Nogales international., 1934-12-22
LEGAL NOTICE

LEGAL NOTICE
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
cap:tal stock of this corporation
shall be Ten Thousand ($10,OO0.oo)
Dollars. divided into ten thousand
100000 shares Of the par value OF
On, (S1.OO) Dollar each. Upon SUBJ
scription therefor said capital STOCK
shall be paid into the corporation
n 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..
noration of property, property rights
~ interests therein, real or person
al for the uses and purposes OF the
corno~ation, and in payment TOR
which shares of the capital STOCK
If the corporation may be issued
ona c,ch stock SO issued shall
shereupcn and thereby become ana
be fully paid up and non-assessaoie,
and in the absence of actual 1rauo
IN the transaction, the Judgment Oh
the board of directors as to the
yalun of the services rendered o.
property purchased shall be concluS-
i've.
ARTICLE VI.
The time of the commencement
# this corporation shall be tne
late Of the issuance to 1t of Ger
,ificate of incorporation by the
Corporation Commission OF the
state of Arizona, and the ter1nina-
tioa thereof shall be twenty-five
(25) years thereafter, with the right
n the corporation to renew lts
charter for an additional period O!
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 dir
ectovs 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-
,ept the first board, which is chos-
en- as in these articles hereinafter
set forth. The officers Of the cor
poration shall consist of q Presl-
1ent, Vice President, Secretary,
and Treasurer, and such other Off
GERS as the board of directors shall
deem cxpedient, and all shall be
elected or appointed by the board Of
directors. Any two or more offices,
til, 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
scrs are elected and qualified, un-
1 less removed by the board. The
directors shall have the right tc
fill any vacancy occurring In 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
persons who shall constitute the
first board of directors and when
so 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
bylaws Of the corporation; to fix
the amount to be reserved as work.
ing capital. and to authorize and
cause to be executed mortgages. de-
bcntures, and other obligations
which shall be liens upon the pro-
perty and franchises of the corpor-
alton, and, in general, to exercise
all the powers and authority of the
I