Arizona daily citizen., 1901-01-25
Articles OF Incorporation of the ''Paoia
OH COMPANY"

The undersigned Walter II. Wreng A sa.
muel Parks and R. Fl. 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 /.
The name ofthis corporation shall be the
"Paola OIL Company, and the principal place
Tor transacting its business shall be at Tucson
Flna county, Territory of Arizona but the cor
poratlon proposes TO carry On business in the
state of California, and will have an Office at
Los Angeles, in the state OF California.
Article ii.
That the purposes for which this corporation
IS formed are: to drill for, and develop oil,
asphaltum, and other minerals: TO transport
aud refine oil or otherwise prepare the same
tor market; TO acquire, purchase, hold i'm
prove, work, and operate sell and convey oil
wells, oil machinery, oil and mineral lands
and to erect all necessary buildings and MACH.
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 pi De
lines; to issue, sell and convey stock bonds
and mortgages; to purchase, acquire, hold and
convey real and personal property; To farm
ana cultivate any lands acquired by the corpo-
ration. and generally to do ali things neCes-
sary TO carry on said business.
Artile Ill
The amount of capital stock authorized TO be
issued IS seven hundred and fifty thousand
shares of the par value of one dollar each and
when issued shal! be forever non assessable,
and may be issued for cash, property or seryi-
ces and shall be paid up in full when issued.
Article "
The time of the commencement of this cor
Porstion shall be the date these articles are
nled with the county recorder Of the said coun
" OF Pima. This corporation shall exist Tor
twenty-five years from it's commencement
Article V.
The affairs OF this corporation shall be CON
Quoted by a board OF directors composed Of
ive stockholders to be first elected on the first
day OF November, 1901, and until such election
X, II. Knight, A. Samuel Parks, Walter II.
Wren, w. L, Baxter and Warren Gillelen shall
he such directors.
Article VI.
The highest amount of Indebtedness or
liability to which the corporation ia nj any
time to subject itself shall be fifty t6ousanS3
dollars.
Article VII.
The private property of the stockholders of
this corporation shall be absolutely exempt
from hao1iity Tor the corporate debts.
Article VIII
These articles OF incorporation NAV ho
amended by twO-thirds vote of the legally re-
stock OF this corporation at any re-
GUAR guar meeting of the stockholders or any
special meeting called for that purpose, and
the amendments shall be filed with the county
recorder of said county of Pima, and printed
as required by law.
Article IX
Ihat the directors OF this corporation NAV
ADOPT bylaws for this corporation ut their GrSi
meeting. Elections of directors and stockhoid |
ers meeting (annual) shall be held YEARLY ON +
the nrst M day Of November of each year after tho
In witness W hereof we have hereunto set our
hands and seals this 18th day of October 19oo
in duplicate. i''''
Walter II. Wren Seal
A, Samuel Parks SraI ,
R.'H knight, seal
Ten cent Rev. stamp cancelled
County Of Los angeles. Angelo ss
Before me, Calvert Wilson, N notary nuhlic
IN and for the said county OF Los Angeles and
state OF California, personally appeared Walter
n. Wren, A. Samuel Parks and K n Kniybt
known 70 me TO be the persons who executed
me Within instrument, and who are mentioned
% the same, and they and each of them
to me that they and each nf
hem executed the said articles Of iucoTnnrg.
Ion OF the "PaOla Oil Company" for tho mr.
>oses and consideration therein expressed
Given under my hand and seal OF otiice, this
s5n DAY OF October, A. D., 1860.
sea-. CALVERT WILSON =
Notary Public In and for the county of Los An.
,eles, State OF California
NY commission expires July 25, 1904,
Ten cents Rev. stamp cancelled
First pub Jan 81 last Jan &C.