Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-04-02

par value of one dollar each.
Capital subscribed.
V. The capital stock with which |
the corporation viii commence bual- !
ness Is subscribed by the lncorporators
as follows:
Name. no. OF shares. Amount.
r.. d. Yoakum 1900 $1,000. 90
J. s. Eldridge 1000 100000
r. w. Dobson 500 10000
$4,000. 90
The postoffice address OF each OF
tho incorporR,ors IL a. follows. Il. u.
Yoakum, PortRles. New Mexico; j =.
Eidrldge. Laguna, New Mexico; n. W.
Dobson, Albuquerque. New Mexico.
Limitation ON stOclShOllerx Power 90
Examine stock aud Transfer
hooks.
VI, The corporation shall Keep az
It's registered office IN this state the
transfer books, IN which the transfers
OF stock shall be registered. and the
stock books. which shall contain the
names and addresses OF the stockhold-
ers and the number Of shares held
by them respectively. which shall at
all times during the usual hours for
business be open to the inspection %
a stakeholder In person with respect
10 his interest as such stockholder,
or for purpose germane 20 his status
as such. upon application IN writing 10
the registered agent OF the corpora
ton In charge OF such office and hav-
ing the custody OF said books; but
the registered agent may refuse per-
mission 20 any stakeholder 10 examine
the same (excopt as 90 the entries
affecting the shares owned by such
stockholder). unless and until satis-
fled that such examination md the
formation 10 be acquired thereby are
for legitimate purpose and not Tor
purpose hostile 20 the interests OF
the corporation or It's individual
stockholders, and the determination
Of the registered agent shall be final.
conclusive and binding upon an stock
holders and all persons claiming un-
der such stockholders.
Negotiations Respecting Directors.
VII. In furtheranee and not "a
limitation OF the powers conferred by
statute, the Board OF Directors arc
expressly authorized.
TO hold their meetings. 70 have one
or more offices. and to keep the books
OF the corporation within or. except
as otherwise provided by statute,
without the state OF New Mexico. al
such places as may from time "a
time. be designated by them.
To determine. from time 20 time
whether. and. II allowed, under whai
conditions and regulations the ac.
counts and books of the cor
pcration shall be open to tbs
/ inspection Of the stockholders
and the stockholders' rights n
this respect are and shall be re-
strictod or limited accordingly. and
no stakeholder shall have any right 4
inspect any account or book or docn'
ment of the corporation. except a.
conferred b. statute or authorized b.
the Board OF Directors or By "A resolu.
ton OF the stockholders.
TO make, alter amend and roscins
the by-laws Of the corporation. 20 fix
determine. from time 20 time ans
vary ting amount to be reserved al
working capital, TO determine tn
times for the declaration ana paymen
and the amount OF each dividend OF
the stock, TO determine and direct tn
use and disposition % any surplus d
net profits. and 20 authorize ans
cause 10 be executed mortgages ant
liens upon the real and persona
property Of the corporation. provides
always that a majority of the who'll
board concur therein,
| Pursuant TO the affirmative vote o
the holders OF a majority Of the stool
issued and outstanding, az a stock
holders meeting duly convened. q
sell, assign. transfer or otherwise dis
pose Of the property. including IN
franchises 81 the corporation as al
entirety provided always that ma
ioFity Of the whole board concu
therein.
10 appoint additional officers o
the corporation. including one O
( more vice presidents, ore or NOR
assistant treasurors. and ono or NOR
assistant secretaries; and. 10 the ex
tent provided In the by-l9ws, the per
sons SO appointed shall have aud ma
exercise all the powers Of the prcsl
[ dent. Of the treasurer and Of the 500
rotary. respectively provided how
ever that all vice presidents shall b
) chosen from the directors.
by a resolution passed by a malol
ity vote OF the whole board. undo
= suitable provision OF the bylaws,
!, designate two or more OF their nun
3 Der % constitute an executive con
p mittce. which committee shall, for N
: time being. as provided In said resoit
p ton, or IA the by-laws have ana q
e orcise any or an the powers Of q
5 Board OF Directors, which may
< lawfully delegated. IN the manag
ment Of the business ana affairs
Q the corporation. ana shail have pow
a TO authorize the seal 81 the oorpor
iion 20 be affixed 20 all papers white
= may require 4.
al Tho Hoard 81 Directors ana q