Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-05-21


to locate placer mining claims for oil and
gas under the laws of the United States or
Of any state or Territory Of the United
States; to acquire any and all equipment
necessary for the carrying out Of the ob-
iects Of the company and to pay therefor 10y
notes or other obligations Of the corpora
ton: to enter into contracts for the sink
ing or drilling Of wells for oil and gas on
either royalty division OF interest or cash
basis: TO remunerate any person or corpora
ton for services rendered or to be rendered
to the corporation in and about the torma-
ton or prom otlon Of the corporation or in
the conduct Of It's business.
FOUR
In furtherance and not in limitation OF
the powers conferred By statute. the board
Of directors are expressly authorized:
To make. alter amend and rescind the
bylaws of the company, to fix the amount
to be reserved as working capital to fix the
times for the declaration and payment of
dividends. to authorize and cause to he ex-
ecuted, mort cages and liens upon the real
and personal property Of the company; pro.
vided. always, that a majority Of the whole
board concur therein
with the consent In writing pursuant
| also to the holders Of majority Of the
stock issued and outstanding. at stock
holders meeting duly called for the pur-
pose, to sell, assign. transfer or otherwise
dispose Of the property Of the company as
! q
I the whole board concur therein
To appoint additional officers N the cor.
| poration including one or more vice urcs-
| dents, one or more assistant treasurers, and
| one or more assistant secretaries; and to the
| extent provided in the bylaws Of the com
| pany the persons so appointed shall have
| and may exercise all of the powers Of the
President, of the Treasurer and Of the Sec
| retarv respectively provided. however, that
all vice presidents shall be chosen from the
| directors.
| To hold their meetings. to have one or
| more offices and to keep the books Of the
corporation within. or, except as otherwise
provided by statute without the state Of
New Mexico, at such places as may from
! time to time I've designated by them
BY resolution passed by majority vote
|. Of the whole board. under suitable provi-
more more Of their number to Constitute an ex.
for the time being. as provided in such re-
solution or in the bylaws have ard exer.
else any or all powers OF the board OF al
rectors which may be lawfully delegated in
| the management of the business and affairs
of the corporation and shall have power ia
! authorize the seal OF the corporation to he
affixed to all papers which may require IT,
FIVE
| Tho corporation Is authorized to issue cap
ital stock to the extent Of Five hundred
f,yc bundled thousand shares of the par
value of one (sl O0) each.
| SIX
| The name and postoffice address Of the
incorporators and the number Of shares OF
| the capital stock subscribed for by each
| and the aggregate of which shall be the
amount with which the corporation shall
| commence business, are as follows;
Shares
| A. ]. lIrscl, Husboro, New
Mexico Observation-Disclosures, 1000 5 1000
| George C. Taylor, Albuquer-
que. n. Mex. ....,........ 100 100
| Homer c. Hirsch Ell Paso
Texas OBSERVATION-DISCLOSURES, 81, $50 81, go
J. D. Gauldin, El Paso,
Texas ....................3l, $50 $3.50
f. l.. Scarf, Jr. lei Paso,
| Texas ........,.,.........31 81 $50
| T. W. Prewett Nogalcs Ari-
iona Observation-Disclosures. 81 JO IL -dV
! ------ -------.--
Total ...,..,.........,.l26l 100 Sl26, 100
The time for which the corporation shall
! exist shall be fifty (5O) years
In witness whereof we have hereunto
| set our hands and seals. the said a. j
| Hirsch executing the same by his attorney
| in fact. Homer c. Hirsch, thereunto law
| fully authorized, and the said F. w, Prev
| EFT and the Il. l.. Scarf, Jr., by executing
| the same by their Attorney in fact j. Dean
Gauldn, lawfully authorized ON TINS l2th
| day of May 1919.
A. j. HIRSCH (SeaD
BY HOMER c, HIRSCH,
His Attorney in Fact.
GEORGE c. TAYLOR. tSeaD
HOMER G. HlRSCH, tSeaD
j. u. GAULDIN, tSeaD
Z. L. Scarf. Jr.. tSeaD
BY J. D. GAULDIN
His Attorney in Fact.
+. W. PREWETT, tSeal)
BY J. D. GAULDiN.