The oasis., 1905-01-14

deal with the same
 To sell or issue all or any part Of ts capital stock, or any bonds, deDentHres Or other eYid. ences of indebtedness authorized by ts Board of Directors in payment for the good VIII. rights, business, personal property real estate, or leases thereon, Of any person, brh, hssocia' ffou or corporation, anG the Judgment Ot US Board of Directors as to the value of such good will, rights, business, property. real estate or leases thereon, shall, in the absence of fraud, be conclusive.
 porat0n for services rendered or to be rend- cred in placing, or assisting to place, or guar anteeing the placing of any Of the shares oi the C0mpAny'S capital stock or any debentnre, bonds or other securities oi the Company, or in or about the formation O p 0motiOn of the Company, the selection and procurement of directors or the conduct Of it's business upon such terms as the Board of Direct ors or Ex- ecutiye Committee may determine and direct.
 To cause or allow the legal title, estate and interest in any property acquired. established or carried on Dy he Company, to remain or be vested CT registered in the name Og or carried on by any other Company or companies, foreign or domestic, formed or to be formed and either upon trust for, or as agent or nominees 0i thiS Company, or upon any other terms or eond- itons which the Boaad of Directors or Execut i've Committee may consider for the beneft of this Company, and to manage the affairs and take over the business Of such Company or Companies so formed or 10 be formed, either by acquiring the shares stocks, or other secur- lties thereof, or otherwise hows0eyer, and to eAeTsfst Ati OF any or the powers Ol HOtutIs Ol shares, stocks or securities thereof. and to re- ceiye and distribute as profits the dividends and interests on such shares, stocks or secur- ities.
 To guarantee the payment Of dividends or interest on any shares, stocks, debentures or other securities issued by, or any other con- tract or obligation, of fanycorpOration whenever proper or necessary for the business of this Company, upon such terms and conditions and in such manner as may be prescribed by the By~LAws or by resolution of the Board of Dir ectors or Executive Committee.
 To enter into, make, perform and carry out contracts of every kind and for any lawful purpose with any person, firm, association or corporation.
 To borrow or raise money without limit as to amount by the issue of or upon wArraHts bonds, debentures, aud other negotiable or transferable Instruments, or otherwise
 To apply for, obtain, register purchase lease or otherwise acquire, and to use hold own operate, and introduce, and to sell, assign, or otherwise to dispose Of, any trademarks, trade names, patents inventions. improvements and processes used in connection with CT secured under Letters Patent 0t be United States, or elsewhere or otherwise, and to use, exercise, develop grant licenses in respecf0l, or other wise 70 turn to account any such trade-marks, patents, licenses, processes and the like, or any such property or rights
 To purchase, hold and reissue the shares of its capital stock. To conduct business in any of the states, territories, colonies or dependr eaces Ot the United States, in the district of AHAuUlDlht hHu III hHy hHA dli &DRN3EM countries, to have one or more offices therein, and therein to hold, purchase, mortgage and convey real and personal property, without limit as to amount, but always subject to locnl lows.
 TO do any or all Of the things herein set forth to the same extent as natural persons might or could dc, and in any part of the world.
 The foregoing clauses shall be construed both as to objects and pwers, and It is hereby eX. pressly provided that the foregoing enumer- ation of specific powers shall not he held t0 limit or restrict ill any manner the powers Ot the corporation.
 Tn general to carry on any other business in connection with the foregoing, whether manuf- turing or otherwise, and to have and to ex- ercise all the powers conferred by the laws Of the state ot New Dersey upon corporations formed under the act hereinbefore referred to.
 ARTICLE H. Tue to total authorized cap ital stock Of this Company IS one million, five hundred thousand dollars (Sl,500,00J, divided into fifteen thousand ft5,010) shares of the par value Of one hundred dollars (Sl0Ol each. A holder of stock shall be entitled 10 cast one vote, either ill person or proxy. for each share 0f stock held by him, The stockholders shall be entitled to receive from the surplus or net profits from the business of the Company dividends in such amount as shall be deter mined from time to time. by the Board Of Di- rectors.
 The amount of stock with which the Com pony win begin business is three thousand dollars, $3,00O), being thirty l30) shares of the par value of one hundred dollars tSl00 each.
 FOURTH. The management and control of the business, property and affairs of the Corporation shall be vested in and shall be conducted by a Board of Directors of not less than three members, as fixed by the By Laws, who shall be elected at the au- nual meeting of stockholders, except the first Board which shall be chosen at a meeting of the incorpOratOrs duly called for and held in accordance with law. Ire officers of the company shall consist of d President, Vice. President, Secretary, Assistant Secretary, Treas urer, Assistant Treasurer, General Manager aud such other officers as the Board of Directors may deem exped- ient. Both the officers aud directors shall hold their offices for the period of one year from and after their elec- tion and qualification and until their successors are elected and qualified, unless sooner removed by the Board of Directors Ina unanohnrc nf the