Nogales international., 1935-04-27
LEGAL NOTICE

ters Patent and Inventions.
To purchase. or cancel and re-
is9ue shares Of its own capital stock
and to own and vote shares of other
corporations.
To Issue bonds. notes and other
evidences Of Indebtedness and to
secure the payment Of the same by
mortgage, deeds of trust, or other
wisc: to borrow and loan money.
In general to do or perform such
acts and things and transact any
business not inconsistent with law,
In any part of the world as the
Board of Directors may deem to
the advantage OF the corporation.
THIRD: The amount Of the capt.
tai stock of the corporation is Two
Hundred Thousand Dollars $780,
100000, divided into 1000 shares.
common stock, of the par value OF
$4,000 each, which shall be paid In
at such time as the Board of Dir
ectOrs may designate, in cash, real
or personal property, services, leas-
es. options to purchase, or any other
valuable right or thing for the uses
and purposes of the corporation, and
all shares of the capital stock, when
Issued In exchange therefor, shall
thereupon and thereby become and
be fully paid, the same as though
paid for in cash at par, and shall
be non- -assessabln forever, and the
Judgment of the Board Of Directors
as to the value of any property.
right or thing acquired in exchange
for capital stock, shall be conclusive.
FOURTH: The time Of the COM
mencement of the corporation shall
be the day these Articles are f1lec
In accordance with law, and the ter
minat!on thereof shall be twenty
five years thereafter, with renewal
and right of perpetual succession us
now provided by law.
FIFTH: The affairs OF this COR
poration shall be conducted by Il
Board of not less than three CD
nor more than nine 90 Directors,
by whom president. vice-president,
treasurer and secretary shall be
elected. The Directors shall be elect
cd by the stockholders on the sec
ond Monday in February of each
year.
Until their SUCCESSORS are elected
and qualify, the following named
persons shall be Directors:
James D. Culbertson
F.. E. Weeks :.
Mulford Perry
L. Britton BoWker
l.. Leon Pressey
SIXTH: The Directors shall adopt
bylaws for the government Of the
corporation and may amend the
same. They shall have power to fill
vacancies occurring IN the Board
from any cause, and to appoint from
among their number an executive
committee which, 10 the extent pro-
vided by resolution or by the said
bylaws, shall have and exercise the
power granted the Directors by these
Articles.
SEVENTH: The highest amount
of indebtedness or liability, direct
or contingent, to which the corpor-
alton is at any time to subject it
self. shall not exceed two-thirds of
the amount Of the capital stock.
EIGHTH: PRIVATE PROPERTY
OF THE STOCKHOLDERS SHALL
BE, AND IS, FOREVER EXEMPT
OF CORPORATE DEBTS OF ANY
KIND WHATSOEVER.
IN WITNESS WHEREOF we here
by affiX our signatures this 18th
day of March, 1885.
F.. B. Weeks
James D. Culbertson
STATE OF CALIFORNIA, J
)ss.
County of Los Angeles. } !
On this 18th day of March, 1895, /
before me. Notary Public In and
for said County and State. person.
ally appeared JAMES D. CULBERT-
SON and F. B. WEEKS known to
me to be the persons whose names !,
are subscribed to the within in
strument. and acknowledged to me
that they executed the same.
IN WITNESS WHEREOF, have
hereunto set my hand and affixed
my official seal the day and year
in this certificate first above writ
ten.
Mary Esty
(NOtariat SeaN |