Western liberal. (Lordsburg, N.M.) 1887-1919, 1916-11-17

shares OF preferred stock held BY
them, 10 be cast az any stockholders
insetlng. Rucf voting power 70 cone
she dividends so IN arrears shall have
cen paid a. which time the voting
loWcr shall be again removed from
such preferred stock 20 be again re-
stored upon a similar default. The
preferred stock issued BY the company
hall have a preferred and prior claim
may be redeemed BY the company at
any time after January 30, 1913, upon
the payment to the holders of each
share % the sum OF hundred and
ten dollars and the payment Of all OF
the guaranteed dividends which may
have accrued up to the thirty first OF
December Of the year preceding such
ton IS made after the FIRST OF July the
dividends for the current yea hall
also be paid. h company shall com
hence business with a capital OF two
thousand dollarc 20 be represented by
two hundred shares Of its common
capital stock which have been sub
scribed by the persons signing this
certificate as hereafter stated.
Fifth: The names and postofice Rd-
dresses OF the lncorporators and the
number OF shares OF the common cap
ltal stock Of the corporation subscribed
for BY each, are as follows;
James P Porteus, Lordsburg. New
Mexico. 16 shares.
Faris V. Bush, Lordsburg. N. NJ, ]
share.
Thomas A.. Lister. Lordsburg. N. 81.
l share.
e. +. Lamn. Lordsburg. N. NJ, ! share.
n. J.. Scott, Lordsburg. N. NJ, / share
Total. 20 shares.
sixth: The corporation shall con-
tinue ita corporate existence for the
period OF nifty 800 years.
Seventh: The corporation shall be
managed BY its board OF directors who
shall be hve In number. elected annu-
ally by the stockholders at the annual
meeting which shall be held at the
time fixed by the laws Of the company.
irh board Of directors shall have full
power and authority to manage n
alton. naming and appointing its on
GERS and agents and fixing their
powers and obligations. The first
ooerd OF directors who shall serve
shall be composed of the following per-
sons: Messrs. James p. Porteus, Faris
V. Bush, Thomas A. Lister, L. +.
Lafiin and n. J. Scott.
Eighth: The by laws OF the corpor-
alton may be adopted by the board of
directors subject to alteration by the
stockholders at = meeting called Off
Ninth: h corporation reserves the
right to amend. alter or change any OF
the provisions OF his certificate OF In
corporation In any manner that may
iorfhs. furnaces, sawmills, crushing
'e permitted by the statutes OF the
state of New Mexico and all rights
conferred upon any holder of stock I'M
der the terms OF This instrument are
granted to and accepted by such holder
subject to this reservation.
IN WITNESS WHEREOF we have
hereunto adixed our signatures and
'eals In the City Of Lordsburg, New
Mexico this twelfth day OF October, A..
ID. 1915.
James p. Porteus CseaD
Faris V. Bush (SeaD
Thos. A Lister (SeaD
N. j.. Scott (Seal)
=. +. Latin (SeaD
state OF New Mexico, County of Grant
SIS.
On this fourteenth day of October,
A. ID. 1916, before me personally ap-
peared James p. Porteus. Faris v.
ush, thomas A. Lister, N. ]. Scott and
y. +. Laffin, TO me known to be the
persons described In and who executed
the foregoing instrument and acknowl-
| edged that they executed the same as
their free act and deed.
In witness whereof ave hereunto
set my hand and affixed my ~notarial
zeal this fourteenth day of October,
\. ID. 1915.
Robert ". Reynolds,
| tNOTARIAL SEAL) Notary Public.
My Commission Expires March s,
1917.