Nogales international., 1933-05-27
LEGAL. NOTICE

be fully paid and non -asseSsable
forever; and in the absence of ac-
tral fraud in the transaction the
Judgment of the board of directors
as to the value of the property OF
thing SO purchased or received OF
acquired shall be conclusive.
ARTICLE VI.
The time or the commencement
of this corporation shall be the date
upon which certificate Of inco--
poration Is issued by the Corpora
tion Commission of Arizona, and 1t
shall terminate twenty-five t25)
years thereafter unless renewed in
the manner provided by law.
ARTICLE VII
The officers OF this corporation
shall be president, vice president,
a secretary, and a treasurer (Which
last two offices maybe held by one
person., and such other officers as
the board of directors shall desig-
nate, and all shall be elected or ap-
pointed by the board Of directors.
Until the first meeting of the
directors after the first annual
meeting of the stockholders and
until their successors shall have
been elected and qualified, the fol-
lowing persons shall be president,
secretary and treasurer, respectively:
President Louis G. Hunlrnel; Secre-
tary and Treasurer, Eugene G.. Hum
mel Thereafter officers Of the cor
poration shall be elected by the
board of directors Immediately af-
ter each annual meeting of the
stockholders of the corporation and
shall hold office for one year and
until their successors are elected
and qualified.
ARTICLE VIII
The affairs of this corporation
shall be conducted by board of not
less than three nor more than seven
directors, who shall be elected by
the incorporators and SHALL serve
until the first 4annual meeting Of
the stockholders and until their sue
cessors are elected and qualified. A
majority Of the board of directors
for the time being in office shall
constitute a quorum and any meet
ing of said board of directors at
which quorum is present shall
have the same powe.' and authority
as if the full board were present.
The annual meeting of the stock
holders of the corporation shall be
held at such place and hour as may
be prescribed by the bylaws of the
corporation on the first Monday of
October of each year, and the first
annual meeting shall be held on
the first Monday of October, 1881.
Special meetings may be held at
such times and places ard in such
manner as may be prescribed by the
bylaws of the corporation. If at
any time a vacancy in the board
of directors shall occur. such yacan-
CIV may be filled by the remaining
directors in office. The person so
chosen to fill a vacancy shall serve
during the unexpired term Of his
predecessor and until his successor
is elected and qualified.
ARTICLE TX
The highest amount of liability,
direct or contingent, to which this
corporation shall at any time sub
ject itself is Three Hundred and
Thirty Thousand Dollars 1890 ,000.) Il.
ARTICLE x
Bylaws of this corporation shall
be adopted and may be amended or
revised by the Board of Directors
until or unless otherwise provided by
resolution of the stockholders.
ARTICLE XXI
The board of directors shall have
the. power and authority to borrow
money and to authorize and cause
to be executed and delivered con-
tracts, mortgages, deeds, promissrly y
notes. indentures, bonds, pledges.
and other obligations of the cor-
poration and in general shall nave
all the power and authority en-
fer-ed by Law and not expressly
withheld from it by these articles
e incorporates or the bylaws. =
ARTICLE XII
The private property Of the
stockholders CT this corporation
shall be exanlp; from Liability for is
corporate d-h-~
ARTICLE XIII
Louis G.. Hunn1ei whose post or
flee address is Tucson. Arizona, and
who has been bona fide resident
of the State of Arizona for lrore
than three years last past, is here
by appointed the agent of this cor
poration upon whom all notices and
processes including summons. may
be served. This appointment may be
revoked by the Board Of Directors
at any time by the filing Of the ap-
pointment of another agent.
ARTICLE XIV
At any annual meeting Of the