The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1916-03-11

I - NNNtfF VI NNNt " FNtVF' if'h W. -
each. are rs follows:
". e. Kelly. Kansas city. Mo. 90
shnrcs. Francis T.. Wood. Albuquerque,
y. ", one share. O. y. Marion, Albu.
qucrquc. y. NJ. one sha .. The aggrc.
gate ot which is Twenty-Five Hundred
Dollars ,s2, 10000, which is the
amount OF the capital stock with which
this corporation shall m bust.
ness.
The time for which this corporation is
'u oNis, II fifty years from and after
- Incorporation.
The number of i's directors shall be
no. less than three and not more than
| five. ~ the stockholders may. hv the
nv laws, direct. and the names and resi-.
dcncos of the directors who ARE appoint
ed for the tirs, three months and until
their successors are regularly and duly
chosen by the stockholders are as fol-.
lows
". G. Kelly, Kansas City. Mo, Fran.
els H. Wood, Albuquerque, n. NJ, q. y.
Marion. Albuquerque, y VI.
VII.
In futthrtnncc. and not in limitation
of the bower conferred by statute. the
board of directors of his corporation
are authorized
ta) To hold their meetings and have
one or more Officers aud keep the books
of the corporation within or except ns
! otherwise provided 10y statute without
| the state OF New Mexico ~ such places
as may from time io time bc designated
10y them.
do To determine from time to time
" whether and IT allowed. under what con
ditiuus and regulations the accounts and
books ut the corporation shall be- open
&" inspection of the stockholders and
the stockholders tights in this respect
re, aud shall be, restricted, and limited
accordingly: and no s~tockholdc" shall
have any right 20 inspect any account
ur book or document ui the corporation
except a. authorized 10y the 10y laws or
hy the Board OF Directors but this pro.
vision shall not be- construed ~ IN con
ilict with any positive provision ot the
statute.
tcI To make. alter. amend and re.
scind the hy laws of the corporation
land tu fiN. determine. from time ia time.
and vary the amount to b" reserved as
working capital and go determine the
1 NNNNfH w Nhf Y lNNlNNFh hN4 NN NV w
and the AMOUNT 81 each dividend on the
stock. and To- determine and direct the
~, and disposition OF any surplus or
net profits aud t. authorize ana AUS,
80 be- executed mortgages and liens aud
an other Instrument. ctfcctiug the real
aud personal property OF the corpora
tiop.
I'd Whenever authorized hy the at
iItma,tvc vote oi the holders of q ma
iori,y ut the stock issued and uuts,uud.
my az a stockholders meeting duly con
ycucd and called; 80 sell, assign, trans.
Ter OF otherwise dispose of all the prop
rtty including the franchise or fran
chi,cs OF the corporation as an entirety.
Iv| 10 uuthouZ" one or more ui their
number To- constitute an executive com.
mite, which committee shall for the
time being aud until said resolution bc
rrsriudcd or the 10y laws otherwise pro.
vide. have ana exercise all the powers
of IA, Board of Directors which may hc
lawfully delegated, m u" management
of III, business affairs of the corpora
tuu to be affixed 10 any aud all papers
ton aud shall have powc TO nuthoUlc
the seal OF the corporation 10 toe affixed
tu amy and all papers requiring a seal
IT. The Board of Directors ana Ike.
,utiNc Committee shall. except a. other.
WISE PROVIDED by Law, have power to
act bN q resolution Iu writing, signed
hy all the members of the Board -; ID.
fcytor- OF of the members oi the rNccu.
uN, OF other committee aud filed aud
inserted IN the recorded minutes of m.
company aud property dated, and such
resolutions so Signed aud annexed TO the
minutes shall bee deemed the action OF
such Board or Committee rs the cas-,
may be-, with the same force and effect
a.. % the same had been duly passed 10y
the vote of the members signing the
same at q regularly convened meeting
Z \ majority oi the Board ui ~.
frrtur- shul be necessary for a quutum
tor the transaction ut business and such
majority must include the directors
owning, or Icy pfuAN, representing, q
majority of the StOck of SAID corpora
uuu ISSUED and outstanding.
"a Shares of stock IN other corpora
tons, held 10y II m It's " right or %,
trustee or otherwise may be counted
and voted ~ any stockholders mcciinl
800 such manner as the directors Toy rcso
luton shall order.
~.
The stockholders ui SAID corporation
Ia regular or special meeting, properly
called m accordance with law or tn,
provisions hereof, may alter or amend
the ny laws OF this corporation and q
inaIouty of the capital stock of said
corporatiou issued and outstanding mus,
be present, or represented hy proxy. az
luuN meeting of the stockholders Ia
|ordrr :" constitute q quorum thereof
land said stockholders may hv resolution
duiN adopted az such meeting remov,
any directors cor office of the corpora
tion aud elect Il successor to fill out ,h,
%uucNr lred term of said director or of
iir,t.
la Witness Whereof We have hcrcunt,
set our hands aud seals this 2lst day OF
February, lalo.
". &. KELLY lScal|
FRANCIS l.. WOOD (SrnlI
4 O. y. MARION tScal.