Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-04-19

extent and IN any mnnner rot
unlawful. tho corporation may son.
/ dnnt businrta h the Stale 81
Now Mexico and elsewhere. inolud.
Ing any 81 che states. territories. col
onies, or dependencies 81 az United
States. the District 81 Columbia. and
any and ali forrlnn countries. have
0ne of more offices therein. and
therein a. noId. purchase. mortgage
and convey real and personal proiscf-
~, except ns and when forbidden =,
| local laws
The foreGolnR clauses shall BE- con-
strucd both ~ ob5ecir and powers.
bm no recitation. expression or dccla
ration % specific powers On % spc
cIai powers or purposes herein cnun-
Grated shall hc deemed 10 BE- exclus
eives but u h hereby expressly &c.
elared that ali other lawful pow afs
NOT Inconsistent therewlth are hereby
included.
Capital Auihorssed
4. The corporation ~ authorized
20 issur capital stock 20 tne extent
81 flfty thousand dollars. $3.50. 0oD
divided into five hundred shares %
the par value 81 one hundred dollars
each.
Capital Subscribed
Z. The Capital stock with which
the corporation viii commence busl-
ness Is subscribed by the lncorpora-
tors as follows.
Name No. OF shares Ausount
u. g. Williams .....-2s s2.so0.o0
Estancia, y. A.
Louis o. Bachman III 10000
Ertancia, y. NJ.
q. Y. Guuduer ....... 10000
Albuquerque. a. ~
Limitation 81 Stockl,oldef~' Po,cr to
Examine Stock aud Transfer Hooks.
8. The corporation shall keep al
its registered office IN this state the
transfer books. ia which the transfers
81 stock shall be re- glstered. and she
stock books which shall contain the
names and addresses ~ the stock
holders and the number OF shares held
boy them respectively. which shall a.
all times during the usual hours for
business be open to the inspection OF
a stockholder In person with respect
20 his interest as such stockholder, or
for the purpose germane 10 his status
as such. upon the application ia writ
ing to the registered agent 81 the
corporation In charge OF such office
and having the custody Of said books:
but the registered agent may refuse
/ permission to amy stockhoider Go ex-
anime the same fexcept AZ 90 the on
tries affecting the shares owned By
such stoekholdcr). unicss and until
satisfied that such examination and
tho Information Ia bs acquired thore-
10y are FOR a legitimate purpose and
not for purpose hostile "a the In
terests of the corporation or its indi-
viduai stockholders. and the deter
mlnntlon Of the registered agent shnii
he final. conclusive and binding upon
al stockholders and all persons clalni-
ing under such stockholders.
Regulations tserlr'ctinR Directors.
! Z. In furthcrance and not IN limi-
tation Of tho powers conferred by
statute the Board Of Directors are
expressly authorized.
To hold their meetings. TO have onr
or more offices. and to keep the books
of the corporation within or except
az otherwise provided by statIte.
without the State Of New Mexico, "A
such places ~ may from time 20
time. be designated by them:
To determine. from time To- time.
and. n allowed under what conditions
aud regulations the accounts and
books OF the corporation shall be
open TO the inspection OF the stock
holders, and the stockholders Rights
In this respect are and shall be re-
stricted or limited accordingly, and
no stakeholder shall have any right
10 inspect any document. account OF
book OF the corporation, except ~
conferred by statute or authorized hy
the Board ct Directors or by reso-
luton OF the stockholders.
To make. alter. amend and rcsclnd
the hy-laws OF the corporation. 60
Fix. determine, from time to time and
vary the amount 10 be reserved AK
working capital ~ determine the
time for the declaration aud payment
and the amount of each dividend on
the stock, to determine and direct the
use and disposition OF any surplus or
net profits. and To authorize and 10
! cause to he executed orsgagoS and
liens upon real ana personal property
or the corporation. provided always
that a majority Of the whole Hoard
concur therein.
Pursuant tn the affirmative woe ~
the holders 81 majority 81 The stock
issued ana outstanding. Al stuck-
holders meeting duly convened, 10
sell, assign, transfer or otherwise dis
pose OF the property. Including "a.
| franchise OF the corporation az an
entirety. providing always that "A nia-
| iority OF the whole Board concur
therein.
To appoint additional Officers ~
the corporation, including one or
more Wee presidents one or more as
sistant treasurersi and one or more
assistant secretaries, and, 90 the ex-
tent provided in the bylaws. the per-
sons 50 appointed shall have and may
exercise al the powers of the presi-