Nogales international., 1935-04-20
LEGAL NOTICE


works for smelling or otherwise tol
treating, removing and storing met
ais and minerals and drawing ane
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, zine, and other
substances.
To own, handle and control letters
patent and inventions and shares Oh
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 nattrai
person might do: to borrow money
and to issue bonds, notes, depen-
lures and other evidences OF lndeoe-
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 fldu-
ciary capacity; and in general to DO
and perform such acts ana 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
ton shall be Five Hundred Thou
sand ($5oO, 100000 Dollars. divided
into Five Hundred Thousand (5OO,-
00O) shares of the par value of One
(S1.0O) 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 any
other valuable right or thing, for
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 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 pe
conclusive.
ARTICLE w.
The commencement of the cor
poration shall be the date OF the IS
s,1anca to it of 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 affairs
of the corporation shall be vested III
and conducted by a Board OF Direc-
tors. The number of Directors shall
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 Feo-
ruary, 1886, and until their success
sors have been elected and quail
fed, the following persons snail
constitute the Board of Directors:
e. Richard Bagarozy, Ncgales, Ari-
zona: M. Gloria Prosperi. Nogales,
Arizona: William j. Mitchell, NO
gales, Arizona.
ARTICLE VI.
The Directors shall have power 10
adopt, amend and rescind bylaws
to fill vacancies occurring III tne
board or any office for any cause
and to appoint such committees Or
such other officers Or agents as
they may deem proper.
ARTICLE VII.
The officers of this corporation
shall be o President, Vice-preSident'
Secretary and Treasurer, and such
other officers as the Board OF DIR
ectors shall deem necessary or eA-
pedient. Any two Of said oftlcers
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 stockholoers
and shall hold their office until
their successors are elected ano
qualified.
ARTICLE VIII.
| The highest amount OF lnoeo'eo-
,r,Io{Nh tho COR