Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-08-24

firm. association or corporation in
cash. stock of this corporation or
with its bonds or with the stock or
bonds of other corporations, persons
firms or other associations, or with
other property or otherwise.
Q. To hold. purchase or otherwise
acquire. sell. assign, transfer, mort
gage. pledge or otherwise dispose of,
shares of the capital stock, bonds or
other evidences of Indebtedness Great
ed by any other corporation or cor
porations. and while the holder OF
such stock, to exercise all rights and
privileges of ownership including the
rights to vote thereon. to the same
extent that a natural person might do
or could do.
f. To guarantee the payment of the
PRINCIPAL or the dividend or the in
terest ON any shares, stocks, depent-
ures or other securities issued by or
any other contract or obligation OF
any corporation, whenever proper or
necessary for the business of THIS
corporation or any part thereof, as
herein mentioned and specified in the
opinion of its Board of Directors or
the Executive Committee hereof.
e.. To make, enter into and exc
cute contracts of every kin n
character, sealed and unsealed, with
individuals, firms, associations n
corporations, private, public ana mu-
n%icipal. and bodies polite and with
the Government of the United States
and with any State or Territory.
h. To do each and every thing
necessary, suitable or proper for the
accomplishment of any of the pur
poses or the attainment of any n or
more of the objects herein enumer-
ated, or which at any time shall APP
pear conductive or eXpedlent Tor the
protection or the benefit of this cor
poration, either as holders of, or in
! crested in. any of this property; 1t
being the intention that the objects.
rpo and powers specified, and
the clauses contained in this para
graph or his instrument shall, except
when otherwise expressly stated
therein. be in no wise limited or re-
stricted by reference to. or inference
from. the terms of any other clause
of this or any other paragraph or
this instrument, but that the objects,
purposes and powers specified in each
Of the clauses specified in the para
graph shall be regarded as ~independ-
ent objects, purposes and powers.
w.
The amount of h total authorized
capital stock of this corporation is
Five Hundred Thousand Doliars
| (S5O0, 900. 00). which said stock is di-
vided into one hundred thousand
600, 000l shares. Of the par value OF
Five Dollars $4,000 each.
V.
The names and postoffice addresses
of the incorporators, n the lumber
of shares of stock subscribed for by
each. is as follows:
Edwin T.. Forstall, Phoenix, Ariz.,
on Hundred N%inety-nine.
Jay w. McRae, Albuquerque, New
Mex. One Hundred N~inetV-nine.
Francis e.. Wood, Albuquerque.
New Mex. Two.
The aggregate of which is Two
Thousand Dollars ($2.000.00) and is
the amount of the capital stock with
which this corporation shall com
mence business.
The time for which this corpora
ton is to exist is fifty years from and
after its Incorporation.
VII.
The number Of it's Directors shall be
/ not less than three nor more than
fifteen, as the stockholders may by
the bylaws direct, and the names and
residences of the Directors h are
appointed for the first three months
are:
Edwin e.. Forstall, Phoenix, Ariz.
Jay w. McRae, Albuquerque, New
Mex.
Francis +. Wood, Albuquerque New
Mex.
Full power and authority to man.
age the company with it's business and
affairs. is conferred upon the Board
Of directors. and the Officers to be
chosen by them, subject however and
pursuant to such bylaws as n pc
adopted by the stockholders of said
Company. and the stockholders may
confer upon the Board of Directors
authority to make or alter bylaws In
their discretion.
In Witness Whereof, we have here
INTO set our hands and seals this
tenth day of August, 1910.
(Signed)
EDWIN e. FORSTALL. (seal)
JAY w. McRAE. (Seal)
FRANCIS f. WOOD. (Seal.)
Territory of New Mexico,
County of Bernalillo.-ss
on this tenth day of August, 1917
before me personally appeared Edwin
e. Forstall, jay w. McRae and a
els T.. Wood. to me known to be the
same persons described in and who
/ executed the foregoing instrument,
and each acknowledged 70 me that
he executed the same as his free act
and deed.
In Witness Whereof, I have hereun-
To SET my hand and affixed my seal
the day and year last above writ
ten.
(Signed) E. l.
CSeaO Notary Public.
Bernalillo County, New MeNlco'
Nv commission expires Aug. 3.l9l3.
ENDORSED
No. $500.
Cor. Reed. Vol. 8, Page 81
Articles of Incorporation
of
/ COOPERATIVE INSURANCE UN-
WRITER'S
Filed i'm office of Secretary OF New
Mexico. Aug. IL, 1910; ? p. m.
NATHAN JAFFA, Secretary
| Compared CFK TO 10.
Territory of New Mexico
office Of the Secretary.
CERTIFICATE OF COMPARISON.
/. Nathan Jaffa. Secretary OF the
Territory Of New Mexico, do hereby
| certify that there was filed for rec
ord in this office at two o'clock p. M
on the twelfth day Of August. A. d:
1910: Certificate of stockholders
Non-Liabiiity of COOPERATIVE IN
SURANCE UNDERWRITERS GO.
|. $3.50. And also. that ] have COM
/ mo- rod tho following COPY oil the same,