Bisbee daily review., 1920-03-06


bilities resulting from the misconduct of
any co-trustee, co-executor, or other
person, or from the fnsufficiencyt inn
perfection, or deficiency of title to prop
erty or from any insufficiency. iInperfec-
ton, or deficiency in any security, or
from any bankruptcy. insolvency. fraud
or tortious act on the part of any othe,
persons. or from any error of judgmeI
or misfortune.
Q6) To guarantee the title to. or
quiet enjoyment of property, either ABB
! 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-
lions, proceedings, claims or demands In
respect of any insufficiency or imperfec-
| ton or deficiency of title. or In respect
Of any encumbrances or outstanding
| rights.
| 90 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
ly every kind of insurance and REIN
surance business as agents, whether OF
the like of different kind, and wheth-
er now known or hereafter devised. ex-
cept the issuing of policies of insurance
upon human life. fire insurance and ma
! rine insurance.
Qs) To contract with borrowers
lenders, annuitants and others for the
establishment, accumulation. provisions
and payment Of sinking funds. redemp-
ton funds. depreciation funds, renewal
funds. endowment funds. and any other
Especial funds, and that eithec in consid.
Grafton of a lump sum or Of an annual
premium or otherwise. and generally or
such terms and conditions as may be
arranged.
Q9C To undertake the office of trus.
ltee and receiver, whether official or 9th
erwise, executor, administrator. guard
ian, assignee. registrar. treasurer. anc
any other offices or situations of trus
arNA 20 rfn md n Ia
charge the duties and functions incident
thereto, and generally to transact al
kinds of trust and agency business
either gratuituously or otherwise:
(2o) To furnish aud provide deposits
|, and guarantee funds required in relation
to any order OF court or to any tende
, or application for contract. concession
decree. enactment, property or privilege
or in relation to the carrying out OF an!
contract. concession. decree or enact
ment.
(2l) To receive securities and valu
ables Of all kinds on deposit for custod,
or otherwise and generally TO carry Oh
the business of safe deposit company
| (22) To borrowand receive money up
on such terms and rates OF interest a
may seem expedient. and to issue bonds
debentures. and obligations and evidenc
esof Indebtedness of al kinds. whethe
: secured by mortgage, pledge or other
wise. without limit az 10 amount. an
in the absolute discretion Of the direc
tors, and to secure the same by mort
,, gage. pledge. deposit or otherwise, an
,, to apply the proceeds thereof to an
! lawful purpose.
(23) To carry on any other bushes
which may seem to the Company capa
BILE Of being conveniently carried on Il
connection with the above or calculate
directly or indirectly to enhance the val
lie of or render profitable any Of tn
Companys property or rights.
cd To accumulate capital for any O
the purposes Of the Company, and I
: appropriate any OF the Company's as
sets to specific purposes. either condl
tionally or Internationally. and to admi
7 any class or section OF those who insur
I or have any dealings with the Compan
= to any share In the profits thereof. Q
/ in the profits OF any particular branc
Of the Company's business, or to an
E other special rights, privileges, advanta
n ges or benefits.
(25) To acquire and undertake tn
whole or any part of the business. prop
:, erty and liabilities of any person or com
: parry carrying on any business whic
:. this Company is authorized TO carry or
j or possessed OF property suitable for tn
purposes of this Company.
$3.50 To pay. satisfy, or compromis
] any claims made against the Compan
S which II may seem exDedent TO pay
e satisfy or compromise. To re-insure an
q effect counter guarantees.
r CID To enter into. make. perform an
carry out contracts of every kind, 70
any lawful purpose. without limit I
> amount. with any government. state
D municipality. person. firm. association @
e corporation.
1 (2S) To issue bonds to secure damag
es incurred through the taking OF land
under right of eminent domain.
j (2s) To purchase or otherwise &C
duire. hold and REISSUE the shares OF Il
capital stock, bonds, debentures or othe
! 600 To remunerate any person q
: persons or corporations for services rem
J dered or to be rendered. in placing O
D assisting to place. or guaranteeing tn
D placing OF any OF the shares OF the Com
pany's capital, or any debentures or 9th
er securities Of the Company. or in O
Y about the formation or promotion OF tn
Company or the conduct of its bushes:
= 1917 To have one OF more offices.
conduct its business and to purchase
J lease or otherwise acquire. hold. i'm
/, prove. develop. let. convey. mortgage
: sell or otherwise dispose OF and deal. &
real estate and personal property an
rights or interests therein. within an
beyond the limits OF the State OF Se'
. Mexico. and in any other State. diseic
or territory OF the United States G
America. and in any colony or depend
( ency OF the United States OF America
!. and to any and all foreign countries o
r political subdivisions or dependence
thereof. without limit as to amount an
: subject to local laws; to acquire fran
chises and rights of user in roads
E streets avenues and public places 4
r the United States of America or in an
? foreign countries and to transfer tn
same: TO taken and receive from tn
} United States of America. or any stat
or territory thereof. or any foreign coun
try or any political subdivision thereof
any grant or grants. concession or con
, cessions whatever. to utilize the same 4
connection with the busine ss of the Com
, pany. and to lease. grant rights or priv
! ileges In respect to. sell or dispose o
the same.
(S2) To do all and everything neces
sarE. suitable or proper for the accom-
plishment of any OF the purposes or at
tRinments of any OF the objects herein
before enumerated either alone or in as
ISOLATION with other corporations. firm
: and Individuals. as principals. agents
brokers' contractors. trustees or other
wise. and in general to engage inan,
, and all lawful business that NAV he ne