Bisbee daily review., 1920-03-10

gations and securities of any company, or of any authority, state. municipal, local io or otherwise; or of any person or individuals, together with the interest thereon.
 i 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-eSecutor, or other person. or from the insufficiency, i'm perfection. or deficiency of title to prop- erty or from any insufficiency. imperfec- 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 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 imperfec- ton or deficiency of title. or in respect of any encumbrances or outstanding rights.
 1D 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 re-in- '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.
 QO To contract with borrowers. lenders. annuitants and others for the establishment, accumulation, provisions and payment of sinking funds, redemp- tion funds. depreciation funds, renewal funds. endowment funds. and any other qnQQtal rA hot eft fv,a oil eration of. a lump sum or of an annual premium or otherwise. and generally on such terms and conditions as may be arranged.
 tee and receiver. whether official or oth- erwise. eEecutor. administrator guard ian. assignee. registrar, treasurer. and any other offices or situations of trust charge the duties and functions incident thereto. and generally to transact all kinds of trust and agency business. either gratuituousiy or otherwise.
 (2o) To furnish and provide deposits and guarantee funds required in relation to any order of court or to any tender or application for contract. concession. decree. enactment. property or privilege, contract. concession, decree or enact- ment.
 (2) To receive securities and valu- ables of all kinds on deposit for custody or otherwise, and generally to carry on the business of a safe deposit company.
 (22) To borrowand receive money up- on such terms and rates of interest as may seem expedient. and to issue bonds. deoentures. and obligations and evidenc- esof indebtedness of all kinds, whether secured by mortgage. pledge or other wise. without limit as to amount and in the absolute discretion of the direc- tors. and to secure the same by mort gage pledge. deposit or otherwise, and nrACpR1S fn lawful purpose.
 (23) To carry on any other business which may seem to the Company capa- 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- sets to specific purposes. either condi- tionally or internationally. and to admit any class or section Of those who insure 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.
 (25) 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.
 r(26) To pay, satisfy. or compromise any claims made against the Company which it may seem eIDedient to pay. satisfy or compromise. To re-insure and effect counter guarantees.
 CPD 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. person. firm, association or corporation. '-'
 (2s) To issue bonds to secure damag- es incurred through the taking of lands under right of eminent domain.
 (2S) To purchase or otherwise ac- quire. hold and reissue the shares of its capital stock. bonds. debentures or other
 (90) To remunerate any person or persons or corporations for services rem dered. or to be rendered. in placing or assisting to 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. conduct its business and to purchase. lease or otherwise acquire. hold. i'm 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 beyond the limits Of the State of New Mexico. and in any other State. district or territory Of the United States of and in 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 to amount and subject to local laws: to acquire fran chises and rights Of user in roads. l streets, avenues and public places in 1 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 business of the Com pany. and to lease. grant rights or priv ileees in respect to. sell or dispose of the same.
 (82) To do all and everything neces- sary. suitable or proper for the accom-