Nogales international., 1932-05-28
LEGAL NOTICE

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 vi.
The time of the commencement
of this corporation shall be the
date of the issuance to, it by the
Arizona Corporation Commission Of
certificate OF incorporation, and
the termination thereof shall be
twenty-five 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 shall be vested
in and conducted by beard Of dir
ectors OF not less than three CD
nor more than seven CD persons,
and all directors, except in case Of
vacancies, shall be elected at the
/ annual meeting of stockholders, eX-
cept the first board, which is chosen
as in these articles hereinafter set
forth. The officers Of the company
shall consist of a president, vice
president, secretary and treasurer,
and such other officers as the board
of directors shall deem expedient,
and all shall be elected or appoint
ed by the board of directors Any
two or more offices, the duties Of
the incumbent of which are not in
consistent. 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 elect
ed and qualified, unle~S removed by
the board. The directors shall have
the right to fill any vacancy occurr-
ing IN the board by death, resigna-
ton Or otherwise, and the person
/ or persons elected to fill any such
,, vacancy or vacancies shall hold his
, office until the next regular meet
ing OF stockholders
ARTICLE VIII.
The regular annual meeting of the
stockholders shall be held at any of
the offices of the corporation, or at
any other place agreed to in writ
ing by the stockholders, on the third
, Monday in June in each year COM
mencing with the year 1888.
ARTICLE TX
| The incorporators shall name the
! persons who shall constitute the
first board of directors and when
so elected by the incorporators said
members of the BOARD shall serve
until the first annual stockholders
meeting and until their successors
are elected and qualified.
ARTICLE x.
The board of directors shall have
the power to make and alter the
bylaws Of the corporation; to fix
the amount Of compensation, If any,
to be paid by the corporation to it's
officers and directors; to fix the
amount to be reserved as working
capital, and to authorize and cause
to be executed mortgages, deben-
lures, and other obligations which
shall be liens upon the property
and franchises of the corporation,
and in general to exercise all the
| powers and authority of the corpcr-
alton not expressly withheld from
said board by law, or by these ar
ticles of incorporation, or by the
affirmative action of the stockhcld-
ers
ARTICLE XII.
The stockholders and members of
this corporation and their private
property shall be exempt from any
liability for the debts OF this COR
roratjon.
ARTICLE XII.
Inc lndebtedneSS OF this cOrpol a.
ton shall at no time exceed the sum
Of Thirteen Thousand Three Hun
dred Thirty Three (s13,333OO) Dol
lars.
ARTICLE XIII.
Duane Bird, Of Nogales, Santa
Cruz County, Arizona, who has been
bona fide resident of the State
Of Arizona for at least three years,
is hereby appointed the lawful
agent of this corporation for and
on behalf of it to accept and ack-
nowledge service, and upon whom
may be served all necessary process
in any action, suit, or proceeding
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
18th day Of May, 1882.
Ed. Guerra
Geo E. White
/ STATE OF ARIZONA
lss.
COUNTY OF SANTA CRUZ
The foregoing instrument was ack-
nOWledged before Ton on +bic +|o