Nogales international. [volume] (Nogales, Ariz.) 1926-1979, 1941-01-18
LEGAL NOTICE!

of corporate obligations; and to
sell and hypothecate the same and
to secure the payment of the same
by mortgage or otherwise upon all
or any of the property of this cor
poration at such times and in such
amounts and at such rates of inter
est as the Board of Directors of
this corporation may deem proper;
to bel ONE surety upon any obliga-
| ton.
| 9. To sell or issue all or any
part Of its capital stock or any
bonds, debentureS, Or any other evil
dences of indebtedness, authorized
by its Board of Directors, in pay
ment for the good will, rights,
business, personal property, real
estate or leases thereon, franchises.
easements, or good will of any per-
son, firm, association, or corpora
tlcn; to declare and pay dividends
upon its capital stock, and to
guarantee the payment of dividends
or interest on any shares of stock.
debentures or securities issued by
this corporation, in such manner as
may be prescribed by the Bylaws
or by resolution of the Board of
Directors; to purchase, hold reissue
and sell the shares of it's own capt.
tai stock.
10. To acquire, dispose of, mort
gage, pledge, and hypothecate and
hold the shares OF stock, bonds, de-
bentures, or other evidences Of in
debtedness of other corporations.
II. To do all and everything ne
cessary, incident, suitable, and pro-
per or advantageous for the accom-
plishment of any Of the purposes.
or for the attainment of any one or
more of the objects hereinbefore
enumerated, not inconsistent with
tbs laws of the United States of
America, the State of Arizona, or
any other State or foreign nation
to whose jurisdiction this corpora
ton may at any time submit itself,
and to possess the same powers in
such respects as private individ-
uals.
The foregoing clauses shall be
construed both as objects and pow
ers, but no recitation, expression
or declaration of specific or special
powers or 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 v.
The authorized amount of CAPT
tai stock of this corporation shall
be five hundred shares of common
stock. having 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. .,<5"-.,.
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 meet ng