Nogales international., 1943-12-31
LEGAL NOTICE
gales, Arizona.
ARTICLE III.

ARTICLE III.
The general nature of the bust
ness to be transacted by this cor
poration shall be:
(a) To engage in, carry on and |
conduct the business of prospecting
and searching for, mining, quarry
Ing milling, concentrating, convert
ing, treating, refining, transporting,
buying, selling, and
acquiring, producing and
dealing in and with gold, silver,
copper, lead, zinc, antimony, tin,
asbestos, iron, coal, earth, stone,
precious and semi-precious stones,
and all kinds of ores, metals and
minerals, and all other substances,
and the products and by-products
of every kind and description and
by whatever process the same can
be or may hereafter be produced.
(b) To acquire or dispose OF in
any manner and to buy, operate,
sell, exchange, lease, option and in
every manner deal in and with
lands, farming lands, mines and
mineral rights and claims, millsites,
timber rights and lands, licenses,
patents and processes of every kind,
townsites and lots, water rights,
and every kind of real and personal
property.
Co To buy, construct, and in
every manner acquire, operate, sell
and lease buildings, smelters, refin-
cries, mills, machinery, foundries,
motor bus and truck and freight
lines, vessels, wharves, docks, build
ings and works, workshops, assay
offices, laboratories, power plants,
electric generating and distribution
plants and systems; telegraph and
telephone lines and systems, stores,
warehouses, restaurants, boarding
and lodging houses, and such rail
roads, tramWayS, turnpikes and
canals as may be permitted by law.
Cd To carry on general mer-
chandise business, both wholesale
and retail Either as principal or
agent to- deal in and with real and
personal property of every nature
and description in any manner and
for any purpose not prohibited by
law; and to mortgage, pledge or
hypothecate any or all of it's prop
erty, real or personal
(e) To acquire, purchase, hold,
sell, mortgage, pledge and hypothe-
cate the shares of stock and securi-
ties of this and other corporations,
both domestic and foreign, and any
form of evidence of Indebtedness
issued by this and other corpora
tions, individuals, or associations OF
persons. To vote the stock of other
domestic and foreign corporations
the same as an individual owner or
holder thereof might or could do.
(f) To incur Indebtedness for any
corporate purpose; to borrow money
and to issue notes, debentures,
bonds, and other evidence of indebt
edness; to mortgage, pledge Or hy-
pothecate any or all of it's property
or assets as security for its indebt-
edneSs.
(g) To do all and everything nee
esSary, suitable or proper for the
conduct of the corporate business
and the accomplishment of any OF
the purposes or the attainment OF
any of the objects hereinabove men
toned, either alone or in aSsocia-
ton with other corporations, firms
and individuals in any part of the
world; and in general to engage in
any and all lawful business that
may be necessary or convenient in
carrying on the business of the
corporation, and to do any and
every other act or acts, thing or
things, incident to, growing out of,
or connected with its business or
any part or branch thereof.
ARTICLE w.
The authorized capital stock of
the corporation is one hundred
thirty thousand dollars ($130, 100000
divided into three hundred 5000
shares of preferred stock of the par
value of one hundred dollars
($1OO.O0 per share and one hundred
thousand 100000 shares of COM
mon stock of the par value of one
dollar Q0O) per share. During
each calendar year beginning jan
uary /, 1914, the holders of the
preferred stock shall be entitled to
receive out of the net earnings of
the company preferential cumu-
lative dividends at the rate of six
per cent. (6%) per annum payable
in annual or more frequent install
ments as the bylaws may from time
to time provide After providing
for the payment of all accumulated
dividends upon the preferred stock,
fifty 5000 per cent of the remain
ing net earnings of the company in
each year after deducting the
amount, if any, that the directors
deem necessary to eXpend for oper-
ations, additions and/or improve
ments, shall be set aside and paid
into a sinking fund for the redemp-
tion and discharge of the preferred
stock, and any or all of the shares
of preferred stock shall be subject
to redemption at any time after the
issuance thereof at one hundred
dollars ($10O.0O) per share and
accumulated dividends thereon, at
such times and in such manner as