The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-09-13

iu furryinE on or handling the businets Of
b. necessary or r0nvenirut Tor fhs carrying
On o. handling u the company 3 business
part. u the capital stock Of other corpora
uunH engaged M the Nhulasslr o. retail
xfoeery ougirsss ~ may BE- o. seem Necessary
Or advisable In conducting said husiness, and
10 vote the sams and sell Or dispose 81 the
same a. manner o. may be- deemed advisablc
~ al ~ Otherwise dispose Of any Of ~
prgprriy aud in general 10 DO any and an
ih3rEs Necessary. convsuieut ur proper f0r
earn ing on q Wholesale iohbing business
THIRD The capital stoel Of our aid
cunnpany shall b. one Million Five Hundred
rhoussnd Dollars (fi5O0. 0uol. to be a.
sided into fifteen thousand lia. 0o0l shares
Of the par vainr Of une Handrec Dollar
hundred fTsaool shares shall BE- common
siors ana seven thousand five hundred
t7.sonl shares shall Be preferred stock
The preferred capital stock shall be- pre-
isrrsd a. 10 assets Of the Company anu be-
tatitlru ~ cumulative dividends 81 seven De- q
gsnt pes snnem and no more, ~ TO and
shall be sunued To cumulative diyidsnas u
- per e,at ~ Hnnun aud no more All
payable put Of the surplus pronis u the
COMPANY before any digidsnds shat BE- paid
upon, or set aside for. ths common siock,
y a. aslss ~ payment Of said preierrsd
dlyidepds 10 equal rsTtA shall be toe tenth
days pf January and July Of each year
- a'n al aividsnas upon the preferred stock
snaii have been paid in fuu az g. aud iu.
sladihg the ssini annual lnstallment last due
lnen, ana not an thsn. may dividsnds be-
DECLARED sst aside for or psia upon The
Pour Hundred Thousnnd Dollars tsi0o.
gopI par value ~ said pfeirrrtd stoek. and
t~f3So.u0ul par value VI said common stock.
.aes sr 4ssatu az par by tne board Of dree
ior, in r,turn ana payment Tor properly 81
assigned or Transferred 70 ihe company. 81
y ~ iuasmeat Of Cha board ~ a%irrrtor.
proper and desirable Ard the discretion ana
.-usiacnt ~ tns directors when 30 exercised
hsi 40 me ans,nce Of walful malioasaner.
from said Four Huadrsd fheusaad Dollars
tsavVVuu) par value Of said preferred
stock 40 further or additional preferred
o. exchanged except AZ par and Thea only
-aeh ine cash 81 propefty a. be- received
md assets 81 the company. shall fqual in
talur double the amount Of the par value
y the prgicrrea stock 81 the company iuAurd
iHd ouistsndluE ineiading the additional
HoffFftd sfafa thus o. ht issned.
iu ease 81 liquidation, dissolution or
finainf % N%hethef voluntary Or %insolun
preferred stock shall b. snufied 60 be paid
. tai both the par raount n their shHrsf
.py siuount BE- paid 60 tho holders Of rom
mon afock. aud after such payment in mll
Ntmulnluf assets anu funua shall De-
divided between aud paid TO the holders n
f~psetivo holdings.
p.. sioek shall have 10 voting
saurT and thH holdtrn thereof ttan NOT D.
tfief a. fereiFo uuiiee ~ any msffinan
q atockholdfs. but The holders u said pre-
fcrfed stock or those holding mslanty
hereof nhali after January a. 1923. have
me right 81 al times 90 name and De- Enatr
three 90 out u the seven tD directors
constituting the board Of dlroctou 81 said
coapanf snd The huiders u the common
Ffocf shall elect The persons ao dulmalrd.
and n TAO cuusfruNef seiai annual Install
aeafs 81 diridends Eltil have accrued ard
remain unraid on said preferred sierh. fhrr
sud IN such event, onty thF faia prrirrrrd
slockholdera aTuing rnd holding a malnriiy
q the pfsfsfrad stock fheu outsfandlnF
hail hafs the rlrht aud privilege iu nnmr
one additional director 81 said COMPANY.
And the person so named and designated Isl
said preferred ftofkholders shall thereurnr
be- given . place on said board Of directors
ln inanner a. falluna One uf inc four al
racfors rs.FearntinE and designated hy $40
majority 81 the cominon uorkhrlders who
shall be- nraignaita by a majority ~ said
four directors for that purpose. ahhi iinms
] diBiely Traizu "a q director sad said board