Nogales international., 1939-02-04
LEGAL NOTICE

every manner deal in and with hard
ware, machinery, furniture and fur
nishings, building and builders sup
plies, appliances, tools, equipment,
implements and other goods, wares
and merchandise of every nature
and description, at both retail,
wholesale, or ptherwisa; to own
and control shares Of its own cap
ital stock and stock of other cor
porations; to acquire by purchase,
lease, exchange or otherwise and
to own and hold real estate, build
ings and improvements, furniture,
fixtures, tools. equipment and 9TH
er personal property necessary, con-
venient or proper in promoting or
carrying out said objects; to bor-
row money and to issue bonds,
notes, debentures and other evil
dences of indebtedness and to Sc
cure the payment thereof by mort
gage, deed Of trust or otherwise;
and generally to do any and all
things and transact such business
in connection with the foregoing
objects not inconsistent with law,
in any part of the world, as the
Board of Directors may deem to
tho advantage Of the corporation.
ARTICLE Nv.
The capital stock Of the corpo-
ration shall be Fifty Thousand
($50, 900. .00) Dollars, divided into five
Hundred (5O0) shares of the par
value of One Hundred ($10O.0O
Dollars each which shall be paid
in at such times as the Board of
Directors may designate in cash,
real or personal property, services
or any other valuable right OF
thing for the uses and purposes o1
the corporation; and all shares Of
capital stock when issued in ex.
change therefor shall thereupon
and thereby become and be fully
paid the same as though paid fol
in cash at par and shall be for
ever nonassessable, and the judg-
ment of the directors as to the
value of any property. right OF
thing acquired in exchange for cap
ital stock shall be conclusaTe.
ARTICLE v.
The time of the commencement
of this corporation shall be the
date upon which a Certificate of In
corporation shall be issued to il
by the Arizona Corporation Com
mission, and the termination there
of shall be twenty-five years there
after, provided that this corpora
ton may be renewed from time te
time thereafter as provided by law
ARTICLE vi.
The management and control o1
the business, property and affairs
of the corporation shall be vested
in and conducted by board Of
not less than three nor more thar
seven members as may be prescribed
by the bylaws. The directors shall
be elected from among the stock.
holders at their annual meeting tC
be held in the first Tuesday Of
January of each year and shall
hold office until their successor:
are elected and qualified.
The Directors shall have power
to adopt, amend and rescind by
laws, to fill vacancies occurring II
the board or any office for any
cause and to appoint such commit
tees or such other officers or agents
as they may deem proper.
ARTICLE VII.
The officers of this corporation
shall be a President, Vice-president
Secretary and Treasurer, and Sucl
other officers as the Board of Di
rectors shall deem necessary or ex
pedient. Any two of said officer
except those of President and Vice
president may be held by the sam'
person. The officers shall be elect
ed annually by, from and amon|
the directors, Immediately after TIN
annual meeting of the stockholder
and shall hold their office unit
their successors are elected ant
qualified.
ARTICLE VIII.
! The highest amount of indebted
ness or liability, direct or contin
gent, to which the corporation may
at any time subject itself is Thirty
three Thousand, Three Hundred
Thirty-three and 33/100 ($33,
333.33) Dollars.
ARTICLE TX.
The private property of the In
corporators, members, officers ant
directors of the corporation shall
be forever exempt from all co-po
rate debts.
ARTICLE x.
James v. Robins. of Nogales
Arizona. who has been q bona ffd
resident Of the State Of Ar1zon'
for more than three years las
past, is hereby appointed the agen
of this corporation upon whom al