Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-03-24

the books OF the corporation within,
or except as otherwise provided by
statute without the state OF New Mex
leo at such places as may. from time
Ia timo be designated By them.
To determine. from time "a time.
whether and. II allowed, under what
conditions and regulations the ac-
counts and books OF tho corporation
shall be open 20 the inspection Of the
stockholders, and the stockholders
rights In this respect are and shalt he
restricted ana limited accordingly, and
no stakeholder shall have any right 20
inspect any account. hooks or docu
mcnt 90 the corporation. except rs
conferred by statute or authorized by
the hoard OF directors. or by y resolu
ton Of the stochholdera
To make. alter. amshd. aid resclnd
the hy DAVIS Of the corporation. 10 nx.
determine from time to time. and
vary tho amount TO be- reserved as
working capital to determine the times
for the declaration uud payment. and
tho amount of each dividend on The
stock. 10 determine ana direct the use
ana disposition of any surplus cor net
profits. and Geo authorize and cause 90
be- executed mortgages. ana liens up-
on tho real and personal property of
the corporation. provided always that
% majority of the whole board of diroc-
tors concur therein.
Pursuant Go the affirmative vote of
The holders Of the majority Of the
stock issued 8nd outstanding IA "a
stockholders meeting. duly convened.
10 s"ll assign, transfer or otherwise
dispose ~ the property. including the
franchises of the corporation ass an
entirety. provided always that "a ma
iority OF the whole board of directors
concur therein.
Py n resolution passed by a major
itf vote of tho whole board of dlrec-
tors under suitable provision in the
hylavs 20 designate Two cor more of
their number 20 constitute an eXecu-
tive COMMITTEES, which committee shall
for the time being, as provided ia
said resolution. or In the bylaws. have
and exercise any and al powers ot the
hoard of directors, which may be law
fully delegated In the management of
the business and AFFAIRS of the corr
potauon and shall have power to au-
thorize the seal OF the corporation tn
De affixed 90 an papers which may res
uniro A.
Tho board Of directors and the ok
ecutiNc committee shall except as
otherwise provided hy law. have power
90 act IN tho following manner. viz.
q resolution in writing, signed as az
hrmauvcly approved By all the mems
asrs of tine board of directors cor los
an the members OF the executive or
other committee. ana thereafter with
original or duplicated signatures Inc
serted in the recorded minutes and
properly dated shall hr deemed 60 he
action nv such board or such commit
tee as the ease may be. 60 the extent
therein expressed with the same force
and effect as II the same had been dui>
passed by the same vote as q regularly
convened meeting
subject 60 tho foregoing provisions
tho bylaws may prescribe the number
of directors 70 constitute quorum al
their meeting, and such number max
DO less than n ma1orit ~ the whole
number.
, AZ an meetings Of the STOCKHOLDERS
or the corporation ghNNlhtiNf A"liN 81
voting Tor the election of the BOARD OF
} directors shall be permitted.
10.
rhc corporation reserves the righ
, 60 amend. alter, change or repeal anN
/ provision contained In this certncat'
of incorporation IN the manner uoN
or hereafter prescribed by statute fol
the amendment OF tho certificate O
. incorporation.
in witness whereof, We have here
unto set our hands and seals this. th'
10th day OF March. A. ID. lat3.
FRANK y. LAWRENCE. (Seai
a, FIRED PETIT. (Soai
AVERY s. hill. (seal
! State 81 New Mexico, }
: lsa
. County ~ Bernaliilo
, ON this the i0th day OF March \. n