Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1922-01-25

ings of the company, and Is sub
ject to redemption by the company
at any time after five years by
paying par value together with all
accrued dividends, however notice
of thirty days must be given the
holders of said stock before re-
demption can be had. Notice shall
be given by placing in the Unite
States mail letter addressed to
holder of record of said stock.
Fifth. The amount of capital
stock with which this corporation
will commence business is one
Thousand Dollars (s1.000.00).
Sixth. The names and places of
residence Of the original subscrib-
ers to the capital stock and the
number Of shares subscribed for by
each are as follows:
L. Il. Jones, Wichita Falls, Tex
as, ESQ shares common.
]. c. Wharton. Wichita Falls,
Texas, ESQ shares common.
V. T. Jones, Wichita Falls. Tex
as ESQ shares common.
]. r. Wilson. Wichita Falls, Tex
as, ESQ shares common.
Seventh. This corporation is to
have perpetual existence.
Eighth. The private property of
the stockholders shall not be sub
ject to the payment of corporate
debts to any extent whatever.
Ninth. In furtherance. and not
, 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 it's capital
stock paid in. to authorize and
I cause to be executed mortgages
and liens upon the rea. md per-
sonal property of this corporation.
From time to time to determine
whether and to what extent, and
at what times and places, and UNI
der what conditions and regula-
lions, 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 stakeholder 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 di.
rectors.
If the bylaws so provide, tc
designate two or more of its mum.
I Der to constitute an executive com.
mittee, which committee shall fol
the time being. as provided in said
J 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 o.
the business and affairs of this cor
poration, and have power to au
thorlze the seal of this corporation
to be affixed to all papers which
may require it.
Pursuant to the affirmative vot'
; of the holders of at least a major
ity of the stock issued and out
standing having voting power. Civ
| en- at a stockholders meeting dull,
) called for that purpose, or whel
authorized by the written consen
| or at least majority of the hold
, ers of the voting stock issued an,
: outstanding, the board Of director
: shall have power and authority a
3 any meeting to sell, lease or ex
change all of the property and as
/ sets of this corporation, includin
j. its good will and its corporal
/ franchises, upon such terms an
/ conditions as its board of director
4 deem expedient and for the hes
r interests of the corporation.
81 onrNnra t{o,x vr1n,, Ia, Tee hN
r laws confer powers upon it's direct
: ors in addition to the foregoing
Q and in addition to the powers an
d authorities expressly conferre
n upon them by the statute.
Both stockholders and director
: shall have power, if the bylaws S
r provide, to hold their meeting
n and to have one or more office
e within or without the state Of Della
Il ware, and to keep the books of tn
r corporation (subject to the prov
e sions of the statutes), outside {
: the state OF Delaware at sue
IS places as may be from time
i time designated by the board CT d
It rectors.
J. Tenth. This corporation reserve
= the right to amend. alter. chane
J. or repeal any provision contained
Ie this certificate of incorporation,
,r the manner now or hereafter pr
g scribed by statute. and all RICH
conferred upon stockholders herr
n in are granted subject to this r.
p servation.
, We, the undersigned, being eae
If of the original subscribers to Il
ID capital stock hereinbefore name
II for the purpose OF forming a co
l. poration to do business both witt
D. in and without the state Of Del
to ware, and in pursuance of the Gel
(; eral Corporation Law of the sta
L. of Delaware. being Chapter 65
is the Revised Code Of Delaware, al
ID the acts amendatory thereof al
liz supplemental thereto, do make al
I'd file this certificate. hereby decla
n ing and certifying that the fac
e. herein stated are true. and do r
spectively agree to take the numb
n OF shares of stock hereinbefore :
It. forth, and accordingly have her