Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-07-30

ing to or usefa, 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-
b%entures or other evidences of in
debtedness created by other corpora
ton or corportions. and While the
holder thereof. exercise an the rights
and privileges OF ownership, lnclud-
ing the right to vote thereon.
Purchase. hold and re-issuo the
shares of It's capital stock, it's bonds
or other securities,
Remunerate n person or rpora
ton for services rendered, or to 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-
henturcs, bonds or other securities or
the corporation. ar in or about the
formation on promotion OF the cor
poration, or in the conduct Of its
business.
With Il view To the working and
development Of the properties of the
corporation, end 10 eelcctuate. di-
rectly or Indirectly, It's objects and
purposes, or any OF them, the corpo-
ration may, in the discretion of the
directors, from time to time. carry
on any other lawful business. manu-
featuring or otherwise, to any extent
and in any n not unlawful.
The corportion may conduct bust
ness in the Territory of New Mexico
and elsewhere, including any OF the
states. territories, colonies or do
Tendencies of the United states, the
District Of Columbia, and amy and all
foreign countries, have one or more
offices therein, and therein to hold.
purchase, mortgage and convey real
ana personal property, except as and
when forbidden by local laws.
The foregoing clauses shall be o
strued both as objects and powers,
but no recitation, expression or
declaration Of specific or special pow
ers or purposes herein enumerated
shall be deemed To be exclusive; but
1t is hereby expressly declared that
all other lawful powers not incon-
sistent Herewith are hereby included.
Capital Authorized.
4 The corporation is authorized To
issue capital stock to the extent Of
twenty-five thousand dollars ($25.-
900. 0O). divided into two thousand
five hundred shares OF the par value
Of ten $4,000 dollars each.
OF said stock 1,500 shares shall be
preferred stock, and 1000 shares
shall be common stock. said pre-
ferred stock may be issued as and
when the board of directors shall de-
termine. Said preferred took shall
rot bear dividends, and may be paid
for in wool. and at the discretion Of
the company shall he subject to re-
demption at par. at any time after
one year from issue. After six months
from issue the holders of said pre-
ferred stock shall have tae right to
surrender said stock and receive in
lieu thereof manufactured merchan-
disc, at par.
said preferred stock shall not be
entitled to any voting powers.
g.. The directors who shall man
age the affairs Of the company for
the first three months. and until their
successors are elected and qualified,
are \. r. Walker, Eligio Osuna, Mag
nus Brown, j.. A. Delfelder, and Geo.
b. Lang.
6. At all elections OF directors.
each stakeholder shall be entitled to
cast as many votes as shall equal the
number of shares OF stock held BY
him multiplied by the number Of d.
rectors t he elected, and shall have
the right, If so desired. to cast all Of
such votes for "A single director or
distribute them among the number OF
directors to be voted for, or any two
or more of them, as he may see fit.
Capital Subscribed.
8. The capital stock with which