Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1915-11-22

one or more offices and keen the books Of
the corporation within or (cxcept as other
visa provided by statute) Without the state
nt New Mexico at such places as may from
time 10 time be designated 10y thcnA
tbl To determine from time TO time
whether and u allowed UNDER what con-
ditons and regulations the accounts and
books OF the corporation shall be open 20
inspection Of the stockholders and the
stockholders rights In This respect are, and
shall be restricted. and limited according
d.: and no stockholders shall have any
night 60 Inspect any account on book or
document of the corporation except as uu-
thorlzed by the bylaws of by the Board oi
Directors hut this prN;s.nn shall not Doe
construed as Ina conflict with amy positive
provisions of the statute
tol 70 make. after amend and rescind
the bylaws of the corporation ana 20 fix,
determine from time 20 time. and vary the
amount TO he reserved as working capital
and TO determine the times for the declare
ton and payment and the amount Of each
dividend on the stock, and % determine
and direct the use and disposition % any
surplus Of net profits and to authorize and
cause to be executed mortgages and Hens
and all other Instruments ctteeNng The
real and personal property ot the corpora
tion.
Cd Whenever authorized by tho affirm
alive vote OF the holders of q majority ot
the stock Issued ana outstanding at a
stockholders meeting duly convened and
called; 20 sell assign, transfer or other
wise dispose ot al the property including
the franchise or franchises OF The corpora
tlou AS an entirety
cd To authorize one or more Of their
number 20 constitute an executive commit
tee which committee shall for the time be-
ing and until said resolution be rescinded
or the bylaws otherwise provide, have and
exercise all the powers OF the Board of
Directors which may bee lawfully delegated,
ir the management o. the business affairs
OF the corporation and shall have power to
authorize the seal OF the corporation to be
affixed to any and an papers requiring q
seal
Q) The Board Of Directors and Execu-
tive Committee shall except as otherwise
provided hy law, have power 60 act by a
resolution In writing, signed by an the
members Of the Board OF Directors or o.
the members OF the executive cor other COM
mittee and filed and inserted IN the rec
corded minutes Of the company and prop
ory datod and such resolutions so signed
and annexed 10 the minutes shall be and
be deemed the action of such Board or
Committee as the case may be- with the
same force and effect .as II the same had
been duly passed by the vote Of the menu
bers signing the same at a regularly CON
vened meeting.
90 majority Of the Board of Dl-
rectors shall be necessary for quorum for
tho transaction of business ana such ma
jurity must include the directors owning
or by proxy representing, "a majority Of the
stock OF said corporation issued and out
standing.
(h) shares Of stock in this corporations
held By Il as trustee may be counted and
voted at any stockholders meeting In such
manner as the directors by resolution shall
order,
The stockholders OF said corporation in
regular or special meeting properly called
IN accordance with law or the provisions
hereof may alter on amend the bylaws OF
this corporation and a majority OF the cap.
ltal stock Of said corporation issued and
outstanding must be present, or represented
by proxy. at any meeting of the stock
holders In order to constitute "a quorum
thereof, and said stockholders may by res
( oluton duly adopted at such meeting re-
move any director or officer Of the corpor-
alton and elect a successor 10 I'LL out the
unexpirod term of said director or officer.
In Witness Whereof We have hereunto
set our hands and seals this fifteenth day
of November 1915.
LUZ c. MAzoN. (sEAL)
LEOPOLDO MAZON tsEALD
o. y. MARION. tSEAt)
internal Revenue Stamp. lHcl
state Of New Mexico County OF Bernaliuo
on this 18th day Of November 1918 be-
fore me, the undersigned Notary Public
in and for said County personally appeared
owen N. Marion, Luz c. Macon and Leo
poldo Mazon, Jr, to me known 10 be the
persons described In and who executed the
foregoing certificate and each seyerally
Acknowledged to me that they executed
the same as their free act and deed
In Witness Whereof / have hereunto set
my hand and affixed my official seal this
18TH day OF November 1915.
(SEAL) VIOLA A. JONES,
Notary Public, nernalillo County New
Mexico.
Ny commission expires Sept g. 1912
Endorsed; No. S3lj Cor. Reed, Vol @.
Page 500 Certificate Of Incorporation Of
Tie Macon Estate Incorporated Flied IN
/ office OF state Corporation Commission Of
New Mexico. Nov. lG. 1915: 91J a. m.
EDWIN +. COARD Clerk
Compared tbs 20 ETC.
fNDEXED.
/ state OF New Mexico, County Of BeTnallllo
-~ss.
This instrument was filed for record on
the i7h day Of November 1915. al 1870
O'Clock a m. Recorded in Vol "C' Misc.
Of Records of said County Folio 449
A. +. WALKER.
Clerk ana Recorder
Iy C. WALKER, Deputy Clerk
Compared CIV to NV