The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-07-08

half Of any isdlvidusl fra. association
Or corporation. engaged In any line Of en-
dsavor
a-To operate a general Insurance and
bond agency for the purpose Of soliciting snh
underwriting all forms o. Insurance. and H.
deity. guaranty and surety bonds.
3-To purchase, ,ssse. OF otherwise &c.
qulre, IN whole or IN psrt, the business, rVed-
will. righte, franchises and property of every
lind. and 60 undertake the whole or auY pert
Of the asasts or liabilities. o. any person.
firm. association OF corporation sngHged IN
or authorized to conduct any business, and
TO pay for the same In cash, In the stock OF
bonds Of thia company. or otherwises 20 hold
or 10 any manner dlspose u the whole OF
any part Of the business 20 acquired, aua 10
exercise al the powers necessary or inef
dental 10 the conduct Of such business.
tai TO acquire by purchase. subscrip
ton or otherwise, and 10 hold o. Investment,
any bonds, or other secartties or evidences
of Indebtedness, or any shares Of capital
ton or corporations. association or assoeia'
tiuns tbl 70 purchase, hold. sell, assign,
transfer, inortssge,. pledge, OF oihervise dis.
Wilderness Of Indebtedness created or issued
BY any other corporation OF corporations, a.
ISOLATION or ASSOCIATIONS, and while the owner
thereof, 10 exercise all the rights. powers AID
privileges Of ownership tCl 10 purchasei
hold, sell, nssign, TRANSFER, mortgage. pledEs
Or Otherwise dispose o. shares Of the capital
stock of any other corporation or corpora
tons. association or associations. and while
the owner Of such stock 10 exercise all The
rights, powers aud privileges Of Ownership
inrludinE the right TO vote thereon tdl I,
aid in any manner any corporation or as
ISOLATION Of which any bonds or other -
c%uriti~s or evidences Of Indebtedness or stocl
nre held by this corporation and 10 do ani
acts or things designed to protect. preserve
Improve or enhance the value Of any suei
bonds or other securities or evidences OF in
debtedness or stock.
6-ln the purchase or acquisition 81 prop
erty, business, rights. or fraRehises. or FOL
additional working capital or for any othel
object in or about ia business or affaifs
aud without limit ~ TO amount TO incur debt
sud 10 raise, borrow and secure the payiaen
Of money Ia any lawful manner. Including
the issue aud sale or other disposition o
bonds. warrants, debentures. obligations
negotiable and transferable Instruments an
evidences Of indebtedneas Of all Kinds. wheth
er secured. BY mortgage. pledge, deed Of trust
or otherwise.
Ito conduct Ia business In other siAte'
territories aud possessions Of the Unite
States aud In foreign countries, aud ~ hav
one office OF more than one office, and Nee
the books Of the company outside OF the sta
Of New Mexico. except a. may be otherwis
provided by Law and To hold, purchase
mortgage aud ronNey real aud personAl pfoI
,rty either in OF out Of the State Of Net
Mexico.
To enter into. make. perform. and carr
out contracts Of every sort and Kind with an
private. public or municipal or body pol
tic. aud with the government u the Unite
States. or any state, Territory or possessio
iAFIfntf OF Ahg ioNfAhh N'NffNmfNAs
H-To acquire. own and hold such ret
aud personal property as may be neeessar
Or convenient Tor the trarsaction o. It's bus
ness.
s--To guarantee the payment Of dividend
or Interest on any shares Of stock, bonds q
dcbentures. or other securities OF obligation
VI this or any other compaal. whenever.
the judgment Of the Board Of Director
proper or necessary for the business Of u
company.
IO-The several clauses contained In III
statement Of purposes shall be- construed
both purposes and powers, aud the stat
mcnts contained In each clause, shall. excel
where otherwise expressed. BE- IN no VII
limited or restricted by reference 20 or Il
. ference from ths terms Of any other claus
but shall be regarded a. independent pu
poses and powers.
ll-in general but In connection with Il
= foregoing, the company may carry on az
. other business, and have and exercise a
the powers conferred by the Laws 81 u
= State Of New Mexico upon corporations u
I der the General Corporation Act IL belf
hereby expressly provided that the forcg
Ing enumeration Of specific powers shall a.
be- held To limit or restrict In any manui
g the general powers Of the company.
: "
This corporation Is authorized 10 issl
= capital stock In the amount ~ five huudrs
:. t5uul shares ~ the par value Of One HuI