Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1916-01-28


loo. az principal agent, coatracior uns.ea
or Otherwise.
,hl 70 purchase hold sell 81 oth.s
wise dispose Of. deal IN or improve op,pa,.
or incumbcr real estate, mines or mining ~
other real or personal property or anv ~ ~,
interests or rights therein. either VIM. "a
without the state Of New Mexico, and -
assume or agree 70 pay the debts or Ia
bilities Of any person. firm, or associate,
or corporation and acquire any other bns
incsses with the good Will and an other
rights and privileges incident therct, In nv.
manner and to like extent as an indi,i6ns5
might do except far as prohibited ~,
express provisions OF law to general busi.
ness corporations
tcl To hold. purchase or otherwise a
quire to sell, assign. transfer morfuaoo
pledge or otherwise dispose Of shares az IN
capital stock, bonds, or other evidences n
indebtedness created by any other corpora.
ton or corporations and while the holde,.
of such stock 10 exercise all rights and
privileges of ownership. including the right
To vote thereon to the same extent as ,
natural person might or could do.
(d) To make, enter into ana execute
contracts Of every Kind and character sealed
ana unsealcd. with individuals, firms as
sociations and corporations private public
and municipal and bodies polite and with
the Government Of the United States and
Of any state or Territory, or colony ar dis
trict thereof. and with any foreign country
(el To acquire, own and hold Its own
ntock or stock in other corporations
W
The amount Of the total authorized can.
ltal stock Of tho corporation Is one Hun.
bred Thousand Dollars $500 100000 which
said stock is divided into one Thousand
shares of the par value Of one Hundred
Dollars $1,000 each
The names and post-offiee addresses az
/ H. a,I tf,.. 49,.
Of stock subscribed for by each are as
follows. Number Of
Name-post office Shares
Jacob Korber Albuquerque. y. Ma
Albert =. Korber Albuquerque. n NJ Ia
Roy NJ Bail, Albuquerque. ". MID
Robert A. Bledsoc. Albuquerque, y. NJ 10
The aggregate Of which is Eight Thousand
Dollars (Ss. 100000 and which is the amount
Of capital stock with which this CORPORA.
ton shall commence business
The time for which this corporation is
to exist is fifty years from and after fits
Incorporation.
The number Of its directors shan be not
/ less than three and not more than five as
the stockholders may, by the bylaws di-
| rect ana the names and residences Of thu
| Directors who are appointed for the first
three months and untIl their successors are
regularly ana duly chosen by the stock
| holders are as follows
Names Addresses
Jacob Korber. ........ Albuquerque y. NJ
Albert L. Korber. ,....... Albuquerque, \. IT.
/ Roy NJ Ban .......... Albuquerque, n. NJ
VIII
! In furtherauce. and not in limitation Of
! the powers conferred by statute, the Board
Of Directors of this corporation are author
| ized.
ta) To hold their meetings and have
I .ff baai
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 time to time
whether and IL allowed under what cond-
tons and regulations the accounts and
hooks 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 accordingly.
and no stakeholder shall have any right to
inspect any account or book or document Of
the corporation except as authorized by the
/ bv-laws or by the Board Of Directors but
this provision shall not lie construed as in
conflict with any positive provision Of the
statute.
fo) To make. alter. amend and rescind
tho bylaws Of the corporation and to fix.
determine. from time to time. and vary
the amount to be reserved as working cap
ital and to determine the times for the
declaration and payment ard the amount
tarmtna ana direc, The usa and dlsposition
~ ms, .,1rnl,,s al. NOT nroftte and Ia author.
ize and cause to be executed mortgages and
liens and all other instruments effeetins
the real and personal property Of the cor
porHtion.
tdl Whenever authorized by the affirm
,i,e ,ota ~ ,he holders 81 n ma iority Of
~ otoct issued and outstanding at n stock.
bnldere. ,neetinp duly convened and called:
10 ell assign transfer or otherwise dis
&c - ali ,ba nrnnertv Including the fran
! n,,fsa ~ e,onchisas Of The eornoration az an
.ntiretv
20, To outhorize ono or moro of their
r,,n,ho,' 10 constitute an executive committee
which committee shall for the time being
ana until said resolution be rescnded or
~, - o,har,,tsa nra,ide have and
eSercisa al The mowers OF the Board OF
nlractrrs which may be lawfully delegated
In tho management Of the business affairs
~ The corporation and shan have power
IA authorize the seal Of the corporation to
ho afftxcd 70 anv and All napers requiring
a seal
ff1 The BOARD Of Directors and Exeeu-
,tvn c,nnnittee shall except as otherwise
nrovided Inv law. nae power to act by a
rrsolution in writing signed by all the
,nsubers Of the Board Of Directors or Of
~, ,,,a,,hers nf me executive or other COM
mittee and filed and inserted In the re-
narded ,nin,,es of the company and prop
nrIv datad. and such resolutions so signed
and annexed to the minutes shall be deemed
M arfion Of such Hoard or Committee as
ne case may be. with the same force and
rfact as II tho same had been duly passed
h., he vote Of The members signing the
qame nj n regularly convened meeting
1a1 4 majority of the Board Of Direct
ors shall he necessary for a quorum for the
,rapsactton of business ana such majority
must incInde the directors. owning or by
urnxv. representing a majority OF the stock
~ said eornoration issued and outstanding.
~ .Aa..a - .,oet, In nther c0rpara-