Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1910-12-01

10000 90
The postoffice address II each OF the in
/ Corporstors is Albuquerque, New Mexico
! Limitation on Stockholders Power to Ex-
anime stock and Transfer Books.
VI. The corporation shall keep at its
registered office In this Territory the trans
Yer books. in which the transfers OF stock
shall be registered. and the stock books.
which shall contain the names and ad-
her of shares held by them respectively.
which shall at all times during the usual
uon o. "a stockholder in person with re-
spect 10 his interest as such stockh older, or
Tor "A purpose germane to hts status as such,
upon appAcauon in writing TO the regis
tered agent q the corporation In charge
" such office and having the custody II
said books; but the registered agent may
refuse permission 10 any stockholder 10 ex-
anime the same teNcept as to the entries
affecting the shares owned by such stock
holderl, unless and until satisfied that such
examination and the information TO re ac-
CURED therehy are Tor a legitimate fGF-
interests OF me corporation or ITS lnai-
vidual stockholders, and the determination
elusive and binding upon al stoeknolders
and all persons claiming under such stock
Regulations Respecting Directors.
VII In turtherance and not in limita-
ton Of the powers conferred by statute, the
Board OF Directors are expressly authorized:
To hold their meetings. 10 have one OF
more offices. and 10 keep the books Of the
corporation within OF. except as otherwise
provided by statute without the Territory
Of New Mexico, at such places as may.
from time 70 time, be designated by them.
and. IL allowed. under what conditions and
regulations the accounts and books OF the
corporation shall be open 70 the inspection
~ the stockholders and the stockholders
rights in this respect are and shall Be re
stricled or limited accordingly and no
~stnckhplder shall nave any rgnt 10 inspect
any account or book or document u the
corporation, except as conferred By statute
or authorized by the Board of Directors OF
by q resolution Of the stockholders
To make, alter. amend and resclnd the
bylaws of the corporation. to fix. deter
mine. from time TO time and vary the
amount % De reserved as working capital
To determine the times for the declaration
and payment and the amount Of each divi-
uehd on the stock ~ determine aud direct
the use and disposition q any surplus or
aet pIolts and 20 authorize and cause 70
oe executed MORTGAGES and liens upon the
real and personal property OF the corpora
ion. provided always that a majority Of
the whole Board concur therein.
Pursuant 20 the affirmative vote Of the
holders Of q majority o. the stock issued
and outstanding. at a stockholders meet
10 franchises II me carn6ra lion as
an entirety, provided always that a major (
ity OF the whole Board concur therein.
To appoint additional officers OF the cor
dents. one or more assistant treasurers. and
or more assistant secretaries. and. 10
S eeesa gS'5 sS i pgsSiaeq n iAS ss-l avs tae
exercise all the powers Of the president ~
the treasurer and or the secretary respec-
lively provided, however, that all vice.
shall be chosen from the d.
rcctorS.
by a resolution passed by a majority vote
n the whole Board. under suitable pr0vi-
sion ~ the By-l4aws 10 designate two or
more OF their number 20 constitute an Ex-
ccutive Committee. which committee shall. 4
Lor the time being, as provided In said res
nluuon, or in the bylaws. have AMI ex-
erciso any OF all the powers of the Board
% Directors. which may be lawfully dele
gated IN the management ~ the business
and affairs OK the corporation. and shall
have power 10 authorize the seal % the
corporation To De affixed 20 all papers
Flich may Require IT,
The Board Of Directors and tho EVecn-
Committee shall except as otherwise
provided b. law. have power q act in the
GLOWING manner. via a resolution in writ
signed as affrmativeiy approved BY
40 the members o. the Board ~ Directors
tr hy all the members OF the Executive or
lther Committee. ana thereafter with orig
nal or With duplicated signatures inserted /
y the recorded minutes and properly dated
hail De deemed 70 be action By such Board
ir such Committee. MS the case may be. 70
he extent therein expressed. with the same