The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-08-04


CnJ TO carry out all or any part OF
the s,re going objects ~ principals OF
agents, or in conjunction with any
other person. nrm, association or
company, and In any part Of the
world.
Coz To do all such things AZ are
Incidental or conducive TO the attain
ment OF the above OBJECTS.
In furtherance OF and not In lin
itation Of, the general powers confer
red by the laws OF the state OF New
Mexico. II - expressly provided that
this company shall have also the fol-
lowing powers:
To manufacture, purchase or other.
wise acquire. TO hold, own, mortgage.
pledge, sell. assign and transfer. or
otherwise dispose OF. 20 invest, trade,
deal IN and with goods, wares. mer-
chandise. lumber and property OF
every class and description.
To acquire the goodwill. rights
and property. n to undertake the
whole or any part OF the assets and
liabilities OF any person. nrm or as
ISOLATION or corporation without limit
az to amount, to draw, make. accept.
endorse, discount, execute aud issue
promissory notes. bills Of exchange,
warrants, bonds. debentures. and
other negotiable or transferable in
struments. as may be In the interest
Of this company and IN accordance
with the law.
To have one or more Offices TO
carry on all or any Of It's operations
aud business, and without restriction
Ia the same extent as natural persons
might or could do. TO purchase, or
other ise acquire. to hold, own, mort
gage. sell, convey or otherwise dis
pose OF. without limit as 10 amount.
rtai and personal property Of every
ciass and description In ans state or
territory OF the United states and In
any foreign country or place.
In general. TO carry on any other
business In connection herewith.
whether manufacturing, mining or
otherwise, and with all the powers
conferred by the laws OF the state of
New Mexico upon corporations under
the laws thereof.
II IL the intention that the objects
inc powers specified. and clauses
contained In his second article. shall.
except whore otherwise expressed IN
said article. be nowise limited or re-
stricted by reference TO or Inference
nom the terms of any other clauses
OF this or any other article or para
graph In this charter. but that the
oi Jects specified In each o the clauses
~ this article shall be regarded as
independent objects.
ARTICLE III.
The capital stock Of his corpora
ton shall be Fifty Thousand (f50.-
O00.) dollars, divided INTO Five
Thousand (5.00O) shares OF the par
value Of Ter (s1O) dollars each,
which shall be paid for at such times
aud in such manner as the board Of
directors may designate. All or any
portion OF the capital stock may be
ISSUED In payment for real or person.
al property, services or any other
right or thing OF value necessary for
or incidental to the advancement OF
the Interests and purposes OF the corr
poratiOn. and when 50 issued shall be-
come and be full-paid. the same as
though paid for In cash at par: and
h directors shall be the sole Judges
of the value OF any property. right
or thing acquired In exchange for
capital stock. No shares OF stock
shall be issued until fully paid for in
the manner and at the price pre-
scribed by the board Of directors.
THIS corporation shall commence
business with a paid up capital oi
Two Thousand $4,000 Dollars.
ARTICLE ~.
The names and addresses OF the IN
c~orporators OF this company. and the
number of shares Of the capital stock
subscribed for by each. are as fol-
lows:
\. p. Gibson. Albuquerque, New
Mexico, one hundred shares; l.. T.
Carson. Albuquerque. New Mexico
ninety shares. me Joseph McNutt
Albuquerque. New Mexico. ten shares
making a total OF two hundred shares
OF the value of Two Thousand
Cs2,OOO) dollars.
ARTICLE v.
The commencement OF this corpor'
alton shall be the day these articles
are filed In accordance with law. and
1t shall endure for the fun terms ol
twenty-five years thereafter. with IN,
pIlNlltkt OF ltiptlual hhfNthNluH az
is provided by Jaw,
ARTICLE VI.
The affairs of his corporation shall
be conducted by a pOard of Director
and such other officers as the sal,
board of directors may elect or APP
point. The number of directors shall
be designated by the bylaws ant
shall be elected from among tn
~stockholders' at their annual meetinl
TO be held on the first Monday II
December Of each year.
Until the htst annual meeting q
the stockholders and until their sue
cessors have been elected and quail
fled, the following named person
: shall be the directors:
A.. =. Gibson. L. Il. Carson an
Joseph MgNutt,
ARTICLE VII.
. The highest amOun Of Indebted
To- ness or liability 20 which this corpoi
alton nay at any n time subjc,
. itself is Twenty Thousand 100000.
a Dollars provided, however, " the car
h ital stock shall IN the future az AN
e time be Increased according 10 lay
% an additional indebtedness on lilbi
ity may be incurred; but not 90 -
n 900 --#H