Sierra County advocate. [volume] (Kingston, N.M.) 1884-1960, 1917-12-28

all the rights. powers and privigeles
Of owner hip, in,udi,g the right to
vote thereon, to the same rx.ent as
natural p rsons might or could do.
To enter into, make and perform
con,rscts of every kind with any per-
son, firm, ass citation or corporat on,
municipality, body polite, county, ter
ritory, state, government or colony or
dependcy hereof. and without limit as
to amount to draw, make, accept. en-
dorse, discou t, execute, and issue
promissory notes, drafts, bills of ex-
change, warrants, bonds. debenLures,
and other negotiable or transferable
nstruments and evidences of indebet-
ness whether secured by mortgage or
o. herwise, as well as to secure the same
by mortgage or otherwise.
To conduct usiness in any of the
states, territories, colon es or depen-
dencies OF the United Stat S, in
the District of Columbia, and in any
and all ioreign countries; to have Que
or more offices therein, and therein to
hld, purchase, .sol tgage, AID convey
real and personal property without inn
it as TO amount, and therein to hold the
meetings OF Incorporators, Stcckhold-
ers and Directors of this Corporation.
To do any or all Of the things herein
SIT forth to the same extent as natural
persons might or could 10 and In any
part of the world, as principals. aaeuts,
contractors t.ustees, or otherwise, and
either aioi e'or in company with OH
els.
To purchase, hold and reissue any Of
the shares of its capital stock.
IN GE >ERAL to carry on any other
business in co nection therewih, not
ferbidden by the laws. of the State of
Delaware, and with all the powers con-
ferred upon corporations by the laws of
the st te of Delaware.
Fourih.-The smounto O. the total au-
tho, lied capital stock of this corp r.
alto Is One Mill N Dollars ($1. 000,-
600. 00) divided intl Que Million d.
000. .000) shares. of the par value of
One Dollar .(sl.OJ) each.
| All Of the stock o. this corporation
shall be common stock.
The 4.amolI~t -sf.aap tai stock with
which this corporation will commence
| business is Oi.e Thousand Dollar~.
Fifth. The names and places OF
residence Of the subscribers to the
| first one thousand dollars of the capi-
tai sso are as follows:
RESIDENCE.
Name--James r.. Boone, Eairview,
New Mexico, 6UO shares.
Name--Jos. Oliver. Fairyiew. New
Mexico, 200 shares.
ame-Wm. S. Grimes, Hot Springs.
New Mexico, 200 shares.
Sixth h existence of this corpor-
alton 1, to be perpe ual.
seventh : Ths private property OF
the stockholders shall not be subject to
the paymenl of cor, r,orate debts to any
extent whatever.
Eighth. The Directors shall have
power to m ke aeo to al er or amend
the bylaws; to fix the amount to be
reserved AS workii & capital, and TO au-
thorize and ause - b executed boz ds,
mortgages and liens without limit as
to omount up u the properly ami fran.
chises OF this corporation.
With the conscent in writing, and
pursuant TO a vote of the hold, rs
of 81 per cent. of the Capital stock
Issued and utstandii z, the directors
shall have authority to dispose, 10 any
ma nrr, Of the whole property OF this
Corporation.
lhe bylaws shall determine whether
and to what extent the accounts and
books of lhs cor, grafton, or any of
them, shall be open to inspection Of
| the stockhol ers; d no stock
holier shall haveany right of inspect
| ing any account, or book, nr document
of this corporotion. exc pit as confer
i ed by law or the bylaws, or by reso-
lution OF the stockholders.
The Directors shall have power by
resolution passed by majority vote of
| the whole Il ard, under suitable pro-
vision of the bylaws. to desiRnate two
or more of their number to constitute
an Executive Committee, whirh conn
mittee shall for time being. as pro-
yided in sail res luton or in the by
| laws, have and exercise any or all the
powers of the Boaid of Directors which
may be lnwlully delegated in the man-
agement of the business snd affairs of
the corporation, and shall have power
to authorize the seal of the said cor
poraipn to be affixed to all pspera
wnien may require 1t.
This corporation reserves the right
to amend, al er, change or repeal any
provision contai ~. in this Certificate
of Incorporaiian, in the manner now or
hereafter prescribed by the statutes of
] the State OF Dsiasa are, and all
tights conferred on officers, directors
and stockholders he Elm are granted
subject t. this reservation.
1t is the int nt,on that the objects,
I purposes and powers specifi d In the
ehird para raph hereof shall, except
where otherwise specified in sa para
graph, be nowse limited or restricted
i by referencr to or Inference from the
i terms of any other lause or para
sraph in this Certificat. OF Incorpor-
alton, but that the objects, purposes
and powers specified in the third para
graph and in each of the clauses or
paragraphs of this charter shall be re-
garded as independent objec's, pur-