Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-08-07

4 - w VI 81 W ~
TO applyifo for. acquire, hold, use, sell
assign. lease. grant licenses in respec
Of, mortgage or otherwise dispose @.
letters patent of the United states OF
any foreign country: patents, patenI
rights. licenses and privileges, in
ventions, improvements and process
ses. trademark and trade names, re.
lating to or useful in connection witt
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 o. "n"DOr-
alton for services rendered, or 10 be
rendered, in placing or assisting to
place. or guaranteeing the placing or
underwriting of any of the shares Of
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 its business.
To buy or otherwise acquire, to
hold, own mortgage, pledge, sell, as
sign and transfer or otherwise dis,
pose Of, and to invest. trade i'm and
deal in any goods, wares, merchandise
and property of every class and de-
scriDtion, 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
or investment securities of any
kind or description whatever, or to
as the agent for the sale or pur-l
chase of any of the same. or for any
purpose connected with N of
said above described powers: to
promote corporations or enterprises
Of any character. including industrial
enterprises, railroads. mines, real es-
late companies. banking institutions
md all business or enterprises of any
character and to W or operate or
finance the anne to aid in any man
Ter any corporation or enterprise in
which the company is interested; to
'ndores, underwrite. or guarantee the
ltoek. securities or undertaking of
corporation or persons.
With a view TO the working and de-
Equipment VI the properties VI the
and to effectuate, direct
V OF indirectly, its objects and pur-
roses, or any of them. the corporation
nay, in the discretion of the directors,
.xecutive committee or officers. from
ime to time carry on any other law
business, manufacturing or 9TH
rwise, to any extent and in any man
err not unlawful.
The foregoing clauses shall be ern>
trued both as objects and powers,
ut no recitation. expression, or dec
ration Of specific or special powers
r purposes herein enumerated shall
e deemed to be exclusive but il is
ereby expressly declared that all 9TH
r lawful powers not inconsistent
herewith are hereby included.
In furtherance and not in limita.
on Of the powers conferred by stat
te. the board OF directors ara OK
ressly authorized:
To hold their meetings, to have one
= more offices. and to keep books of
lie corporation within or. except as
-herwise provided by statute, without
le Territory of New Mexico, at such
aces as may from time to time be
asignated by them.
To determine from time to time
neither, and, if allowed, under what
and regulations the ac-
,unts and books of the corporation =
lall be open to the inspection of The \
o~ckholders. and the stockholders :
ghts in this respect are and shall {
y restricted or limited accordingly, !
I'd no stakeholder shall have anvil {
to inspect any account or boCx
document Of the corporation. ex-I o
pit as conferred by statute or au- 4
orized by the board of directors, or !
a resolution of the stockholders. o
To make, alter, amend. rescind the
Laws OF the corporation. TO fix. {
termine from time to time and vary --
e amount to be reserved as working
pital, TO determine the times for
2 declaration and payment and the
lount OF each dividend on the stock. =,
determine n direct the use and II
of any surplus or net prof.
and to authorize and cause to be
mortgages n liens upon
: real and personal property of the =
'poration, provided always that n :
Of the whole board concur n
rein. -
Pursuant to the affirmative vote nf
holders of a majority of the stock n
led and outstanding at a stock,
.ders' meeting duly convened, to s
j. transfer, or otherwise dispose of
property, including the franchises m
the corporation as an entirety, pro- "'
always that a majority Of the =
bVdiu tOICul lnefeln.
70 appoint additional officers Of
corporation, including one or :.
re Nlce-presidents, one or more as a.
ant tr~easurers, and one or more as
secretaries; and to the extent
.Nlded by the bylaws, the persons Ey
Y nave and shall exercise all the y
OF the president. Of the ~treas~
and of the secretary, respect -
provided, however, that all vice
sIdents shall be chosen from the G
81
BY a resolution passed by a ma
" vote or the whole board, under
aple provision Of the bylaws. to l.
Ishate Two or more of their num-
10 constitute an Executive Com- {
tee, which committee shall fnr'
Tune being. as provided in said
'lutIon. or in the bylaws. have-
exercise any or all powers Of tne =
rd OF directors, which may bc l. W
Y delegated, In the management OIL Z
business n affairs of the %corpor. 4
and shall have the pownr to au- II
ne the seal Of the corporation fo III
IftiNed TO all papers which may te- III
e it. W III
ne Board of Directors and the Ex- II
I've Committee shall. ex.ept es II
'rWlse provided by law. have poNv- \
o act in the following amer n
a resolution in writing. sipned
litlrmatlvely approved by ali the II
lhers OF the Board of Directors. h
" all the members Of the Execu- n
or other Committee, and thereaf- II
Win original or duplicated sigma II
; inserted IN the recorded minutes H
properly dated, shall be deemed III
~ nnt1nn h~ Cf4Db- 49,. II