Mesa free press., 1900-05-04
Articles OF Incorporation
OF THE
GLOBE OIL COMPANY.


KNOW All Men by these Presents: That we,
the undersigned, have this day yoluntarily as
soolated ourselves together for the purpose of
forming corporation under the laws of the
l. rritoFy Of Arizo a. and we hereby certify:
l. That the names of the incorporators are M.
v. McQnlgg, Z. Fl. Noxon, A. J. Wallace R. C.
2. Smith and o. 2. HubbelI
2, That the name of the said incorporated
company is THE Globe Oil Company" and it's
principal place of transacting business shall be
at Phoenix, Maricopa County, in the Territory
OF Arizona, with branch office at the city of
Los Angeles. in the County of Los Angeles, in
the state OF California, and at sucn other places
as the Board of Directors shall designate. Said
company may also transact and carry on bus-
ness of the kind and nature hereinafter pro-
ylded IN any and all other states and territories
and countries whatsoever
8. That the general business to be transacted
by this company is to acquire and hold by pur-
chase, lease or otherwise, in the Territory of
Arizona, the State of California or elsewhere
oil lands or mineral lands or both or either
containing or supposed to contain petroleum,
or other mineral oils, or coal iron or precious
minerals, or all of said products, and to sell,
lease, convey or otherwise dispose of the same;
to develop and improve such lands and to ex-
tract therefrom such oils petroleum, coal, iron
and other mineralg by sinking wells, shafts
tunnels, drifts and making excavations there
on, or oy any other process or method neces-
sary or proper for extracting and bringing to
the surface of the ground all such products as
aforesaid; also to acquire by purchase, lease,
n St r0n ofb Ia
roads, telegraph AMI telethone lines, p;Da
lines, steam sailing ves-els or other means
OF transportation or communication, and to
engage l.. an: business wh0 Sc object is 70 ccn,l-
lize in rxral tuG4s or fac litato in op..ating
the above nsmnd entarl rise. Also to erect,
construct and equip raiins ri;s, smolters ra.icc-
ii ~ works, machinery or ilant3 necessary or
| convenient for refining said petroleum or other
oils; to red ice and extract therefron1 m in
erals and other products, and to produce and
manufacture therefrom any and all articles of
commerce producable therefrom, and to buy.
sell otherwise dispose of and deal in all such
oils, petroleum, minerals other PRODUCTS
A. That the amount of capital stock of said
corporation is six hundred thousand dollars
(S6G0, 000l divided into six hundred thousand
,600,OO0) shares of the par value of one dollar
($1.O0; eaQh, which when issued shall be fully
! paid up and worcestershire; provided however
that the Board Of Directors may issue stock in
payment OF land purchased or leased, or in pay
ment of other valid obligations, and may sell
fully paid up stock for more less than One
Dollar ($1) per share. The Board of Directors
may sell stock to provide funds to pay expen-
ses of incorporatin and other preliminary ex-
Denses
s. That the time of commencement of the
existence of this corporation is Immediately
upon filing of these articles with the County
Recorder of Maaicopa County, Arizona, and
such existence shall terminate at the expiration
of twenty years from and after the date of
such fling
6. That the affairs of this corporation are to
be conducted by Board of Directors of not
less than five nor more than seven members,
who shall be elected annually by the stock
holders, on the third Monday of January of
each year, except when this day shall fail on a
legal holiday, when the election OF said direc-
tors shall occur on the preceding Saturday The
officers shall be a President, Vice President,
Secrer ary, Treasurer and General Manager. to
be elected by the directors from their own
number.
z. That the highest amount of indebtedness
or liability for which said corporation shall at
any time subject ITSELF shall be One Hundred
Thousand Dol!aas (S100,000.)
6. That the private property of the stock
holders of tho said company or corporation
shall be exempt from liability corporate
debts of said company.
In Witness Whereof, we have hereunto set
our hands and seals this oath day of February,
1900.
Nd. V. McQUIGG
THOMAS II. NoxoN,
Al. WALLACE:
E. G. P. SMITH.
o. z. HUBBELL.
State of California