Bisbee daily review., 1920-03-06
ARTICLES OF IncoRPoRArloN

tify as follows:
I. The name of the corporation shall
! be:
MURRAY & LAYNE COMPANY,
No Stockholders Liability
II. 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 against the corporation may be
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
things herein set forth to the same ex-
tent as natural persons might or could
do:
% 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
J erals, wood and the byproducts thereof.
and any and all other commodities Of
every kind, nature and description.
e To carry on all or any Of the bus
inesses OF hetters: miiliners. dry goods
furriers. haberdashers. hosiers. manu-
facturers. exporters and importers.
wholesale and retail dealers Of and In
all kinds of fabrics. feathers. dresses,
and importers and wholesale and retail
dealers of and in leather goods. house
hold and office furniture, fronmonsery
china and glassware. crockery and other
Household fittings and utensils, orna-
ments. bric-a-brac, stationery. notions
and fancy goods; dealers in meats and
provisions. drugs, chemicals and other
articles and commodities of personal and
lhousehold use and consumption: and
generally of and in all manufactured
, goods. materials provisions and produce
and personal property.
g To own, control, lease. rent or
Lot rNx-iG
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.
ca To sell goods, wares and mer-
chandise of any and all descriptions.
either for cash, credit or on what Is ia
military known as the instalnent or par
tial payment plan in which an inmedi-
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 upon
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-
to the seller @. 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, OF
to sell any goods, wares and merchap-
= 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 SAFE.
60 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
3 improved and unimproved; to make al
: mortgages OF real property and borrow
: erwise the loaning of money upon real
l 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 OF
: other liens on real property.
Co To manufacture. purchase or 9TH
= erwise acquire goods, merchandise and
i personal property OF every class. and &c
hold own, mortgage, sell or otherwise
dispose of. trade deal in and deal with
the same.
al Cd To apply for, obtain, register, pur-
chase. lease or otherwise to acquire. and
/ and to sell. assign. or otherwise to dis
pose of, any trademark, trade names
patents, inventions, improvements and
processes used in connection with or Sc
, cured under letters patent OF the United
States. or elsewhere or otherwise. and &c
use. exercise, develop. grant licenses in
respect of. or otherwise to turn to ac-
count any such trademarks, patents, IL
:, censes. processes and the like, OF any
such property or rights.
, go To subscribe for. purchase or 9TH
erwise acquire. hold, own, use. mort
] gage. pledge, hypothecate, deal in eel
: or otherwise dispose Of stocks bonds
coupons. debentures evidences Of indebt-
> edness. and obligations OF any govern
: mental authority. company. copartner-
ship or individual, and in all other ne
without restriction az to amount
? 90 To draw, make. accept. endorse
discount. execute. issue and dispose OF
surplus certificates. pron1issory notes
: warrants. and all other negotiable or
, transferable instruments in such
amounts as the Board OF Directors may
deem proper.
GO) 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
: loans. lend or advance money. and to
give credit to such persons and on such
|, terms as may seem expedient. and upon
such security may be determined by
the Board OF Directors. including the
snares OF tnlS Company, ana IN paruc-
ular to customers and others having
dealings with the Company, and to give
guarantees or become security for any
such persons.
I'D To form, promote. subsidize and
assist persons. companies. syndicates
and partnerships of ali kinds. and to in
any manner acquire. hold. own and dis
, nose OF stocks. bonds or other ohliga-
lions of any corporation formed for. or
then or heretofore engaged in pursuing
any one or more OF the kinds of bus
mess. PURPOSES. objects or operations
herein indicated. or any other business.
or owning or holding any property OF
any kind. or of any corporation owning
or holding the stocks or the obligations
of any such corporation. and to do any
other acts or things for the preservation.
protection. Improvement or enhancement
of the value of any such stock. bonds
or other obligations. to exercise a.! the
rights. powers and privileges of owner
ship thereof and to exercise any and