Handwriting and language barriers doing what they do to NM records, most likely the second wife of Emilio was Reyes.
NM deaths on familysearch.org gives an Emilio Aragon,born 1867, died July 9,1944 in Gallup,McKinley,NM-wife Reyes.
If you are not aware of it, AZ births/deaths online here:http://genealogy.az.gov/
You will find deaths of Mrs.Aragon-badly indexed as "Felamina Ramirez Argon",her sons Carlos and Benito; and births for children of Benito and Lucy Morales.
There is also a memorial to Lauriano Aragon on findagrave.com which has his obituary.