Nogales international., 1930-10-10
LEGAL NOTICE

eyS, trustees, contractors, factors,
lessons, leSseeS, or otherwise, either
alone or in conjunction with others
and in any part of the world; and
in addition to have and to exercise
all the rights, powers and privileges
now or hereafter belonging to or
conferred upon corporations organ
lied under the provisions Of the law
authorizing the formation of such
corporations.
ARTICLE w
The amount of the authorized
Capital Stock of the corporation is
ONE HUNDRED THOUSAND and
No ZOO ($1OO,OOO.OO DOLLARS,
into One Hundred Shares OF
the Par Value of ONE THOUSAND
and NO ZOO ($1,OOO.OO) DOLLARS
each, which shall be paid in, at
such time as the Board of Directors
shall designate, in cash, real or
personal property, services, leases,
options to purchase, or any other
valuable right or thing, for the uses
and purposes of the corporation, and
all Shares of Capital Stock, when
issued in exchange therefor, shall
thereupon and thereby become and
be fully paid the same as though
paid for in cash at Par, and shall be
nonassessable forever, and the judg-
ment of the Directors as to the val
ue of any property, right or thing
acquired in exchange for Capital
Stock shall be conclusive.
ARTICLE
The time of the commencement
of this corporation shall be the date
of the filing of it's Articles with the
Corporation Commission Of the State
of Arizona and the recording of
certified copy thereof in the office
of the County Recorder OF Santa
Cruz County, Arizona, and 1t shall
endure for a period Of twenty-five
years thereafter with privilege OF
renewal and right Of perpetual sue
cession as now provided by law.
ARTICLE VI
The affairs of this corporation
shall be conducted by Board Of
not less than Three nor more than
Nine Directors, who shall be stock
holders of this corporation. Said
Directors shall be elected at the an
nual meeting Of the Stockholders
and shall serve for one year, and
until their successors are elected and
qualified. The annual meetings OF
the corporation shall be held at such
place and at such time as may be
prescribed by the Bylaws Of the
corporation. If at any time a va
cancy in. the Board Of Directors
shall occur, said vacancy may be
filled by the remaining members of
the Board in office. The person so
elected to fill vacancy shall serve
during the unexpired term Of his
predecessor, and until his successor
is elected and qualified.
ARTICLE VII
The officers of this corporation
shall be president, president,
secretary treasurer, and such other
officers as the Board may determine
from time to time, who shall be
elected by the Board of Directors
after each annual meeting Of the
Stockholders of the corporation, and.
shall hold office for one year, and
until their successors are elected and
qualified. Any two or more offices,
the duties of the incumbent Of which
are not inconsistent, may be held
by the same person. In the event Of
a vacancy in any office, for any
reason whatsoever, the Board of
Directors may fill the same, and
the person SO elected shall serve
during the unexpired term of his
and until his successor
is elected and qualified.
ARTICLE VIII
The Directors shall adopt By
Laws for the government of the
and may amend the
same. They shall have power to
appoint from among their number
an executive committee which, to
the extent provided by resolution,
or by the said Bylaws, shall have
and exercise the powers granted the
Directors by these Articles.
ARTICLE TX
The highest amount of indebted
ness or liability to which this cor
poration is at any time to subject
itself, direct or contingent. is SIX
TY ). SIX THOUSAND SIX HUN
DRED SIXTY SIX and ST 100
($66, ,666.6O DOLLARS.
ARTICLE K
The Stockholders and members
of this corporation and their private
property shall be exempt forever
from any liability for the debts of
this corporation.
ARTICLE XI
With the consent of the holders
of two-thirds in amount of the
Capital Stock of this corporation,
issued, and outstanding with evil
dence in writing or with the con-
sent of the majority in amount Of
the Capital Stock of the corporation,
issued and outstanding, when ex-