The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1909-08-02

Roswell, New Mexico, and J. L. How
ell and W.. c. Lawrence OF Lake Ar.
thur, New Mexico.
w.
The objects or purposes for which
the said corporation Is formed are to
buy and sell and mortgage real estate
and oil aid gas claims: to prospect
for oil and gas; drill oil and gas wells
develop oil and gas lands; to hay and
construct pipe lines; to refine and
manufacture oil and its by-products;
to lay out townsites, and to buy and
sell lots n blocks therein; to bor-
row and loan money; to sell, exchange,
lease or otherwise deal in or dispose
of all or my property real or personal,
acting by. through, or under the au-
thority and discretion of tbs directors
for the time being of said company.
and on such terms and for such con
sideration as the directors may deem
best, with power to receive in pay
ment therefor any property, money,
personal securities, lands, or shares
of capital stock or bonds of any 9TH
er corporation or corporations which
may be lawfully held by said Com
pany; and to carry on any bust
ness which the directors may find
conducive to the development of any
property or business in which said
company is or may be interested.
v.
The amount of the capital stock o:
said company shall be Five Hundred
Thousand Dollars $500, O0O) divided
into five hundred thousand shares of
the par value of One Dollar ($1.O0)
each. and such shares of stock shall
be fun paid and worcestershire. The
directors may purchase any property
necessary for the business of said
company n Issue stock to the
amount of the value thereof in pay
ment therefor, and the stock so is
| sued be declared and taken to be full
paid and non-assessabl stock and not
liable to any further calls, nor shall
the holders thereof be liable to any
further payments under the Statutes
of this Territory, and the judgment
and discretion of the directors of said
company in all matters pertaining to
the issue of said stock shall be con
elusive for all purposes.
| vi.
| The moun of capital stock sub
| scribed and with which the Company
| will commence business is Two Thou
| sand Five Hundred Dollars, ($2,500.)
VII.
The names and post Office addresses
| of the ~incorporators and the number
| of shares subscribed for bv each are
as follows:
H. J. Hagerman. Roswell, n. NJ,
Five Hundred Shares.
w. c. Reid, Roswell, n. NJ, Five
| Hundred shares.
w. c. Lawrence. Lake Arthur, n.
NJ, Five Hundred Shares.
Edgar Calfee, Roswell. n. NJ, Five
Hundred Shares.
J. l.. Howell, Lake Arthur. n. NJ,
Five Hundred Shares.
VIII.
The term of the existence of this
company shall he fifty years from the
date of the filing of this certificate
with the Secretary Of the Territory OF
| New Mexico.
The directors of said shall
have the power to make such pru-
Dental bylaws as they deem proper
for the management and disposition
of the stock and business affairs oil
the company and its operations not
inconsistent with the laws of the Ter.
| ritory of New Mexico, and prescribing
| the duties of its officers and servants
for the appointment of ali officers,
and for carrying on all kinds of bust.
ness within he objects and purpos.
es of the company, which bylaws may
be revoked. added to or amended by
the said Directors in a manner II be
provided in said bylaws.
IN TIES TIMONY WHEREOF, We,
the incorporators aforesaid have here
unto set our hands and seals this 18th
day of June in the year One Tnous-
and nine hundred and nine
(Signed)
H.. j. HAGERMAN.
w. c. REID.
EDGAR CALFEE.