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Collection: Original Records > Articles of Incorporation
Jack Bing Yock, Inc (AI-J027)(1975) (7 pages)
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Page: of 7
(h) From time to time to apply for, purchase,
acquire by assignment, transfer or otherwise, exercise, carry out and
enjoy any benefit, right, privilege, prerogative or power conferred
by, acquired under or granted by any statute, ordinance, order,
license, power, authority, franchise, commission, right or privilege
which any government or authority or governmental agency or corporation,
or other public body, may be empowered to enact, make or grant; to
pay for, aid in, and contribute toward carrying the same into effect,
and to appropriate any of this corporation's shares, bonds and/or
assets to defray the costs, charges and expenses thereof.
(i) To subscribe, or cause to be subscribed for,
and to take, puxchase and otherwise acquire, own, hold, use, sell,
assign, transfer, exchange, distribute and othemdse dispose of, the
whole or any part of the shares of the capital stock, bonds, coupons,
mortgages, deeds of trust, debentures, securities, obligations,
evidences of indebtedness, notes, goodwill, rights, assets and property
of any and every kind, or any part thereof, of any other corporations,
association or associations, firm or firms, or person or persons,
together with shares, rights, units of interest in, or in respect of,
any trust estate now or hereafter existing, and whether ereated by the
laws of the State of California or of any other state, territory or
country; and to operate, manage and control such properties, or any
o£ them, either in the name of such other corporation or corporations
or in the name of this corporation, and while the owner of any of
gaid shares of capital stock, to exercise all the rights, powers and
privileges of ownership of every kind and description, including the
right to vote thereon, with power to designate some person or persons
for that purpose from time to time, and to the same extent as natural
persons might or could do.
(3) To promote, or to aid in any manner financially
or otherwise, any person, firm, corporation or association, of which
any shares of stock, bonds, notes, debentures or other securities or
evidences of indebtedness are held, directly or indirectly, by this
corporation; and for this purpose to guarantee the contracts, dividends,
shares, bonds, debentures, notes and other obligations of such other
persons, firms, corporations or associations; and to do any other
acts or things designed to protect, preserve, improve or enhance the
value of such shares, bonds, notes, debentures or other securities or
evidences of indebtedness.
(k) To borrow and lend money, but nothing herein
contained shall be construed as authorizing the business of banking,
or as including the business puxposes of a commercial bank, savings
bank or trust company.
(1) To issue bonds, notes, debentures or other
obligations of this corporation from time to time for any of the objects
or purposes of this corporation, and to secure the same by mortgage,
deed of trust, pledge or otherwise acquire its own bdnds, debentures
or other evidences of its indebtedness or obligations; to purchase,
hold, sell and transfer the shares of its own capital stock to the
extent and in the manner provided by the laws of the State of California
as the same are now in force, or may be hereafter amended.
a.