Nogales international., 1935-04-06
LEGAL NOTICE

works Tor SmelC1ng OF OIIleIWSc Az
treating, removing and storing met
ais and minerals and drawing ant
pumping appliances. or waterworks
and crushing, working, manufactW
ing, purifying, cutting, polishing OF
otherwise dealing with gold, silver
precious metals, minerals, ores
Goals, diamonds, precious stones
earth, lead, copper, zine, and other
substances.
To own, handle and control letters
patent and inventions and shares OF
its own capital stock and that OF
other corporations, and to vote any
shares of stock Of other corporations
owned by it the same as a natura'
oerson might do; to borrow money
and to issue bonds, notes, oeoen-
lures and other evidences OF lndeot-
edness and secure the payment Oh
the same by mortgage, deed OF trust
or otherwise; to act as agent, trus-
tee. broker, or in any other fidu-
ciary capacity; and in general 10 90
and perform such acts and things
and transact such business IN con-
nection with the foregoing objects
not inconsistent with law, IN any
part of the world, as the board OF
directors may deem to the advantage
of the corporation.
ARTICLE III.
The capital stock of the corpora
tion shall be Five Hundred Thou-
sand ($5OO,O0O00) Dollars, divloeo
into Five Hundred Thousand (SOo'-
ooo) shares of the par value OF One
($1 0o) Dollar each, which shall De
maid in, at such times as the Board
of Directors may designate, in casn,
real or personal property, services,
lease, option to purchase, or any
other valuable right or thing, Tor
the uses and purposes Of the cor
poration and all shares Of capital
stock when issued in exchange
therefor, shall thereupon and there
bv become and be fully paid the
same as though paid for in cash at
par. and shall be non-assessaple
forever, and the Judgment OF the
GALLEY NO 2 ......,.......- ----.---
directors as to the value OF any pro-
perty, right Or thing acquired, IN
exchange for capital stock shall be
conclusive.
ARTICLE w.
The commencement of the cor
poration shall be the date OF the Is
suance to it of a Certificate OF IN
corporation by the Arizona Corpora
ton Commission and it shall en-
dure for the full term Of twenty five
wears thereafter, with privilege OF
renewal as provided by law.
ARTICLE V.
The management and control OF
the business, property and affa1rs
of the corporation shall be vested III
and conducted by Board OF D1rec-
tors. The number of Directors snaii
be designated by the bylaws ana
the Directors shall be elected 1rom
among the stockholders at their an
nual meeting to be held on the first
Tuesday of February Of each year,
and shall hold their office until
their successors are elected ana
qualified. Until the first annual
meeting of the stockholders in rep
ruary. 1886, and until their success
sors have been elected and quail
fled. the following persons snail
constitute the Board Of Directors:
E. Richard Bagarozy, NCgales' Arl-
IONA: M. Gloria Prospect, Nogales'
Arizona; William J. Mitchell, NO
gales, Arizona.
ARTICLE vi.
THE Directors shall have power 10
adopt, amend and rescind oy-iaws'
to fill vacancies occurring In tiie
board Or any office for any cause
and to appoint such committees o.
such other officers Or agents as
they may deem proper.
ARTICLE VII.
The officers of this corporation
shall be a President, Vice-presloent'
Secretary and Treasurer, and sucn
other officers as the Board OF plr-
ectors shall deem necessary or ex-
pedient. ANY two Of said OFFICERS
except those of President ana VICE
president, may be held by the same
person. The officers shall be eiecteo
annually by, from and among tne
Directors, Immediately after the an
nual meeting of the stocKnoioels !,
and shall hold their office untl,
their successors are elected anu
qualified.
ARTICLE VIII.
The highest amount of indeDteo-
ness or liability to which the cor
poration may at any one time sup
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