Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1921-06-07

To purchase, hold and reissu,
any Of the shares Of its capita
stock.
In general to carry on any Other
business in connection Herewith
whether manufacturing or other
wise, not forbidden by the laws oil
the State of Delaware. and with al
the powers conferred upon cOrpo.
lrations by the laws Of the state OF
Delaware.
FOURTH: The amount Of the to.
| tai authorized capital stock Of thi.
j. corporation is Three Million Dol.
lars ($3,O00000J divided into three
million shares, Of the par value OF
/ One Dollar C$1.00) each,
! OF said stock none shall be pre-
| ferred stock, and three million
shares shall be common stock.
The membership Of the Board
of Directors may be Increased al
any special or regular meeting OF
the stockholders of the Corpora
tion to a number not In excess of
seven the Board of Directors be-
ing given the right to elect from
among the stockholders at any of
| its meetings a Director or Diree-
tors. to fill any vacancies occur
ring in the Board of Directors at
any time.
The amount Of capital stock with
which this Corporation will COM
mence business is One Million five
hundred thousand dollars ($1,500,-
! O00).
FIFTH: The names and places
of residence Of each Of the sub
scribers to the capital stock are as
/ follows
Name Residence
j. J. dePraslin. Lake Charles,
Louisiana.
Margaret C. dePraslin, Lake
Charles, Louisiana
J. b. Bailey, Dover, Delaware.
SIXTH; The existence Of this
Corporation is to be perpetual
SEVENTH: The private property
of the stockholders shall not be
subject to the payment Of corpo-
rate debts to any extent whatever.
EIGHTH: The Directors shall
have power 20 make and to alter
or amend the By-laws to fix the
amount to be reserved as working
| capital and to authorize and cause
to be executed, mortgages and liens
1 without limit as to amount upon
| the property and franchises of this
/ Corporation.
4 With the consent in writing. and
pursuant to a vote of the holders
of fifty-one per cent OF the capital
stock issued and outstanding, the
/ Directors shall have authority to
| dispose, in any manner, of the
! whole property Of this Corporation.
The Bylaws shall determine
whether and to what extent the aC-
counts and books OF this corpora
| ton or any Of them. shall be open
| to the inspection Of the stockhold-
! ers; and no stakeholder shall have
any right Of inspecting any account
! or book or document Of this Cor
poration, except as conferred by
! law or the bylaws. or by resolu-
| ton of the stockholders.
The stockholders and directors
rhall have power to hold their
meetings and keep the books. doc
uments and papers Of the corpora
ton outside of the state of Della
ware, at such places as may be
from time to time designated by
| the Bylaws or by resolution Of
the stockholders or directors.
The directors shall have power
by a resolution passed by a ma
| iority vote Of (the whole) Board,
under suitable provision of the By
! laws, to designate two or more Of
| their number to constitute an Ex-
eeutive Committee, which Commit
! tee shall for the time being, as
provided In said resolution or in
the Bylaws, have and exercise any
or all the powers Of the Board of
/ Directors which may be lawfully
delegated in the management OF
the business and affairs of the
Company and shall have power to
authorize the seal of the said
Company to be affixed to all pa
pers which may require 1t.
This Corporation reserves tAe
right to amend, alter. change or
repeal any provision contained in
this Certificate of Incorporation,
in the manner now or hereafter
prescribed by the statutes of the
State of Delaware, and all rights
conferred on officers. directors and
stockholders herein are granted
subject to this reservation.
1t is the intention that each of
the objects, purposes and powers
specified in all the paragraphs of
the third Section hereof shall be
re garded as independent objects.
purposes and powers.
We, the Undersigned, for the
Z ~ -. T,s,gR