Sierra County advocate. [volume] (Kingston, N.M.) 1884-1960, 1914-10-09

structures of all kinds and water
rights and privileges; to build, con-
struct, operate, maintain, lease and
sell dwelling houses, apartment houses
and business blocks Of all kinds and
description; to maintain a general
real estate agency and commission
business; to make and obtain loans
upon real estate improved and unim-
proved. and to supervise, manage
and protect such property and loans
and all interest and claims affecting
same; to have the same insured against
fire and other casualties; to improve.
manage, operate, sell, mortgage, lease
or otherwise dispose Of any property
real or personal and take mort
cages and assignments Of mortgages
upon the same; to manage business
blocks and all sorts of real property
| for the owners and to collect rents
| therefor.
(3) To assist financially or other
wise contractors and builders engaged
in the business of building or improy-
ing any lard.
(4) To manufacture, buy, sell and
deal in and with all kinds Of lumber.
building material and other go DIS,
commodities, articles or products neces-
sary or cotvenint for use in connection
with the objects above named and
every part thereof.
(5) To construct, build, repair. main
tain. acquire by purchase or othwise.
and to operate gas, electric works and
water works, private railroads, tram
ways. telegraph and telephone lines.
pipe lines and bitches, and to supply
gas, light. water, power and heat to
consumers.
And in furthrance but not in limita-
tion of the powers conferred by the
laws OF the State of New Mexico and
of the objects hereinabove stated, it is
hereby expressly provided that said
corporation shall also use and exercise
the following powers, that is TO say:
Todoany ant all the things herein speci-
fed as objects, purposes aud powers,
to the same extent and with like force
and effect, as a natural person might
or could do the same, and to do them
as principal agents, contractors, trus-
tees or otherwise
To conduct said business above
specified in all its branches and ramifi-
cations, and hold without limit, pur-
chase and convey real and personal
property wherever situate.
To manufacture, purchase, or other
wise acquire, own, sell, assign or other
wise transfer and convey, trade, deal
IN and with goods, wares, merchan-
disc and property of every class, vari-
ETY. and description, whether produce
ed by said corporation or other cor
porations or persons.
To hold, purchase or otherwise ac-
quire, to sell, assign, transfer mort
gage, pledge, or otherwise dispose 0 Of
shares of the capital stock. bonds or
other evidences of indebtedness Great
ed by any other corporation or corpor-
ations, and while the holder of such
stock to exercise all the rights and
privileges of ownership including the
right to vote thereon to the same ex-
tent as natural person might or could
do
To acquire by purchase or otherwise
any real estate, right or interest there
in and any business, and to assume en-
tirely or in part the payment of the
debts, liabilities of any firm, associ-
alton, person or corporation and to
pay for the properties, assets, and
rights OF any such person, firm, associ-
alton or corporation in cash, stock of
this corporation, or with its bonds. or
with the stocks or bonds of othes cor
poratlons, persons, firms or associa-
tions, or with other properties or other
wise.
To incur Indebtedness in such amount
as may be deemed necessary or proper;
to evidence such indebtedness bv the
bonds or other written obligations of
this corporation; and to secure the
payment of such indebtedness bv
mortgage, .deed of trust, or other
form of incumbrance of and upon
all or any part of the property.
rights, privileges and franchises Of
this corporation, whether acquired
at the time of making such incum-
brance or thereafter to be acquired.
In general, to carry on any other
business IN connection with the objects
and purposes above specified and per-
mitted by the laws Of New Mexico.
1t is the intention that the objects
and powers specified and clauses con-
tanned in this third article, shall. ex-
cept where otherwise expressed in said
article bo in no wise limited or restrict
ed by reference to or inference
from the terms of any other
clauses of this, or any other ar
ticle, or paragraph in this certificate
but that the objects specified in each Of
the clauses of this article shall be re-
garded as independent objects.
Fourth.
The total authorized stock of this
corporation is fifty thousand (5O.-
000.00) dollars, divided into five hundred
t5ool shares e tic pai value on one
hundred 100000 dollars each.
Fifth.
The names Of the incorporators, the
postotfice address of each and thenum-
ber of shares of the capital stock SUBJ
scribed for by each, the aggregate of
which fifty thousand $3.50, 900. 00) dol
lars is the amount of capital stock
with which the Company will COM
pany will commence business, are aa