The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1904-02-05

Socorro county, Territory of New
Mexico, known and designated by
the following names, to wit: North
and South Governors. Emmitu,
Queen Annie. and Big Sam together
with one mill site of five acres. max
ing a total acreage of about one hun
dred and five acres, together with
the development. improvement and
appurtenances, thereuntO belonging.
The aforesaid claims n mining
properties to be taken by the corpo-
ration at the face value of Five Hun
bred Thousand Shares of it's capital
stock and to be received and accept
ed by this corporation in full pay
ment Of said stock and said stock
when SO issued shall be fully paid
and forever treated and considered
as worcestershire and it shall be con
clusively presumed as against all per
ons dealing with the corporation
whether creditors, stockholders or
others, that the amount paid for
said mining claims and properties
was at the date of said location and
purchase the value of the same;
and all persons shall be forever bar
red and %estopped from setting up
any proceedings at law or equity
that the said stock is not fully paid
up.
Article v.
The capital stock of this corpora
ton shall be worcestershire, the
law and court decisions if there be
any. to the contrary Notwithstanding
and all of said stock when issued
and paid for at the price agreed up
on, shall be fully paid and forever
worcestershire, and it shall be con-
clusively presumed as against all
whether creditors, stockholders or
others, that the amount paid for the
capital stock and accepted on the
corporation was at the late of pur-
chase the value of the same. and all
persons shall be forever barred and
estopped from setting UP any pro-
ceedings at law or equity that the
said stock is not fully paid up.
Article vi.
h business affairs of the cor
poration shall be managed by a
| BoonI ~f ,2ot~ e e.
or more; not exceeding eleven, stock
holders of the corporation, VINO shall
be elected at the annual meeting OF
the stockholders on the SECOND Tues
day of June of every year, except in
case of a vacancy in said Board, or
the minimum number provided be
may fill such vacancies, or deeming
it for the best interests of the cor
poratiOn, may elect additional direc-
tors up to the maximum number to
serve until the next annual meeting
Officers shall be: president, vice
president, secretary, treasurer and
IN AiolIiSSl. IhCoC olliSClo
shall be elected by the newly elected
directors, at or about the time of
the annual meeting of the stockhold
ers, exceD to fill a vacancy. Their
duties shall be such as are usual to
such officers, or as the by laws pre-
scribe OF the Board of Directors re-
quire. Until their successors are ell
ected and qualified the Board of Di-
rectors and officers shall be as fol-
lows:
Officers.
S. P. Stanford, President, Oklaho-
ma City, Okla, Isibud B. Rose, Vice
Pres, Roswell, New Mexico; Jeffer
son D. Bell, Secretary, Roswell, New
Mexico; James A. Cottingham, Treas
Roswell. New Mexico: VIM. S
Bourne, Gen1 Manager, Nogal, New
Mexico.
Directors.
j. A. Ryan, Oklahoma City, Okla.
John S. Lenox, Roswell, New MeXi.
co; M1chael ID. Burns, Roswell, New
Mexico; John NJ. Russell, Roswell,
New Mexico.
Article VII.
The highest amount of indebted
ness or liability to which the cor
%poration shall at any time be sub
ject, shall not exceed one-third of
it's capital stock credited upon it's
books. In no event shall it exceed
the limit prescribed by the law of
New Mexico, for like corporations.
Article VIII.
All membranes or ~conveyances
of rea or personal property shall be
in the name of the corporation by