The Arizona sentinel., 1900-08-01
ARTICLES INCORPORATION
of the THE PORTLAND OIL COMPANY.

KNOW ALL MEN BY THESE PRESENTS That we, the, undersigned, have associated our selves together for the purpose of forming 8 corporation under the laws of the Territory ot Arizona, and we do hereby adopt, sign and ackn owledge these Articles of Incorporation and certify and declare as follows.
 FIRST. That the names of the incorporators are E. w. Dawes, Sidney Selover, T. J. Doug. lass, S. w. Alexander, J B. Alexander and c Q. Stanton. That the name of said corporation is and shall be the Portland Oil Company, and its principal place of transacting business is and shall be the City of Yuma, in the County of Yuma, Territory of Arizona.
 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 min eral lands of every kind, including lands con- taining gold, silver, copper, petroleum, coal, asphsltum, or deposits, of kindred nature.
 2. 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 busi- ness of mining, including the mining of coal, petroleum and kindred substances, gold and silver, and the business of refining and reduc- ing the same into their various products, and the marketing therefor.
 B. To construct, maintain, lease, acquire, operate, manage and control telephone lines, pipe lines, and other conducts, for the tran sportation of oil or water, and to engage ia the business of transporting oil, by pipe lines or other means, and to acquire and hold the land necessary or convenient therefor
 To buy, or 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 capital stock authorized is five hundred thousand (5O0 0OO1 shares of the par value of one dollar each, making in all five hunered thousand ($5CO, ,OOO) dollars; all of which shall be non.assessa ble 1; three hundred and fifty thousand t$35O ,OOo.OO) dollars of which is subscribed Dy the corpora tors, and shall be paid in immediately and un- conditionally upon the organization of the corpor Ation and one hundred and fifty thou sand l50 000) she res 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 corpora tion, and shall be paid in at such time, and upon such terms and conditions as said Board shall direct.
 FOURTH. The time of the commencement of such corporation shall be the date of the fl- ing of these Articles of Incorporation for record in the office of the County Recorder of Yuma County, in the Territory of Arizona, and the termination of the said corporation shall be fifty years from and after it's commencement.
 FIFTH The officers or persons by whom the affairs of the corporation are to be conducted, are, and shall be a Board consis ting of five Directors, and a President, Vice-President, Secretary, Treasurer and General Manager, to be chosen by said Board of Directors. That the following named persons have been chosen to act and shall be the Directors and officers of said corporation until their 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 President E. W. Davies, Director and Vice-Pres- ident Sidney Selover, Director and Secretary S. W. Alexander, Director and General Manager c. o. Stanton.
 SIXTH. That the times of which said Direc- ors 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 shall hold office until the second Tuesday in June, 1901, shall be the above named directors and officers.
 SEVENTH. The highest amount of indebted ness.or liability to which the corporation is at any time to subject itself, is and shall be the