Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-04-26
ARTICLES OF INTERPRETATIONS
ALBUQUERQUE STORES COM
pANN

pANY.
(Nn Stockholders Iiability)
Know All Men by These Pres
ents: That we. the undersigned,
Homer II. Ward. Il. r. Dieckmann
and l.. NJ. Ramiroz, citizens of the
United states and of the state or
New Mexico, and residents Of the
County of Bernalillo, DO, under the
provisions of the laws of New
Mexico, associate ourselves together
as a body corporate. and do hereby
'adopt the following articles OF m
corporation!
ARTICLE |,
The name of this corporation
shall be Albuquerque Stores Com
.pnny ono stockholders Liability.
ARTICLE IL.
The principal place of business
of the said corporation shall be at
ais West Marble avenue. in the
City of Albuquerque, New Mexico,
and Homer II. Ward IS hereby des-
ignated az statutory agent, IN
charge thereof, and upon whom
process against the corporation
may be served.
ARTICLE III.
The purposes for which TINS cor
poration is organized are: To carry
on a general wholesale and retail
merchandising business, TO buy, sell
and deal in and with groceries, pro-
visions, dry goods clothing, hard
ware, drugs, notions, contectiohs
ana all or any kinds of goods,
wares and merchandise and per
sonal property of every class and
description. and hold, own. mort
gage. sell or otherwise dispose Of,
trade. deal in and deal with the
same: also to buy. sell, manutac-
ture, export, import and deal in and
with all materials necessary ana
appurtenant TO such business, to
maintain warehouses stores. shops,
offices and branch houses for the
conduct of such business, and TO
enter into make. perform ana
carry out contracts of every kind,
for any lawful purpose. with any
person, firm, association or corpo-
ration.
The foregoing clauses shall be
construed both as objects anu
powers, but no recitation, express
sion or declaration of specific or
special powers herein enumerated
shall be deemed to be exclusive,
and it is hereby expressly declared
that all other lawful powers not
inconsistent Herewith are hereby
included.
ARTICLE ".
This corporation Is authorized to
issue capital stock to the extent OF
Fifty Thousand Dollars ESQ.,
600. OO), to be divided into Five
Hundred Shares 5000 of the par
value of One Hundred Dollars
($100.O0) each.
ARTICLE V.
The names and postoffice ad-
dresses of the incorporators, with
the number of shares of stock sub
scrihcd and paid for by each, are
as follows;
Homer n. Ward, of Albuquerque,
N. NJ, 90 shares.
3. T.. Dieckmann. Of Albuquer-
que, n. NJ, 20 shares,
L. NJ. Ramirez. of Albuquerque,
n. NJ. 90 shares,
the aggregate of which Is sixty
600 shares of the par value of
Six Thousand Dollars CSC, 000,OO,
which is the amount of capital
stock fully paid with which this
corporation shall begin business.
ARTICLE VI.
The period during which this
CORPORATION shall exist is fifty (50
years from and after the date of
| incorporating.
ARTICLE VII.
The number of directors shall
be not less than three (3} nor
more than seven %, as the stock
holders may BY bylaws direct. I'm
| ti, otherwise fixed by bylaws the
humber shah be three CD and the
names and residences of the di-
rectors who shall serve for the
first three go months, and until
their successors are regularly and
duly chosen by the stockholders,
are as follows:
Homer II. Ward, of Albuquerque,
New Mexico.
3. +. Dieckmann, of Albuquer-
que, New Mexico.
L. NJ. Ramirez. of Albuquerque
! New Mexico.
ARTICLE VIII.
| In furtherance and not in limi-
tation of the powers conferred by
statute, the directors OF this corpo.
ration are authorized to hold their
meetings and have one or more of.
fices and to keep the books of the
corporation within the state OF
New Mexico at such places as they
may from time to time designate
to fix from time to time the
amount to be reserved as working
capital: to determine the times fol
the declaring and paying and the
amount of each dividend on the
stock; to determine and direct the
use and disposition of any surplus
or net profits, and to authorize and
cause to be executed mortgages and
liens and all other Instruments af.
fecting the real and personal prop
erty of the corporation; to appoint
one or more of their number an
executive committee. which COM
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