Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1920-04-27
ARTICLES OF INCORPORATION
of
ALBUQUERQUE STORES COM
pANY

i'4AiN
(No Stockholders Liability
Know All Men by These Pres
ents: That we. the undersigned.
Homer II. Ward. b. f. Dicckmann
and l.. NJ. Ramirez, citizens of the
United States and of the State of
New Mexico, and residents of the
County Of Bernalllo, 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 in
corporations
ARTICLE I,
The name of this corporation
shall be Albuquerque Stores Com
pany Ono stockholders liability.
ARTICLE II.
The principal place of business
Of the said corporation shall be at
City of Albuquerque, New Mexico,
and Homer II. Ward Is hereby des-
ignated as statutory agent, in
charge thereof, and upon whom
process against the corporation
may be served.
ARTICLE III.
The purposes for which this 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, CONNECTIONS
and 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. manufaC-
ture, export, import and deal in and
with all materials necessary and
appurtenaut to such business, to
maintain warehouses;, stores, shops,
offices and branch houses for the
conduct Of such business, and to
enter into, make. perform and
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 and
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 $50
O0O OOD. to be divided into Five
Hundred Shares (500) OF the par
value Of One Hundred Dollars
($1O0.O0) each.
ARTICLE V.
The names and postoffice adj
dresses az the incorporators, win
the number of shares OF stock SUBJ
scriboa and paid for by each, are
as follows:
Homer II. Ward, of Albuquerque,
Il. NJ, 90 shares,
y. r.. Dieckmann. of Albuquer-
que, n. NJ. 90 shares.
l.. NJ Ramirez. of Albuquerque,
n. NJ. 20 shares,
the aggregate of which Is sixty
900 shares of the par value of |
Six Thousand Dollars CSG,0o0.0O, |
which is the amount Of capital |
stocla fully paid with which this
shall begin business.
ARTICLE VI.
The period during which this
shall exist Is fifty 600 !
years from and after the date of |
incorporating
ARTICLE VII.
The number OF directors shall |
he not less than three CD nor
more than seven %, as the stock
holders may bv bylaws direct. I'm
III otherwise fixed by bylaws the
number shall he three CD and the |
names and residences of the d.
rcCtors who shall serve for the |
first three CD months. and until |
their successors are regularly and /
duly chosen by the stockholders.
are as follows:
Homer II. Ward, of Albuquerque. |
New Mexico.
r. II. Dieckmann, of Albuquer-
que, New Mexico.
L. VI. 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
and have one or more Of
fees and to keep the books of the
within the State of |
New Mexico at such places as they |
may from time to time designate:
to fix from time to time the
to be reserved as working |
to determine the times for
the declaring and paying and the
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
nxocntiYa committee. which COM
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