Bisbee daily review., 1920-03-07
Cd To guarantees the nnxn,ent

QD To guarantee the payment OF
money secured by or payable under. or
IN respect of, debenture bonds, deben-
ture stock, contracts. mortgages, -ot5li-
cations and securities OF any company.
or OF any authority, state, municipal,
local or otherwise, or Of any person
Whomsocver, whether corporate firms
or individuals. together with the interest
thereon.
Q5) To guarantee persons filling or
about to fill situations OF trust or con-
fldence against liabilities in connection
herewith, and in particular against liz =
billtics resulting from the misconduct of
any co-trustee, co-eXecutor, other
person or from tho insufficiency, i'm
! perfection. or deficiency of title to prop
erty or from any insufficiency imperfec-
ton, or deficiency in any security, or
from any bankruptcy, insolvency. fraud
or tortiou5 act on the part of any othe'
! persons. or from any error OF JudgrneI
. or misfortune.
/ G5) To guarantee the title TO. or
quiet enjoyment of property, either alb
so!utely. or subject to any qualifications
/ or conditions; and to guarantee persons
| Interested or about TO become intcreEted
in any property against any loss &C
! tons. proceedings. claims or demands in
| respect of any inSufficiency or irnperfec-
ton or deficiency OF title. or in respect
OF any encumbrances or outstanding
! rights.
! 40 Generally to carry on and trans
act every kind of guarantee business.
and every kind of indemnity business
and every kind of counter guarantee and
counter indemnity business. and general
| ly every kind OF insurance and rein
suTance business as agents, whether of
( the like of a different kind and -vheth-
er now known or hereafter devised. ex-
cept the issuing OF policies of Insurance
upon human life. fire Insurance and ma
rine insurance.
GS) To contract with borrowers.
lenders. annuitants and Others for the
establishment. accumulation. provisions
and payment of sinking funds redemp-
ton funds. depreciation funds. renewal
funds. endowment funds. and any other
special funds. and that either in corsid-
Grafton OF 4 lump sum or of an annual
premium or otherwise and generally or
such terms and conditions as may be
arranged
G9) To undertake the office OF tr,rs-
toe and receiver. whether officist or oth-
erwiSc, executor. administrator. sUsrd-
ian. assignee. registrar, treasurer, and
any other offices or situations % trDst
or confidence. and In perform ara dis
charge the duties and functions incident
thereto. and generally TO transact all
kinds Of trust and agnnry business.
either gcatuitrously o. otherwise.
(20> To furnish aud provide deposits
and guarantee funds required in relation
to any order Of court or TO any tender
or application for contract. concession
decree. enactment. property or privilege
or in relation TO tho carrying otit OF any
contract. concession. decree or enuct-
mert.
C2D To receive securities ard va.,,-
abIes OF ali kinds on deposit for custody
or others isc. and generally to carry on
the business Of q sete deposit company.
(22) To Eorrowaud receive money up
on such terms and rates Of interest as
may seem eNpcdient. and to tissue bondG.
dabcntureS. and obligations and evidenc-
esof indebtedness of all Kinds, whether
secured by mortgage, pledge other
wise, without liii1i: aE 70 amount. and
in the ab5olatc discretion of the 6irec-
tors. and to secure the same by mort
gage. pledge. deposit or otherwise. ana
to apply the proceeds thereof to any
lawful purpose.
(2S) To carry on any other bt,sir,ess
which may seem to the Company capR-
bic of being conveniently carried on int
direct" or indirectly to enhance the yai- |
ne of or render profitable any OF the
Company's property or rights
(24) To accumulate capital for any of |
tho purposes OF the Company. and toi
appropriate any OF the Conpany'a as- /
sets TO specific purposes, either condi-
tonally or unconditionaiiy and 60 admit
any class or section or those who insure
or have any dealings with thA Company
to any share in the profits thereof or
III the profits OF any particular branch
&rotte or pr by
srty and liabilities of any person or COM
Dary carrying on any business which
his Company is authorized ts carry on
mr. possessed of property suitable for the
purposes of this Company.
(26) To pay. satisfy. or compromise
any claims made against INC COMPANY
which it may seem cxpedient TO pay;
satisfy or compromise. To re-insure ana
effect counter guarantees
(27) To cnter into. make. perform ara
corry ont contracts of every kind, tor
any lawful purpose. without limit &c 20
amount. with any government. state.
person. firm. association or
corporation.
es incurred through the taking oil lands
under right OF eminent domain.
(20) To purchase or otherwise nc
o,Iirc hold and reissue tho SHARES OF 10 !
conital stock bonds. dcbcnturcs or other !
(gnC TO renunerstc any person or
persons or corporations Tor services rem
dored or TO he rendered. in placing or
assisting: TO plsre. or guaranteeing thc
placing OF any OF the shares of tho Com
pnny's capital. or any debentures or 9TH
or securities of the Company, or IN or
about the formation or promotion o. the
COMPANY or the conduct of its buslness
(sN To have ono or more ofticcs. 20
conduct it's business ano TO purchase
lease or otherwise acquire. hold, M
prove develop. iet. convey. mortgage
seT or otherwise dispose of and deal in
real estate and personal property ana
rights or interests therein, within ana
beyond the limits OF the stint" o. New
Mexico. and in any other State, District
or territory Of the United states of
America. aud i'll any colony or depend
ency of tho United States o. America,
and to any and all foreign countries or
political subdivisions q" dependencies
thereof without limit as TO amount and
/ subject TO local laws: TO acquire iran
chiscs and rights OF user i'm roacs,
streets. avenucs aud public places i'll
the United States OF America or in any
! foreign countries and - transfer the
Same: TO taken and receive from the
! United states OF America, or any state
/ or territory thereof. or any foreign coun-
Try or any political subdivision thereof.
any grant or grants. concession or con-
, cCssions whatever. to utilize The same i'll
| connection with the husia IS OF tic Com
pary. and TO lease. grant rights or priv
ileges in respect to- sell or dispose OF
! the same.
(32) To do all and everything neccs-
sary. suitable or proper for the accom-