Nogales international., 1947-05-02
LEGAL NOTICE

est, dividends or income from any
of the securities held, owned or
acquired by the corporation, and to
exercise in respect of such bonds,
notes, mortgages, debentures, shares
of capital stock and other securities
and obligations, all the rights,
powers and privileges of individual
owners thereof, including the right
to vote upon any shares OF stock
held by it to the same extent that
a natural person might or could do.
To sell or issue all or any part of
it's capital stock, or any bonds deb
entures or other evidences of in
debtedness authorized by it's board
of directors, in payment for the
good will, rights, business, personal
property, real estate or leases there
on, of any person, firm, association
or corporation, and the judgment
of its board of directors as to the
value of such good will, rights, bus
iness, property, real estate or leases
thereon, shall be conclusive in the
absence of fraud.
To guarantee the payment of
dividends or interest on any shares,
stocks, debentures or other securi-
ties issued by, or any other contract
or obligation of, any corporation
whenever necessary for the business
of this company, and upon such
terms and conditions and in such
manner as may be prescribed by
the bylaws or by resolution of the
board of directors. Also to pur-
chase, hold or reissue and sell the
shares of it's own capital stock.
To remunerate any person, per-
sons or corporation for services
rendered, in placing or assisting to
place any of the shares of the COM
pany's capital stock, or any deben-
ture, bond, or other security of the
company, or for services rendered
in or about the formation or pro-
motion of the company, or the con-
duct of it's business, all upon such
terms as the board of directors may
approve.
Without in any particular limit
ing any of the objects, or purposes
or powers of the corporation, the
business or purposes of the corpora
ton shall be from time to time to
do any one or more or all of the
acts and things herein set forth,
and all such other acts, things and
business or businesses in any man
ner connected Herewith, or neceS-
sary, incidental, convenient or aux
iliary thereto, or calculated directly
or indirectly to promote the inter-
ests of the corporation or enhance
the value of or render profitable
any of it's property or rights, as
such corporation may lawfully do;
and in carrying on it's business, or
for the purpose of attaining or fur
thering any of its objects, to do
any and all acts and things, and to
exercise any and all other powers
which co-partnership or natural
person could do and exercise, and
which now or hereafter may be
authorized by law, and either as,
or by and through principals,
agents, attorneys, trustees, contrac-
tors, factors, lessons, lessees, or
otherwise, either alone or in con-
junction with others and in any
part of the world; and in addition
to have and to exercise all the
rights, powers and privileges now
or hereafter belonging to or con-
ferred upon corporations organized
under the provisions of the law
authorizing the formation of such
corporations.
ARTICLE v.
The authorized amount of the
capital stock of this corporation
shall be One Hundred Thousand
and No/1OO ($1O0, 100000 Dollars,
divided into One Hundred Thous-
and (1O0,O0O) shares of the par
value of One ($1.G0) Dollar each;
Upon subscription therefor said
lcapital stock shall be paid into IT,
Icorporation in such manner anC
upon such terms as the Board O.
directors may fix in cash, services
or by the sale, conveyance, trans
fer or assignment to the corporation
of property, property rights or in
terests therein, real, personal O.:
mixed, for the uses and purpose
of the corporation, and in paymen
flor which shares of the capital
stock of the corporation may be
issued, and such stock so issued
shall thereupon and thereby become
and be fully paid up and nonassess-
able, and in the absence of actual
: fraud in the transaction, the judg-
ment of the Board of Directors as
to the value of the services rendered
or property purchased shall be con-
; elusive.
ARTICLE vi.
The time of the commencement