Weekly journal-miner., 1917-04-11
disqualification which might otherwise

department store DuSlncSS ana i've ana ten cent store business.
 (3) To carry on all or any of the bus. nesses of dry goods merchants, cloth
 manufacturers, furriers, haberdashers, hosiers' manufactures, import CTS. wholesale and retail dealers of and in textile fabrics of all kinds; millners, dressmakers. mantua makers. tailors matters. clothiers, furnishers. outfitters. glovers, lace manufacturers. feather dressers. boot and shoe makers: manu- lecturers and importers, and wholesale and retail dealers of and ;n leather goods household furniture ironmongery. china and glassware ,crockery and other house. hold fittings and utensils. ornaments. bric-a-brac, stationery. notions. toys and fancy goods; dealers in meats and pro- visions. drugs. chemicals and other arti- cles and commodities of personal and household use and consumption; and gen. orally of and in all manufactured goods. materials provisions and produce.
 (4) To buy. sell. manufacture, repair. alter and exchange. let on hire. export and deal in all kinds of articles and things which may be required for the purposes of any of the said businesses, or commonly supplied or dealt in by persons engaged in any such business es, or which may seem capable of being profitably dealt with in connection herewith.
 () In furtherance, and not in hmita- ton, of the general powers conferred by the laws of the State Of New fork and of the above stated purposes, IL IS Company shall have the following further and additional powers, that is to say: .t-,-,
 (aJ As principal. agent, commission merchant or consignee to acquire. by purchase or otherwise. own. hold, take on lease or in exchange. mortgage. lease: sell or otherwise dispose or any ana all real and personal property, rights and privileges. suitable or convenient for any of the purposes or businesses of the Company. and to acquire. by purchase or otherwise own, hold. lease, mortgage sell or otherwise dispose Of. erect, con struct make, alter. enlarge, improve, and to aid or subscribe toward the con- struction, aucuisition or improvement or any factories, shops, store-houses, buliu, ings and manufacturing and commercial establishments of every character. ih- ciuding all equipment, fixtures, machn- cry implements and supplies necessary or incidental to. or connected with. any of the purposes or businesses or the Company.
 transfer mortgage, pledge, or otnerwise dispose of the shares of capital stocH or any bonds. securities or evidences of indebtedness of any corporation. do- mestic or foreign. and to pay theretos (in whole or in parD in cash or other property, or by the issue and delivery of the capital stock bonds or other obligations of the Company, or Of any other COTDOTdtlOh-
 1c1 In so far as not inconsistent with inc other provisions of this certificate to acquire from time 10 time. m OK, change for the shares Of the capitai stock of the Company, as the same may at any time now or hereafter exist. such property or shares or the capltai stock of any other corporation or cor, porations as the board of directors shaiI snch valuation as in the judgment of said board shall be fair and just;
 (dl To purchase. retire. redeem. hoid. reissue and otherwise dispose or the shares of stock. bonds or otner oonss tions of the Company in such amount. and in such manner and upon such terms as the board of directors may deem expedicnt except as herein other wise expressly provided and Tn so iar as may be permitted by law.
 (eI To acquire. purchase hold. use sell. assign. lease. mortgage. or other wise dispose of or turn to account iet ters patent of the United States, or ot any foreign country. inventions pat ents patent rights, licenses and prfv-- Ieges improvements. trademarks ant. trade names. or pending applications therefor or connected therewitn. cover ing in whole or in part any and all arti- cies manufactured or dealt in by. the Company. or relating to. or useiui m connection with any business tnat may at any time be carried on by the Coih- pany. .,.,,,,,, and issue promissory notes. bills or eH- change, bonds. debentures and other op- lisations, from time to time, TOT lh' purchase of property or Tor any PUT Company and to secure the payment or any such obligation by mortgage pledge deed of trust. or otherwise
 (g) To do any or all the things herein set forth and such other things as arc incidental or conducive to the attain ment of the above objects. to the same extent as natural persons might or could do. and in any part of the world sistent with the provisions Of said Business Corporations Law. l.,
 The purposes and powers speciien 't any clause contained in this Third Aru- cle shall. except where other"ise pressed in said Article. be in nowise limited or restricted by reference 10 or inference from the terms Of any other clause of this or any other Arucie U, this certificate. but the purposes ana powers specified in each of the clauses of this Article shall be regarded as in- dependent purposes and powers.
 Nothing in this certificate contained shall however. authorize the company to conduct any business other than mercantile or q manufacturing business
 Fourth-The amount of the total au- thnrized capital stock shall De slu;Vv' divided into 100 shares or the par value of slO0 each. of which S5.oOO consisting of 50 shares of slO0 each shall be seven per cent. cumulative preferred stock and the remaining 5000. consisting o1 E0 shares of SlO0 each shall be common stock The amount of capital with which the corporation will commence business is s2.0n0.
 (a) From time to time all said seven per cent cumula tive preferred stock and all said common stock may be issued in such amounts and for such purposes as shall be determined by the board of directors and as may be permitted by law.
 Cb) The holders of the preferred stock shall be entitled to receive. and the Company shall be obligated to pay. but only out of the surplus profits of the Company, cumulative dividends at the rate of seven per centum per annum. and no more payable quarter-yearly on the first days of April. July. October and January in each year. the hrst dividend being payable on April l. 1912, before any dividends shall be paid upon or set apart for the common stock. The dividends on the preferred stock shan be cumulative from and after January 1, 1912
 (cl The whole or any part of the pre- ferred stock may be redeemed at any time at the option of the board Of directors. upon three months previous written or published notice to the hold | CTS of record thereof. given in such man ! ner as may be prescribed by resolution | of said board. by paying therefor fin | cash Sl35 per share and all unpaid ac-
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