Holbrook argus., 1901-02-23

SEC. 8. The following named persons are
hereby appointed and are directors of said
Philip Morse, George H. Ballou, George U. |
Holcomb, Vernon G. Matthews, James c. |
May, Ernest Rial and Clarence Wood. Said
directors hereby appointed shall hold Office |
until the annual election to be held on the |
fourth Monday In January. 1902. and until
Said above named persons hereby appointed |
directors are not Ineligible such beca ase
st stock ' of % said GompanS at the " time @ of their
appointment such directors; but each of |
said directors SO appointed shall become |
capital stock within sixty days from the |
date of these Articles of incorporation, or |
in default thereof shall cease to be a direc-
tor whenever. after said sixty days, his de- |
fault continuing, the Board of Directors |
shall declare his place vacant for such de-
fault.
SEC. 4. The assent of stockholders repre-
| senting a majority of the issued and out
standing shares of the capital stock, given at
any meeting of the stockholders, regular or
special. or the written assent of the holders
of two-thirds of the issued and outstanding
given, shall be effectual to adopt, amend or
repeal bylaws, or to adopt, amend or repeal
ruies or regulations for the management of
the affairs of said Company.
SEC. S. The Board of Directors at any
meeting, regular or special. may adopt,
time, place and manner of holding, calling
meetings of the stockholders and of the
holders orodirectors constituting quorum,
! the mode of voting by proxy at stockhold-
ers' meetings the time OF the annual cleo
tion of directors and the mode and manner
of giving notice thereof, the compensation
and duties of officers. the manner of election
and the terms of Office of all officers other
than the directors, the transfer of the stock
of said Company, and all such other bylaws
and rules and regulations for the govern
ment of said Company and the Board of Di-
rectors thereof, the transaction of the busi-
ness of said Company and the management
of its affairs, as might or could be adopted,
amended or repealed by the stockholders of
said Company; provided, that the stock
holders. by resolution passed at any stock
holders meeting may amend or repeal any
bylaw, or any such rule or regulation which
may have been adopted by the Beard of Di-
rectors, and may revoke in whole or in part
on the Board of Directors to adopt, amend
or repeal bylaws, and having revoked Or
the same by similar resolution, and may in
like manner revoke or abridge or reconfer
.such authority from time to time.
SEC. 6, The holders of two-thirds of the
! issued and outstanding shares of the capital
stock of said Company shall have power to
sell, assign, transfer and convey. or lease or
otherwise dispose of all its property, or to
cause the Board of Directors to do, that
is to say, the Board of Directors shall have
power and it shall be their duty, when only
they are SO authorized and directed by the
holders of two-thirds of the issued and out:
Company, evidenced by the duly authenti-
Gated vote of said stockholders at a stock
holders meeting, or by the written assent or
direction of such stockholders, wherever or
however given, to sell, assign, transfer and
convey, or lease or otherwise dispose of all
and singular the estate assets, effects, lands,
franchises and real and personal property
and rights of whatsoever nature or descrip-
tion, and wheresoever situate, of or belong
ing to said Company, or which may be or be-
come the property thereof, or to the possess
sion, use or control of which said Company
may be or become entitled, to any person or
Porations. wheresoever Incorporated or
hereafter to be Incorporated. for such con-
sideration or considerations or rents as
such two-thirds of the stockholders may de-
termine upon. whether in money or shares
of stock or other obligation or obligations
other property, and whether by way of con-
solidation with any 9th T corporation or
corporations or otherwise.
SIXTH.
SECTION 1. That the highest amount of in
debtedness or liability, direct or contin-
gent exclusive of its capital stoclz). to which
OF to be subject is Two Hundred and Fifty
Thousand Dollars In gold coin of the United
States.
Sec. 2. That said Company shall have
power to issue, sell and hypothecate it's
bonds for the furtherance of any and all of
, the purposes for which said Company is
formed as set forth in these Articles of In
corporation or any amendment or amend
ments which may be made thereto. and to
cations of said Company by mortgages,
trust deeds or pledges of any or all of its
,
sinking fund for the payment of any of its
bonds, debts or obligations,
SEVENTH.
The private property of the stockholders
of said Company is and shall be exempt
! IN WITNESS WHEREOF we have here
unto set our hands and seals this 18th day of
, January, i'll the year one thousand nine
hundred and one "a. d. 190l.)
. ERNEST s,SES = RAIL, MaL IsEAIl
FIJI g Internal Reypnne Sfaunn Ten Cents
duly Cancelled on Original,l
TERRITORY OF ARIzoNA,l ss
County of Naxajo.l %
On this 29th day of January, in the year
one thousand, nine hundred and one "a. ID.
l9OI, before me, Fred Wetzler: a Notary
: Public, in and for the County of Navajo. of
B sworn personally appeared Ernest Rail and
/ James c. May, to me known to be the per-
sons described in, whose names are sub
: scribed to, and who executed, the foregoing
l and annexed Articles of Incorporation of
n the Bernalillo Oil Company and they ac-
r ltnowledged to me thaf they executed the
. same, freely and voluxtarily, for the 9ses,
r purposes and considerations therein men
/ toned and expressed.
IN WITNESS WHEREOF have hereunto
set my hand and official seal, the day and
in this certificate FSSS FRGye WETshER with
j Notary Public in and for the County of Ma
vajo, Territory of Arizona.
. tU. S. Internal Revenue Stamp, Ten Cents,
: duly Cancelled on original
TERRITORY or AR2ROGk-3 ss
County of Navajo
3 I, A. F. McAllister, County Recorder, in
a and for the County of Navajo Territory of
3 Arizona, do Aepehy certify that the above
n and foregoing Articles of Incorporation are
filed in my Office and of record therein on
r the 10Th day of January, A. d. 1901. in Vol /,
: page of Articles of Incorporation and
= have compared the same with original and
r lind thesame a correct copy and of the
a whole thereof.
Witness my hand and official seal this 29th
day of January, 1891.
: IsRALl A. F. MCALLISTER,
County Recorder.