Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-07-24

Independent objects. purposes and
powers.
(b TO accept appointment by
VIII, deed. court order or otherwise.
and To act ~ trustee Of express trusts
or as guardian Of the person or prop
eriy OF Infants, incompetent persons
or otherwise.
Nv.
The amount OF the total authorized
capital stock OF the corporation In
Three Hundred ana Fifty Thousand
N3bO, 100000 Dollars, which said
stock In divided into $500 shares OF
the par value of one Handrcd Dol
lars, each.
The names ana postofflce address
es Of incorporator]. aud number of
shares ~ stock aubscrAbed for by
each. are as follows
Number Of
Name. Postofflco, shares,
Frank a. IIubbell. Albuquerque, 30
N. M,
Trinidad q. IIubben. Albuquerque. 20
James l.. HubbelI. Albuquerque. 90
N. NJ
The aggregate of which IN sixty
shares. 100000, ana II the amount
az the capital stock with wnich this
corporation ahnli commence business
vi.
Tho time for which this corpora
ton In 10 exist IN fifty years from aud
after its incorporation.
VII.
The number OF the directors shall
not he less than three and not more
than five, ns tho stockholders may,
ny the bylaws, direct, aud the names
ana residences of the directors who
nre appointed for the first three
months and until their SUCCESSORS are
regularly ana duly chosen by the
nioekholders are as follows;
Names. Addrcaaos.
Frank A. Hubbell. Albuquerque. y. ".
Trinidad q, Hubboll. Albuquerque,
James l.. Huhbaii. Albuquerque. n. NJ.
VIII.
In fnrtherance. and not In llmlta-
ton of the POWERS conferred by stat
ute. tho board OF directors Of this
corporation are authorized.
ta) To hold their meetings and
have one or more offices and keep
the books Of the corporation within
or Except as otherwise provided by
alatuto) without the state OF New
Mexico at such places as may from
time 10 time be designated by them.
b) To determine from time te
time whether and II allowed, under
what conditions and regulations tho
nnnnunNU
ton shall be open 90 inspection Of
the stockholders ana the alockholdera'
rights IN this respect are and shall
be restricted. and limited according
w and no stockholders shall have
any right to inspect any account or
book OF document Of the corporation
except as authorized By the bylaws
or by the board Of directors, bu, this
provision shall not be construed an
10 conflict with any positive provision
Of the statute.
tc) To make. alter. amend and
rescind tho hy-lawH of the corpora
ton ana 10 FIX. determine. from time
70 time. ana vary the amount 60 be
reserved a. working capital ana 10
determine the times for tho declara-
ton ana payment ana the amount of
each dividend on the stock, ana 10
determine and direct tha asa nnd dis
position OF any surplus or net profits
and 10 authorize ana cause 10 be exec
cuted nnftnngea and liens and AZ
ether instruments effoctlng tho
zeal aud pernonel property Of the corr
pOrntlOn.
tdl Whenever authorized by the
affirmative voln Of tho holders ut a
majority 81 she stock issued and out-
standing ~ q nluckh0ldora meeting,
algn, transfer or otherwise dispose 81
AN tho property including tho fran.
chiae or franchises or lhe cooperation
- an entirety
(o) ~ authaflsc one oF moro 81
their number ~ coneiltufn an ox0cu.
tive committees which committee shall