Nogales international., 1934-12-15
LEGAL NOTICE

the value of or render profitable
any of its property or rights, as such
q cooperation may lawfully do; and
in carrying on it's business, or for
the purpose Of attaining or furth-
eIing any Of its objects, to Go any
and all acts and things, and to eX-
ercise any and all other powers
which a co-partnership or natural
person could do and exercise, and
which now or hereafter may be au-
thorized by law and either as or by
and through principals, agents, at
torneys, trustees, contractors, fac
tors, lessons, lesseeS, or otherwise,
either alone Or in conjunction with
others and in any part Of the world;
and in addition to have and TO eX-
ercise all the rights, powers, and
privileges now or hereafter belong
ing to Or conferred upon corpora
tions organized under the provisions
OF the law authorizing the forma-
ton of such corporations.
ARTICLE V.
The authorized amount OF the
capital stock of this corporation
shall be Ten Thousand ($10,000.00)
Dollars, divided into ten thousand
100000 shares of the par value Of
On, ($1.00) Dollar each. Upon sub
scription 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 co..
poration Of property property rights
or interests therein. real or person
al, for the uses and purposes OF the
corpo- alton, and in payment for
which, shares Of the capital stock
Of the corporation may be issued,
and such stock SO issued shall
tllereupon and thereby become and
be fully paid up and nom -assessabla,
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 conclus-
i've.
ARTICLE VI.
The time of the commencement
Of this corporation shall be the
date of the issuance to it of cer-
tificate of incorporation by the
Corporation Commission of the
State of Arizona, and the termina-
ton thereof shall be twenty-five
(25) years thereafter, with the right
in the corporation to renew it's
charter 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
If the corporation shall be vested in
md conducted by board OF dir
acto1s 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 chos-
en- as in these articles hereinafter
set forth. The officers of the cor
poration shall consist Of Presi-
dent, Vice President, Secretary,
and Treasurer, and such other Off
GERS as the board Of directors shall
deem expedient, and all shall be
elected Or appointed by the board Of
directors. ANY two Or more offices,
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 success
sors are elected and qualified, un-
less removed by the board. The
directors shall have the right to
fill any vacancy occurring i'll the
board by death, resignation, o.
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 corporation
on the second Tuesday in February
in each year commencing with the
year 1885.
ARTICLE TX.
The incorporators shall name the
parsons who shall constitute the
first board OF directors and when
50 selected 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