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Collection: Original Records > Articles of Incorporation
Los Nietos Company (AI-L045)(1950) (7 pages)
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Page: of 7
wane egy Ye ony ose . the attainment” : ieee
in these Articles de mace eee enumerated, or incidental £0’ the
powers herein specified; and to contract, upon any terms, and ae
to establish any legal relationship or status, with any person, iirm
or corporation tq do for this corporation, and to contract with any
person, firm or corporation for this corporation to do for him or it,
each and everything and anything which this corporation could do for
itself. f
(13) To purchase or otherwise acquire all or any part of
the good will, rights, assets, property and business of any person,
firm, association or corporation heretofore or hereafter engaged in
any business similar or dissimilar to the businesses herein mentioned,
and to pay for the same in cash or in stock, bonds, notes or other
obligations of this corporation or otherwise, and to hold, enjoy and
in any manner hypothecate or dispose of the whole or any part of the
rights and property so acquired, and to assume in connection therewith
any liabilities of any such person, firm, association or corporation,
and to conduct in any lawful manner and in any country, state or locality the whole or any part of the business thus acquired, and to exer-—
cise all the powers necessary or convenient in and about the conduct
and management of such business.
(14) To acquire by purchase, subscription, exchange or
otherwise, and to own, hold, sell, assign, transfer, exchange, hypothecate, pledge or otherwise dispose of, any of the shares of the capital
stock of, and/or voting trust certificates for any shares of the capital stock of, and/or any bonds, debentures, notes, securities, mortgages or other evidences of indebtedness created or incurred by, any
public, municipal, quasi-public or private corporation or association
of any kind or any partnership, trust or individual; to issue and
exchange therefor shares of stock, bonds, notes or other obligations
of this corporation; and as owner thereof to exercise all the rights,
powers and privileges of ownership, including the right to vote any
of the shares of stock or voting trust certificates thus owned; upon
a distribution of the assets or a division of the profits of this
corporation to distribute any such shares of stock, voting trust certificates, bonds or other evidences of indebtedness or the proceeds
thereof among the stockholders of this corporation; to aid in any
manner which shall be lawful any corporation or association in which
any bonds, stocks, voting trust certificates or other securities or
evidences of indebtedness shall be held by or for this corporation
or in which or in the welfare of which this corporation shall have
any interest; and to do any acts and things permitted by law and designed to protect, preserve or enhance the value of any such bonds,
stocks or other securities or evidences of indebtedness or the property of this corporation, and to carry on a general investment business
in all its branches.
(15) To guarantee the payment of dividends or the payment
of sinking fund requirements upon the stock, or the payment of the
sinking fund requirements, or the principal and interest, or either,
of any bonds or obligations or evidences of indebtedness, or the performance of any contract, of any such corporation or association,
insofar as, and to the extent that such guarantee may be permitted
by law.
(16) To borrow and lend money and to negotiate loans.
(17) To issue bonds, debentures, notes or other obligations
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.
(18) To enter into, make, perform and carry out contracts
of every kind for any lawful purpose, without limitation as to amount,
and with any person, firm, association or corporation whatsoever.
(19) To carry on any other lawful business whatsoever which
the directors may deem advisable or proper or convenient, or which
may be calculated directly or indirectly to promote the interests of
the corporation, or to enhance the value of its properties; and to
have, engage in and exercise all the rights, powers and privileges
which are now, or which may hereafter be conferred by the laws of
SS eR a eS
"of any of the $bjécts ~~
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