Nogales international., 1931-05-02
LEGAL NOTICE

: interests therein, real or personal
f for the uses and purposes of the
: corporation, and in payment for
= which, shares of the capital stock
5. of the corporation may be issued
, and such stock so issued shall there
upon and thereby become and be
fully paid up and nonasSesSable,
D in the transaction, the judgment of
the Board of Directors as to the
/, value of the services rendered or
: property purchased shall be con-
; elusive.
ARTICLE VII.
, The time of the commencement
of this corporation shall be the date
of the issuance to it by the Ari-
IONA Corporation Commission of a
Certificate of Incorporation and the
termination thereof shall be twenty
five (25) years thereafter, with the
| power of renewal as provided by
law.
ARTICLE VIII.
The management and conduct of
the business, property and affairs
of the corporation, excepting as
otherwise provided in these articles,
shall be vested in and conducted by
Board of Directors Of not less
than three 60 nor more than sew
en- CD persons, and all directors,
except in case of vacancies, shall be
elected at the annual meeting OF
stockholders, except the first board
which, is CHOSEN as in these articles
hereinafter set forth. The officers
of the corporation shall consist OF
a president, vice president, secre-
; tary 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 incun-
bent of which are not inconsisten,
may be held by the same person.
Both the officers and directors shall
hold their offices for the period of
. one year from and after election
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 by death, resignation, or 9TH
f erwise, and the person or persons
elected to fill any such vacancy or
vacancies shall hold his office un-
til the next regular meeting OF
:. stockholders.
ARTICLE TX.
The regular annual meeting of
the stockholders shall be held at
! the principal office of the corpora
ton on the fourth Tuesday in Feb
f ruary of each year, commencing
: with the year 1882.
ARTICLE x.
: The incorporators shall name the
persons who shall constitute the
, first Board of Directors and when
f so selected by the incorporators said
members of the board shall serve
until the first annual stockholders
: meeting and until their successors
q are elected and qualified. Said in
!. corporators shall also name the per-
2 sons who shall constitute the first
membership committee and when
v so selected by the incorporators
: said members of said membership
i committee shall serve until the first
= annual membership meeting and
f until their successors are elected
and qualified.
! ARTICLE XI.
6 The Board of Directors shall have
the power to make and alter the
;, bylaws of the corporation; to fix
g the amount to be reserved as work
: ing capital, and to authorize and
cause to be executed mortgages, de-
Y bentures and other obligations
which shall be liens upon the pro-
perty and franchises of the cor
G poration, and, in general, to eXer-
+ else all the powers and authority OF
4 the corporation not expressly with
{ held from said board by law, OF
, by these articles of incorporation
or by the affirmative action of the
) stockholders, except as otherwise
= provided in these articles.
ARTICLE XII.
:, The stockholder and members o.
% this corporation and their private
- property shall be exempt from an!
liability for the debts Of this cor
poration.
ARTICLE XIII.
- The indebtedness of this corpora
- ton shall at no time exceed th'
sum of Two Hundred Thousand
(S200, 100000 Dollars.
= ARTICLE XIV.
W Duane Bird OF NogaIes, Sants
y Cruz County, Arizona, who has beer
;. a bona fide resident of the Stat
of Arizona for at least three years
= is hereby appointed the lawful agen
# of this corporation for and on be
e. half of it, to accept and acknoW
ic ledge service, and upon whom ma,
> be served all necessary process II
any action, suit Or proceeding tha