Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-01-08

the number Of shares of capital
stock subscribed for by each. the
aggregate of which snail be the
amount with which the corporation
shall commence business, are as
follows:
M. II. Sabin. Albuquerque, N.
NJ; 1000 shares.
c. w. Potter, Albuquerque. N.
M; 1000 shares.
+. w Roberts. Albuquerque, N.
M; 1000 shares.
VI,
The time for which this corpo-
ration shall exist shall be fifty
years.
VII.
In furtherance and not in limi-
tation OF the powers conferred by
statute, the board of directors are
expressly authorized:
To manufacture. purchase or
otherwise acquire goods, wares,
merchandise and personal property
of every class and description, and
hold, own. mortgage. sell. or ether
wise dispose Of. trade. deal in and
deal with the same.
To acquire and undertake the
goodwill, property, rights. fran
+chises. contracts and assets of every
manner and kind. and the liabilf-
ties of any person, firm. associa-
ton or corporation, either wholly
or In part. and pay for the same In
cash, stock or bonds of the corpo-
ration. or otherwise.
To issue bonds. debentures or
obligations of the corporation. and
at the option OF the corporation, to
secure the same by mortgage,
pledge, deed of trust or otherwise.
To hold, purchase or otherwise
acquire, sell, assign. transfer, mort
gage, pledge or otherwise dispose
of shares Of the capital stock and
bonds, debentures or other evil
dences OF indebtedness created by
other corporation or corporations,
and while the holder thereof, exer-
else all the rights and privileges of
ownership, including the right to
vote thereon.
To purchase, hold and reissue
the shares OF its capital stock, its
bonds or other securities.
With view to the working and
development of the properties Of
the corporation. and to effectuate.
directly or indirectl- It's objects
and purposes, or any of them, the
corporation may, in the discretion
of the directors, from time to time,
carry on any lawful business man.
ufacturing or otherwise. to any ex-
tent and in any manner not I'M
lawful.
To make. alter, amend and re-
scind the bylaws of the company.
To fix the amount to be reserved
as working capital. to fix the times
for the declaration and payment of
dividends. and to authorize and
cause to be executed mortgages and
liens upon the real and personal
property of the company. provided
always that a majority of the whole
board concur therein.
The company reserves the right
to amend alter or repeal any pro-
vision coDtained in these Articles
of Incorporation. in the manner
now or hereafter prescribed by
statute, and all rights conferred on
stockholders herein are granted
subject to this reservation.
In Witness Whereof. we have
hereunto set our hands and seals
! this S1st day OF December. A. D.
1921.
NJ. II. sABIN. (seaD
c. w. POTTER. tSeaD
F. w. ROBERTS. (SeaD
State Of New Mexico. County OF
Bernalillo, IS.
On this 31st day of December,
A. d. 1921. before me personally
appeared NJ. II. Sabin. C. w. Pot
ter and F. w. Roberts, to me
known to be the persons described
in and who executed the foregoing
instrument. and acknowledged that
they executed the same as their
free act and deed for the uses and
| purposes therein set forth.
In Witness Whereof. have here
unto set my hand and affixed my
official seal the day and year first
above written.
! (SeaD FERN NICHOL.
Notary Public. Bernalillo County.
| New Mexico.
My commission expires Deem
! Der z. lsz3. - - - -. --------------