Arizona silver belt., 1901-09-05

ils ing articles of incorporation:
 fIRsT-The names of the incorporators are alonZo Bailey, 5. Y. Hoyt. L. w. Leighton, Alfred kinney, r l.. Jones, Q. x. Creswell Joseph II. Hamill Clara Kinney, James Me. Carthy !. $. Snifien and Albert T. Colton. SEtoNn-The name of the corporation is PlNAL PARAFFINEOILC COMPANY, ' and the principal place Tor the transaction of business shall be at the town ef Globe, in Gila county, territory of Arizona, but said incorporation inten Is to carry on business in the town of Florence, Pinal county, Ariznna territory, and in such other towns, counties and states as may be found necessary or ai- visable The corporation will have q main pthce and stock transfer office in the town of Globe, county of Gila, territory of Arizona.
 lHlRp-Ihe purposes for which said cor poratlon IS formed are to prospect Tor, explore and discover natural gas, petroleum, paraf hne, aSphaltum, minerals coal oil or other oils, gases, minerals and volatile substances; to drl!i, develop and operate wells for the e&- traction of natural gas. petroleum, parafne asphaltun, minerals, coal oil and other oils gases and volatile substauces to prpduce, ac- Quire, own and sell natural gas, petroleum, paratilne, asllhaltum, minerals, coal oil and other oils, gases and volatile substances: to carry on the business of boring wells, of pro. ducing, buying, selling, rehuining, distillng oil, petroleum, paraitne, natural gases and asDhaltum and other minerals. hydro carbon substances, and for such purposes; Co buy, lease or otherwise acquire, own and operate manu- factories, retneries, machinery, pipes, pipe lines, tanks, tank cars, railways, ships and other works, proper appliances that mtly he incident or auxiliary to sail business or that may be deemed necessary or convenient by said corporation; to sell, lease or otherwise dispose of rights, properties and lands of the corporation; to establish and carry on agen. cies, offices and manufactures and to sell ar- ticles and products manufactured by said cor puration, or other persons or corporations in the territory ol Arizona, or in any other state or territory and foreign country; to buy, ac- quire, hold, improve, develop, control, sell, lease and mortgage or hypothecate oil bearing or other lands and personal property of every kind, nature and description: to buy and ac. quire by appropriation and diversion, lease, own, possess and otherwise deal in water. water rights and pri ileges, and tO apply the same directly or indirectly as power for the purpose of generating electricity, steam ur other motive power in the operation and man. agement of the business of said corporation; to construct. complete, own, buy, sell and operate water pitches, canals, acqueducts fumes and pipe lines to enter into any obi gation or contract pertaining to the business ~ ing business and commercial business: and generally to do and perform any and all acts and things necessary for carrying on the busi- ness of the corporation or eifecting any or all of the above mentioned purposes.
 FOURTH The amount of the capital stock authorized k one million dollars, divided into one million shares of the par value of one dol. lar per share, each share fully paid up and forever nnn-assessable.
 
 business on the date of the incorporation thereof duly effected and completed. and will terminate in twenty-five years from that date. SlNTH--The officers of this corporation shall consist of president vice president, a secre- tary and treasurer, and who shall be elected from the board of directors. And the atfairs of this corporation shall be conducted by board of directors consisting of seven persons, including the president, vice president. secre- tary and treasurer and at the option of the board of directors an assistant secretary and an assistant treasurer, executive committee and other sub-otiiceTs may be appointed
 Election of directors shall be held annually on the first Monday in June of each year, and who shall be elected by majority of all the stockholders present, and who shall hold their term uf office until their successors are duly elected and qualified. And the board of d rectors shall elect the officers prescribed in this section, at the first meeting of the said board of directors, thereafter. in each and every year, and who shall hold their term of office until their successors are duly elected and qualified.
 SEVENTH officers and directors who are appointed to manage the affairs of this until the first annual election are: Alonzo Bailey, president and director; Joseph II. Hamill, vice president and director; B. F. Hoyt, secretary and director: Alfred Kinney, treasurer and director; Q N Creswell. ii. rector; l.. w. Leighton, director, and Albert T. Cotton, director.
 ElGHTH-The highest amount of indebted. ness or liability to which this corporation shall subject itself is two hundred thousand dollars NINTH Private property of the members pf this corporation shall be exempt from cor porate debts.
 TENTH Among the powers of this corpora tion shall be: First, to have perpetual sue cession: second, to sue and be sued in its cor. pOrate name; third, to have a common seal and to alter the same at pleasure; fourth, to render the shares or interest of stockholders and prescribe the mode of mak- ing such transfers; fifth to exempt the private ot members from liability for cor. pcrate debts. which k hereby done; sixth, to make contracts acquire and transfer property, possessing the powers in such respects as
 
 tablsh bylaws and make rules and regula. tions deemed eXpedient for the management bf its affairs, not inconsistent with the laws of the nited States and territory of Arizona ELEVENTH These Articles of Incorporation may be altered and amended by a two thirds vote of all stockholders of this corporation at any regular meeting, or any special meeting expressly called for that purpose. and the same shall be filed with the county recorder of Gila county in the territory of Arizona, as required by law. Witness our hands this 10th day of July. 1901 Signed, sealed and delivered in the presence of Geo. R, Hill.
 ALoNZo BAILEY.
 Jos. II. HAMILr,
 B. F. ioYT,
 ALFRED KINNEY,
 0. \. CREswELI,
 L. w. LEIGHTON,
 r. l.. JoNEs,