Nogales international., 1935-04-27
LEGAL NOTICE

roads, shafts, furnaces, quartz
crushing and other machinery
works for smelling or otherwise foI
treating, removing and storing met
ais and minerals and drawing ano
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, ana otner
substances.
To own, handle and control letters
patent and inventions and snareS OF
It's own capital stock and that oi
other corporations. and to vote any
shares of stock of other corporatlons
owned by it the same as naturai
oerson might do; to borrow money
and to issue bonds, notes, oepen-
lures and other evidences OF 1ndeot-
edness and secure the payment OF
the same by mortgage, deed OF, trust
or otherwise; to act as agent, trlls-
tee, broker. or in any other 1lou-
ciary capacity; and in general TO 90
and perform such acts ana tnlngs
and transact such business in con-
nection with the foregoing opJects
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 ,O0OO0) Dollars, divloeo
into Five Hundred Thousand (5OO'-
0o0) 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 any
other valuable right or thing, 1or
the uses and purposes OF the cor
poration and all shares OF capisa1
stool, when issued in exchange
therefor, shall thereupon and there
by become and be fully paid the
same as though paid for in cash at
par. and shall be non-assessaoie
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 oe
conclusive.
ARTICLE Nv.
The commencement of the cor
poration shall be the date OF the Is
s1ance 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 Vi
the business, property: and a11alrs
of the corporation shall be vested III
and conducted by a Board OF Direc-
tors The number Of Directors snali
be designated by the bylaws, ana
thn directors shall be elected from
among the stockholders at their an
nual meeting to be held on the Ilrst
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. 1896, and until their success
sors have been elected and quail
fled, the following persons sha'l
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 70
adopt amend and rescind bylaws
to fill vacancies occurring IN the
board or any office for any cause
and to appoint such committees oi
such other officers OR agents aS
they may deem proper.
ARTICLE VII.
| The officers of this corporation
shall be a President, Vice-presicent'
Secretary and Treasurer, and sucn
other officers as the Board OF lnr-
cctors shall deem necessary OF eA-
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 stocknoloels
and shall hold their office untn
their successors are elected ano
qualified.
ARTICLE VIII.
The highest amount OF lnoeoteo'
ness or liability to which the COZ
poration may at any one tlme suo'