Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-11-29
LEGAL NOTICES

II0rL wv
c7T17TaTI01 NAV in the discretion Of the
directors. from time to time, carry on any
other lawful business, manutactufing OF
otherwise, 10 any extent and In any man
ner not unlawful
The corporation may conduct business IN
the Territory ~ New Mexico and ~isewher
Including any uf the states, territories cor
5nies m dependencies of the United states,
the District OF Columbia. and any and an
foreign countries. have one OF more otIices
therein. and therein to hold. purchase;
MORTGAGE and convey real and personal
property. except as ana when forbidden oy
local laws.
tion. expression or declaration Of specific
ar special powers or purposes hereln eMu-
merated shall be deemed 70 pc eAeiusily
but il is hereby expressly declared that an
other lawful powers not inconsistent there-
with are hereby included.
Capital Authorized.
". The Cooperation Is authorized to
issue capital stock TO the extent OF Eignt
value Of Ten $1,000 Dollars each.
The number Of directors Of the company
shall be fixed from time to time py me by
laws. but the number If fixed at more
than three. shall be some multiple OF three
The directors shall be classified with re
spect 10 the time for which they shall re
spectively hold office by dividing them lnl9
three classes. each consisting Or one-lhllu
Of the whole number OF the board OF dlfec,
tors. The directors Of the first class shail
be elected for a term Of one year; the az
Feeturs OF the second class Tor a tciAA Y.
two years; and the directors of the thlrn
class for a term Of three years and at
each annual election the successors 70 lne
class Of directors whose term shAll eA
plre in that year shall be elected % hold
office for the term Of three years, 50 that
the term OF office Of one class OF directors
shall expire IN each year.
The number Of the directors may pc IN
creased as may be provided in the bylaws.
IN case Of any Increase in the number OF
directors the additional directors shan De
elected as may be provided in the bylaws
an annual or special meeting; and one-
third OF their number shall be elected FOR
Of the directors Of the first class, one,
third Of their number for the unexpired
portion Of the term Of the directors oil tne
second class, and one-third OF their num-
her for the unexpired portion of the term
II the directors OF the third class, So thai
each class q directors shan be increased
The duration Of the corporation shall be
fifty years.
Capital subscribed.
". The capital stock with which the
corporation win m business is sub
scribed by the incorporates as follows:
L. " Dobson .....,.... So $4,000
A. A. Keen ............ 80 s99Vvy
!. b.. Koch ...-.....-.. 80 S2VVuN
$1,000. 90
The postoffice address of each Of the in
is Albuquerque. New Mexico.
Limitation IN stockholders Power TO EN-
anime SkOfk anu lEduNltf uth
vi The corporation shall keep At us
registered office in this Territory the trans
fer books. in which the transfers OF stock
shall be registered. and the stock BOOKS
which shall contain the names and ad-
dresses Of the stockholders and the mum
her OF shares held by them respectively.
which shall at all times during the usual
hours for business be open to the lnspec-
ton Of a stakeholder in person WIN re-
spect To his interest as such stockholder or
for a purpose germane to his status as sucn'
upon application In writing to the regis
tered agent Of the corporation in charge
If such office and having the custody q
said books: but the registered agent may
permission To any stockholder 70 sN-
anime the same Except IS 10 the enttlss
affecting the shares owned by such stock
holder), unless and until satisfied that such
examination and the Information 70 be ac-
aJired thereby are for a legitimate pur-
pose and not for a purpose hostile 70 ne
Of the corporation or its indi-
xiauai stockhoiders. and the determination
Of the registered agent shall be fiilah CON
elusive and binding upon all stockhoidsfs
and all persons claiming under such STOCK
Regulations Respecting Directors.
VII In furtherance and not IN limita-
ton Of the powers conferred by statpte; I1e
Board Of Directors are expressly authorized;
To hold their meetings. g have one q
more offices. and to keep the books OF me
within or, except as Otherwise
by statute, without the Terrltgry
Of New Mexico, at such places as may
from time TO time. be designated by them
To determine. from time to time. MhetheI
and II allowed. under what conditions and
regulations the accounts and books Of the
shall be open TO the inspection
Of the stockholders. and the ~stockholdefs
in this respect are and shah pc re-
stricfed or limited accordingly, and Nc
stakeholder shalt have any right 20 lhspe't
any account Or book OF aocealeht ~ rt H.
corporation, except as conferred by statute
or authorized by the Board Of Directors or
1y a resolution Of the stockholders
To make, alter, amend ana rescihd VIC
bylaws of the corporation, 10 fix, deter
mine. from time 10 time and vary the
amount to be reserved as working capital, /
b.. dafarrnfna the times for the narlnratfur, /
payment and the amount Of each divi-
lend on the stock, 70 determine and direct
the use and disposition u any surplus or
profits. and to authorize and cause 70
be executed mortgages and liens upon the
and personal property Of the corpora
lion. provided always that q majority Of
The whole Board concur therein.
Pursuant 20 the affirmative vote Of the
holders ~ a majority Of the stock issued
and outstanding. at q stockholders meet
ng duly convened, 70 sell assign, transfer i
m otherwise dispose Of the property, in
an entirety, provided always that a major
rs Of the whole Board concur therein.
To appoint additional officers Of the cor
including one or more Vice-presi- \
dents. one OF more assistant treasurers, and
one or more assistant secretaries. and TO
extent provided IN the bylaws the
persons So appointed shall have and may
exercise an the powers Of the president Of
the treasurer and ot the secretary resPec-
lively, provided, however. that all vice.
presidents shall be chosen from the d.
'ectors.
BY a resolution passed by a majority vote
n the whole Board, under suitable provi-
Of the bylaws to designate two M
more ~ their number TO constitute an Ex-
acutiVe Committee, which mmitt shall,
Tor the time being. as provided in said res
llution. or in the bylaws, have and eN-
srcise any or all the powers Of the Board
If Directors. which may be lawfully dele
gated. in the management az the business
affairs Of the corporation. and shall
have power 20 authorize the seal n the
corporation 90 be affixed TO all papers
which may require IT,
The Board Of Directors and the Execu-
Committee shall. except as otherwise
provided by law, have power 10 act in the
ollowing manner. viz. a resolution in writ
ne, signed as affirnatively approved by
the members OF the Board ~ Directors
n by all the members q the Executive or
lther Committee, and thereafter with orig
nal or with duplicated signatures inserted 1
IN the recorded minutes and properly dated,
hall be deemed to be action by such Board
~ such Committee. as the case may be, TO
lac extent therein expressed. vita the same