The herald., 1914-01-22

! "a ~ -. -s 10 3r,rrrnt bv the issue II OF upon
| warrants bonds and other negouauit 2' 80 !@-'-s
/ ferau.c Instruments pr otherwlse' 10 III"
/ make accept, endorse, discount execute "L.1
/ 1s.,,a r1-9-r-fszo-v notes. bills Of cNCAlIiEe
/ warrants. ~ other negotiable or tr2nslet1O1S
/ Instruments. 10 ISSUE bonds 9T phIlbalil"s u
this corporation rom tiine ,,.II H., w., ,,
rf the nnresrs Hr purposes OF ne ccTP"I IL! On
J md .r secure the same Oy mortgage. p.trSe'
/ Iced NJ trust " otherwise 20 purchase. Aoit
and re- ,suc ne shares 81 IT'S capiial st'SA' B.
D have one ar rurnc oflCcs, 20 carry on A't ''
| .rv at ITS operations ami business ana ~
.,,r restriction .r limit As 10 amount 10 FIF'
chase Dr otherwise acquire. 10 mold own %
mortgage. sell u- otherwise dispose 3i iG-'
| Ind personal property u every class ana Is'
I -e--prlgn IN any II he states. lIsiIlC.s' -S-
|.,-rr-ts. or colonies u The United states. ana
... any and al foreign countries. SUBJECT 20
.g. Avs rI ~u.h states. districts. colony, TER
-,,1-v ny country. TO elect and appoint suca
officers directors mana gers. agents ana EN-
rI1yces aS the interest and eOrveniense ~
D the corporation NAY require; 20 make ana re-
-ab.lSu ~uru bylaws, rules and regulations
Tor The proper management u me aNalIs "
he corporation as may be necessary ana
proper. and the same 20 change, iIter amend
~ ll-1gate 80 pleasure: and generally 10 DO
and perform all acts. matters ana fhlrgs IS
may be incidental 20 the corporation 1T re-
gursItc and necessary 20 carry on the objects
and purposes 0f the same.
Article lL.-AA citation and other lega!
process shall be served on the president, or
Ia case OF his absence or inability 10 act,
up0n The viCe-presIdert ard treasurer.
Article llI.-The objects and purposes tor
which hrs corporation IS organized and me
business TO be carried on by II, are hereby
declared 90 be. To manufacture, buy, sell.
deal II. trade m. lay and apply all kinds OF
ro0urg, ~oonng materials. paints. paint nate
rial and supplies, tc.dSpar and IeldSpar pro-
ducts; 20 carry on j general rOohrg and paint.
lnE business: to own. operate. supervise and
conduct stores n such business, ana 10 man
uiac'ure, buy, sell, dea! IN and trade n. such
.rIs r-I d lie la
vcuiertlv handled N connection herewith, !,
20 buy, sell and deal timber lands and ~
The production ri lumber, and 10 prepare tor
market. and market and sell any articles or
product, IN the manufacture OF composition
Ht which wood gr lumber IS j factor: 70 man
trac-urr. buy, sell. deal IN and deal with
steel ron, ~ both. OF asphalt, and telts.
and all kind or kirdrrs products. 20 mine.
manufacture. prepare rOr market, market and
sell The same, and any articles % products
10 the manufacture Or composition 1I which
metal is q factor, including the acquisition
by purchase, mining, manufacture ur other
wise. u ala materials. supplies. and other
articles necessary 1r convenient tor use. and
~ connection with. and II carrying On. the
business herein mentioned, or any part there
Of: 20 buy. sell and deal IN coal, iron, ore. oil,
asphalt, and other mineral lands, and 20
.llue. prepare Tor market. market and sell
ne products thereof; 20 locate, buy, lease.
mold sell. improve, develop and operate mines
and mining property, and 70 pledge. mortgage.
or otherwise deal IN sanic, or any leases. Op-
tons bonds thereon; 10 quarry. sneIt
-eHne. dress. aInalgamate. prepare for mar
KEY. ana 70 market. ores. metals and mineral
substances 0t all kind. and TO carry on auv
other operations which may seem necessary.
incidental or conducive OF any Of the com
pany objects; TO buy, sell. manufacture, and
deal IN minerals, plants, machinery, iuple-
neEts, convenIenCeS. provisions and things
capable u being used IN Connection with min
tnS operations or required by workren and
others employed - the corporation. TO man
p1-sI I.~,A
and ali kinds Of cement, whether natural or
artincial. lime. limestone, brick. stone cal
elned and other plasters. artificial stone. con.
crete and building materials Of all kinds
whether natural or artificial.
