Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-01-24

in limitation of the powers con-
ferred by statute, the board of d.
rectors is expressly authorized:
To make and alter the bylaws
| OF this corporation, to fix the
amount to be reserved as working
capital over and above its capital
stock paid in. to authorize and
cause to be executed mortgages
and liens upon the real and per-
soual property of this corporation.
From time to time to determine
! whether and to what extent. and
at what times and places. and I'M
der what conditions and regula-,
tons, the accounts and books of
this corporation (other than the
stock ledger, or any of them. shall
be open to inspection of stockhold-
ers; and no stockholder shall have
any right of inspecting any ac-
| count, book or document of this
| corporation except as conferred by
/ statute, unless authorized by re-
solution of the stockholders or d.
! rectors.
II the bylaws so provide, to
designate two or more of its num-
Der to constitute an executive COM
mittee, which committee shall for
the time being. as provided in,said
resolution or in the bylaws OF this
corporation, have and exercise any
or all Of the powers of the board
| OF directors in the management of
| the business and affairs Of this cor
poration, and have power to au-
thoriZe the seal Of this corporation
to be affixed to all papers which
may require it.
Pursuant to the affirmative vote
of the holders of at least major
| ity of the stock issued and out
standing having voting power, Civ
en- at stockholders meeting duly
called for that purpose. or when
authorized by the written consent
or at least a majority OF the hold
ers of the voting stock issued and
outstanding, the board OF directors
shall have power and authority at
any meeting to sell, lease or ex-
change all of the property and as
sets of this corporation, including
it's good will and its corporate
franchises, upon such terms and
conditions as its board of directors
deem expedient and for the best
| interests Of the corporation.
This corporation may in It's by
laws confer powers upon its direct
ors in addition to the foregoing,
and in addition to the powers and
authorities expressly conferred
upon them by the statute.
Both stockholders and directors
shall have power, If the bylaws so
J proyide, to hold their meetings,
and to have one or more offices
within or without the state of Della
ware. and to keep the books of this
corporation (subject to the provi-
sions OF the statutes), outside or
the state of Delaware at sucn
places as may be from time TO
time designated by the board OF Ill
rectors.
Tenth. This corporation reserves
the right to amend. alter. cnange
! or repeal any provision contained IN
this certificate of incorporation, IN
| the manner now or hereafter pre-
! scrihed by statute, and all rights
conferred upon stockholders mere
in are granted subject to this re-
servation.
we, the undersigned, being each
Of the original subscribers to the
/ capital stock hereinbetore natneo
| for the purpose Of forming a cor
| poration to do business both with
I in and without the state OF Della
ware, and in pursuance OF the Gem
| eral Corporation Law of the state
of Delaware. being Chapter IS OF
the Revised Code OF Delaware, and
the acts amendatory thereof and
supplemental thereto, do make and
file this certificate, hereby declar-
ing and certifying that the facts
| herein stated are true. and do re-
spectively agree to take the number
of shares Of stock hereinbefore set
forth, and accordingly have here
unto set our hands and seals this
oath day of March, A. D., 1920.
L. r. JONES. (SeaD
V. T. JONES, (Seal)
]. C. WHARTON, (SeaD
J. r, WILSON. (SeaD
In presence of Geo. V. Forest,
Chas. II. Smoot.
State of Texas, County OF Wichita.
| Be It remembered that on this
Gath day of March, A. D., 1920. per-
sonally came before me, a notary
public for the state of Texas, i. e.
/ Jones, J. C. Wharton, V. T. Jones
and j. r. Wilson, parties to the
foregoing certificate of incorpora-
i ton, known to me personally to be
such. and severally acknowledged
the said certificate to be the act
and deed of the signers respective
" and that the facts therein stated
are truly set forth.
Given under my hand and seal
of office the day and year afore-
. said.
(SeaD s. HEYSER,
| Notary Public, Wichita County
Texas.