Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-08-05

| 10 aDplN lOf, acquire, lpius USE, SCI
assign, lease, grant license in respec
of, mortgage or otherwise dispose q
letters patent of the United States o
any foreign country; patents. paten
rights, licenses and privileges, in
ventions. improvements n process
SEES. trademarks and trade names, re
lating to or useful in connection will
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 n 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 OF
stock of the corporation, or N de-
bentures. bonds, OF other securities
of the corporation. OF in or about the
formation or promotion of the corpor-
alton or in the conduct of its business.
~ IVY Va OAAASA ~ ~
hold, own, mortgage, pledge, sell, as
sign and transfer or otherwise dis,
pose of, and to invest, trade in and
deal in any goods, wares, merchandise
and property of every class AND 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 n
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 or enterprises of any
character and to own or operate or
finance the same; to aid in any man.
ner any corporation or enterprise in
which the company is interested; to
endores, u~nderwrite. or guarantee the
securities or undertaking of
any corporation or persons.
With a view TO the working and de-
of the properties of the
corporation, and to effectuate. direct
ly or indirectly, its objects and pur-
poses, or any of them, the corporation
may, i'm the discretion of the directors,
executive committee or Officers, from
to time carry on any other law
full business, manufacturing or 9TH
erwise, to any extent and in any man
ner not unlawful.
The foregoing clauses shall be cCn-
both as objects and powers
no recitation. expression, or dec
of specific or special powers
purposes herein enumerated shall
be deemed to be exclusive but IL is
expressly declared that all 9TH
ar lawful powers not Inconsistent
are hereby included.
In furtherance and not in llmita.
ion of the powers conferred by stat
ute. the board of directors are eX
pressly authorized:
To hold their meetings, to have one
,r more offices, and to keep books of
he corporation within or, except rs
otherwise provided by statute, without
he Territory of New Mexico, at such
places as may from time to time be
by them. |
To determine from time to time
whether, and, If allowed, under what
and regulations the ac-
counts and books of the corporation
be open to the inspection of the
stockholders, n the stockholders
in this respect are and shall
De restricted or limited accordingly, |
no stakeholder shall have my
light to inspect any account or booS
" document of the corporation, eX-
'ept as conferred by statute or au-
.horiZed by the board of directors, or
~ a resolution OF the stockholders.
To make, alter, amend. resoind the
of the corporation, to fix.
determine from time to time and vary
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,
o determine and direct the use and
disposition of any surplus or net prof
Is, and TO authorize and cause to be
Xecuted, mortgages n liens upon
he real n personal property of the
corporation. provided always that n
majority of the whole board concur
Pursuant to the affirmative vote cf
he holders of a majority of the stock
and outstanding at a stock
meeting duly convened. to
ell, transfer, or otherwise dispose of
property, including the franchises
I the corporation as an entirety, pro-
ided always that q majority of the
7hole Board concur therein.
To appoint additional officers Of
corporation, including one or
lore vice-presidents, one or more as
istant t~reasurers, and one or more as
istant secretaries; and to the extent
by the bylaws, the persons
nay have n shall exercise all the
overs of the president. of the treas
rer. and of the secretary, respect
5ely. provided, however, that all vice
residents shall be chosen from the
irectors.
BY a resolution passed by a ma
Drity vote of the whole board. under
Iitable provision of the bylaws, to
esignate two or more of their num-
er TO constitute an Executive COM
llttee. which committee shall for
ne time being, as provided in said
asolution, or in the bylaws, have
exercise any or all powers of the
of directors, which may b. l. W.
lily delegated. in the management Of
he business and affairs of the corpor-
and shall have the power to au-
the seal OF the corporation TO
e affixed to all papers which may ie-
lire II.
The Board of Directors and the Ex-
,utive Committee shall. except as
-herwise provided by law. have pow
: to act in the following manner
u: a resolution in writing, signed
: affirmatively approved by all the
Iombcrs of the Board of Directors,
: by all the members of the Execu-
We or other Committee, and thereaf-
r with original or duplicated sigma
res inserted in the recorded minutes
properly dated, shall he deemed