Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1916-05-13

less than three and not more than five.
as the stockholders may. by the bylaws d.
rect, and the names and residences OF the
Directors who are appointed for the first
three months and until their successors are
regularly and duly chosen by the stockhold-
ers are as follows
Name Addresses
w T. Mnrphey Albuuuerque n NJ.
Finley Van Orsdall Albuquerque, N M.
j. &. kugler Albuquerque, N NJ.
Ia furtherance and not In limitation Of
the powers conferred by statute. the Board
OF Directors OF this corporation are authors
lied
ta) To hold their meetings and have one
or more office and keep the books of the
corporation within or texcept as otherwise
provided by statute) without the state OF
New Mexico at such places as may from
time TO time be designated by them.
90 To determine from tlmo to time
whether and IL allowed, under what condl-
lions and regulations the accounts ana
books Of the corporation shall be open to
inspection Of the stockholders and the
stockholders rights in this respect are. and
shall be restricted and limited accordingly;
and no stakeholder shall have any right to
inspect any account or book or document IL
the corporation except as authorized by
the by-laws or by the Board Of Directors.
as In conflict with any positive provision
Of the statute
(c) To make alter, amend and resclnd
the bylaws of the corporation, and 10 fix
determine, from time to time. and vary
the amount to be reserved as working capl-
tai and to determine the times for the
declaration and payment and the amount
Of each dividend on the stock, and TO deter
mine and direct the use and disposition OF
any surplus or net profits and TO author
t.. IL. as
and liens and all other instruments affect
ing the real and personal property of the
corporation
Id To authorize one or more Of their
number 10 constitute 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ing and until said resolution be rescinded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 Di-
rectors Which may be lawfully delegated. d.
the management Of the business affairs Of
the corporation and shall have power TO
authorize the seal of the corporation TO be
seal
(e) Whenever authorized by the affirma-
tive vote of the holders of n majority Of
the stock issued and outstanding at a
stockholders meeting duly convened aud
called; to sell, assign, transfer or otherwise
dispose Of all the property including the
franchise or franchises Of the corporation as
an entirety.
~ The Board OF Directors and Execu-
tive Committee shall, except as otherwise
provided by law. have power to act by a
resolution in writing, signed by all the
membe Of the Board Of Directors or of
the members of the executive or other conf
mittee and filed and inserted in the re-
corded minutes Of the company and prop
erly Dated and such resolutions signed
and annexed TO the minutes shall be deemed
the action of such board or committee, as
the case may be- with the same force and
effect as IL the same had been duly passed
by the vote of the members signing the
same at a regularly convened meeting
(g) A majority Of the Board of Directors
shall be necessary fer a quorum for the
transaction Of business and such majority
must include the directors owning. or by
proxy representing. majority of the stock
OF said corporation issued and outstand-
ing
The stockholders or said corporation in
regular or special meeting. properly called
in accordance with law or the provisions
hereof. may alter or amend the bylaws of
this corpora ton and a majority of the capt.
tai stock Of said corporation issued and out
standing must be present, or represented by
Proxy, at any meeting Of the stockholders
In order 10 constitute a quorum thereof. and
said Stockholders may by resolution duly
adopted at such meeting remove any direc-
tor or officer OF the corporation and elect
of said director or officer
IN WITNESS WHEREOF We have here
unto set our hands and seals this Nth day
OF March. 1916
W. T. MURPHEY. (SEAL.)
FINLEY VAN ORSDALL (SEAL.)
j. F. KUGLER. (SEAL,)
q. i. Stamp loci
State Of New. Mexico, County of Bornalillo,
IS
on this nth day Of March 1916 before me.
the undersigned. a Notary Public in and for
said county, personally appeared w. r.
Finley Van Orsdail and j. r.
Kugler. to me known to be the persons
described in and who executed tho fore
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 March 1916
VIOLA A. JONES,
(sEAh) Notary Public.
NY commission expires September g. 1919
Endorsed: No, SEA, Cor. Reed. Vol G.
rage 3i5, Certificate OF Incorporation OF
Tie Murbhey sanitarium. Filed In Office of
state Corporation Comm sslon OF New Mex
leo Mar b. 1916; $3.50 A. NJ Edwin +.
Coard, Clerk.
Compared tbs to ETC
INDEXED.
state Of New Mexico, County Of Bernalillo.
S.
This instrument was filed for record on
the 18th day Of March 1916 at 1856 o'clock
p. NJ Recorded In Vol CO. Mise OF Rec
ords Of said County, Folio iS9.
A. e. WALKER,
tsEAL) Clerk and Recorder
conl.pd G. W. to NJ w