The oasis., 1901-06-08
Par Value Oil Company.

Know all men by these presents: That we, 5. F. Long. c. w. Armitage, E. A. Smith, H. Lawrence, C.J. Swee- ney have associated ourselves together for the purpose of forming corpora tion for the transaction of business under the laws of the territory of A ArIzona, and hereby adopt the follow ing articles of incorporation, to wit:
 That the name Of said corporation is the PAR VALUE OIL COMPANY:
 That the principal place of traDsac- ting business of said corporation Is Nogales, in the Territory of Arizona, with branch office in the city and county of San Francisco, state of California.
 That the general nature of the business purposed to be transacted is: To buy, sell, bond lease, rent, bar ter, exchange, mortgage, hypothecate or contract concerning oil lands or other mineral lands in the territory of Arizona and in the state of Califor. mia.
 To drill for oil, and to develop, ex- ploit, improve or operate oil or other mineral lands in the territory Of Ari- zona and in the state of California and in connection therewith to bod lands other than mineral land and to de- velop the same, to erect retineries, factories and furnaces, mills and other structures, to construct reservoirs and build tanks, to lay conduits and pipe lines, tramways aud other roads and highways for transportation purposes, and to secure easements for the same upon or through the lands of others;
 To buy, sell, hold, hire, let, ex. change, mortgage, pledge, hypothe- cate or contract for or concerning all manner of personal property, includ- ing stocks, bonds, debentures, con- tracts, mortgages, pledges, negotiable instruments and other evidences of ownership, indebtedness or obligation; To buy and sell merchandise, oils, minerals, metals, timber, lumber, and agricultural products;
 To enter into any and all manner of contracts in relation to, or connect ed with oil or other mineral products; To borrow or loan money, guarantee payments, indorse notes, checks, bills of exchange and other negotiable in- struments and execute and become sureties on bonds;
 To do any and all things necessary, convenient or proper to be done in connection with, or in the execution of the above enumeI ated purposes:
 That the amount of the capital stock of said corporation authorized to be issued is five hundred thousand t500, 0O0) shares of the par value of one dollar (Sl) each, the same to be issued at such times and upon such terms and conditions as the board of directors may determines;
 That the term for which said cor poration is to exist is twenty-five (25) years, commencing on the 11th day of March, 1901, and terminating on the llth day of March, 1926, unless renewed or dissolved as provided by law;
 That the affairs of the said corpora tinn are to be conducted by board of directors consisting of five (5)members to be elected annually by the stock holders, on the second Monday in January of each year. The incorpor. ators herein constitute the first | board:
 That the private property of the stockholders in this corporation is ex empt from liability for corporate debts.
 In witness whereof we have here unto set our hands and seals this 9th day of March, 1901.
 s. F. LONG [Seall
 G. W. RAMPAGE, Seall
 E. A. SMITH, Seal
 H LAWRENCE, Seall | c. J. SWEENEY. [Seall