors are elected and
qualified, unless removed by the
board. The directors shall have the
right to fill any vacancy occurring
in the board of directors by death,
resignation or otherwise, and the
person or persons elected to fill any
such vacancy or vacancies shall hold
office until the next regular meet
1llS Oh SCOCkI1O1U6IS.
ARTICLE VIII.
The regular annual meeting Of the
stockholders shall be held at the
principal office of the corporation
on the second Monday i'll January
in each year commencing with the
year 1881.
ARTICLE TX.
The incorporators shall name the
persons who shall constitute the
first board of directors, who will
serve until the first annual stock
holders meeting and until their
successors are elected and qualified.
ARTICLE K.
The board of directors shall have
the power to make and alter the
bylaws of the corporation; to fix
the working capital, 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 exercise all the powers and
authority of the company not ex-
pressly withheld from said board by
law, or by these articles of Incorpor-
alton or by the affirmative action
of the stockholders.
ARTICLE XI.
The stockholders and members Of
this corporation and their private
property shall be exempt from any
liability for the debts of this COR
poration.
ARTICLE XII.
With the consent of the holders
of two-thirds (2-3) in amount Of
the capital stock of this corpora
ton issued and outstanding, when
evidenced in writing or by a reso-
luton adopted at meeting of the
stockholders of the corporation, duly
called and held pursuant to the by
laws, the directors shall have the
authority to sell or otherwise dis
pose of the entire property and as
sets of the corporation in such man
ner as may be authorized.
ARTICLE XIII.
The indebtedness of this corpor-
alton shall at no time exceed the
sum of One Hundred Thousand and
no 100 Dollars ($100,000.0O.
ARTICLE XIV.
i+&14 4f NTonoIoc CoTNfo
Cruz County, Arizona, who has been
bona fide resident of the State
of Arizona for at least three 90
years, is hereby appointed the law
full. agent of this corporation for
and on behalf of it to accept and
acknowledge service, and upon whom
may be served all necessary pro-
cess in any action, suit or proceed
ing that may be held or brought
against this corporation in any of
the courts of the State of Arizona,
and for all purposes required by
law.
IN WITNESS WHEREOF, we have
hereunto set our hands this 9th
day of January, 1880.
! j. G. BRACKER
CHAS. j. BRACKER
SAMUEL BRACKER
STATE OR ARIZONA }
)sS
COUNTY OF SANTA CRUZ
The foregoing instrument was ac-
knowledged before me on this the
9Th day of January. 1880. by ]. G
Bracker, G. j. Bracker and S.
Dro olyaN. x,,lo0 c%o%ad RI mo thot thnU