Arizona republican., 1900-08-04
ARTICLES OF INCORPORATION
 of the OIL AND WATER COM. PANY.

Know All Men by These Pre5entsi That We, the undersigned, have this day voluntarily associated ourselves together for the purpose of forming, and do hereby form, corporation un- der the laws of the Territory of Ari- zona, United States of America, and We do hereby certify and declare:
 First.-That the name of this cor pOration shall be and is "Fearless oil and Water Company" and the name of the corporators are: W. s. Peters, H. k. Snow, Charles H. Fish, E. $. Hubbard, George Burb5c ok, R. NJ. An thony. D. P. Hooking; and the princi pal place of business of this corpora ton shall be and is Phoenix, Arizona, with a main branch office at Oakland, Alameda county. California, at which last mentioned place any business of the corporation may. with the consent of majority of the directors of this cor poration, be done.
 S cond.-The general nature of the business to be done by this corpora tion and the purposes for which 1t s formed. are: To explore for. acquire. exchange develop and deal in oil and gas and oil and gas lands, minerals and metals; to acquire. build. maintain. operate and dispose of ditches and pipe lines for conveying and conducting oil, g2s. water and fluids of every descrip- ton; 10 acquire, hold. enjoy and dis pose of rights f way for the purpose thereof. and for other purposes; to pur- chase. s5ll. lease. deal in. exchange. convey and accept conveyances of real and personal property. and to mort gage and hypothecate the same; to inn prove, develop and cultivate lands whether mineral or agricultural, or fit ted for any use whatever; to refine, manufacture, buy, sell and deal in oil and mineral products of every description; to buy. sell. deal in agricultural products and personal property of every de- scription; to borrow and lean money and to purchase, sell and deal in sure ties, bonds and stocks of every de- scription; and generally to acquire, hold, manage, improve and dispose of real and personal property, and to do such other things as may be necessary and proper for the full and complete ex- ecutiOn of the purposes set forth above and for the exz rcise of the powers and the transaction of the business of the corporation, including mining. manu featuring. road building; for which we have hereby associated ourselves.
 Third.-That the amount of the cap ital stock is and shall be Five Hund- red thousand dollars ($500 O00), and the number of shares into which it Is di- vided is and shall be five hundred thousand (5OOOOO), of the par value of one dollar (S1.00) each, sixty per cent of which shall be taken by said cor porators, their assigns or associates, within sixty days of the organization of this corporation. and forty per cent of which shall remain in the treasury Of said corporation, to be disposed of by the directors of this corporation in the interests of and for the benefit of this corporation, and the capital of this corporation shall consist of the proceeds of said stock and the real and personal property that may be ac- quired with the proceeds of the sale of stock, and which may be acquired in the conducting of the business and lines of business for which 1t is or- ganized.
 Fourth.-That the term for which this corporation is to exist Is twenty five years, commencing with the next following the filing of these articles of incorporation.
 Fifth.-That the affairs of this cor pOration are and will be conducted and managed by a board of seven directors, who shall be elected by the stockhold- CTS on the second Monday in August of each year. the corporatOrs hereinbe- fore mentioned to be and constitute the board Of directors until the election of their successors by the stockholders and by the other officers of this cor poration, to-wit: A president vice president, a secretary and a treasurer.
 SiXth.-That the highest amount of indebtedness or liability that this cor poration is at any time to subject it. self is fifteen thousand dollars ($15,000)
 Seventh.-That the private property of stockholders is and shall be exempt from execution on claims against this corporation and that demands against this corporation shall not constitute claims against the stockholders pro- tanto or otherwise.
 Eighth.-Tbat the amount of capital stock that has been subscribed is Three Hundred Thousand Dollars C$3OO ,OOOO)
 In Witness Whereof We have here unto set our hands and seals this 24th day of July, A. D., 1900.
 Gseall w. s. DIFFERS.
 [seall II. K. SNOW.
 Gseal1 CHARLES II. FISH.
 Tseall B. $. HUBBARD.