The oasis., 1905-01-21

deal with the same.
 To sell or issue all or any part Of its capital stock or any bonds, debentnres OF ptne1 ss eVlu, ances of fudehtedness authorized by lts Board s ntractors in navmeut for the good will, rights, business, personal property reai estate or leases thereon of any person, hrih ass9eia- tto,, or cor poration and the judgment Of its foa rd of Directors as to the value of such good will rights business, property. real estate or leases thereon, shall, in the absence oi fraud, be conclusive.
 To remunerate any person, persons or cor poration 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 Company's capital stock or any debenture bonds or other securities oi the Company, or in or about the formation O. promotion ot the Company, the selection and procurement or directors or the conduct of its business, upon such terms as the Board of Direct ors or Ex- ecutive Committee may determine and dlrect
 To cause or allow the legal tltle estate and interest in any property acquired. established or carried on by he Company, to remain or be vested or registered In the name Of 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 oi this Company, CT upon any other terms or cond- itions which the Boaad of Directors or Execnt. i've Committee may consider for the beneft Of this Company, and to manage the affairs ana take over the business Of such Company or Companies so formed or to be formed, eltner by ae quiring the shares, stocks, or other secur- lties thereof or otherwise h0wsoeVer, and to exersise all or any of the powers ot holders oI shares, stocks or securities thereof. and to re- eeive and distribute aS pronts the QlYlueHus and interests on such shares, stocks or secur- itieg.
 To guarantee the payment of dividends or interest on any shares, stocks, deDentures or other securities issned by or any other con- tract or obligation, of fanycorporation whenever proper or uccessa for the business ot this Company upon such terms and conditions and in such manner as may be prescribed by the Bylaws 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 warrants bonds, debentures, and 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 nsed in connection with or secured under Letters Patent Of the United states or elsewhere or otherwise and to use, exercise, develop, grant licenses in respect oi or other wise to turn to account any such trade-marks, patents, licenses, processes and the Ike, or any such property or rights
 To purchase, hold and reissue the shares of its capital stock. To conduct business ID any of the states, territories, colonies or depend. eacies Os the United States, in the district 0t Columbia, and in any and all foreign 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, bat always subject to local lows.
 To do any or all of the things herein set forth to the same extent as natural persons might or could do, and in any part Of the world.
 The foregoing clauses shall be construed both as to objects and pwerE, and it is hereby ex- presylv provided that the foregoing senumer- ation of specific powers shall not It held to limit or restrict in any manner the powers of the corporation
 In general to carry on any other business n connection with the foregoing, whether manut- turing or otherwise, and 10 have and to eX. ercise all the powers conferred by the laws Of the state oi New Jersey upon corporations formed under the acthereinbefore referred to.
 ARTICLE III, The to total authorized cap itai stock Of his Company Is one million, five hundred thousand dollars (Sl50O,OOJl, divided into fifteen thousand (l5,00O) shares of the par value of one hundred dollars l$l00l each. < holder Of stock shall be entitled to cast one vote, either III person or proxy. tor each share of 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 shall be deter mined from time to time, by the Board of Di- rectors.
 The amount of stock with which the Com pony wil begin business is three thousand dollars, SS,000), being thirty l30) shares of the par value of one hundred dollars sSlUOl each.
 FOURTH. The management and control of the business, property and affairs of the COVp pOration 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 an. nual meeting of stockholders, except the first Board which shall be chosen at meeting of the incorporators duly called for and held in accordance with law. Ire officers of the company shall consist of President, Vice-President, Secretary, Assistant Secretary, Treas. urer, Assistant Treasurer, General Manager and 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 cleo tion and qualification and until their successors are elected and qualified nnipSs snOnpr removed hV the B 1aF0