Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-06-13

G NOTICES.

be not less than three. nor more than
nine. us the stockholders may by the
bylaws direct. and the names and
residences of the Directors who are
appointed for the first three months
are:
Andrews A. Jones, Las Vegas, n. M.
James d. Hand, Los Alamos, n. NJ.
Harvey b. Ferguson, Albuquerque.
n. M.
James G. Fitch, Socorro, n. NJ,
owen n. Marion, Albuqucrquc, y.
NJ.
VIII.
In %furtherance and not in I'm
itation of the powers conferred by
statute. the Board Of Directors are
authorized:
TO hold their meetings. to have
one or more offices, and to keep the
books of the corporation within or
except as otherwise provided by stat
ute, 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 regulations the accounts
and books of the corporation shall be
open to the inspection Of the stock
holders, and the Stockholders rights
IN this respect are and shall be re-
stricted and limited accordingly, and
no stakeholder shall have any right
to inspect any account or book or
document of the corporation, except
as conferred by statute or authorized
by the Board OF Directors, or by a
resolution Of the stockholders.
To make, alter, amend and rescind
A. d. 4 a nc ~ tho Aaa.a so ~ tn
fix, determine from time to time and
vary the amount to be reserved as
working capital, to determine the
times for the declaration and pay
ment and the amount of each dtyi-
dend on the stock. to determine n
direct the use and disposition of any
surplus or net profits, and to author
ize and cause to be executed, mort
cages and liens upon the real and
personal property of the corporation,
provided always that q majority of
the whole Board concur therein.
Pursuant to the affirmative vote
of the holders of a majority Of the
stock issued and outstanding,
at a stockholders meeting duly
convened, to sell, assign, transfer and
otherwise dispose of the property. in
GLIDING the franchise of the corpora
ton as an entirety, provided, al
ways, that a majority of the whole
Board concur therein.
To appoint additional officers of
the corporation, including one or
more Vice Presidents, one or more
Assistant Trcasurers n or more
Assistant Secretaries; and, to the cX-
tent provided in the Bylaws, the
persons so appointed shall have and
may exercise all of the powers OF
the President, of the Treasurer and
OF the Secretary, respectively, pro-
vided, however. that all Vice Presl-
dents shall be chosen from the al
cctor
Bv resolution passed by Il majority
vote Of the whole Board, under suit
able provision of the Bylaws to
designate two or more of their mum
Der to constitute an executive com
mittee.s which committee shall, Tor
the time being, as provided IN
said resolution, or in the Bylaws,
have and exercise any and all powers
of the Board of Directors, which
NAV be lawfully delegated, in the
management Of the business al
fairs of the corporation, and shall
have power to Authorize the seal OF
the corporation to be affixed TO all
papers which may require 1t.
The Board of Directors and the
Executive Committee shall. except as
otherwise provided by law, have
power to act in the following man
ner, viz: A resolution in writing
signed as affirmatively approved by
all the members of the Board OF Di-
rectors, or by all the members Of the
executive or other committee. n
thereafter with original OF with dup
Heated signatures inserted in the re-
corded minutes and properly dated,
shall be deemed TO be action by such
Board or such committee, as the
case may be. TO the extent therein
expressed, with the same force ana
effect as II the same had been duly
passed by the same vote at a reBular
convened meeting.
Subject to the foregoing provisions
the Bylaws may prescribe the mum
her of Directors TO constitute n
quorum at their meetings and such
number may be less than a majority
Of the whole number.
The corporation reserves h rlght
to amend, alter. change or repeal any
provision contained in this certificate
In the now or hereafter pre-
scribed by statute for the amend
ment Of the certificate OF incorpola-
ton.
IN WITNESS WHEREOF. We
have hereunto set our hands and seals
this 22nd day OF May. 1903.
Csigned) Andrews A.. Jones tseaD