The Socorro chieftain. [volume] (Socorro, N.M.) 1902-1959, 1908-01-18

Il
have one 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
places as may, from time to time,
be designated by them.
To determine from time to
time, whether, and, if allowed,
under what conditions and regu-
latious the accounts and books of
the corporation shall be open to
the inspection OF the StockhoId-
erS, and the stockholders rights
IN this respect are and shall be
restricted or limited accordingly;
and no stockholders shall have
any right to inspect any account
or book or document of the cor.
poration, except as conferred by
statute or authorized by the
board of directors or by a .resolu-
tion of the stockholders.
To make, alter, amend and re-
Scind the bylaws of the corpora
tion. To 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 determine and direct
the use and disposition of any
surplus or net profits, and to
authorize and cause to be execut-
ed mortgages aud liens upon the
real and personal property of the
corporation, provided always that
a majority of the whole board
concur therein.
Pursuant to the affirmative of
the holders of a majority of the
stock issued and outstanding, at
a stockholders meeting duly con-
veued, to sell, assign, transfer or
otherwise dispose of the proper
ty including the franchises of
the corporation as an entirety,
provided always that a majority
of the whole board concur there
in.
The board of directors shall,
except as otherwise provided by
law, have power to set in the fol-
lowing manner, viz: a resolution
in writing, signed as affirmatively
approved by all the members of
the board of directors, and there
after with original or with dup
licate signatures inserted in the
recorded minutes and properly
dated, shall be deemed to be ac-
tion by such board, as the case
may be, to the extent therein
expressed, with the same force
and effect as if the same had
been duly passed by the same
vote at regularly convened
meeting.
Subject to the foregoing pro-
visions the bylaws may pre-
scribe the number of directors to
constitute quorum at their
meeting and such number may
be less than majority of the
whole number.
The corporation reserves the
right to amend, alter, change or
repeal any provisions contained
in this certificate in the manner
now or hereinafter prescribed by
statute of the amendment of the
certificate of incorporation.
In witness whereof, we have
hereunto set our hands and seals
this the 1lth day of January, A.
ID. 1908.
(Signed)
Holm o. Bursum (Seal
William ID. Newcomb (SeaD
Lulu NJ. Bursum (SealD
Territory of New Mexico -.
County of Socorro. %
Personally appeared before me
the undersigned authority, Holm
o. Bursum, William ID. New
comb, and Lulu NJ. Bursum, all
we'll and personally known to me
to be the same persons who eY-
ecuted the above and foregoing
instrument in writing and they
each acknowledged to me that
they sealed, signed and executed
the same as their free act and
deed for the uses and purposes
therein set forth.
Witness my hand and official
seal this the 1lth day of January,
A. ID. 1908.
(Signed) w. Y. White,
Notary Public, (SeaD
Term expires July 11th, 1911.
Endorsed
No. 1924. Cor. Reed. Vol. 5
Page 518.
CERTIFICATE or INCORPORATION
OF THE RIO GRANDR SUPPLY
COMPANY.
Filed in Office of Secretary of
New Mexico Ian. Is, 1908, ? p.
III.