Nogales international., 1935-05-04
LEGAL NOTICE

roads, shafts, furnaces, quartz
crushing and other machinery
works for smelling or otherwise TO
treating, removing and storing met
ais and minerals and drawing ant
pumping appliances, or waterworkS
and crushing, working. manufactur
ing, purifying, cutting, polishing, OF
otherwise dealing with gold, silver
precious metals, minerals, ores
Goals, diamonds, precious stones
earth, lead, copper, zinc, and cthel
substances.
To own, handle and control letters
patent and inventions and shares Oh
its own capital stock and that o.
other corporations, and to vote any
shares Of stock OF other corporations
owned by 1t the same as natafal
person might do; to borrow money
and to issue bonds, notes, deoen-
lures and other evidences OF indeot-
edness and secure the payment OF
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 to 90
and perform such acts and Things
and transact such business IN con-
nection with the foregoing objects
not, inconsistent with law, i'll any
part of the world, as the board Oh
directors may deem to the advantage
of the corporation.
ARTICLE III.
The capital stock of the corpora
ton shall be Five Hundred Thou
sand s5o0,00000) Dollars, divided
into Five Hundred Thousand (5OO,-
ooo) shares of the par value OF one
(s1 oO) Dollar each, which shall be
paid in, at such times as the Board
of Directors may designate, in cash,
real or personal property, services,
lease, option to purchase, or ary
other valuable right or thing, Tor
the uses ard purposes of the cor
poration and all shares Of capital
stock when issued in exchange
therefor, shall thereupon and there
by become and be fully paid the
same as though paid for in cash 81
par. and shall be worcestershire
forever, and the Judgment OF the
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
noration shall be the date Of the Is
suance to it of a Certificate OF IN
CORPORATION by the Arizona Corpora
tion Commission and 1t 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 affalrs
of the corporation shall BE- vested IN
and conducted by a Board OF Dlrec-
tors. The number Of Directors snail
be designated by the bylaws, ana
the> DIRECTORS shall be elected from
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 Fep-
ruary, 1886, and until their success
sors have been elected and quail
! fled, the following persons snali
constitute the Board Of Directors:
E. Richard Bagarozy, NCSales' Arl-
zona: M. Gloria Prospect, Nogales,
Arizona; William j. Mitchell, NO.
gales, Arizona.
AH4ICLE l.
The Directors shall have power "
adopt, amend and rescind bylaws
to fill vacancies occurring in the
board or any office for any cause
and to appoint such committees OF
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, ana sucii
other officers as the Board OF l'lF-
ectors shall deem necessary or eH-
pedient. Any two of said OFFICERS
except those of President and VICE
president, may be held by the same
person. The officers shall be electeo
annually by, from and among tne
Directors, Immediately after the an
nual meeting of the stockholders
and shall hold their office aiati
their successors are elected ano
qualified.
ARTICLE VIII.
The highest amount of indebted