The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1920-04-17

ing or any other industrial enterprise. o.
inents. To bring The same to tho attention
~ capiialisisi To represent Investor and "a
hring them Into -,ntaci vith invettments
To act ~ fiscal agents or trustees for inii'
yiduals, firms. associations. 81 corporations
To represent individuals, Arms. associations
OF corporations a. their hnhncini or bust.
ness, SCENT or a. registrar Of their stocks o.
New Mexico, or elsewhere To do and per
form ali such other Law hi acts and thinEi
Inc power and purposes hrrrinheiofe rnuns
rftcd, or such - are Incidental thereto. In.
cludink The pvuer 10 report upou the con.
sscouniinss a. 20 the financial condition. oi
physical condition and ahalrs 81 indiyiduais,
arne, associations or corporations. and 4,
employ for tiat purpnse skilled experts and
accountants To renumerate any individual
hrm or e0fporsflon fnr services rendered n
plaeins or sssisting % plaes, OF suar.nise
q the shares of the capital stool Of a..
corporation or any debenture bond. rf
aihsr security q ths Corporation. of u say
individual arm, assoclation, o. other cor
p%oration, or iu the condaciing Of its bust
ness.
ARTICLE "
''hc Corporation h. authorized 10 issus
capital stoek 20 The extent .ot ta5o.uon 90
Of $1,000 each o. he said s,osk' 500
share amounting ~ par 60 $500. 600 90. frt
20 BE- ten pgr cent cumulative preferred stock
A.A AH|"N 81 HNNWNMNNNA ~ NAH ~ WV
10000 are 10 be- common stock
The following rights. prlsiieses. add condi
lions arr attached 10 the afurrsaid SHARE Of
stock 10 Wit The preferred siork shalt have
shal have waiting powers yet be sueordinai'
10 The rights Of The preferred stock. To
preferred stock shall be- entitled out o. any
and 81 surplua net prohts. whenever asrer
tained. 10 cumulative dividends az the rate
% ten per cent per Annnm in each ana
every year IN prefercnre aud priority 60 ans
paymen Of any dividends on the foiniuon
stock for such year The common stock shal
be subject 60 the prior rights ef holders 1l
Tho preferred stack - hersiu declared. u
after, providing for the payment. Of fail div
idcnds for any yent on the preferred stock
and for any balance that MAJ remain due on
he cumulative diyidends on such Preierrst
stock for preceding Neara. there shall rcinalf
any surplus net prohts, an5 and all t@cl
surplus net prohts not in the epiuion of th'
Board r. Directors required TO provide fpi
the maintenanec. improvement snlAreerehi
and operation u the property and husines'
ut the corporation, or for the payment ol
~ n'snd,,s, 'ssll be sPpiiessle 10 diyi
10 the extent o. bot not exceeding ten pei
cent upon the said common stock, when ant
IS from time 20 tlinr the same shall be- Dc
clared BY the Board % Directors which DIV
idsnd upon the common stock shall not D.,
cumulative but shall only be- paid u earned
The remainder Of any such surplus net prof
~ further dividends equally per share updf
both preferred and common stock, The
RNANN ~ hNItfNMNH may NNfNMFN ana OUT OF
snch. surplus net profits may pay, hnnua
dividends upon the common stock Of tho
snld Corporation. 20 the rxtrnt o. not "a
cecdihg ten per rent upon such comm ~
stock. hut no such annual dividends shall b,
declared Or paid until tho cumulative did
dends shall have been paid In full upon a.,
preferred stock Tor such year ana for 81
preceding years aud after the payment ol
such cumulative dividends upon the preferred
stock. and such diNidcnd1 upon the common
stock To The amount Of but not eseseding
I ten NFT cent out of mmN further HuFulfH mel
profits the Hoard 81 DIRECTOR NAV declare
aod pay dividends equally per share upor
The preferred and common stock IN cas'
Of tho dissolution or termination Of the Co.
p%oratiun. the preferred stock and the hold
era thereof shall also De- entitled "a prefer
ence an the ditirihution ~ tho assets AM
property Of tho Corporation. sud any and al
such assets and property in ease ~ such dis
solution shall be applied hrst 70 the ay
ierrrd capital stogk at par WITH ell rutnu
latiNr dtNideuds thereon in preference aut
priority 20 any payment upon the common
stock, and second. 10 tho payment 81 M
principal Of the common stock az pa ans
any balance remaining shall be divided equal
- pei share among the holders u preferred
All d such capital stock may be- issued al
such times o. the Board Of Directors may. hi
resolution. direct either Tor real Or persons
property sold or conveyed TO The Corpora
ton. or for services or labor rendered 20 The
Corporation, and the capital stock 40 issued
shall thercupon become sud be iniy raid uf
49,. ".H NN y" -" ~
iual fraud 10 the transaction. The judgment
NJ the DIRECTOR a. 60 ihr value 81 the prop
ery purchased aud %servicea rendered shall
ARTICLE y.
The names aud Post once addresses ol
ne incorporation aud the npmber Of Hharr'
u stocks for which s~eNerally aud rrHpect
iyeiy each herehy subscribe. aegregatinl
~ the amount with which the Cor
porauon viii business, are 81
% u Alderman. Albuquerque New Mexico
20 shares % Common stock
= psgni.on. Aibuguerque, New MeSico
? Shares Of Common stpck.
~ H. AidcunaL Albuquerque, New Mcs.
ieo' . shares q Compon stock.
The time for which this Corporation ID "a
exist Is hfiy yeurs fro,n and alter IT, incor
ARTICLE WI
In furtherhnce and not in limitation, OF
The powers conferred ~ statute. or IN limi'
tation or rcstrictign Of is powers 20 make
by-iaws the Board Of Director, of the Cor
p%pration are authorized.
A. To hold their merlingn, and have one
or more omrrs. and keep he hooks Of the
Corporation within. Or trNcept a. oiherNtst
provided by statutfl without che state oi
New Mexico, ~ such places a. may from time
10 time ho desiguated b. thcm
To make alter amend. and reseind 10
bylaw Of the Corporation To a. The
amount 10 be- reserved Is WORKING capital 90
authorize and cause 90 hr executed, mort.
gagcs. deeds Of trust, honds. debeniures.
Hens. end other instrumentH adettng the
real aud personal property u the Corpora.
ton To Arll ashigni tranHirrt or 0therWiae
dispose of The whole, OF any part of the prop
crty Of the Corporation, including The fran.
thitg OR franchise thereof; from time Ia
time, 10 determine whcthrT and TO what ca
tent and ~ what time nnt place. nnd undrr
ahAt conditions aud rnsuiatiunE. the book
Of the Cooperation yt4ecpt stock and trans
Ter hooksl or any of them, shall w open Tor
the inspection 81 tho siuchhnldeu, and NO
stoekholdef shall have the right u inspecting
NHN mFTuuuf ar NNuN. or NurHfuNUH Of The
Corporation. except a. conferred by statute,
nr authorized by the Board Of Directors. or
h3 r. resolution Of the stnfkholdcrss
~ To authorize one or more ~ their
numbcr 10 constitute IN eAerutiNt committed.
which committee shah Tor the time being and
uufh said resolution be ~rehclnded. or The by
lava othorrise provide. have end exercise all
81 the powers Of tho Board Of Directors.
which may be lawfully deleeated. In the
management Of the business Affairs Of The
Cofporetioni and han have power 10 uathor'