Nogales international., 1944-01-07
LEGAL NOTICE
gales, Arizona.
ARTICLE LII.

AfC 1lObEI LII.
The general nature of the busi-
ness to be transacted by this cor
poration shall be:
! (a) To engage in, carry on and
r conduct the business of prospecting
' and searching for, mining, quarry
. ing, milling, concentrating convert
ing, treating, refining, transporting,
manufacturing buying, selling, and
otherwise acquiring, producing and
dealing in and with gold silver,
2 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.
CD 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.
(c) 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.
I'D To carry on a 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 its prop
erty, real or personal
(e) To acquire, purchase, hold,
sell, mortgage, pledge and hypothe-
l cate the shares of stock and securi-
! ties of this and other corporations,
/ both domestic and foreign, and any
form of evidence of Indebtedness
f issued by this and other corpora
y 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 it's 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
r world; and in general to engage in
e 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 it's 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
q shares of preferred stock of the par
y value of one hundred dollars
= ($1OO.00) per share and one hundred
F thousand (1OO,OOO) shares of COM
mon stock of the par value of one
= dollar 100) per share. During
each calendar year beginning jan
uary 1, 1914, the holders of the
preferred stock shall be entitled to
f receive out of the net earnings of
: the company preferential cumu-
! lative dividends at the rate of six
|. per cent (6@o) per annun payable
in annual or more frequent install
: ments as the bylaws may from time
RI to time provide. After providing
# for the payment of all accumulated
: dividends upon the preferred stock,
Q 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-
Y ations, additions and/or improve
ments, shall be set aside and paid
into sinking fund for the redemp-
4 ton and discharge of the preferred
stock, and any or all Of the shares
of preferred stock shall be subject
e to redemption at any time after the
l. issuance thereof at one hundred
a dollars ($1000O per share and
e accumulated dividends thereon, at
= ~ ,oI1 &c