Arizona silver belt., 1901-07-18
ARTICLES OF INCORPORATION
Of the Pinal Paraffine Oil Company.

Inat we, tne uuuefslyHeu, TUT tne purpose of forming a corporation under the laws of the territory of Arizona, under Chapter Two, of Title Xii, of the Revised Statutes of the ter. ritory of Arizona, to transact the business hereinafter mentioned, do adopt the follow ing Articles of Incorporation:
 rIRsT-The names of the incorporators are Alonzo Bailey, B. F. Hoyt. l.. W. Leighton, Alfred Kinney, F, l.. Jones, O. N. Cresweli, Joseph II, Hamlll, Clara Kinney, James Me- Carthy, J. $. Sntfen and Albert T. Cotton. SEcoND-Tbe name of the corporation is PENAL PARAFFlNE OIL LCOMPANY," and the principal place for the transaction of business shall be at the town of Globe, in tiila county, territory of Arizona, but said incorporation intends to carry on business in the town of Florence, Pinal county, Arizona territory, and in such other towns, counties and states as may be found necessary or ad- visable The corporation will have main oihce and stock transfer office in the town of Globe, county of Gila, territory of Arizona.
 ThIRD-Ihe purposes for which said cor poration IS formed are to prospect for, explore and discover natural gas, petroleum, paraf- fine, asphaltum, minerals, coal oil or other oils, gases, minerals and volatile substances; to drGl, develop and operate wells for the ex- traction of natural gas, petroleum, paraihue, asphaltum, minerals, coal oil and other oils, gases and volatile substances; to produce, ac- luire, own and sell natural gas, petroleum, parathne, asphaltum, minerals, coal oil and other oils, gases and volatile substances; to carry on the business of boring wells, of pro uucing, buying, selling, retinining, distilling oil, petroleum, paratiine, natural gases and asphaltum and other minerals, hydro carbon substances, and for such purposes; to buy, lease or otherwise acquire, own and operate manu. factories, rehneries, machinery, pipes, pipe lines, tanks, tank cars, railways, ships and other works, proper appliances that my be incident or auxiliary to said 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 manufactories, and to sell ticles and products manufactured by Saiu cor pOration, or other persons or corporations in the territory of 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 privileges, and to apply the same directly or indirectly as power tor the purpose of generating electricity, steam or other motive power in the operation and man bl to construct, complete, own, buy, sell and operate water bitches, canals, acqueducts, fumes and pipe lines; tO enter into any obi. ggtiOn or contract pertaining to the business Oi said corporation; tc conduct general bank ing business and commercial business; and generally t0 do and perform any and all acts and things necessary for carrying on the busi- ness of the corporation or eifecting any or all uf the above mentioned purposes.
 ..E ,4a1 .f. authorized is one million dollars, divided into enc million shares of the par value of one dol lar per share, each share fully paid up and forever non-assessable.
 FIFTH The said corporation shall begin business on the date of the incorporation thereof duly effected and completed. and will terminate in twenty-five years from that date. STXTH--The officers of this corporation shall consist of 8 president, vice president, a secre. tary and treasurer, and who shall be elected from the board of directors And the affairs of this corporation shall be conducted by board of directors consisting of seven persons, including the president, vice president, secre- tary ana treasurer, and at the option of the board of directors an assistant secretary and an assistant treasurer, executive committee and other sub.officers 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 whp shall hold their l term of office until their successors are duly | elected and qualified. And the board of di | 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-The 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: E. F. 1 Hoyt, secretary and director; Alfred Kinney, treasurer and director; o. N. Creswell. di- | rector; l.. w. Leighton, director, and Albert | T. Cotton, director. EIGHTH-The highest amount of indebted | ness or liability to which this corporation shall | subject itself is two hundred thousand dollars | NISTH-Private property of the members | of 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 it's 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 | transferable and prescribe the mode of Inak- | ing such transfers; fifth, to exempt the private. property of members fram liability for cor. porate debts, which is hereby done; sixth, to make contracts, acquire and transfer property, the powers in such respects as private individuals now enjoy; seventh to es- tablish bylaws and make rules and regula- tions deemed expedient for the management )f its affairs, not inconsistent with the laws of the United 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. Ig0l Signed, sealed and delivered in the presence of Geo. R. Hill.
 ALoNzo BAILEY,
 Jos. II. HAMJLI,
 B. F. HoYT
 ALFRED KINNEY,
 O. N. CREswELL,
 l.. w. LEIGHTON,
 F. l.. JoSEs,
 CLARA KINNEY,
 JAMES K MCCARTHY,
 J. $. SNIFPEN. Territory of Arizona,
 County of Gia,
 Before me, George R. Hill, notary public n and for the County of Gia, Territory of Arizona, on this day personally apL cared