New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1920-04-09

carry ont contracts Of every nature and
kind for any lawful purpose. without limit
as to amount and with any person, firm,
company. association or corporation what
soeveY.
Is. To draw, make, accept, endorse, dis
count, execute and issue promissory notes,
bills of exchange, warrants and all nego-
table, assignable or transferable instruments
Of every nature and kind whatsoever.
%. To make, execute and issue from
time to time bonds. debentures or obligs-
tioas OF this corporation Of every nature
an kind whatsoever. Tor any OF its OBJ
jects and purposes, and to secure the same
by mortgage, pledge, deed of trust or other
wise, of any or all Of its property, either
then owned or afterwards acquired.
q. To purchase or otherwise. acquire
and to hold in it's treasury, shares of
capital stock Of this corporation and the
So. 80 afterwards sell and reissue.
2. To buy or otherwise acquire any
properly whatsoever, either real, personal
or mixed. including the capital stock OF
other corporations, and to pay for the
same IN cash or in stock or bonds Of
this CORPORATION. or otherwise, and il paid
for in such stock to issue the certificate
therefor fully paid up and forever non
assessable, and the value placed upon the
said property and capital stock by. the
directors Of the company shall be final and
conclusive upon each OF us, the signers
hereto, and each present., future. subse-
quent and successive stakeholder or credit
or OF this corporation.
q. To have and maintain one or more
offices in any OF all 81 the states. dis
tncts, territories OF colonies Of the Unit
ed States, and in any OF all foreign coun-
tries. nations and principaiities. and TO
carry on all or any OF its operations and
business without restrictions OF limit as
to amounts. and to purchase OF otherwise
acquire, have and hold. and mortgage, sell,
convey or otherwise dispose Of any OF all
Of IT'S real and personal property of every
class and description, and to carry ou;,
conduct and fully perform all Of the said
powers in this certificate of Incorporation,
Incorporated in any OF all of the said states.
districts, territories or colonies Of the Unit
ed States and in any. or all foreign ooun
tries, nations and principaiities, but sub
jcct always nevertheless to the laws al
such state, district, territory, colony, coun-
try, nation or prisoipalty.
30 The foregoing clauses shall be con
structed both as Objects and powers, and
foregoing enumeration Of specific powers
shall not be held to limit or restrict in
any manner the powers of this corpora
ton. which shall and may in general carry
on any other business IN connection with
the foregoing, whether manufacturing OF
otherwise, and have and exercise all the
powers conferred by the laws OF Delaware
upon corporations formed under the act
here,nbeiore referred TO.
ARTICLE ~.
The total autboized capital stock Of this
corporation is five hundred thousand dol
lars. divided into fifty thousand shares, all
oommos OF the par value OF ten dollars
each The amount Of capital with which
this corporation will commence business is
two thousand dollars, being two hundred
shares OF the par value Of ten dollars each.
But each and eye,y Of the undersigned
incorporators and the successive holders
OF the stock subscribed for by them and
each and every holder Of the shares of the
corporations stock whenever the same from
,ine to time may be issued OF re issued,
agrees land il is an agreement and con
dltion to which each successive owner OF
holder of stock expressly agrees by his
acceptance Of the certificates evidencing his
shares of stock and is a covenant summing
with the title to the said stock into ~hoe
hands socvcr the same may pass) as fo'
lows; |
u That n the corporation hereafter dc
sires to Issue preferred stock Il shall not
be necessary to secure the consent OF tho
ing, but that the holders Of a majority of
the outstanding. stock shall have and there
10 BOW eApressly grated 10 such holders
the right and power so TO do; but such
night and power shall be exercised only by
an amendment TO the charter Of the cor
adopted by the affirmative vote
of the holders Of . majority Of the out
standing stock AZ a meeting OF the share
OF Delaware and the by laws Of the cor
() Tha, the Board Of Directors Of this
be and il is hereby authorized
empowered and directed TO accept cash,
stock, contracts, rights, services
and labor as full paymen, for subscrip
tinns for stock TO the amount of such
subscriptions, and when the iull considcra
ton tor any shares Of stock has been
Maid for in cash OF in property, stock con
tract. rights, services and labor at a valua
ton thereof fixed by the Board Of Directors,
then the said shares Of stock shall be
deemed full paid stock and not liable 10
any further call ot assessment thereon, and
H. bci'r,s tLrr,of shall moi be liable Tor
rtttber demands under the provisions
Of any law of Delaware OF Of any state nj
the United States o. Of the common law.
n NJ. a. ~. If Di,oo,ors of ,bis
90 Ihat inc p9afu o, Dinebt,ois y en- en-
Nll'lai'o - ronit,l ,,n,L
l9"Tt.n ~ ~ n, Inn antbori1cd
y. - ,hereai in such amount. and pro
,m.ln. n.t',r !" ~" o. ,inae .bsu n,
portions a. ron 'P n u " I'M nav h.
!, IA ~. law and 10 accent in fun
M martial ps,ment of such stock cash OF
stock, contracts and rights and
10 procure the performance OF such ser
vices and labor as the Board may de
tcrmine shah he necessary on Convenient
Tor the business OF thc corporation. and
mi CONFEDERATION has been paid OF
IN cash and property. stock, con
,tartF. riehts. services and labor. or shah
h, deemed furi paid stock and not table
10 any fnuher payment under the pro
visions of any law Of Delaware 90 81 any
c,,,c of IN, United States, or Of the
law. and any and an valuations
nlaced by the Board Of Directors upon any
propcriy' stock, contracts, rights, services
nd lahor furnished ~ rendered to the
shall be final and conclusive
mon ali The world, including al stockhold-
81, and ct,ditors of the corporation whom
ro,,gr mast prcscnt or future.
~ That upon any issue ior money or
consideration Of any STOCK OF ms
corporation, authorized by the ~nf'ifnai cp
tificate Of incorporation Or ~ any suhsc-
quoBt increase OF stock OF the corporation
authorized BY any amendment 10 nc SGr
Of Incorporation, no stoethoid,i
shall be entitled OF right 70 suhscfIbt ioi'
purchase, receive of acquire any pro