The Arizona sentinel., 1900-07-11
ARTICLES OF INCORPORATION
 of the THE PORTLAND OIL COMPANY.

Vh LAND VIII NOu AN |
 KNOW ALL MEN BY THESE PRES
 ents: That we, the undersigned have as
 sociated ourselves together for the purpos
 of forming a corporation under the laws o
 the Territory of Arizona, and we do hereby
 adopt sign and acknowledge these Article.
 of Incorporation, and certify and declare
 as follows:
 FIRST. That the names of the incor porators are E. W. Davies, Sidney Selover T. J. Douglass, $. W. Alexander, J B. Alexander and c. Q. Stanton. That the name of said corporation is and shall be the Portland Oil Company, and it's principa place of transacting business is and shall be the City of Yuma, in the County of Yuma, Territory of Arizona.
 1 SECOND. That the general nature of the business proposed to be transacted is
 1. To buy, locate, or otherwise acquire, sell, hold and lease mines, mining claims and mineral lands of every kind, including lands containing gold, silver, copper, petro- leum, coal, asphaltum, or deposits of a kindred nature.
 ?. To open mines, bore oil or petroleum wells, to operate, manage and control the same, and to market and dispose of the products thereof, and generally to carry on the business of mlning, including the min ing of coal. petroleum and kindred sub- stances, gold and silver, and the business of refining and reducing the same into their Y VarIO11c r0rOd11ntc nd ho
 3. To construct, maintain, lease, acquire operate, manage and control telephone lines, pipe lines, and other conduts, for the transportation of oil or water, and to engage i'll the business of transporting oil, by pipe lines or other means, and to acquire and hold the land necessary or convenient therefor.
 4. To buy, or otherwise acquire, hold, lease, sell, O. otherwise dispose of manage and control, real and personal property, of every kind, including water, water rights, and shares of stock in other corporations.
 THIRD. That the amount of capita stock authorized is five hundred thousand (5O0,0 ,000l shares of the par value of one dol lar each making in all five hundred thou sand ($50O,OOOOO) dollars; all of which shall be non-assessable; three hundred and fifty thousand (350, ,O00.00) dollars of which is subscribed by the corporators, and shall be paid in immediately and unconditionallv upon the organization of the corporation; and one hundred and fifty thousand (15O,- 00O) shares of which shall be placed in the treasury of the Company, to be disposed of by the Board of Directors thereof at such times and upon such terms and conditions as they may deem advantageous to the corporation, and shall be paid in at such time, and upon such terms and conditions as said Board shall direct.
 FOURTH. The time of the commence ment of such corporation shall be the date of the filing of these Artclers of Incorpora- ton for record in the office of the Country Recorder of Yuma County, in the Territory of Arizona, and the termination of the said corporation shall be fifty years from and after its commencement
 FIFTH. The officers or persons by whom the affairs of the corporation are to be con- ducted, are, and shall be a Board consisting of i've Directors, and a President Vice President, Secretary, Treasurer and General Manager, to be chosen by said Board of Directors. That the following named per sons have been chosen to act and shall he the Directors and officers of said corpora tlon until thelr successors shall have been chosen or elected on the second Tuesday in June, 1901 as required by law, and shall have qualified; namely, Director and Pres ident E.W. Davies, Director and Vice Pres. ident Sidney SeIoyer, Director and Secretary $. W. Alexander Director and Treasurer T. J. Douglass Director and General Man ager C. Q. Stanton.
 SIXTH. That the times at which said Directors and officers are to be elected are at each annual meeting of the corporation to be held upon the 2nd Tuesday in June of each year the first directors and officers however, who shali hold office until the second Tuesday in June, 1901, shall be the above named directors and officers.
 SEVENTH. The highest amount ofin- debtedness or liability to which the corpora ton IS at any time to subject itsel. IS and shall be the sum of ten thousand (s10 OOo, dollars, and that the private property of the stockholders in said corporation is to be and shall be exempt from corporate debts.
 IN WITNESS WHEREOF, the above named corporators have hereunto set their hands and seals this 9th day of June, 1900.
 E. w. DAVIES, (sean
 SIDNEY SELOVER. (seaD
 T. J. DOUGLASS (saan