Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-06-02
G NOTICES.

To the same extent as natural per-
sons might or could do, to purchase
q otherwise acquire, to ho!d, OWL,
maintain, work, develop, sell. con-
vey, mortgage or otherwise dispose
of, without limit as to amount, with
in or without the Territory of New
Mexico. and in any part of the world,
real estate and real property, ana
any interest and rights thoiein; and
also to acquire, improve by conduct
ing water thereon and otherwise,
agricultural lands and dispose of the
same; to establish and lay out towns
and town sites and improve the
same and dispose of or lease the lots
therein.
To buy or otherwise acquire, to
hold, own, mortgage, pledge, sell, as
sign and transfer, or otherwise dis
pose of, and to invest, trade in and
deal in any goods, wares, merchan-
disc and property of every class ana
description, including patents and
patent-rights, inventions or improve
ments, trademarks, options, shares
or rights in corporations, real proper
ty of any description. including
mines, railroads and also bonds,
mortgages. securities of any kind or
description or Other evidences of in
debtcdness and investment or in
restment securities of any Kind or
description whatever, or 70 act as
the agent for the sale or purchase Of
any of the same, or for n other
purpose connected with any of the
said above described powers; to pro-
mote corporations or enterprises OF
any character. including industrial
enterprises, railroads, mines, real cs-
tate companies, banking institutions
and all businesses or enterprises OF
any character, and to own and oper-
- To- ~, .A. 49, - aid in
any manne any corporation or en-
terprise in which the Company is in
tercsted; to endorse, underWrite or
guarantee the stock, securities or un-
dertaking of any corporation or per-
sons.
with a view to the working and
development of the properties of the
Corporation, and to effectuate, di-
rectly or Indirectly, its objects and
purposes, or any of them, the cor
poration may, in the discretion Of
the directors, executive committee or
officers, from time to time carry on
any other lawful business, manufac-
turing or otherwise, to any extent
and in any n not unlawful.
The corporation may conduct bust
ness in the Territory of New Mexico,
and elsewhere, including any Of the
states. Territories, Colonies or de-
tendencies of the United States, the
District 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
declaration of specific or special
powers or purposes herein enumer-
ated shall be deemed to be cXclu-
sive; but 1t it is hereby expressly de-
clared that all other lawful powers
not inconsistent Herewith are here
by included. d..
". The corporation is authorized
to issue capital stock to the extent Oh
six million dollars CSC. 600, 100000 ;
Three Million Dollars $4,000, 100000
to be common stock divided into
thirty thousand GO, 000) shares Of
the par value Of One Hundred Dol
lars ($i00.O0) each; Three Million
Dollars ($3, 600, 100000 to be Pre-
ferred stock divided into thirty thou
sand Co., 900 shares of the par value
Of one Hundred Dollars E1O0.0O)
each; all Common and Preferred
Stock shall be worcestershire.
A.-The common stock shall con-
troll the corporation, elect the Off
GERS of the corporation. declare all
dividends and be supreme in the con-
duet of the affairs and management
of the corporation.
Common stock issued shall be paid
for in cash, real n personal proper
ty. stocks and bonds of other corpor-
atoms, mortgages, franchises. water
rights or properly secured evidences
Of indebtedness, all common stock
MOI actually issued shall be con-
sidered as in the Treasury and shall
not be entitled to a vote.
The common stock Of the corpora
ton nav be issued to retire the pre-
ferred stock outstanding, only, how
ever, when duly authorized by a ma
iority vote of the issued and out
standing ommon stock IN a stock
holders meeting lawfully called and
assembled,
B.-The preferred stock of the
corporation shall be n~on-voting;
shall be il preferred lion on the as
sets of the corporation after the
operating expenses have been paid;
shall be guaranteed 6 per cent annual
income payable s"emi-annually on the
first day of January and July Of each
year after issue which guaranteed IN
ONE. shall he cumulative; shall BE-
subject to call at par, accumulated
interest and Is per cent at any IN
terest period five 60 years from
uftAn fl l%NiIN III lllf1IIAAF Oh AAfA 49,
paid for i'm cash. real and personal
property, stocks and bonds OF othel
corporations. mortgages, franchises
or water rights n may be issued TO
collatcrally secure the indebtedness
of the corporation.
The preferred etooh may partici-
pate in declared dividends OF the cor
tion in any ratio, when, n II
authorized by q majority OF the IS
sued common stock in regular or
special meeting lawfully assembled;
any condition or provision 50 author
lied shall apply TO all of the pre-
ferred stock, and shall not be altered
r changed while any portion thereof
IL outstanding. without the written
consent of the II Of all issued
preferred shares.
rhe common capital stock with
which the corporation will commence
business is subscribed by the incor-
porators as follows:
No. Of
Name. shares. Amount
August w. Hoffman,. 10 xlOOO-VO
Ed. w. Shut ....-... 10 xlVVV.VV
John 6. Thomson .... 10 S1VVV-VV
Louis G. Allcrsmeycr.. 10 $lOVp-O0
The ~postoffice address OF each Of
the i-ncorporators is Albuquerque, New
Mexico.
VI. The corporation shall keep at
its registered office in this Territory
one copy OF the Transfer Books
which copy shall be deemed an origl-
nal. in which the transfers 81 stock
shall be registered. and the stock
names and addresses of the stock
49, aud fha uamher Of shares