Bisbee daily review., 1920-03-10
ARTICLES OF INCORPORATION

The undersigned being desirous of forming a corporation under and in pur- suance of the laws of the State of New Mexico do for that purpose hereby cer- tify as follows:
 I. The name of the corporation shall be:
 MURRAY & JAYNE COMPANY, No Stockholders Liability
 II. The location of the principal office of the corporation in the State of New Mexico shall be at Deminz. in Luna County. and the name of the agent therein and in charge thereof upon whom
 served is Edward A. Layne.
 III. The objects and purposes for which. and for any of which. this com pany is formed are to do any and all 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- 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. nanu- 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; ironmonsery. china and glassware, crockery and other household fittings and utensils, orna- ments bric- brac, stationery, notions and fancy goods: dealers in meats and provisions, drugs, chemicals and other 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.
 @ 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- tior; to insure the same for self or Tor the owners against fire. theft and other loss, and to receive. deliver. pack and other wise handle the same.
 (4) To sell goods, wares and mer- either for cash, credit or on what is fa- miliarly known as the instalment or par tial payment plan in which an imrnedi- ate delivery is made to the purchaser of tn6 ROOQS kOIQ, tIle purSndStI aBTtflHS to pay for the same in such partial pay ments as may be mutually agreed upon between the buyer and the seller, and 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 On-na seller in the event of non-payment, or to sell any goods, wares and merchan- disc by any other plan or plans or un- der any other scheme of partial pay ments that may be agreed upon between the buyer and seller and which do not contravene the laws in force and which govern. in any place. the making of such contracts of sale.
 (5) To improve, manage and operate real property: the building. construction and alteration of houses and other structures thereon, and the development of real property generally, the buying. selling and exchanging of real property. the 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 and assignments or mortgages of the same; the buying, selling and dealing In bonds and loans secured by mortgage or other liens on real property.
 co To manufacture, purchase or eth erwise 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, and to sell. assign or otherwise to dis pose of. any trade mark, trade names patents, inventions. Improvements and processes used in connection with or se States. or elsewhere or otherwise. and to use. exercise. develop. grant licenses in respect of or otherwise to turn to ae- count any such trade marks. patents. D. censes, processes and the hlSe, or any such property or rights
 (s) To subscribe for, purchase or oth- erwise acquire. hold. own. use. mort gage. pledge. hypothecate. deal in. sell or otherwise dispose Of stocks. bonds, debentures. evidences of indebt- edness. and obligations of any govern mental authority. company, copartner- ahip or individual. and in all other ne gotiable securities and instruments. without restriction as to amount.
 (9) To draw, make. accept. endorse. execute, issue and dispose of surplus certificates. promissory notes. and all other negotiable or instruments in such amounts as the Board of Directors may deem proper.
 (1o) To lend. deposit or advance money. securities and property to or with such persons and upon such terms | as may seem expedient and to negotiate 1 loans. lend or advance money. and to | give credit to such persons and on such l terms as may seem expedient. and upon l such security as may be determined by | the Board of Directors. including the | shares of this Company. and in partic- llar to customers and others having | dealings with the Company. and to give or become security for any such persons.
 CID To form. promote. suhsidize and assist persons, companies, syndicRtes md partnerships of all kinds. and to fin my manner acquire. hold. own and dis lose of stocks. bonds or other obliga- ions of any corporation formed for, or hen or heretofore engaged in pursuing my one or more of the kinds of bus ness. purposes. objects or operations Ierein indicated. or any other business. IT owning or holding any property of my kind. or of any corporation owning IT holding the stocks or the obligations f any such corporation. and to do any ther acts or things for the preservation. improvement or enhancement nf de