Nogales international., 1935-03-30
LEGAL NOTICE

| the business to be transacted is the
following: To make contracts; to
purchase, lease. option, locate or
otherwise acquire, Or exchange, sell.
or otherwise dispose Of, pledge.
mortgage, hypothecate and deal In
mines, mining claims. mineral
claims, oil lands. timber lands.
water and water rights, and other
property, both real and personal; to
work. explore, operate and develop
the same; to deal in the products
and by products thereof;
To purchase, lease Or otherwise
acquire, erect, own, operate and sell
milling, smelling Or other orc re-
duction works, ref!nerieS, mills,
! works, power plants and tramways
and railroads to lead from the COM
panys principal works; to do 3 gen.
eral manufacturing and mercantile
business.
, To own, handle and control Let
ters Patent and inventions.
! To purchase, OF cancel and re-
issue 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
secura the payment of the same by
mortgage, deeds Of trust, or other
wise; 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 capi-
] tai stock of the corporation Is Two
Hundred Thousand Dollars $780,
i 00o.D0), divided into 1000 shares,
! common stock, of the par value OF
$4,000 each, which shall Ne paid IN
at such time as the Board Of DR.
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-assessable 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
r,encement of the corporation shall
be the day these Articles are filed
in accordance with law, and the ter
mination thereof shall be twenty
five wears thereafter, with renewal
and right of perpetual succession as
now provided by law.
FIFTH: The affairs OF TINS cor
,>orot,on shall be conducted by a
poard of not less than three 90
nor more than nine (s) Directors,
bv whom president, vice-president'
treasurer and secretary shall De
elected. The Directors shall be elect
ed by the stockholders on the sec
ond Monday in February OF eacn
year.
Until their successors are elected
and qualify, the following named
narsons shall be Directors:
James D. Culbertson
F. 3. 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 10 I'LL
vacancies occurring in the Board
from any cause, and to appoint from
among their number an executive
committee which, TO 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 eorpor-
alton is at any time to subject it
self. shall not exceed two-thirds Of |