Sierra County advocate., 1906-06-22

AIpA DdicNui, WHcsc VcStouiCc hu
dress is Datil. S~corro County, New
Mexico, thirty (30) shares. amour ting
To the sum Of TIL go Thousa nd (S5 ,OOO. .0O)
Dollars; Anna Baldwin, whose post.
Office is EngIe, Sierra County, New
Mexico, Twenty-nine (29l shares, amount
ing TO- the sum of Two Thousand Nine
Hundred (S2900.O0) Dollars; and N, A .
| Hilliard, whose postofIice address is
Engle, Sierra County, New Mexico, one
~ share. amounting TO the sum Of One
Hundred (Sl00.00) d. liars.
The period of the duration Of the cor
poration khall be fifty years.
Board Of Directors.
The board of directors for the fret
three months shall consist OF three in
number and shall be Fred Baldwin, An
ma Baldwin and N. A. iiilliard the in
corp ,ratOrs hei Gin.
Negotiations Respecting Directors.
In furtherance and not in limitation
of the powers conferred by statute. the
board OF directors are expressly author
ized
To hold their meetings, to have ore
or more Offices, and to keep the books OF
the corporation within or, except as
otherwise provided by statute, without
the territory of New Mexico, at such
place as may, from time to time be de-
sisnated by them.
70 determine, from lime to time,
whether, and, il allowed, under what
conditions an regulations the accounts
and books Of the corporation shall be
open to the inspection of the stockhold-
ers, and the stockholders rights in this
respect are and shall be restricted or linn
tied accordingly, and no stockholder
shall have any right to inspect any ac-
count or book or document OF the cor
poration, except ns conferred by statute
or authorized by the board Of directors
or by a resolution of the stockholders,
To make, alter, amend and rescind
the bylaws OF the corporation, t, fix,
determine, from time to time, and vary
the amount to be reserved as working
capital to determine the times for the
declaration and payment and the amount
OF each dividend on the stock, to de-
termine and direct the use and diapo-
sition Of any surplus or net profits, and
10 authorize and tanse to be executed
mortgages and liens up n the real and
property OF the corporation,
provided always that maj,rity OF the
whsle board concur therein.
Pursuant to the affirmative vote OF the |
holders Of q majority u the stock
Is.ued and outstanding, at q stockho'd-
ars' meeting duly convened. to sell, az
sign, transfer or otherwise dispose OF the
property, including the franchises ~ the
'orporation as an entirety, provided al
nays aata majority Of the Whole board
concur therein,
The board OF directors shall, except az
provided by law, have power
o net In the following manner, vlM
esolutlon In writing, signed ms aiiirma-
lively approved by all the members Of
he board Of directors, and thereafter with
rlgnal or with duplicate signatures in.
srted in the recorded minutes aud pro-
erly dated, shall be deemed 10 be action
y such board, az the casa may he, to
ne extent therein expressed, with the
ame force and effect az II tho same had
cen duly passed by the same vote at a
,gular convened meeting.
Subject to the foregoing provisions The
y-laws may prescribe the number Of
lrectors to constitute quorum at their
Getting and such number may be less
ian majority Of the whole number.
The corporation reserves the right to !
mend, alter, change or repeal any pro- )
sions contained In this certificate in ;
q manner now or hereafter prescribed
: statute OF the amendment Of the Ger. r
icate OF Incorporation
In Witness Whereof, We have here
ito get our hands and seals this 22nd :.
y OF May, A. d. 1900.
FRED BALDWIN [Sesl a
ANNA BALDWIN [Seall "
Mgs, N, A, HnMARp [Seall u
,v,forv ~ Naw Mavicc al