The Arizona sentinel., 1900-09-12
ARTICLES OF INCORPORATION
 of the
Ofthe
THE BoNAIR OIL COMPANY.

 Territory of Arizona and hereby adopt the fol lowing Articles of Incorporation, namely:
 ARTICLE FIRST.
 That the names of the corporators are Stephen W. Dorsey and James M. Pearson
 That the name of the corporation shall be
 THE BONAIR OIL COMPANY That the principal place for the transaction of the business of the said corporation is and shall be the TOWN OF YUMA, in YUMA COUNTY, TERRITORY OF ARIZONA, with branch of- fees at such other places as the Board of Direc- tors may from time to time designate.
 ARTICLE SECOND.
 That the general nature of the business pro- posed to be transacted by the said corporation shall be: mining, drilling and boring for crude and other oil, petroleum, gas asphaltum or other volatile hydro carbon substances buying, selling leasing, mortgaging owing or holding mineral or or other lands and personal property; and laying pipes and pipes lines for conducting oil or other substances, erecting tanks, ref1neries, derricks, machinery or other works for boring, drilling, producing, handling, treating or dealing in said products or substances; building roads tram ways, railroads or canals from the Company's property to any river railroad or highway; to build, operate, maintain, own or conduct gen. eral mercantile business, or to deal in any kind of merchandise or personal property; and to do any and all other acts or things necessary or needful to conduct general oil mining or other business, either in Arizona or any other State or Territory of the United States.
 ARTICLE THIRD.
 That the amount of the Capital Stock of the said Corporation shall consist of One Million Shares of the par value of One Dollar each; and that the said stock shall not be issued by the Board of Directors except the same shall be fully paid up; and when so issued by said board of directors said stock shall be forever non as- seSsable and no personal liability shall attach to the holders thereof.
 ARTICLE FOURTH. This Corporation shall commence business when its Articles of Incorporation are filled with the County Recorder of Yuma County, Territory of Arizona and shall continue for twenty-five years thereafter.
 ARTICLE FIFTH.
 The affairs of the said Corporation shall be managed by Board of seven Directors The first Board of Directors shall be-
 Stephen W. Dorsey,
 James M Pearson,
 John P. Jones,
 William s. Allen,
 G. s. De Garmo,
 E. E. Powers and
 George Quigley, who shall hold their offices for period of one year from the date these Articles are recorded or until their successors are duly elected and qualified.
 At the expiration of the year above stated, or sooner if the stockholders elect, new Board of Directors shall be elected by the stockholders nj at a thereof.
 ARTICLE SIXTH. The officers of the said Corporation shall con- sist of President, Vice President, Secretary, Assistant Secretary and Treasurer and such other officers as the Board of Directors may from time to time determine The President and Vice President shall be | members of the Board of Directors; and no | Director shall hold office who Is not bone fide stockholder of record in said Corporation and | a failure to own or hold stock in said Corpora | tion shall work forfeiture of the office of Di- | rectorS.
 In the event of the death, resignation, dis | ability or disqualification of any director the | remaining members of the Board of Directors | may fill the vacancy by the election of some bona ide stockholder.
 ARTICLE SEVENTH. The highest amount of indebtedness said Cor poration shall at any time create shall not ex- ceed the sum of three hundred and thirty thou sands dollars.
 ARTICLE EIGHTH. That ali private property of the stockholders of said Corporation shall be exempt from all debts of this Corporation.
 IN WITNESS WHEREOF we have hereunto set our hands and seals this First day of Sep tember A. D., Nineteen Hundred
 STEPHEN w. DORSEY, (SeaD
 JAMES M. PEARSON, (Seal)
 Slate of California, SC
 County of Los Angeles. |se On this First day of September, in the year of our Lord nineteen hundred, before me- E. E. Powers, notary Public in and for said Los Angeles County, residing therein, duly commits stoned and sworn, personally appeared Stephen w. Dorsey and James M. Pearson, known to me