Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1912-04-03

their products ana hy-prouucta. To
dig. operate and maintain oil wells.
refinerics buildings and machinery
for such purposes. plants stores and
warehouses. ana 20 market oils and
oil products and by-products, To
maintain laboratories, workshops.
buildings. houses for employees and
others. To smeit. produce. conoon-
trate or otherwise treat gold. silver,
lead. copper. iron and other precious
metals. To deal In any ana an ma
chinery necessary FOR tho purpose OF
sinking wells and mining, and 20 do
and perform such other acts as may
be necessary to carry out the purposes
aforesaid.
Subsidiary Purposes aud Powers.
AS subsidiary 20 and IN connection
with the foregoing. from time 20 time.
the corporation may: Manufacture.
purchase or otherwise acquire goods.
wares. merchandise and personal
otherwise dispose OF. trade. deal IN
property Of every class and dcscrip-
ton, and hold. own. mortgage, sell or
and deal with the same.
Acquire and undertake tho good
viii. property. rights franchises. con-
tracts and assets OF every manner and
kind. and the liabilities OF any per-
son, firm association or corporation.
either wholly or In part, and pay for
the same In caah, stock or bonds OF
the corporation, or otherwise
Enter into. make. perform and
carry out contracts OF every kind. and
for any lawful purpose with any per-
son, firm. association or corporation.
Issue bonds. debentures or obliga-
lions OF tho corporation. and at the
option OF the corporation. 20 secure
the same by mortgage, pledge, deed OF
trust or otherwise.
Acquire, hold. use. sell, assign.
lease, grant licenses IN respect OF.
mortgage or otherwise dispose OF let.
ters patent OF the United States or
any foreign country. patents. patent
rights, licenses and privileges. inven-
lions, improvements and processes.
trademarks and trade names. relat-
ing TO or useful In connection with
any business Of the corporation.
Hold, purchase OF otherwise ac-
quire, sell. assign. transfer. mortgage.
pledge or otherwise dispose OF shares
OF the capital stock and bonds, de-
bentures or other evidences OF In
debtodness created by other corpora
ton or corporations. and while the
holder thereof. exercise all the rights
and privileges OF ownership, including
the right to vote thereon.
Purchase. hold and rc-lssue the
shares OF its capital stock. It's bonds
or other securities.
Remunerate any person or corpora
tIon for services rendered, or to be
. a a..
place or guaranteeing the placing or
underwriting OF any OF Tho shares of
stock OF the corporation, or any deb
cntures, bonds or other securities OF
the corporation. or In or about the
formation or promotion OF the corpor-
alton. or In tho conduct of It's busi-
ness.
With a view 10 the working ana de-
velOpment OF the properties of the
4 corporation. ana 20 effoctuate, direct
~ or indirectly. it's objects and pur-
/ poses. or any OF them, the corpora
ton may. in the discretion OF the
/ directors, from time 10 time. carry on
any other lawful business, manufac-
turing or otherwise. TO any extent and
In any manner not unlawful.
The corporation may conduct busi-
ness in the state of New Mexico and
elsewhere. including any Of the states
territories. colonies or dependencies
Of the United states. the District OF
Columbia, and any and al foreign
countries. have one or more offices
therein. and therein TO hold. pur.
chase, mortgage and convey real ant
personal property. except as and whoI
forbidden By local laws.
The foregoing clauses shall be con
strued both az objects ana powers
but no recitation. expression or declaT
alton of specific or special powers OF
purposes herein enumerated shall b,
deemed 20 be exclusive; but It Il
hereby expressly declared that al
other lawful powers not inconslston
Herewith are hereby Included.
Capital Authorized.
~. The corporation Is authorize,
to Issue capital stock TO the extent %
Four Hundred and sixty Thousand
(f60,OOO) Dollars. divided into fou
hundred sixty thousand shares Of tn
par value Of one dollar EACH
Capital Subscribed.
V. The capital stock with whicl
the corporation VIII commence bust
ness IL subscribed By the incorporation
, as follows.
Name. No. OF sharca Amount
, r. u. Yoakum 1000 &1OOO.O
: J. s. Eldridgo 1000 1000
! =, w. Dobson SOC 5000
$4,000
I u.