Nogales international., 1931-06-13

tificate of incorporation and the
termination thereof shall be twenty
five (25) years thereafter, with the
power of renewal as provided by
law.
ARTICLE VII.
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
a board of directors of not less than
three 90 nor more than seven 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 herein
after set forth. The officers of the
corporation shall consist of pres!-
dent, president, secretary and
treasurer, and such other officers
as the board of directors shall deeTo
expedient, and all shall be elected
or appointed by the board of direc-
tors. Any two or more offices, the
duties of the incumbent of which
are not inconsistent, may be held
by the same person. Both the cffi-
cprs and directors shall hold thell
offices for the period of one year
from and after election and quail
,ication and until their successors
are elected and qualified, unless re-
moved by the board. The directors
shall have the right to fill any va
cancy occurring in the board by
death, resignation, or otherwise, ano
the person or persons elected to fill
any such vacancy or vacancies shall
hold his Office until the next regu-
lar meeting of stockholders.
ARTICLE VIII.
The regular annual meeting OF
the stockholders shall be held at
the principal office of the corpora
ton on the second Monday in July
of each year, commencing with the
year 1892.
ARTICLE TX.
The incorporators shall name the
persons who shall constitute the
first board of directors and Wnen
so selected by the incorporators sad
members of the board shall serve
until the first annual stockholders
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 amount to be reserved as work
ing capital, and to authorize and
cause to be executed mortgages,
debentures and other obligations
which shall be liens upon the pre-
perty and franchises of the cor
poration, and in general to eXer-
else all the powers and authority OF
the corporation not expressly with
held from said board by law, or by
these articles of Incorporation, or
by the affirmative action OF the
stockholders, except as otherwise
provided in these articles.
ARTICLE xI.
The stockholders and members of
this corporation and their private
property shall be exempt from any
liability for the debts of this corp
grafton.
ARTICLE XII.
The indebtedness Of tbs corpor-
alton shall at no time exceed the
sum Of Three Hundred Thirty Three
Thousand Three Hundred Thirty
Three and 33 100 1888 ,333.30 Dol
lars.
ARTICLE XIII.
Duane Bird, of Nogales, Santa
Cruz County, Arizona, who has been
Q bona fide resident Of the State of
Arizona for at least three years, is
hereby appointed the lawful agent
OF this corporation for and or be-
half of it, to accept and acknoW-
ledge service, and upon whom may
be served all necessary process IN 7
any action, suit or proceeding that /
NAV 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
I'd day of June, 1881.
THOS. F. GRIFFIN
PAUL T. ADAMS
STATE OF ARIZONA
)ss. !
COUNTY OF SANTA CRUZ }
The foregoing instrument was
acknowledged before me on this the
I'd day of June, 1881, by Thos. F.
~;fe;- o,,5 DoI,I IT Adams u,i7O |