The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1920-04-16

pTupeftief - oher opportunity Tor invest
y sspi,aiiif,,ss' 'T u i Tsprs ssss, ISy,ss,os saa 70
bring them into -.niact With l~uveatmrnts.
rg ~ q aseal aEsais o. tru,tsss for indt
10 represent individuals. Auns, assoeiaiionf
or COMPOSITIONS a. their anansial or bust
hcss aEshi Or q. registrar q ihslr sieees q
New Mexico, or elsewhere To DO sud per.
form all sueh other lawful acts and ihines
The power ana purpeses hrrein fore cnumr.
rrtrd or such a. @ro incidental thereto IN.
Guiding the power to report upon The ron
aceounilngs A. 10 the hnancial condition. or
physical condition and ahs4rx o. tndtNiduAln.
arms assoeitiionf Of copgFaiioas, and y
Neeouhtrnts To renumsrute any ihdiyIdlhL
arm or corporation inF services rendered IN
piaei9E o. a.si'iinE 70 place " sgaf,hiss
u the sharea Of the capital stock of -,
corporation or any dsbenturs. bond -
Individual arm. association, or other cor
ness.
ARTICLE ~.
sne Corporation j. authorized 70 issue
capital stock 70 the extent Of f43o. oo0. 100.
divided into 1900 shsrcs Of The par value
q $4,000 each. 81 The ssid s,oek 5000
10 be zen per cent cuHauiaiiy, preferred stock
and 200 shares amounting - par 70 flje
10000, are % BE- common stock
- "HNH"HA nNH WV y NWN H"NNNN
lions hre attaehed 10 the aforesaid shares "
ktork,to Wit Tbs preferred stock shall hare
no y9iins power nc common stock only
70 Inc rights u he preferred ssscl To
preferred stock shal be entitled. out Of sny
tsihed' 10 eumuisiiys dividend. ~ ihs rate
Of ten PEI. cent per snnum In each sHd
every year In preference and priority 10 aus
payment Of any diNlaands on The common
stock Tor such year. The common fioek shall
b. subject TO the prior rights Of holders Of
nc preferred stock - herein DECLARED H.
idends Tor any year - the preferred stock
and for any balance that may remain duc on
the cumulative ,ditidsnds on such preferred
any surplus net prnfts, any ani ell such
surplus net profits not IN the opinion ~ the
Board o. Director. fequired 70 provide isf
ard operation q the properly and business
q he, syperation,, or for the payment %
bends upon the common stork Tor suen year
10 the extent o. but not eacseding ten per
cent upon the sid eomm0n stock, when spd
clafed BY the Board ~ Dirertorsi which div.
idsnd upon the common stock shall not b.
cumulative bat shall only b. paid N earned
~ shall then BE- applicable 70 The payment
u further dividend equally per share upon
roth preferred and common stock The
such surplus net prohts may pay, annual
diydeadA upon the common stock 81 the
AhiN corporation 70 me NAAenf o. nat "a
stock, but no spch annual dividend shall be-
deelsred OF paid until the CONSULTATIVE di,i'
preferred stack Tor sueh year ana for al
preceding years and after the payment Of
such cumulative dividend, ulon the preferred
stock, end such dividends upon Tho common
stock. 10 the amount Of. but not exceeding
tea per cent oai Of any further surplus net
pfohts the Board o. Directors may declare
and pay dividends equally per share upon
the preferred and common stock. In tass
Pou,len. ihs preferred stock spa tbe bold
sns. st 4. si.,rs sI q sfP'h.' ssa
property Of N, Corporation. sud ans snd al
s sSin,i ss'' sss iFd PFP arps ~ a Ssss s' , sSs Sls.
msnt In fall o. tha pflneipal Of the aid prs
ierred edpltal ftoek At par With all euiuu
p%riol,y To- sry aymsar ipos ias somnsS
stock. aud secoad, 10 the payment Of thr
pfiagipsl II ne eemnos siees - per ga
~ per shars smeng he holdsrs Of preferred
Az q such capital stock may be issued a.
such times - tho hoard q Directors may, b.
rssolniioni direct either for real or personal
property sold oT conveyed 20 thr Corpora
e s5po 81 tST '% s5S is. o. s, sSST s;5st go 10 ,eS
shall thereupon become and BE- fully paid up
and non'Assrssable, aud In the absence Of o.
of The direstors A. to The value Of he prop
cry purchased aud services rendered shall
ARTICLE &.
The uHmes sud Post once addresses u
the incurporatoTs, and TOE number u shafss
Of stocks for which severally aud respect
$1,000 90. the amount wiz which Tho Cor
poration vii business. are A.
ID u. Alderman. Albuquerquc New AIerico.
20 Shafss Of Common stock
. 5 Dsnnison, Albuquerque New Mesieo
. Shares ~ Common stock
". II Alderman, Albuquerque, New Mea
ARTICLE VI
The time for which this Corporation b. 10
sKist D., atty years FROM and alter ~ inror
ARTICLE VII
In fufthorauce and not In limitation, ~
The puwefs conferred oy statute. or in lmi'
taiion or restriction Of IT, powers 90 make
bylaw. Tho Board Of Directors Of the Cor
To hold their msstinss. and have ono
or more omces and keep he hacks OF the
Corporation within. o. tnrept a. %othrruisc
New Mexico. At sueh places ~ msy from time
10 time be drsignatcd by them
To mako alter amend. and resgind The
ainount to be reserved ~ working capital TO
authoriE' and rausH 90 be executed, mort
gsgss. deed q trasi bond' asbsntuIes
lions, and other instruments aheeting The
real ard personal property Of the Corpora
bon To .asu assign. transfer or. Otherwise
dl,pose Of he whole OF any pari q the prop
cry 81 The Corporation including the fran
ehlso or frnnchiset thoreoi froin time Co
time. 20 determine whether. and 10 what ca
tent, and a. what fimr and place. and under
what conditions and regulation. tho books
Of 'he Corporation teeespt stock and trans
fer booksl or any of them. shall be open tor
the inspection OF tho stockholders, and no
stoekholder shall have the right 81 Inspecting
ans account, or book. or document Of ths
Corporation, except a. conferred BY statute,
Or authoriaed b. the Board 81 Director or
BY q resolution Of the stoehholdera
o. To authoFifo one or more o. their
numher 10 constitute an sAccutiNo cummittse.
which committee ahall Tor the time being and
uutl sald resolution be rekciHdsd, OF ihe b..
iaws otherNiAe provids. have lnd exercise an
Of the posers % the Board of Directors,
which may b. lawfplly delegatsd, 10 The
management % tho huaineHs ahaifs 81 the
Corporation and shall have power " sathgf