The Arizona sentinel. [volume] (Arizona City [Yuma], Yuma County, A.T. [Ariz.]) 1872-1911, 1896-01-11
ARTICLES OF INCORPORATION
OF THE
Petroleum Steam 6eHe
orator Company

Know all men, by these presents, .Tha
we, the undersigned. VIM. H. H. Hart.
Eugene de Beauharnais, John c.. Beatty.
Rene Woodward, and Herbert T. Beatty,
desiring to incorporate ourselves under
the laws of the Territory of Arizona, for the
purpose of engaging in the business here
matter specified, dofmake, sign. adopt.
acknowledge and publish these Articles Of
Incorporation.
ARTICLE l.
The names of the persons hereby asso-
eating themselves together for the pur-
pose aforesaid are VIM. H. H. Hart,
Eugene de Beauharnais. John C.. Beatty
Rene Woodward, and Herbert It. Beatty
The name of the Corporation hereby form.
ed is the Beaaharnais Petroleum Steam
Generator Company. The principal place
for the transaction of its business shall be
in Yuma, in the Territory of Arizona.
with an executive and branch office at San
Francisco, California; and that the Board
of Directors may hold regular and special
meetings in said City of San Francisco.
and with the further privilege of maintain
ing its plants and transaeting its business
IN all parts Of the United States, the BUSH
ness mentioned in Article III to be con-
Quoted solely and only in the United
States.
ARTICLE II,
The general nature of the business pro-
posed to be transacted by this CORPORATION
IN the United States is to purchase and
secure United States letters patent. and TO
acquire and secure by purchase or other
wise the right to use, and to give licenses
for rights to use in the whole limited
States, or any part thereof, the patents and
inventions of Eugene de BauharnaTs and
to acquire United States Letters patent. bv
purchase or otherwise, and to acquire ali
real estate and personal property deemed
by the Board of Directors necessary and
y 70 fO -
business of the Company, and the construc-
ton and manufacture of all machinery
and appliances necessary to carry on said
business within the United States and tho
Territories thereof.
ARTICLE III.
The amount of the capital stock of the
Corporation shall be One Million Ie1 mn 0O01
dollars, divided into Ten Thousand no.
OOO) shares, OF the par value of One Hun
! dred (1OO) dollars each, and shall he f1IIv
pald-up before issue and worcestershire
| and the several incorporators hereof each
DO hereby subscribe to one share each of
stock respectively. --
ARTICLE Nv,
| The time of the commencement of thfa
corporation shall be the date of the filing
| OF these Articles of incorporation in tbo
office of the County Recorder of the Comfy
of Yuma, Territory of Arizona. and the
termination thereof shall be TWENTY-FIVE
4 renew
the period OF extension not greater than
twenty-five years upon the vote of three
1ourtns OF the capital stock at any regular
meeting called and held for that purpose.
ARTICLE '.
Inc affairs OF this Corporation shall be
managed and conducted by, and shall be
vested in Board of Directors CONSISTING ~
five persons, to be elected by and from Az O
stockholders of this Corporation on the first
Monday OF October, in each and evefy:year
at meeting of this Corporation to be- held
at una, Yuma County, Arizona provided
the following named stockholders khslI
serve as the Board of Directors until the re-
SuIar eIectlOn In october, 1896, and until
their successors are elected and onaIifed
VIZ: VIM. II. III. Hart; Eugene de Beaubar,
nais, John G. Beatty, Rene woodward and
Herbert L. Beatty; and, provided further
that IN the event of vacancy in the Hoard
OF Directors before any annual meeting
sald vacancy may be filled by a majority Of
the remaining members of the Board of
| Directors then in office And it is further
provided that three members of the Board
OF directors shall constitute a quorum for
the transaction of business, and that anv
meeting of the Board of Directors at which
| three Directors, or more, shall be present.
shall be legal meeting either with or with
OUT nouce 10 themselves, or the other men,
| bers.
Z. ARTICLE VI.
Inc highest Indebtedness direct or in
direct, to which this Corporation shall at
any time be subject shall not exceed Twenty
Thousand (2O,OOO) Dollars.
ARTICLE VII.
The private property of the stockholders
shall be exempt from the debts of thi, Cor
poratlOn, and no individual liability of
stockholders shall exist for corporate dents
ARTICLE VIII.
The Board of Directors shall have power
to establish Bylaws, name and designate
the officers of the Company, and make all
necessary rules and regulations as may be
by them deemed expedient for the manage
ment of this Corporation. not inconsisfent
with the laws of the United States, and the
laws of the Territory of Arizona.
In witness whereof, we have hereunto set
our hands and seals this nineteenth dav Of
September, A. D. 1895.
w. H. H. HART,