Nogales international. [volume] (Nogales, Ariz.) 1926-1979, 1941-02-01
LEGAL NOTICE!

LEGAL NOTICE!
powers on purposes herein enumer-
ated shall be deemed to be ex-
elusive, but it is hereby expressly
declared that all other lawful pow
ers and purposes, not inconsistent
with the foregoing clauses, and all
other powers conferred upon cor
porations under and by the laws of
the State of Arizona, are hereby
included.
+ ARTICLE ".
The authorized amount of CAPT.
tai stock of this corporation shall
be five hundred shares of common
stock, having a par value of one
hundred dollars per share.
The capital stock of this corpora.
ton shall be subscribed and paid
for from time to time, as the Board
of Directors shall designate. Such
stock shall be paid for in cash, real
or personal property, services,
leases, options to purchase, fran
chises, or any other right or thing
of value, for the use and purposes
of this corporation, and all shares
Of stock, when so issued, shall
thereupon become and be fully paid
and shall be worcestershire there
after. The Judgment of the Board
of Directors as to the value of any
property, right, service or thing
taken in exchange for or as pay
ment for the capital stock of this
corporation shall be conclusive up
on this corporation, it's stockholders
and creditors, in the absence of
| fraud.
ARTICLE vi.
The date Of the commencement
of this corporation shall be the date
of the filing of it's articles with the
Corporation Commission of the
State of Arizona, and the recording
of a certified copy of the same in
the office of the County Recorder
of Santa Cruz Count, Arizona, and
it shall endure for the full term Of
twenty five years thereafter, with
the privilege, however, of renewal,
and of perpetual succession and ex-
istance, as provided by the laws Of
| the State of Arizona.
ARTICLE VII.
The affairs Of this corporation
shall be conducted by board of di-
rectors of not less than three or
more than seven persons, who shall
be elected at the annual meeting
Of the stockholders and who shall
hold office until the next annual
meeting of the stockholders and I'M
til their successors shall have been
qualified The annual meeting of
stockholders shall be held On the
second Monday in January of each
year The first board Of directors,
consisting of three members, until
otherwise changed by the Board,
shall be elected at the first organ
ization meeting of the incorporators
and shall hold office until the first
annual meeting of stockholders and
until their successors shall have
been elected and qualified.
ARTICLE VIII.
The officers of this corporation
shall consist of President, Vice
President, Secretary, and Treasur-
err, and such ether officers as the
Board of Directors may from time
to time elect. Any two Of said OF
fices may be consolidated and may
be held by one and the same per-
son, where the duties of said Of
fices are not inconsistent. The Of
ficers shall be elected by the Board
of Directors at the first meeting of
the Board after the annual meet
ing of stockholders, and said off
GERS shall hold office for one year,
and until their successors shall have
been elected and shall have quail
fled. The first officers of the cor
poration shall be elected by the
Board of Directors at their first
meeting after their election. Any
and all vacancies that may occur in
the Board of Directors or in any Of
flee may be filled by the remaining
directors, and the person so chosen
to fill the vacancy shall serve dur
ing the unexpired term of his pre-
decessor and until his successor is
elected and qualified.
The Board of Directors shall have
power to adopt, alter, and rescind
bylaws for the government Of this
corporation, and to sell, transfer,
mortgage, pledge, hypothecate, or
otherwise dispose of or incumber
any of the property and assets of
this corporation, less than an entire
disposition or sale of all OF said as
SETS uDOn Sllch terms apd cO,di