The border vidette., 1933-06-10
ARTICLE II

q
forwarding business. including the re.
ceiving, handling, shipping, forward
ing and transporting Ut goods, wares.
merchandise and all classes of freight
by land or water; to carry on the busi
ness OF exporters and importers as
principal, factors, agents or commission
merchants in respect to buying, selling,
trading, or dealing in any kind or Kinds
of goods, wares and merchandise; and
to do q general brokerage, commission,
import, forwarding and export bust
ness: to engage In the importation OF
fruit. vegetables and other prod ucts,
raw and manufactured, from South
American, Ger trail American, Mexican,
West Indian and other foreign ports or
places: to trade generally in ell manner
of foreign and domestic products raw
and manu1actured.a = Without in any
particular limiting or restricting any
OF the other object and powers OF the
corporation, it is hereby expressly de-
clared and provided that the corpora.
tion shall also have power to issue
bonds and other obligations in pay
ment for property, including shares OF
stock and other securities. which may
be purchased or acquired by 1t, or for
money borrowed, or for any other law
full object in and about it's business; to
mortgage or pledge any property which
may be owned or acquired by 1t, Or IN
which it may be interested, to secure
any bonds, guarantees or other obliga-
tions by it issued or incurred. to guar
antee any dividends, bonds, contracts,
or other obligations of any person. CO.
partnership or corporations; TO make
and perform contracts -of every kind
and descriptions: to declare dividends
payable in cash or otherwise as may be
permitted by law: and in carrying on
its business, or for the purpose of@at,
tanning or furthering any of its objects
or purposes, to do any and all other
things and exercise any and all other
powers which now or hereafter may be
permitted by law.
ARTICLE III
The amount OF the authorized stock
of the corporation is One Hundred llOO)
shares OF no par value, all OF which
stock when issued shall be full paid
and non assessible.
ARTICLE w
The time of the commencement OF the
corporation shall be the day these
articles are fled in accordance with the
law. and the termination thereof shall
be rs years thereafter with privilege
OF renewal and right OF perpetual sue
cession, as now provided by law.
ARTICLE v
The number OF directors of the cor
poration shall be fixed from time to
time by the bylaws. The number of
directors may be increased as may be
provided in the bylaws. The directors
shall be elected by and from among the
stock olders OF the first Tuesday OF
January of each year. Until their sue
cessors are elected and qualified, the
following named persons, VINO are the
incorporators hereof, shall be directors:
Mark B Thompson, 228 Security
Building, Phoenix, Arizona.
Sam H. Kyle, 22S Security Build.
ing, Phoenix, Arizona.
M. M. Thompson, 228 Security
Building Phoenix, ArizOnd.
In case of any vacancy on the Board
OF Directors by death, resignation, dis
qualification, Or any cause, the remain
ing directors by vote OF mAJo lty
thereof may elect director to hold
Office for the unexpired portion OF the
term of the director whose place shall
be vacant, and until the election of a
successor
The Board OF Directors shall have
power to hold their meetings outside of
the State of Arizona. at such places as
from time may be designated by the
bylaws, or by resolution of the Board
Any officer elected or appointed by
the Board OF Directors may be removed
at any time by the affirm ative vote of
a majority of the whole Board OF Direc.
tors. Any other officer or employee Of
the Company may be removed at any
time by vote OF the Board OF Directors
or by any committee or superior officer
upon whom such power of removal may
be conferred by the bylaws or by vote
of the Board Of Directors.
The Board of Directors shall have
roWc- froo tins 10 time . fix and t..
determine and to vary the amount OF
the working capital Of the Com pHny;
and to direct and determine the use and
disposition Or any surplus Or net profits
over and above tie capital stock paid
in: and ia its discretion the Board OF
Directors may use and apply any such
surplus or accumulated profits in pur-
chasing or acquiring it's bonds or other
Obig aticns, or shares OF is own capital
stock, to such extent gnd 10 such man.
ner a0d upon such terms as the Board
of Directors shall deem eXpedieni; bu
shares or such capital stock so purchas-
ed or acquired may be resold, unless
snch shares shall have boen retired for
the purpose OF decreasing the COM
pany's apithl stock az provided by law.
Subject always to by laws made by
the ockholders, the Board of Direc'
tors may make bylaws. and, from time
to time, may alter, amend or repeal
any by laws; but any bylaws mede by
the Board of Directors may be altered
or repealed by the stock holders at any
annual meeting. CT at any special meet