Nogales international., 1930-02-11
LEGAL NOTICE

transaction, the judgment of the {
BOARD of directors as to the value '
If the services rendered or property I
purchased shall be conclusive. J
ARTICLE VI. g
The time of the commencement of
this corporation shall be the date I
of the issuance to it by the Arizona
Corporation Commission of a certlt-
icate of incorporation, and the ter
mination thereof shall be twenty
five (25) years thereafter, with prl-
vilege 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 q board of d1rec-
tors of not less than three 90 nor
more than five 90 persons, and all
directors, except in case OF vacan-
cies shall be elected at the annual
meeting of stockholders, except tne
first board, which is chosen as III
these articles hereinafter set torCn.
The officers of the corporation shai1
consist of president, vice-presl-
dent, secretary and treasurer, ana
such other officers as the board OF
directors shall deem expedient, ana
all shall be elected or appointed oy
the board of directors. Any Two or
more offices, the duties OF the IN
cumbent of which are not lncon-
sistent, may be held by the same
i person. Both officers and directors
i shall hold their offices for the per-
Il iod of one year from and after elec-
j ton and qualification and until
their successors are elected ana
!, o11alified. unless removed by the
5 hoard. The directors shall have the
right to fill any vacancy occurring
: in the board of directors by death,
: resignation or otherwise, and the
7 nerson or persons elected to fill any
such vacancy or vacancies shall holo
office until the next regular meet
e ing of stockholders.
: ARTICLE VIII.
; The regular annual meeting OF the
D stockholders shall be held at the
: principal office of the corporation
e on the second Monday in January
u in each year commencing with the
: year 1881.
ARTICLE TX.
: The incorporators shall name the
= persons who shall constitute the
y first board of directors, who vii
g e serve until the first annual stock
= holders meeting and until thell
- successors are elected and qualified
VI ARTICLE x.
! The board of directors shall hav'
! the power to make and alter tn
v bylaws of the corporation; to fl
n the working capital, to authoriz
&c and cause to be executed mortgages
in debentures and other obligation
,r which shall be liens upon the pro
n perty and franchises of the corpora
< ton, and exercise all the powers an
IS authority of the company not eX
of oressly withheld from said board b
law. or by these articles of Incorpor
10 alton or by the affirmative actiol
r. of the stockholders.
er ARTICLE XT.
e. The stockholders and members G
or this corporation and their prlvat
s. property shall be exempt from an
IS, liability for the debts Of this cor
lit poration.
le ARTICLE XII.
or With the consent of the holder
is, of two-thirds (2-3) in amount
gs the capital stock of this corpora
RS ton issued and outstanding, Whe
r evidenced in writing or by rese
to luton adopted at a meeting OF tf
er stockholders of the corporation, du
ty called and held pursuant to the by
is, laws, the directors shall have tt
ne authority to sell or otherwise Oil
TO pose of the entire property and al
w sets of the corporation in such mar
p ner as may be authorized.
IL ARTICLE XIII.
ed ~ ...a1.toc1,7o.r of +l,ic corno
4Ae alton shall at no time exceed tt
sum of One Hundred Thousand al
no 400 Dollars ($100,000.00).
'ck ARTICLE XIV.
~ n G. A. Little of Nogales, San
'e Cruz County, Arizona, who has be-
GU bona fide resident of the Sta
u of Arizona for at least three {
oli' years, is hereby appointed the LAY
" full agent of this corporation +
-; and on behalf of it to accept al
~ ~ acknowledge service, and upon who
,ro may be served all necessary pr
ard cess in any action, suit or procee
of ing that may be held or broug
ties against this corporation in any
i'd the courts of the State of Arizor
for and for all purposes required
ear law.
OO) IN WITNESS WHEREOF, we ha
on hereunto set our hands this 6
ncy day of January, 1890.
and j. C. BRACKER
for CHAS. J. BRACKER
su- SAMUEL BRACKER
of STATE OR ARIZONA }
laid
to COUNTY OF SANTA CRUZ }
ares The foregoing instrument was 6
the knowledged before me on this