Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-03-25


IN uftharancc and not in Limitation
of 'hc powers conferred by statute. ih"
noard ol directors are expressly au.
uhorizcd Go hold their meetings. to
have one or more Offices and - Keep
the hooks ~ the corporation within
or except as otherwise provided h'
statute. without the stat, Ui Sew Mon
i.o. 80 such places as may, 'ruw time
90 time 10" designated hy them
TO determine, from time 20 time
neither and. if allowed. under what
conditions and regulations the tD.
counts and books of th, corporation
.H1l Doe open Go the inspection of th,
Stockholders. and the Stockholders.
right. 100 this respect Jrr tuI shall DO,
OIL. tl..jri aud limited accordingly. and
ru EjoHkhoidtr shall have ans right Goo
Inspect Hn, account book. ur duuH.
iucui u. tre corporation. except CO.'S
conferred hy statute or authorized Dos
tU" hoard of directors. co., Hy Oh r'-nIu-
'ipn oI the stockholders.
Tu make. alter amend. and rcs,ud
The hy-aWs nt the corporation. Go hN.
determine from tim. Co time. and
furE the amount 90 be- reserved 3s
working capital 90 determine the times
Cor the declaration ana payment, and
tgo amount of each dividend ou 90"
stock 600 determine and direct the use
md disposition OF any surplus or not
profits tud Goo auihuul, and ruus, lp
nr executed MORTGAGES. and liens up-
pu the ,r1l aud personal property "l
Cd" corporation, provided. always that
. |ulIil ui the "a mol, board uI Ilr',.
tors concur therein
pursuant 90 the anirmatIy" yot. u'
lU. hpldnrs of the majority OFF 'nn
stock issued aud outstanding 90 a
Stockholders. meeting, duIN convened
Go .,H assign. transfer OFF oth'rt i-'
Ji-rus, 90 isu property. ,u..uiina tH'
, tran "uiSos OF the corporation as ur
.,nUtrtE. provided always thnt ma.
Inl't uf the whole board OF dro"t'r
concur therein.
Bv resolution pa--rd 10, e. major
Q b.. .ut, ul the whole board ul d.rrr
tors under suitable provision BOO 'h'
0 nN-lpUs o. designate Two ur more col
iN,If. number Goo constitute am ,N,uu
q tive committee. which committee shall
rur iu. time being uS provided 10
a aid resolution, or in th. by-lws have
and exercise any and tll powers of doe
board OF directors. HuiUh ulF nD HN
4, fulv delegated iu the management %
E tHy business and AFFAIRS ui th" .or
puratou and shall have power tn uu
d iHuIlzr the seal of th" corporation @
d lo affixed 200 all papers Nh'"u wuy re-
10 Iuire TO-
IT.. board OF directors and the OK
s.utiyc committee shall except u
Otherwise provided hy law. hay, rnNc
~ act m the following manner VIZ
!, "a resolution in writing signed as af
. nrmauNclN approved hy AN tho mem
orrs ~ the board of directors or DE-
I, an tho members of the cxrcutiy. %
2 other committee. and thereafter wit
e. original or duplicated signature in
Q serted In the recorded minutes am
10 properly dated shall bo deemed fo b
% action hy such board Or SUCH commit
{ leo. as tho ease may be. 90 the rNtcu
y therein expressed. with tho sumo fore
" ana cnyri no. n the same had been dul
pass,d bv tho same vote 1r resul1rl
e. convened meeting.
- subject To the foregoing provision
the bylaws may prescribe the numh'
- of directors 10 constitute q quorum u
@ their meeting. and such number mi
bc less than q majority Of 'hr Who'll
number
a
~ AZ am mcctings ot tho stakeholder
o. of me corporation cumulative 'ntm
20 voting Tor the election of the board ,
o. directors shalt bee permitted.
10.
h The corporation reserves the rlgl
% 10 amend. alter, change or repeal nm
IL provision contained In ms o"iuh'a'