Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1907-12-04


Issue bends. dsbentnrcs of obligations o.
the corporation, and a. the option Of the
corpora ton. to secure The same by mortr
gage. pledge. deed Of trust pr otherwise.
Acquire. hold, use, sell assign, lease,
grant licenses in respect uf, mortgage, or
otherwise dispose Of letters patent OF the
United states or any Foreign country pat
ents. pstent rights. licenses and privileges
Inventions. Improvement and processes.
trademarks and trade names relating TO
or useful In connection with any business
OF the corporation.
Hold. purchase or otherwise acquire. sell
assign. transfer. mortgage pledge OF other
wise dispose Of shares uf the capital stock
and bonds. debentures or other evidences
uf Indebtedness created by other corpora
ton or corporations, anu while the holder
thereof. exercise all the rights and priVi-
leges OF ownership, including the right to
vote thereon.
its capital stock, us bonds coz other secu-
rites.
Remunerate any person or corporation tor
services rendered, or 90 be rendered, in
placing or assisting in place er guaranteeing
the placing or underN riding ~ any OF the
shares Of stock Of the corporation, or any
debentures. bonds or other securities OF the
corporation. or IN or about the formation or
promotion OF the corporation or in ths con-
duet OF its business.
with a view to The WORKING and de,ei-
NFNAtNh Nt nv Nifl'At I'VE N NNa N0A lNA AAA'h-
and to cnectuate. directly nr Indirectly, 'us
objects and purposes, or any OF them. the.
corporation may IN the discretion % me
directors. from time 20 lime cary on any
other lawful business manufacturing or
otherwise, to any extent and In any man
Nor not unlawful
The corporation may conduct business
in the Territory Of New Mexico and elese-
where. including any 81 The states. terri
Dries. colonies or dependirics &C the United
states, the District OF Columbia aud any
and all foreign countries, have one or more
offices therein. and therein 10 hold. pur-
chase. mortgage and convey real and per
sonal property. except as and when tofhlu-
den by local laws.
The foregoing clauses shall te construed
both as objects and powers. but no recita-
ton. expression or declaration ~ specific or
special powers or purposes herein enume-
rated shall be deemed TO he exclusive, but 10
II hereby expressly declared that al other
lawful powers not Inconsistent herewith
are hereby included
". The corporation Is authorized To is
sue capital stock to the extent 81 one hum
dred thousand dollars il00. 600 o0l, divided
into ono hundred thousand shares % the
par value Of one dollar each
v. The capital stock with which the
I corpora ton viii m business Is sub
scribed by the incorporators as follows;
Name. No. OF shares. Amount
} r Mclaughlin ts!9oo
Maynard Gunsul ,...l. 650 800. $50. 90
1000 $4,000
Wv sFNNNAfN' 49, 49, 80
corporations Is First street and Marble ave-
nue.. Albuqueraue New Mexico.
VI. The corporation shall keep at its
registered office Ia this Territory the trans
fer books. In which the transfers uf stock
shall be registered. aud the stock books.
which shall contain the names and address
es OF the stockholders and the number OF
shares held by them respectively. which
shall at all times during the usual hours
FOR business be open 10 the inspection or a
~stockhulder ia person with respect 60 his IN
terest as such stakeholder, or Tor a purpose
germano to his status as such. upon appli-
cation In writing to the registered agent OF
the corporation IN charge OF such Office and
having the custody OK said books; but the
registered agent may refuse permission 4"
any stockholder go examine the same ,eN
cept as to the entries affecting the shares
owned by such stackholderi. unless ana un-
III satisfied that such examination and the
Information TO be acquired therebg are for
a legitimate purpose and not Tor a purpose
hostile TO the interests % the corporation
or IT'S Individual stockholders. and the de
termination Of the registered agent shall be
anal, conclusive and binding upon an stock
holders and all persons claiming under such
stockholders
VII In furthersnce ana not in limita-
tlbn Of the powers conferred by statute.
the Board Of Directors are expressly au-
thurlzcd;
TO hold their meetings. 60 have ono or
more offices and Go keep the books ~ the
corporation within er. except as otherwise
provided by the statute. without the Terri
tory nf New Mexico. nt such places as may.
FROM time 10 time. be designated by them
To determine, ffom time to time. whether
and. n allowed, under what conditions ana
regulations the accounts and books of the
corporation shall Doe open 10 the inspection
Of the stockholders. aud the ~stockhnlders
rights in this respect are. and .iihil
Ice restricted or limited accordingly and nn|
stakeholder shall have any right e. Inspect
any account or book ur document uf the cor
p%nration. except as conferred By statute or
authorized by the board 81 directors or hy
n resolution Of the stockholders
To make. alter. amend and rcscind the hN
laws Of the corporation, 10 fix. determine
nom time TO time and vary the amount
TO be reserved as working capital Co deter
mine the times Tor the declaration and pay
ment and the amount ~ each dividend on
the stock. TO determine and direct the use
and disposition OF any surplus 81 net pro-
nts. and TO authorize and cause 90 hc oN-
ecuted mortgages and Hens upon the real
and personal property ~ the corporation
provided. always that a majority Of
the whole board concur therein
Pursuant 10 :he Affirmative vote Of the
holders Of q mcturity ~ the stock issued
and outstanding. at "a stockholders meet
ing duly convened. to sell. assign. tranHfor
or otherwise dispose ~ the property. includ
ing tho frafcsiscs - the corporation a. an
entirety. provided always that a majority
Of the whole Board concur therein.
To appoint additional officers of the cor
puration. Including one or more Vice presi
dents one or more assistant treasurer. and
one or more assistant sccretaries. and. Co.
the extent provided in Tho h~y-laNs the per-
sons 90 appointed shall have and may 81
crcise all the powers N the president "f
the treasurer and 81 The secretary res
pcctivcly provided however. that an vice
presidents shall De chosen from the di
rceturs.
BY a resolution passed by = majority
vote 90 the whole Board under suitable
provision u the Bylaws to designate Two
- more ~ their number a. constitute au
Executive. Committee. which committee
shall. Tor the time being as provided In said
resolution. or lm the bylaws. have and or
ercise any o. all fhe powers 81 TIE Board
u Directors. which may be lawfully dele
gated. in the mana cement ~ The business
and affairs ~ the corporation. and shall
have power e. authrrize the seal % the
curpurafin o. De AIMED 20 all papers
which may reaaire o.
The lizard - Directors and the Etscu-
tive shall except a. otHerUlff
provided BY iaw have power Co. nrt lu
the following manner viz q resolution
ln writing signed aH a~nlrmauNelY approved
by an the member 90 the Board of u
rerturs or hY all the members Of TIE e.
ecutivc or other mmit ami thfrcHf-
ter with original nr with duplicated sigma
lures inserted On thn nccnrdcd minutes and
properly dated shall hr deemed - Gee artIun
BY such Buard 90 such Committee. o. ihF
case NAV De-. 20 tnr extent therein eNrres