Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-08-06

\ 1871 49, - - EtN
of, mortgage or otherwise dispose Of
letters patent of the United States or
any foreign country: patents, patent
rights. licenses and privileges, in
%ventions. improvements and process
SEES. trademarks and trade names, re.
lating TO or useful in connection with
any business OF the corporation.
Hold. purchase. or otherwise ac-
quire, sell. assign. transfer. mortgage.
pledge, or otherwise dispose of shares
Of the capital stock and bonds, de-
bentures or other evidence of indebt-
edness created by other corporation
or corporations, and, while the holder
thereof, exercise all the rights and
privileges Of ownership, including
| the right to vote thereon.
Purchase. hold and REISSUE the
shares Of its capital stock, its bonds
| or other securities.
Remunerate any person or corpor-
| alton for services rendered, or to be
| rendered, in placing or assisting to
| place, or guaranteeing the placing or
! underwriting of any of the shares or
, stock of the corporation, or any de-
bentures. bonds, or other securities
of the corporation. or in or about the
formation or promotion OF the corpor-
alton or in the conduct of it's business.
To buy Or otherwise acquire, to
hold, own, mortgage, pledge, sell, as
sign and transfer or otherwise dis
pose of, n to invest, trade in and
deal in any goods, wares, merchandise
and property of every class n de-
scription, including patents and patent
rights. inventions or improvements,
trademarks. options, shares or rights
in corporations. real property of any
description. including mines, railroads,
and also bonds, mortgages, securities
of anv kind and description or other
evidences of Indebtedness. and invest
ment or Investment securities of any
kind or description whatever, or to
act as the agent for the sale or pur-
chase of any of the same, or for any
other purpose connected with any of
the said above described powers; to
promote corporations or enterprises
of any character, including Industrial
enterprises, railroads. mines. real es-
tate companies, banking institutions
and all business OF enterprises of any
character and to own or operate or
finance the same; TO aid in any man
ner any corporation or enterprise inJ
which the company is Interested; to
endores, underwrite. or guarantee theI
stock. securities or undertaking of
any corporation or persons.
With n view to the working and de-
velopment of the properties of the
corporation, and TO ef~fectuate, direct
" or Indirectly. its objects and pur-
poses. or any Of them, the cOrporation
may, in the discretion Of the directors,
executive committee or officers, from
time to time carry on any other law
full business, manufacturing or 9TH
to any extent and in any man
ner not unlawful.
The foregoing clauses shall he cen,
strued both as objects and powers,
but no recitation, expression, or dcc-
laratiOn of specific or special powers
or herein enumerated shall
no 1nnffnnIL - h. z~CIt,Cfun sI1,tf 10 fnl
hereby expressly declared that all 9TH
pr lawful powers not incon sistent
herewith are hereby included.
In furtherance and not in limita.
lion of the powers conferred by stat
ute. the board of directors are ex
Dresslv authorized:
To hold their meetings. to have one
Dr more offices. and TO keep books of
lhe corporation within or, except rs
otherwise provided by statute, 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. IL allowed, under what
conditions and regulations the ac-
counts and books of the corporation
shall be open to the inspection of the
stockholders. and the stockholders
rights I'm this respect are and shall
be restricted or limited accordingly,
md No stakeholder shall have any
to inspect any account or book
Or document of the corporation, ex-
'ept as conferred by statute or au-
.horized by the board of directors, or
q resolution Of the stockholders.
To make, alter. amend. rescind tae
of the corporation, TO fix,
determine from time to time and vary b.
he amount TO be reserved as working
'apital. to determine the times for
he declaration and payment and the
mount Of each dividend on the stock. 4.
o determine and direct the use and =
disposition OF any surplus or net prof.
Is, and to authorize and cause to be
'xecuted. mortgages and liens upon
real and personal property of the
corporation, provided always that n
majority of the whole board concur [
herein. '
Pursuant to the affirmative vote rf 4
he holders of a majority of the stock /
and outstanding at a stocks
meeting duly convened, to
he property, including the franchises x
Il the corporation as an entirety, pro-
'ided always that q majority of the .
Board concur therein.
To appoint additional officers of
he corporation, including one or /,
more vice-presidents, one nr more as 9
istant treasurers. and n or more as
iStdnl SetTelhTleSs ana 10 the extent
by the bylaws. the persons {
nay have and shall exercise all the :
lowers of the president, of the treas
lrer, and of the secretary, respect =
vely. provided, however, that all vice :
Presidents shall be chosen from the {
directors. :
BY a resolution passed by a MAJ
GRITTY vote OF the whole board, under 4
provision of the bylaws, to :
designate two or more of their NUM-
'er to constitute an Executive Com-
nittee, which committee shall for o
he time being, as provided in s1id
esolutlon. or in the bylaws. have =
nd exercise any or all powers OF the p
'oard of directors. which may be- lew-
ully delegated. in the management of
he business and affairs of the %corpor-
Ition, and shall have the power to au-
the seal OF the corporation 90
'e affiN9d to all papers which may rel
uire il.
The Board of Directors and the Ex-
.cutive Committee shall. except ss
otherwise provided by law, have pow
r TO act in the following. manner.
IL; n resolution in writing. slgned
s affirmatively approved by all the
members of the Board of Directors,
n by all the members of the Execu-
i've or other Committee. and thereaf-
er with original or duplicated signal
inserted in the recorded minutes
nd properly dated, shall be deemed
o be action by such Board or such
as the case may be. to the