Graham guardian., 1911-12-22

|
warehouses.
tdi To acquire streams lakes and small ponds
| FOR irrignt or purposes or otherwise To build
acqu're, own. charter and cresate vessels pro-
| re led by steam or Otherwise ard > construct
| conn lete iurnigh naintsin and cordrct lawful
| mes of communication and transportation, and
to conduct, carry on and transact general trans.
| portaton business CT passengers and freigft in
any lawful manner, and upon It's property to con-
struct conduct and operate transportation
business in any manner deemed proper, To ac-
Quire and use, sell otherwise dispose of the
whole any part of the goodwill, property and
| rights, and to undertake the liabilities of any
person. firm, association or corporation engaged
in business similar to that of this corporation
and to pay for the same in money, stock or bonds
| of the corporation or otherwise
lei To enter into, make perform and carry out
contracts of every kind and for any lawful pur-
pose with any person. firm. association or cor
poration; or with any government, incidental to
the business of this company TO borrow and
raise money by the issue of or upon warrants
bonds, and debentures and other negotiable or
| transferable instruments or otherwise. To hold,
purchase otherwise acquire, sell. assign,
pledge or otherwise dispose of shares of the cap
ital stock, bonds or other evidences of indebted
ness created by any corporation and while the
owner thereof to exercise all the rights of owner
ship. including the right to vote thereon.
~ To guarantee the payment of dividends or
interest on any shares of stock, bonds debentures
or other securities or obligations of this or any
| other company in which the corporation may be
properly interested whenever in the judgment of
tne BOARD OF directors proper ana necessary IOr
the business of the company; to aid in any man
ner any corporation whose stock, bonds other
obligations are he'd. or in any manner guaranteed
by the company, and to do any other acts or
thing necessary for the preservation. improve
ment or enhancement OF the value of any such
bonds. stocks or other obligations.
lg' To remunerate any person or corporation
for services rendered or to be rendered in placing
or assisting to place or in guaranteeing the plac-
ing of any of the stock of the company. or in or
about the formation or promotion of the company
or in the conduct of its business
(h) To use and apply to surplus earnings of
the corporation or its accumulated profits au-
thorized by law to be reserved, to the purchase
Of or investment in, its own capital stock from
time to time to receive its own stock in payment
or satisfaction of Indebtedness to the corporation
and to reissue and sell any OF the stock SO pur-
chased or acquired to such extent. in such man
ner and on such terms as the Board OF Directors
of the corporation shall determine, 1t being pro-
yided. however. that stock shall not be declarable
in dividends unless majority in interest OF the
stockholders so determine: but the capital stock
of the company shall not be decreased, except as
provided by the laws of Maine.
Gl To apply for, purchase or otherwise acquire
and to hold. use, own, operate and rent sell, as
sign otherwise deal in. any trademarks, trade
names, copyrights, patents, inventions. improve
ments and processes used in connection with or
secured under Letters Patent of the United
States or elsewhere or otherwise, and to use eX-
ercise develop, grant licenses in respect thereto
and otherwise turn to account any such trade
marks, trade-names. copyrights. patents. Ii
censes. processes and the like, or any, such prop
erty or rights; and with view to the working
and developing of the same to carry on any busi-
ness which is necessary or incidental thereto
I'D The company may from time to time con-
States, Territories, colonies or dependencies of
the United States and in any and all foreign
countries. have one or more Offices therein, and
therein to hold, purchase. mortgage and convey
real and personal property necessary or incidental
to carry out the purposes of the corporation: pro-
vided however, that nothing herein contained
shall be construed to authorize the corporation to
transact business in any other State. Territory
foreign country contrary to the provisions of the
laws of such State. Territory or foreign country.
(k) In carrying on its business. or for the pur-
pose of attaining or furthering any Of its objects
to do any and all other acts and things. and to
exercise any and all other powers which CO.
partnership natural person could do exer-
else, and which now or hereafter may be author
lied under the provisions of the general laws of
the State of Maine appertainng to corporations
() Provided however. that the following cor
porate purposes shall be exercised only in States
and jurisdictions other than Maine namely: the
construction and operation of railroads. aiding
in the construction thereof, telegraph or tee-
phone companies and gas or electrical companies
and such businesses are to be carried on only in
States and Jurisdictions when and where permis-
sible under the laws thereof.
In furtherance and not in limitation of the fore
going purposes and objects. this corporation shall
of the State Of Maine. and all of the powers nec-
essary, desirable or incidental to carry out COM
pletely its corporate purposes and objects.
The amount of capital stock is Two Million
Dollars
The amount of common stock Is One Million
Five Hundred Thousand Dollars.
The amount of preferred stock is Five Hundred
Thousand Dollars.
The amount Of capital stock already paid in is
Five Dollars.
The par value of the shares is One Dollar.
The names and residences of the owners of said
shares are as follows:
No of Shares
Names Residences Common Preferred
John H. Pierce. Portland, Maine,
John H. Ridge, Portland Maine.
Frank II. Purinton, Portland. Maine,
Francis w. Johnstone, Boston. Mass,
William E. Tucker Boston, Mass.
Unsubscribed in treasury 100000 4ss9s5
100000 100000
Said corporation is located at Portland, in the
county of Cumberland. The number of directors
is five and their names are John H. Pierce, John
stone and William E. Tucker.
The name Of the clerk is David w. Snow, and
his residence is Portland. Maine. The UNDER
signed, John II. Pierce. is president; the UNDER
signed, John II. Ridge, is treasurer and the un-
dersigned. John H. Pierce, John II. Ridge and
Frank H. Purinton are majority of the directors
Witness our hands this 7th day of February.
JOHN H. PIERCE, President.
JOHN II. RIDGE, Treasurer.
I
JOHN II. PIERCE, of
FRANK H. PURiNTos.j Directors.
February 7th, A. d. 1911.
Cumberland, IS.
Then personally appeared John H. Pierce, John
Fl. Ridge and Frank H. Purinton and severally
made oath to the foregoing certificate, that the
same is true.
Before me.
DAVID w. Snow,
"" Justice Of the Peace.
STATE OF MAINE.
Attorney Generals Office.
February Sth, A. ID. 1911.
hereby certify that have examined the fore
going certificate. and the same is properly drawn
and signed. and is conformable to the constitu-
ton and laws of the State.
CHARLES P. BARNES.
Asst, Attorney General.
STATE OF MAINE.
OFFICE OF SECRETARY OF STATE.
I hereby certify that the foregoing is a true
copy from the records of this Office.
In Testimony Whereof l have caused the seal
oft the State To he hereunto affixed.