Nogales international., 1935-12-14
LEGAL NOTICE

more offices, the duties of the in
cumbent of which are not incon-
sistent, may be held by the same
person. Both the officers and dir
ectors shall hold their offices for
the period of one year from and af-
ter election and qualification and
until their successors are elected
and qualified, unless removed by
the board. The directors shall have
the right to fill any vacancy occur
ring in the board by death, resig-
nation, or otherwise, and the per-
son or persons elected to fill any
such vacancy or vacancies shall hold
his office 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 first Monday in February Of
each year, commencing with the
year 1897.
ARTICLE TX.
The incorporators shall name the
persons who shall constitute the
first board of directors and when
so selected by the inSorporators
said members of the board shall
serve until the first annual stock
holders 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,
debentures 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
corporation not expressly withheld
from said board by law, or by these
articles of incorporation, or by the
affirmative action of the stockhold-
ers, except as otherwise provided in
these articles.
ARTICLE XI.
The stockholders and members Of
this corporation and their private
property shall be exempt from any
liability for the debts of this COR
poration.
ARTICLE XII.
! The indebtedness of this corpor-
alton shall at no time exceed the
sum Of three hundred thirty three
thousand three hundred thirty
three ($333 $4,000 dollars.
ARTICLE XIII.
The club to be established, main
tanned, and conducted by this cor
poration as provided in these ar
ticles shall be composed of the in
corporators herein named and such
other persons as shall be elected to
membership by a membership COM
mittee of five 60 club members Of
whom not less than three shall be
directors of this corporation and all
of whom shall be elected annually
by the members Of such club at the
time of the regular annual meet
ing of the stockholders of the cor
poration, except the first member
ship committee which shall be nam
ed by the incorporatorS of this cor
poration and when so selected such
first membership committee shall
serve until the first annual mem
bership meeting and until their sue
cesSorS are elected and qualified.
Such members shall have power
by a majority membership vote as
members, but, not according to the
number of shares of the capital
them, to make and alter rules and
stock Of the corporation owned by
regulations governing the election.
withdrawal, expulsion, and discip-
line of members and the payment Of
membership dues.
Membership in said club shall not
entitle the holder thereof to any
right, title, or interest in or to the
assets of the corporation; such as
sets being owned and held by this
corporation in the same manner as
that of any other corporation, and
any right, title, or interest in such
assets being limited to owners Of
the capital stock of this corpora
tion with the same rights, privileges
and powers that are incident to the
ownership of stock in any private
corporation.
ARTICLE XIV.
Duane Bird, of NogaleS, Santa
Cruz County, Arizona, who has been
a bona fide resident of the State of
Arizona for at least three years, is
hereby appointed the lawful agent
of this corporation for and on be-
half of it. to accept and acknow-
ledge service, and upon whom may
be served all necessary process in
any action, suit or proceeding that
may be held or brought against this