Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1916-06-25


: on general corporations and a,tt lo..oiftd
! them by the provisions " he M, 20 'n 10
| Mexico the said corporation shaN b, "eN
may exercise AMONG other The r,9,, Sld
powers and rights. @'hs
(al TO purchase hold soa. ,Dprov.
or lncumber real estate or ,rs'Vfe
property or any interests an s SuHsl
therein either within on ,s4tb,,,,s 'SnN
State Of New Mexico. me
OBJ To mold, purchase IN. oo,,...,-
acquire 10 sell assign, transfer t,n. ss
gage pledge or Otherwise dispose ~
shares OF the capital stock. Monde ".
other evidences % indebtedness cres,ag
by any other corporation or eor, isea
tons. and while the holder AZ srt
stock 10 exercise all rights and nrl,.N
eyes OF ownership. including the rie,.
30 vote thereon to the same e,,art A."
4 natural person might or comb 40 y"
(cl TO make. enter into ano 80,
contracts Of every kind and oharac,aS
sealed and unsealed. with inditiSnaf.
firms. associations and Corporation,
private. public ana municipal nd
bodies polite and with the 1,overDr. a'.a
Of the United States and Of any s's.,
or Territory, or colony or district tbsrs,
OF ana with any foreign oountr,
IL.
The amount Of the total authorized e,,
ital stock Of the corporation Is pweht,
Thousand dollars TS20,000 90 which cot
stock is divided into two hundred sbarss ~
the par value Of one Hundred doiio,
tSi00nJ each. The capital stool, shan l.,
divided iuto two easses-oommon snA
preferred stockton THOUSAND dalIsps
(SI0cl.c0) Of the stock being common ard
Ten Thousand dollars tSl00O00ol treferred
All dividends earned and declared by ssls
corporation shall be applied upon the urs
fsrred stock, not exceeding however, No,
cent annually, and all additional diIidehds
earned and declared shah be applied upon
shall not be entitled to vote at any NJ
the elections or Stockholders meetings held
by the company but the sole maraslnr
power Of the corporation shah be In The
hands of the holders OF the common stock.
"
The names and postoffice addresses ~
the incofporators and the number Of SHARES
Of common stock subscribed for by each
ms follows:
Joseph II oRielly Albuquerque, y. NJ.
rs shares.
share.
wilson G Keim Albuquerque \ M.i
share.
The aggregate Of which Is Ten rhous
ana dollars 100000 which ia the amount
Of capital stock with which this corpora.
ton SHAH commence business.
The time for which this corporation is
to exist is fifty years from and after ts
Incorporation
VII.
The number Of its directors shall be not
less than three and not more than five az
the stockholders may by the bylaws d.
rect, and the names and residences OF the
directors who are appointed for thu first
three months and until their SUCCESSORS are
regularly and duly chosen by the stock
holders are as follows
Name. Addresses
Joseph II. o'Rielly. Albuquerque. N NJ
Effie ORelly, Albuquerque, y. N
Wilson G. Kelm, Albuquerque n. III
VIII.
In furthcrance, and not IN Limitation Of
the powers conferred by statute. the Board
Of Directors OF this corporation are au.
thor1zed:
(a) To hold their meetings and have
one or more offices and keep the books
of the corporation within or Except
as otherwise provided by statute) with
out the State OF New Mexico AZ such
places as may from time 10 time be
designated by them.
% To determine from time 10 time
whether and if allowed, under what
conditions and regulations the accounts
aud books OF the corporation shall be
open 10 inspection Of the stockholders
and the Stockholders rights in this re-
spect are, ana shall be restricted and
limited accordingly; and no stockholder
shall have any right to inspect any az
count or book or document Of the COZ
poration except as authorized by the
bylaws or by the Board OF Directors
but this provision shall not be con,
strued as in conflict With any positive
provision Of the statute
tcl TO make, alter, amend and re-
soind the bylaws Of the corporation
and to fix determine, from time To
time and vary the amount to ha r.
served as working capital and 70 de-
termine the times for tho declaration
and payment ana the amount u each
dlyidend on the stock, and to deter
mine and direct the use ana dispose
ton of any surplus or not proflis ana
10 authorize and cause to be executed
mortgages and liens and all other H.
strumentB affecting the real and per-
sonal property Of the corporation
I'D To authorize one or more Of theif
number to constitute I'm executive COM
mittee which committee shall for the
time being and until said resolution
he rescnded or the bylaws otherwise
provide, have and exercise all the pow
ers of the Board Of Directors which
may he lawfully delegated, in the mar
agement Of the business affairs o. the
corporation and shall have power 20
authorize the seal OF the corporation
to be affixed to any and all papers re-
curing seal.
(e) Whenever authorized by the az
firmative vote Of the holders OF ma
standing at q stockholders meeting
duly convened and called, TO sell, as
Sign transfer otherwise dispose Of
all the property including the fran
chise or franchises of the corporation
as an entirety.
% The Board Of Directors ard Ex'
eeutive Committee shall except as
otherwise provided by law, have pow
er 10 act by resolution in wriuhs,
signed BY all the members OF the boalp
of Directors or OF the members OF we
executive or other committee and hieo
and inserted IN the recorded minutes
of the company and properly da'e"'
and such resolutions so signed ana 40,
nexed to the minutes shall be de'lheu
the action Of such Board or COMMUNE
as the case may be. with the saiAs
force and effect as II the same hsn
been duly passed by the vote OF me
members signing the same N rtgulS'
~ convened meeting.
go A majority Of the Board OF ~
rectors shall he necessary for quorum
for the transaction OF business uh"
such majority must include the uiee
tors owning, or by proxy represehuhs
a majority OF the stock OF said coipVi
alton issued ana outstanding
TX.
The stockholders Of said corporation ~
euar or special meeting properly caileu
accordance with law or the provisions
'reof may alter or amend the py."nn
this corporation and majority u 'r
pital stock Of said corporation issued alu
tstandng must be present or rtpreset.
by proxy. at any meeting Of the s'oeh
ders in order to constitute qu"u"
ereof and said stockholders may py leso
ton duly adopted at such meeting feinp'e
' director or officer Of the Corporate"
d elect a successor to fiji ont the uneA
ed term of said director or Officer;
y WITNESS WHEREOF we have hst'
to set our hands and seals this lQlh us'
June 1916
R STAMP 10c)
T. IT. o'RETf.tY seal
EPIrIE DREIr.f4Y tSeall'