Nogales international., 1935-01-05
LEGAL NOTICE

LEGAL NOTICE
either alone or in conjunction With
others and in any part Of the world;
and in addition to have and to eX-
ercise all the rights, powers, and
privileges now or hereafter belong
ing to or conferred upon corpora
tions organized under the provisions
of the law authorizing the forma-
ton OF such corporations.
ARTICLE v.
The authorized amount Of the
capital stock OF this corporation
shall be Ten Thousand ($10,00000)
Dollars, divided into ten thousand
100000 shares OF the par value OF
One ($1.00) Dollar each. Upon sub
scription therefor said capital stock
shall be paid into the corporation
in such manner and upon such
terms as the board Of directors may
fix IN cash, services, Or by the sale,
transfer and assignment to the cor
poration Of property, property rights
or interests therein, real or person.
al, for the uses and purposes OF the
corporation, and in payment Tor
which, shares of the capital stock
Of the corporation may be issued,
and such stock so issued shall
thereupon and thereby become and
,e fully paid up and non -aSsessable,
and in the absence OF actual fraud
in the transaction, the judgment OF
| the board of directors as to the
value Of the services rendered Or
property purchased shall be conclus-
i've.
ARTICLE VI.
The time of the commencement
# this corporation shall be the
late of the issuance to 1t of GER
5ificate of incorporation by the
Corporation Commission of the
| State of Arizona, and the ternlina-
ton thereof shall be twenty-five
(25) years thereafter, with the right
in the corporation to renew its
charter for an additional period OF
twenty-five years as now provided
by law.
ARTICLE VII.
The management and conduct OF
he business, property and affairs
# the corporation shall be vested in
and conducted by board of dir
ectors of not less than three CD
nor mere than seven Cd persons
end ell directors, except in case OF
vacancies, shall be elected at the
annual meeting Of stockholders, ex-
cept the first board, which Is chos-
en- as in these articles hereinafter
set forth. The officers of the cor
poratioN shall consist Of Presi-
dent, Vice President, Secretary
and Treasurer, and such other Off
GERS as the board Of directors shall
deem cxpedicnt, and all shall be
elected or appointed by the board o1
; directors. Any two or more offices
the duties cf the incumbent OF
which are not inconsistent, may be
held by the same person. Both the
officers and directors shall holc
their offices fer the period of one
year from and after election ant
qualification and until their success
: sors are elected and qualified, un-
less removed by the board TIE
directors shall have the right TX
fill any vacancy occurring In the
board by death, resignation, O.
otherwise, and the person or per-
sons elected to fill any such vacan-
cy or vacancies shall hold his Of
flee until the next regular meeting
of stockholders.
ARTICLE VIII.
The regular annual meeting o.
. the stockholders shall be held at tn:
| principal office Of the corporation
on the second Tuesday in Februar!
F in each year commencing with thu
year 1885.
ARTICLE TX.
The incorporates shall name til;
persons who shall constitute the
) first board Of directors and whel
50 selected by the incorporators sale
members of the board shall serve
until the first annual stockholders
meeting and until their successors
J are elected and qualified.
ARTICLE x.
The beard OF directors shall have
the power to make and alter The
bylaws of the corporation; to Il,
the amount to be reserved as work
ing capital, and to authorize ant
; cause to be executed mortgages. de-
bentures, and other obligation:
, which shall be liens upon the pro-