Albuquerque evening citizen. [volume] (Albuquerque, N.M.) 1905-1907, 1905-12-06

option or the corporation, 10 secure
the same by mortgage, pledge, deed
of trust or otherwise.
Acquire. hold, use, sell, assign, lease,
grant licenses in respect of, mortgage,
or otherwise dispose Of letters patent
of the United States or any foreign
country, patents, patent rights. H.
censes and privileges, inventions, i'm
%provements and processes, trade.
marks and trade names, relating to
or useful in connection with any bust
ness of the corporation.
Hold, purchase or otherwise acquire,
sell. assign, transfer, mortgage, pledge
or otherwise dispose of shares of the
capital stock and bonds, debentures
or other evidences of Indebtedness
created by other corporation or cor
%porations. and while the holder there
of, exercise all the rights and priv
ileges of ownership, including the
right to vote thereon.
Purchase. hold and reissue the
shares of its capital stock. its bonds
or other securities.
Remunerate any person or corpora
ton for services rendered, or TO be
rendered, in placing or assisting to
place or guaranteeing the placing or
underwriting of any of the shares of
stock of the corporation. or any de-
bentures, bonds or other securities
of the corporation, or in or about the
formation or promotion of the cor
poration, or in the conduct of its
business.
with a view to the working and
development of the properties of the
corporation, and to effectuate, directly
or indirectly, its objects and purposes,
or any of them, the corporation may,
in the discretion of the directors.
from time to time, carry on any law
full business, manufacturing or other
wise, to any extent and in any man.
ner not unlawful.
The corporation may conduct bust
ness in the territory of New Mexico
and elsewhere, including any of the
states, territories, colonies or depen-
denotes of the United States. the Dis
trict of Columbia, and any and all
foreign countries, have one or more
Offices therein, and therein to hold,
purchase, mortgage and convey real
and personal property, except as and
when forbidden by local laws.
The foregoing clauses shall be con
strued both as objects and powers, but
no recitation. expression or declara-
ton of specific or special powers OF
purposes herein enumerated shall be
oeemed to be exclusive; but 1t is
hereby expressly declared that all
other lawful powers not inconsistent
Herewith are hereby included.
Capital Authorized.
w. The corporation Is authorized
to issue capital stock to the extent OF
One Hundred Thousand C$100, 600 00)
Dollars, divided into ten thousand
100000 shares, of the par value OF
ten ($10) Dollars each.
OF said stock, five thousand $4,000
shares shall be preferred stock, and
the balance FIVE thousand $4,000
shares shall be common stock.
Said preferred stock may be issued
as and when the board OF directors
shall determine and shall entitle the
holder thereof to receive u of the
net earnings, the corporation shall be
bound to pay a fixed accumulative
dividend at the rate of but not ex
ceeding seven CD per centum pei
annum, payable on the first day Of
December of each year, beginning
A. D. 1906, before any dividend shall
NC otk aBhi l Oh iht common DNcNh
provided, however, that whenever q
dividend is paid on the preferred
stock the directors shall have power
in their discretion to declare and pay
a dividend for a like period on the
common stock.
The holders of preferred stock shall
in case of liquidation or dissolution
of the corporation before any amount
| gIn1I no nagI a. d. hA1lARn - a.
general or common stock, be entitled
TO be paid in full.
Such preferred stock. at the discre
ton of the company, shall be subject
to redemption at par on December l.
1911, or on any dividend day there
after.
The stockholders of preferred stock
shall not be entitled to vote at any
stockholders meeting, but the right
to vote as provided by law is expressly
reserved as registered holders OF
common stock.
Capital Subscribed.
V. The capital stock with which
tine corporation will commence bust
ness is subscribed by the incorpor
ators as follows:
Name No. OF Shares Amount
Common stock
Samuel Laird Ash 1870. .. 81, 10000
=. K. Matson ....,... TO-, 10000
w, w. Wade ,.....,. TO-. 10000
J, 200 100000
The postoffice address of each o.
the in~corporators Is 1T West Cole
Avenue, Albuquerque, New Mexico.
Limitation on Stockholders Power t.
Examine Stock and Transfer
Books.
vi. The corporation shall keep a
its registered office in this TeIrltor!
the transfer books, in which the trans
fers of stock shall be registered, ant
the stock books, which shall contain
the names and addresses of stockhold
ers and the number of shares held b.
them respectively, which shall at al
times during the usual hours of bus
n ness be open to the inspection of
n stakeholder in person with respect I
his interest as such stakeholder, o
/. Tor n purpose germane 10 his statu
as such, upon application in writin
TO the registered agent of the cOrpOl
alton in charge Of such office an
q having the custody OF said books; bu
the registered agent may refuse pc.
mission TO any stakeholder TO e.
anime the same (eXcept as TO entire
affecting the shares owned by sue
stOckhOlderD, unless and until sati
fled that such examination and m
q information "a be acquired thereby al
a for a legitimate purpose and not +,