Cochise review., 1900-05-21
Articles of Incorporation --OF THE
  Santa Panla Gravity oil Company.
-OF THE

Know, all men by these presents that we. bingham, J. J. Lonergan, John ,kebman, rank j.. Hart, William Wincup, Neili E. Bai- ley, all of tho county of Los Angeles. State of California, hereby associate ourselves to- gether for the purpose of becoming incor- porated under the provisions of Chapter 2, ritory of Arizona, and do hereby adopt the following articles of incorporation:
 ARTIcJR
 The name of this corporation shall be Santa Paula Gravity Oil Compony."
 ARTICLE II.
 The names of the incorporators of this cor. poration are Edward Durham. c. W. With. erell, H, A. Bing ham, J. J. Lonergan, John Rebman, Prauk J Hart. William Winoup, Eeili E. Bailey, al of Los Angeles county, California.
 ARTICLE III.
 The principal place of business of this cor poration shall be in the city of Bisbee, in the county of Cochise and Territory of Ari- zona.
 The general nature of the business pro- posed to be transacted by this corporation is and shall be the buying, selling, leasing, owning, holding, possessing and operating real estate and personal property, the con ytruction and operation of mills and works for refining crude petroleum and manufae- turing petroleum products, and the purchase and sale of petr leum and petroleum pro- ducts: to acquire, own, hold, sell and deal in personal property and mere andise, and generally own, hold, acquire and deal in any property, and to do or transact anything necessary for the carrying out and engaE- ing in any of said foregoing lines of busi- ness.
 ARTICLE V. The amount of capital stock authorixsd ia nd kan hsa1 'hrs0 Hundred Thousand ($sO0 90O) Dollars, to bo | divided into three hundred thousand (SO0 0o0) | shares of the par value of One Dollar (&l.ooJ per share, aud that the time when and corr ditions upon which it is to be paid are as foi- | lows: All stock issued must be fully paid for | tn cash or property upon issuance, and shall thereafter be non -assessable for any purpose | .arrcIpyr D., ' The time of the commencement of this ] corporation shall be the date of the filing ol 1 these Articles of Incorporation for record | in the office of the County Recorder of Cor chise county, Arizoua territory. and che | termination thereof shall be twenty Ave C25) years thsreafter, unless the same De re- newed pursuant to the laws of Arizona be- l fore the termination thereof, ARTICLE VII. '"" l The affairs of this corporation are to bo conducted by board of @ Rye Directcri, to be elected annually on the first Monday of April of each year; provided however. that as soon as practicable after the filing of these articles of incorporation the stock shall hold office till the first Monday in | April. lSv1, or until their successors are elected and qualified.
 Each stockholder of this corporation, h all elections for directors and other eiSc. | ttons and on the consideration of all Qu0a- | tions at stockholders meetings, EhalI have the ris ht to vote in person or by proxy the number of shares owned by him, As given on the books of the company, each share oI stock being entitled to one vote. The officers of the said corporation shall sSa be and wh General Manager. and a Secretary and Treasurer, and such subordinate officers and assistants as may be deemed necessary directors after the annual elections of said directors, and shall hold office at the will and pleasure of said directors.
 Vacancies in the board of Directors shall be filled as may be provided in the bylaws | ARTIoLR VIII, 'r
 The highest amount of indebtedness or | liability for which the corporation is at any | time to. subject itself iN the sum of Five Thousand 1850 Dollars.
 ARrIcLEIx
 The private property of the stoc kholdsrs of this corporation shall be exempt from 1 this corporation are hereby exempted from all liability for any debt of said corporation.
 ARTICLE X.
 This corporation shall have an oftice fdi the transaction Of it's business in the state of California, at the city of Los Angeles there in, and said oara of directors may meet and transact the business of said corpora tion at said city, and the annual and othei meetings of the stockholders and the cleo tions may be held thereat..
 ARTICLE xI.
 Section 1. The board of directors shal have the power to make, adopt and amend | ty-lawS for the government of the affairs oi the corporation.
 Section 2. The board of directors shah have the power to borrow money. execute | corporate notes or bonds of the corpora ation | and to secure the payment of the same bJ | mortgage on property of the corporation or In any other manner designated by said | bylaws, not exceeding, however, said tota Indebtedness of $S,OOO, as limited in Article VIII hereof.
 ! ARTIcLR XII.
 The corporate stock of this corporation shall be forever nou-assessablo. and each | certificate thereof shall sta'e upon It's face | the number of shares represented thereby and that the same is forever non -assessabl0. 1 ARTICLE XII.
 These articles of incorporation may hs | amended at any annual meeting of tho l stockholders, or at any special meeting o . two-thirds l2sl vote of the stock of the cor poration then issued, in favor ofsush | amendment, or by written assent to such amendment signed by the holders of two thirds l3Sl of the subscribed capital stock and recorded and published as required by | law.
 In witness whereof we have hereunto uot our hands and seals this the Esd day oi | E. DUNHAM, [Seall | JnuA RwNMAN fC~.n