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Collection: Original Records > Articles of Incorporation

Heart Ranchos, Inc (AI-H064)(1958) (7 pages)

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(n) To carry on any business whatsoever which this corporation may deem proper or conven~ ient in connection with any of the foregoing purposes or otherwise, or which may be calculated directly or indirectly to promote the interests of this corporation or to enhance the value of it's property or business; to conduct it's business in this state, in other states, in the District of Columbia,y in the territories and colonies of the United States, and in foreigh countries; and to hold, purchase, mortgage and convey real and personal property, either in or out of the State of California, and to have and to exerciseall the powers conferred by the laws of California upon corporations formed under the laws pursuant to, and under which this corporation is formed, as such laws are now in effect, or may at any time hereafter be amendede The foregoing statement of purposes shall be construed as a statement of both purposes and powers, and the pur= poses and powers stated in each clause shall, except where otherwise expressed, be in nowise limited or res= tricted py reference to or inference from the terms or provisions of any other clause, but be regarded as inde= pendent purposese PRIN THREE: The county in the State of California where the CIPAL OFFICE principal office for the transaction of the business of this corporation is to be located is Los Angeles County. CAPITAL FOUR: This corporation is authorized to issue only one IZATION AND class of shares of stocks; the total number of SHARES OF STOCK shares this corporation shall be authorized to issue is five thousand (5,000) shares, and all such shares are to be without par valuce NUMBER FIVE: (a) The number of the directors of this corporOF DIRECTORS ation shall be three (3):.