Nogales international., 1934-02-10
LEGAL NOTICE

LEGAL NOTICE
CT auxiliary thereto. CT calculated
directly or indirectly to promote the
interests Of the corporation OF Ell.
harca the value Of or render pro-
fitable any Of its property or rights
as such corporation may lawfully
dc: and In carrying on its business
Or for the purpose Of attaining OF
furthHring any of It's objects. to dc
any and all acts and things, and
to CX 5rciSc any and all other power;
which q cO-partnecship or natura
person could do and exercise, anc
: which now or hereafter may be au-
thorizcd by law and either as or
by through principals, agents, at
torreys, trustees, contractors, fac
tors, lessons, lcsSees, Or otherwise
either alone or in conjunction with
others and in any part Of tht
void; and in addition to have and
to exercise all the rights, powers
and privileges now or hereafter be-
longing to Or conferred upon cor
poratlons organized under the pro-
visions Of the law authorizing the
formation of such corporations.
ARTICLE V.
The authorized amount Of the
capital stock OF this corporation
shall be One Hundred Thousand
($100, ,00O0O) Dollars, divided into
one hundred thousand C00.000i
share; Of the pa. value OF Ono
($1.O0) Dollar each. Upon sllbscrip-
ton therefor said capital stock shall
be paid into the corporation In
such manner and upon such terms
as the board Of directors may fix
In cash, services, or by the sale
transfer and assignment to the COR
porat,on Of property, property rights
! or interests therein, real Or person
al, for the uses and purposes of the
corporation, and in payment for
| which, thares OF the capital stock
of the corporation may be issued
and such stock SO issued shall
thereupon and thereby become and
be fully paid up and worcestershire
| and in the absence of actual fraud
in the trancaction, 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 of GER
tificate of incorporation by the
Cooperation Commission OF the
State Of Arizona, and the termina-
ticn therof shall be twenty-five (25)
years thereafter, with the right in
the corporation to renew its char
ter for an additional period of
twenty-five years as now 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 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. ex-
cept the first board, which is chosen
as in these articles hereinafter set
forth. The officers of the corpora
ton 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 appointed by the board
of directors. Any two or more Of
ficers, the duties of the incumbent
of which are not inconsistent, 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 sue
cessors 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
otherwise, and the person or per-
sons elected to fill any such vacan-
cy or vacancies shall hold his Of
flee until the next regular 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 first Tuesday in Feb