Nogales international., 1934-02-17
I.EGAI. NOTICE

directly Or indirectly to promote the
interests Of the corporation Or en-
hance the value Of OF render pro-
flIable any of its property CT rights,
as such O corporation may lawfully
do; and In carrying on it's bu4.nsGS.
or for the purpose Of attaining or
frrtherfng any of It's objects, to Go
any and all acts and things, and
to exercise any and all other powers
which q co-partnership or natural
person could do and exercise, and
which now or hereafter may be au-
thor!zed by law and either as or
by through principals, agents. at
torreyS, trustees, contractors. fac
tors. lessons, lessces, or otherwise.
either alone or in conjunction with
others and i'll any part Of the
world; and IN addition to have and
to exercise all the rights, powers.
and privileges now or hereafter be-
longing to or conferred upon cor
porations organized under the pro-
visions of the law authorizing the
formation of snch corporations.
ARTICLE v.
The authorized amount of the
capital stock OF this corporation
shall be One Hundred Thousand
($100, ,0000ol Dollars, divided into
one hundred thousand Q00,000)
shares of the par value Of One
($100 Dollar each. Upon subscrap-
ton therefor said capital stock shall
ba 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
poret!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, shares 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 non-assessable,
and in the absence of actual fraud
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 1t Of cer-
tificate of incorporation by the
Corporation Commission of the
State of Arizona, and the termina-
ton 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 ss 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 hoard Of
directors of not less than three go
nor more than seven "a parsons
and al directors, except in case OF
vacancies, shall be elected at the
annual meeting OF stockholders, ey-
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 cne
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 ct
the principal office Of the corpora
ton on the first Tuesday In Feb
ruary in each year commencing
with the year 1885.
ARTICLE TX.
The incorporatoFs shall name the
persons who shall constitute the
first board of directors and when
SO selected by the illcorporntors
said members Of the board shall
serve until the first annual stock
holders meeting and until their
successors are elected and qualified
ARTICLE x.
The board of directors shall have