Nogales international., 1946-02-01
LEGAL NOTICE

sell, and in every manner deal in
and with fruits, vegetables and
produce of every nature and des-
cription; to carry on the business of
growers, shippers, buyers and
sellers agent, factor and broker in
handling, shipping, marketing, SELL
ing, or otherwise acquiring or dis
posing of all fruits, vegetables and
produce of every kind; to carry on
a general merchandise business; to
own and control shares of its own
capital stock and stock of other cor
porationS; to acquire by purchase,
lease, exchange, or otherwise and to
own and hold real estate, buildings
and improvements, furniture, fix
lures, tools, equipment and other
personal property necessary. con-
venient or proper in promoting or
carrying out said objects; to borrow
money and to issue bonds, notes,
debentureS and other evidences OF
indebtedness and to secure the pay
ment thereof by mortgage, 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 the advantage of the corporation.
ARTICLE w.
The capital stock of the corpora
ton shall be Two Hundred Thous-
and ($20O, 100000 Dollars, divided
into two thousand 10000 shares of
the par value of One Hundred
($1OO00) 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
or thing for the uses and purposes
of 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 for in cash
at par and shall be forever nom
assessable, and the judgment of the
directors as to the value Of any
property, right or thing acquired in
exchange for capital stock shall be
conclusive.
ARTICLE v.
The time of the commencement of
this corporation shall be the date
upon which a Certificate of Incor-
poration shall be issued to it by the
Arizona Corporation Commission,
and the termination thereof shall
be twenty-five years thereafter, pro-
vided that this corporation may be
renewed from time to time there
after as provided by law.
ARTICLE vi.
The management and control of
the business, property and affairs of
the corporation shall be vested in
and conducted by Board of not
less than three nor more than seven
directors as may be prescribed by
the bylaws. The directors shall be
elected from among the Stockhold-
ers at their annual meeting to be
held on the first Tuesday after the
first day of January of each year
and shall hold office until their
successors are elected and qualified.
The directors shall have power to
adopt, amend and rescind bylaws,
to fill vacancies occurring in the
Board or any office for any cause
and to appoint such committees 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 such
other officers as the Board of Direc-
tors shall deem necessary or eXped1-
ent. Any two of said offices except
those of President and Vice-PreSi-
dent may be held by the same per-
son. The officers shall be elected
annually, by, from and among the
directors, Immediately after the
annual meeting of the stockholders
and shall hold office until their
successors are elected and 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 One
Hundred Thirty Three Thousand
Three Hundred Thirty Three and
33 100 ($133, ,333.33) Dollars.
ARTICLE TX.
The private property Of the in
corporators, members, officers and
directors of the corporation shall be
forever exempt from all corporate
debts.
ARTICLE x.
James V. Robins, of Nogales, Ari-
zona, who has been a bona fide
resident of the State of Arizona for
more than three years last past, is
hereby appointed the agent of this
corporation upon whom all notices