Douglas daily dispatch., 1926-01-01
LEGAL NOTICES

ent rights, licenses and privileges, in
ventions, improvements and processes
trade marks and trade names, re-
lating to or useful in connection with
amy business of this corporation.
To enter into, make, perform and
carry out contracts of every kind,
for any lawful purpose, without limit
as to amount, with any person, firm,
association or corporation. To draw,
make, accept endorse, discount, ex-
ecute and tissue promissory notes,
bills of exchange, warrants and other
negotiable or transferable instruments.
To issue bonds, debentures or obi-
cations of this corporation from time
to time. for any of the objects or
purposes of the corporation, and to
secure the same by mortgage, pledge
deed of trust or otherwise.
To purchase, hold and REISSUE the
shares of it's capital stock
To have one or more offices, to
carry on all or any of it's operations
and business and without restriction
or limit as to amount, to purchase or
otherwise acquire, to hold, own, to
mortgage, sell, convey or otherwise
dispose of real and personal property
of every class and description in any
Of the States, Districts, Territories
or Colonies of the United States, and
in any and all foreign countries, sub
ject to the laws of such State, Dis
trict, Territory, Colony or Country.
The foregoing clauses shall be con-
strued both as objects and powers;
and it is hereby expressly provided
that the foregoing enumeration of
specific powers shall not be held to
limit or restrict in any manner the
powers of this corporation.
In general, to carry on any other
business in connection with tt fore
going, whether manufacturing or
otherwise, and to have and to eX-
ercise all the powers conferred by
the laws of Delaware upon corpora
tions formed under the act hereinafter
referred to.
FOURTH The total authorized cap
ital stock of this corporation is two
hundred and fifty thousand dollars
($25O OO00O) divided into two hundred
and fifty thousand (250, ,O0O) shares of
one dollar ($1.OO) each.
The amount of capital stock with
which this corporation will commence
business is the sum of two thousand
dollars ($2,OOO.OO) being two thou
sand (2,OOO) shares of one dollar
($10O) each.
FIFTH. The names and places Of
residence of each of the original sub
scribers to the capital stock and the
number of shares subscribed for by
each are as follows:
NAME RESIDENCE NUMBER OF
SHARES
Samuel W. Traylor, Jr. Philadelphia,
Pa, 998. :. +
Walter G. MacFarland, Philadelphia,
Pa, 997.
David H. Miller, Philadelphia, Pa, 5.
1000
SIXTH. This corporation us to have
perpetual existence.
SEVENTH. The private property
of the stockholders shall not be sub
ject to the payment of corporate debts
to any extent whatever.
EIGHTH The signers of the Ger
tificate of Incorporation, being all
the Incorporators, shall have the di-
rection of the affairs and of the or
ganization of the corporation, and may
hold meeting or meetings in person
or by proxy, and at such meeting or
meetings elect directors and take such
steps as are proper to obtain the
necessary subscriptions to the stock
and to perfect the organization. Of
the corporation.
In furtherance, and not in limita-
tion of the powers conferred lby
statute, the Board of Directors arc
expressly authorized:
To make, alter, amend and re-
scind the Bylaws of this CORPORA
ton, to fix the amount to be re-
served as working capital, to auth
orize and cause to be executed mort
cages and liens upon the real and
personal property of this corpora
ton.
From fine to time to determine
whether and to what extent, and at
what time and places and under
what conditions and regulations, the
accounts and books of this corpora
tion, (other than the stock ledger)
or any of them, shall be open to the
inspection of the stockholders; and
no stockholder shall have any right
of inspecting any account or book
or document of this corporation ex-
cept as conferred by statute or auth
orized by the Directors, or by
resolution of the stockholders.
| If the Bylaws so provide, and by
a vote of a majority of the whole
board, to designate two or more Of
| their number to constitute an Execu-
tive Committee, which Committee
shall for the time being, as provided
| in said resolution or in the Bylaws
] of this corporation. have and eXer-
else any or all of the powers of the
Board of Directors in the manage
ment of the business and affairs of
! this corporation, and have power to
authorize and seal of this corpora
ton to be affixed to all papers which
may require it.
| Both stockholders and directors
shall have power, if the bylaws SO
provided, to hold their meetings
either within or without the State
| of Delaware, to have one or more
offices in addition to the principal
office in Delaware, and to keen
books or this corporation (subject
to the provisions of the statute) out
side of the State of Delaware at sucn
/ +n