Bisbee daily review., 1920-03-09

in respect of, debenture bonds, deben- ture stock. contracts. mortgages. -obn- | or of any authority, state, municipal, | local or otherwise. or of any person whomsoever. whether corporate firms or individuals, together with the interest 1 thereon.
 Q5) To guarantee persons filling or about to fill situations of trust or con- | fidence against liabilities in connection ! herewith, and in particular against lia- bilities resulting from the misconduct of any co-trustee, co-executor. or other person, or from the insufficiency, im-
 perfection. or deficiency of title to prop | erty or from any insufficiency, imperfec- | tfon, or deficiency fin any security. or ! from any bankruptcy. insolvency. fraud 4 or tortious act on the part of any othe'
 persons, or from any error of judgmer | or misfortune.
 Q6) To guarantee the title to, or
 quiet enjoyment of property. either ab- solutely. or subject to any qualifications
 or conditions; and to guarantee persons
 interested or about to become interested
 in any property against any loss. ac- | tions. proceedings, claims or demands in
 respect of any insufficiency or iInperfec- ton or deficiency of title. or in respect
 of any encumbrances or outstanding
 rights.
 l QO 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 lly every kind of insurance and rein. }surance business as agents. whether of lthe like of a different kind. and wheth- CT now known or hereafter devised, eS- icept the issuing of policies of insurance Iupon human life, fire insurance and ma rine insurance.
 1 QO To contract with borrowers. 1 lenders snnuitants and others for the
 establishment. accumulation. provisions | and payment of sinking funds, redemp-
 tion funds. depreciation funds, renewal
 funds. endowment funds. and any other special funds. and that either in consid- 1 eration of R lump sum or of an annual premium or otherwise and generally on
 such terms and conditions as may be 1 arranged.
 l Qs) To undertake the office of trus-
 tee and receiver. whether official or oth- erwise, e1ecutor. administrator, guard ian, assignee. registrar. treasurer, and
 any other offices or situations of trust
 or confidence. and to perform and dis
 charge the duties and functions incident
 thereto. and generally to transact all l kinds of trust and agency business, | either Rratuituously or otherwise. | (20) To furnish and provide deposits 1 and guarantee funds required in relation 1 to any order of court or to any tender l or application for contract. concession, or in relation to the carrying out of any | contract, concession. decree or enact l ment.
 GID To receive securities and valu-
 ables of all kinds on deposit for custody ! or otherwise. and generally to carry on | the business of safe deposit company. (22) To borrowand receive money up-
 on such terms and rates of interest as
 may seem expedient. and to issue bonds. | debentures. and obligations and eSiderc- l esof indebtedness of all kinds, whether | secured by mortgage. pledge or other l wise, without limit as to amount. and in the absolute discretion of the direc- 1 tors. and to secure the same by mort gage. pledge, deposit or otherwise. and
 to apply the proceeds thereof to any
 lawful purpose.
 (23) To carry on any other business
 which may seem to the Company cepa- 1 ble of being conveniently carried on in connection with the above or calculated directly or indirectly to enhance the val | ue of or render profitable any of the
 Company's property or rights. (2D To accumulate capital for any of , the purposes of the Company, and to | appropriate any of the Company's as- l sets to specific purposes. either condi-
 tionally or internationally. and to admit
 any class or section Of those who insure | or have any dealings with the Company | to any share in the profits thereof. or ! in the profits of any particular branch of the Company's business, or to any
 other special rights, privileges. advanta- ges or benefits.
 (2b) To acquire and undertake the
 whole or any part of the business, prop | erty and liabilities of any person or com parry carrying on any business which | this Company is authorized to carry on.
 or possessed of property suitable for the purposes of this Company.
 l (26) To pay. satisfy. or compromise | any claims made against the Company | which it may seen: exDedient to pay.
 satisfy or compromise. To re-insure and i effect counter guarantees.
 | (27) To enter into. make, perform and | carry out contracts of every kind. for any lawful purpose, without limit as to
 amount. with any government. state. municipality, person, firm, association or | corporation.
 ! (2s) To Issue bonds to secure damag-
 es incurred through the taking Of lands
 under right of eminent domain. (29) To purchase or otherwise ac- quire hold and re-issue the shares of It's capital stock. bonds. debentures or other 1 securities.
 (se) To remunerate any person or persons or corporations for services rem dered. or to be rendered. in placing or l assisting 10 place. or guaranteeing the placing of any Of the shares of the Com pany's capital. or any debentures or oth- CT securities of the Company. or in or about the formation or promotion Of the Company or the conduct of its business. (SD To have one or more offices to conduct its business and to purchase, prove, develop. let, convey. mortgage. sell or otherwise dispose of and deal in .. real estate and personal property and rights or interests therein. within and
 
 Mexico. and in any other State. district or territory of the United States of America, and fin any colony or depend ency of the United States of America and to any and all foreign countries or political subdivisions or dependencies thereof. without limit us to amount and subject to local laws; to acquire fran chises and rights of user in roads streets. avenues and public places in the United States of America or in any foreign countries and to 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 sessions whatever. to utilize the same in connection with the busius sss of the Com psny. and to lease. grant rights or priv lleges in respect to. sell or dispose of the same.
 tS2) To do all and everything neces- sary. suitable or proper for the accom- l 0vYTDH