Arizona daily citizen., 1901-01-23
LEGAL ADVERTISEMENTS.
Articles OF incorporation OF the 'PaOla
Oil COmDauy,"

The undersigned Walter H. Wreng, A. Sa.
muel Parks and Z. II. Knight hereby associate
ourselves together and adopt the following ar
| ticles of incorporation. for the purpose Of
forming corporation under the laws of the
Territory OF Arizona.
Article l.
The name OF this corporation shall be the
"Paola Oil Company" and the principal place
for transaeting its business shall be ut Tucson
Pima county, Territory OF Arizona, but the cor
poration proposes to carry on business in the
state of California, and will have an Office al
Los Angeles in the state OF California.
Article III.
That the purposes for which this corporation
is formed are: to drill for, and develop oil
asphaltum, and other minerals: to transport
and refine oil or otherwise prepare the sane
prove, work. and operate, sell and convey oil
wells, oil machinery, Oil and mineral lands
and to erect all necessary buildings and machi
merry necessary for said purposes; to procure
locate and purchase water and water rights
to locate under the laws OF California, Arizona
and the United States placer and lode mining
claims; TO construct bitches, fumes or pipe
lines; to issue, sell and convey stock, bonds
and mortgages; to purchase, acquire, hold and
convey real and personal property; to farm
and cultivate any lands acquired by the corpo
ration, and generally to do all things neces
sary to carry on said business.
Artiile III.
The amount of capital stock authorized to be
Issued rs seven hundred and fifty thousand
shares of the par value of one dollar each, and
when issued shall be forever non-assessable,
and may be issued for cash, property or servi-
ces ana shall be paid up in full when issued.
Article ".
The time OF the commencement of this cor
poration shall be the date these artieles are
hied with the county recorder OF the said coun,
ty OF Pima. This corporation shall exist for
twenty-five years from its commencement.
Article V.
The affairs of this cOrnoration shall he rop
dueted by board of directors composed of
five stockholders, to be first elected on The first
day OF November, 1901, and until such election
r: H. Knight, A. Samuel Parks, Walter II.
Wren, w. Z. Baxter and Warren Gillelen shall
he such directors.
Article W.
The highest amount OF indebtedness or
liability to which the corporation is at any
time to subject itself shall be fifty thousand
dollars.
Article VII.
The private property of the stockholders of
this corporation shall be absolutely exempt
from liability for the corporate debts.
Article VIII.
These articles of incorporation may be
amended by II two-thirds vote of the legally re-
presented stock of this corporation at any re-
guiar meeting of the stock holders or any
special meeting called for that purpose, and
recorder of said county of Pima and printed
MS required by law.
Article TX.
IhAt the directors of this CORPORATION mHv
ADOPT bylaws for this corporation ut their lrSt
meeting Elections Of directors and stock hold
ers meeting tannual) shall be held YEARLY On
the hrst day OF November ot each year after th,
year 1900. '''' '''
In witness whereof we have hcrcuuto sol o,r
hands and seals this 18th day OF Octubrr 1gTn
in duplicate. i''''
Walter II. Wren. ScpI
A. Samuel Parks, Sral
n X. Ii. knight, seal
Ten cent Rev. stamp cancelled.
STATE OF CALIFORNIA,
County of Los Angeles. IS
Before me, Calvert Wilson, a notary uphIic
In and Tor the said county OF Los Angeles ana
STATE OF California, personally appeared Walter
II. wren, a. Samuel Parks and K. II. knight
known to me TO be the persons who executed
the within instrument, and who are mentioned
In the same, and they and each OF them
acknowledged to me that they ond earn Of
them executed the said articles of incorpora.
tion OF the "PaOla Oil Company" for the pl,r.
poses and consideration therein expressed
Given under my hand and seal of Office this
18th day OF October, A. D., 1900.
Seal. CALyERT Wt1sox
Notary Public in and for the county of Los An.
geles, State of California
My commission expires July 25, 1904
Ten cents Rev. stamp cancelled.
First pub Jan 2l +; last Jan 2G.