Bisbee daily review., 1920-03-04
ARTICLES OF INCORPORATION

suance Of the laws of the State of New Mexico do for that purpose hereby cer- tify follows:
 l. The name of the corporation shall be:
 MURRAY & JAYNE COMPANY. No Stockholders Liability IT. The location of the principal office of the corporation in the State of New Mexico shall be at Deming in Luna County. and the name of the agent
 therein and In charge thereof upon whom
 process agianst the corporation may be
 served is Edward A. Layne.
 III. The objects and purposes for
 which and for any of which. this com
 Dany is formed are to do any and all
 things herein set forth to the same eX-
 tent as natural persons might or could do:
 CD To establish and conduct general
 stores. and to buy, sell. exchange, man.
 ufacture and trade in and deal with all
 manner of goods, wares and merchan-
 disc. machinery. supplies. provisions and
 live stock. coal petroleum. oil. ores, min
 erals, wood and the byproducts thereof.
 and any and all other commodities of
 every kind, nature and description.
 @ To carry on all or any of the bus
 inesses of matters. milliners, dry goods merchants, dry goods manufacturers,
 furriers, haberdashers, hosiers. manu-
 lecturers, exporters and importers.
 all kinds of fabrics. feathers, dresses,
 boot and shoe makers, manufacturers and importers and wholesale and retail
 dealers of and in leather goods, house. hold and office furniture. ironmongery, china and glassware. crockery and other household fittings and utensils, orna ments. bric-a-brac, stationery, notions and fancy goods; dealers in meats and articles and commodities of personal and household use and consumption: and generally of and in all manufactured goods, materials. provisions and produce and personal property.
 6 To own, control, lease. rent or otherwise occupy and use buildings and structures and therein to receive and store for others any goods, wares and merchandise, and in general to conduct the business of a storage warehouse and to act as custodian and bailee for others of any personal property of any descrip- ton; to insure the same for self or for the owners against fire, theft and other loss, and to receive, deliver, pack and other wise handle the same.
 (G To sell goods, wares and mer- chandise of any and all descriptions, either for cash, credit or on what is fa- miliarly known as the instalment or par tial payment plan in which an immedi- ate delivery is made to the purchaser of the goods sold. the purchaser agreeing to pay for the same in such partial pay ments as may be mutually agreed Ipon the security for the debt thus created to be given either by the title of the goods so sold remaining with the seller until completely paid for or by the pur- chaser thereof executing and delivering to the seller a chattel mortgage covering fully the goods sold and with such terms and conditions of forfeiture for non- payment as may fully secure the seller in the event of non-payment, or to sell any goods, wares and merchant dlse by any other plan or plans or un- der any other scheme of partial pay ments that may be agreed upon between h1lNynr nd contravene the laws in force and which govern, in any place, the making of such contracts of sale.
 (5) To improve, manage and operate and alteration of houses and other structures thereon, and the development Of real property generally, the buying, selling and exchanging of real property, te renting and leasing of real property, improved and unimproved; to make all mortgages of real property and borrow Ing money thereon by mortgage or oth- erwise, the loaning of money upon real property and the taking of mortgages ana assignments or mortgages of the same; the buying. selling and dealing in bonds and loans secured by mortgage or other liens on real property
 (6l TO manufacture, purchase or oth- erwlse acquire goods, merchandise and personal property of every class. and to hold, own, mortgage, sell or otherwise dispose of trade, deal in and deal with the same.
 CD To apply for obtain. register. pur- chase, lease or otherwise to acquire and to hold, use, own. operate and introduce ana to sell, assign. or otherwise to dis | pose of, any trade -marke, trade names | patents inventions, improvements and | used in connection with or se- | ,ured under letters patent of the United l states, or elsewhere or otherwise, and to | lse, exercise, develop. grant licenses In | 'espect or. or otherwise to turn to ac- Ilnh da- rl, 'enses. processes and the like. or any 'uch property or rights
 (S) To subscribe for purchase or oth- rwise acquire. hold. own, use. mort IT otherwise dispose of stocks, bonds, oupons, debentures. evidences of indebt- dness, and obligations of any govern mental authority, company. copartner- hip or individual, and in all other ne- otiable securities and instruments without restriction as to amount
 (9) To draw, make, accept endorse iscount. execute, issue and dispose of urplus certificates. promissory notes. warrants, and all other negotiable or instruments. in such mounts as the Board of Directors may eem proper.
 uO) To lend deposit or advance honey, securities and property to or, 'ith such persons and upon such terms 8 may seem eXpedient and to negotiate pans, lend or advance money. and to we credlt to such persons and on such erms as may seem expedient and upon ' lch security as may be determined by 1 ne Board of Directors. including the 1 1ares of this Company, and in partic- $ lar to customers and others having f ealings with the Company, and to give I uarantees or become security for any ' lch persons. . CID To form, promote. subsidize and c sslst persons. companies, syndicates I nd partnerships of all kinds, and to fin [ ny manner acquire. hold. own and dis a ose of stocks. bonds or other obliga- o ons of any corporation formed for. or O len or heretofore engaged in pursuing 2 ny one or more of the kinds of busI ess, purposes. objects or operations = erein indicated. or any other business owning or holding any property of II ny kind. or of any corporation owning holding the stocks or the obligations II
 any such corporation. and to do any her acts or things Tor the preservation. II 'otection, improvement or enhancement III
 the value of any such stock bonds II
 other obligations to exercise au tha