To buy, construct. lease. sell. convey. main.
taln. operate, improve, manage. control and
superlntend roads, bridges. WAYS reservoirs.
water works, water courses. wharves. tram
allowed by law.
To buy, construct, lease sell. convey. main.
tam: improve. manage. control and superin-
iend. furnaces, su1elters, Concentrations mills
cTushing works. hydraulic works. works. fac
'oTleS' warehouses, and other conveuieuceS
which may seem directly or indirectly neres
sary' incidental or conducive 10 any OF tbr |
'Olects Of the corporation, and to contribute !
any such operations.
10 take, acquire, own. hold sell lease ex
mango. mortgage, pledge, improve and other. |
FIse deal IN real estate. town sites. and divi. /
to
erect thereon, and lease. manage sell oT co,1
'ey houses, stores or other buildings and 10 /
make and maintain all other necessary ard
leSiraoie improvements IN connection there /
Win; 10 issue bonds, and TO sell or hypothe- |
ate the same, and TO secure the payrnent OF /
'ame Oy mortgage or otherwise upon all or I
my OF the properties Of the corporation; to /
make any and all contracts, and to acquire /
md transfer any and all species Of property /
necessary OF incidental 20 the purposes OF 4
his corporation, and TO possess the same pow /
rs IN suea respects as private individuals /
low enjoy; to manufacture, purchase or other /
wise acquire. 10 hold. own, mortgage. pledge |
ell, assign and transfer or otherwise dispose I
u. 10 invest, trade, deal IN and deal with.
FOODS. wares and merchandise. and real and |
PERSONAL property Of every class and descrip-
ION: and IN particular lands buildings. bus
ness concerns and undertakings, mortgages
mares. stocks, securities, concessions pro
luce, policies, books, debts and claims and
my interest IN real personal property /
M any claims againsr such property or
SainSt any person or company, and 10 carry
II any business, concern, or undertaking so
cqulred' 70 acquire the good will, rights and
ropeTty, and 10 undertake the whole or any
art OF the assets and liabilities OF any per
on, hrm, association or corporation and to |
ay Tor same IN cash, stock, or bonds of this
orpoEaton or any Other in which IL NAV
c interested. or otherwise: TO acquire hold |
Sc sell assign, lease, grant Licenses in re-
pec' o. mortgage or otherwise dispose OF |
Slters patent OF the United States or any
IL
enses ana privileges, inventions. improve.
4enls ana processes, trade marks and trade
aneS, relating 10 useful in counection !
'ith any business OF this corporation. 10 en-. !
'T ihto. make, perform and carry OUT con.
TaCis OF every kind for any lawful pu-nose
'IIIiOul ilinlt as 70 amount with any person.
IHl association or corporation: 10 carry or
ny other lawful business necessarv oT IN
luehIal 10 the foregoing, which the corpora.
oH may deem proper or Convenient TO he
arrled on IN connection with arv OF the forr
olng purposes or calculated directly or in
lIeS.y 70 promote the interest OF the cor
Grafton, or TO enhance the value of its nron.
II anu 20 nave and enjoy, and exercise
II me nights, powers and privileges yvb;cb
re now or which may hereafter be confe--sd
p1h pI corporations organized under the zen
anized. 'H''oi4 - oI-
Article. Iv.-The total amount Of n. o,o
"a SUCK OF ms corporation IS hereby fixed
= SnS on sum OF seventy thousand dollars (s7n
SeoI' GVued INTO seven hundred (7nO)
iares OF one hundred dollars (slOOOm e.cS |
Z SAID stock three hundred and fiftv sbsre.
~ shalI be preferred stock, and the hal.
nCS S three hundred and ifty (35O sbsres |
IdIl Oe common or general stock Said ne
% %.IIeu STOCK shall entitle the holder thereof - |
..eelVe OUT OF the net earnings a fixed vear1
III SiIiiuulstive dividend of six per cer,u-, |
'aoie % annually, before any dividend shall
e SCI apart or paid on the common s,ocl, |
Iter the payment of the six per cer, H. -
.nu 20 tne preferred stock such porr;or, ~
le surplus lett as the board of directors sb.ii
I'noIiLe snail be paid 10 the common stori.
= 70 zen per cent, and when the p-rfer-eG !
- - snali nave drawn six per cent and ~
.,,J -. stoSk s. zen per cent, IN any one div.
:, e,y,,,,., II mere IS any surplus left of the :
!, earnings, the same may be divided .o,,.IJ IL
tween the D. sfer-ed and c,-,.,. - NfeoAAS 7