Arizona republican., 1901-08-26

hoists, Gerricks. warehouses, factories
furnaces, reflneries, engines. machinery,
power houses and mills. and other
structures necessary to the proper cons
duet OF the business of this corporatcn,
and acquiring and construction of
trans, tram ways and other roads and
pipes. pipelines. fumes, bitches, and
every other thing nee ssary to the prop
er conduct of the business OF the COR
poration Ito hold stock in other corpo-
rations; 20 appoint such subordinate
agents and officers as the business of
this corporation may require; to hold
and own, manufacture and operate. i'm
prove and develop lands, mining claims.
mineral rights, oil and gas wells and
other real and personal property and
interests and rights in any % said prop
critics; the buying aud selling of mer-
chandise, oils minerals. metals, timber,
lumber, and agricultural productions;
TO engage in and carry on the business
of boring and exploring for. producing
refining, distillng. treating, manufac-
turing, piping. carrying. handling,
storing and dealing in buying and SELL
ing oils, petroleum, natural gas. asphaf.
~,
other minerals, hvdro-carbon sub
stances and products Of any and all
such substances. and FOR such purposes
TO buy or otherwise acquire, hold and
own, manage and operate re6neries,
pipe lines, tanks, tank manufactures,
machinery, wharfs tanks and tank
cars. and steam and sailing vessels for
water transportation. and other works
or appliances that may be incident or
auxiliary to the business, or that may
| be deemed necessary and convenient by
the Board of Directors ITO operate es-
| tablish and carry on agencies, offices,
storage tanks and houses; to sell ar
ticles produced and products manufac-
ttred by this or other corporations,
persons, firms in Arizona Territory, or
other states and terrltories OF the
United states of America and in foreign
| countries; the production and genera
ton of steam, electricity, gas and other
agencies and means OF lighting, heating
and motive power and the using. sell
ing. renting. leasing, bonding and 9TH
orwise disposing Of the same: To do a
general real estate and mercantile blfsl-
ness; to own and control letters patent
and Inventions and the doing ana per-
forming of any and all other acts not
inconsistent with the laws Of the Ter
ritory OF Arizona, made and provided
for the government of corpora lions.
III. The amount of the capital stock
of this corporation shall be One Million
S1.0O0.0 OO) Dollars, divided into One
Million 0.O0000p) shares Of the par
value OF One ($i1O) Dollar each each
fully paid up and forever non assess
able: and that there shall be issued in,-
mediately after the inrOrpora .ion is
formed and created. One ID share of
the said capital stock of said corpora
ton to each of the individuals named
above as incorporators of this company;
said stock so issued 10 these individuals
being fully paid up by them and each |
OF them, and that said stock and that !
all stock to be herea fter issued by this !
corporation and Directors and Officers !
thereof, sholl be worcestershire for any !
purpose Whatever; and that all Of said |
stock shall be paid for Immediately !
when Issued by this corporation. and |
upon delivery to the purchasers there
or. Among the powers of his body cor
porate shall be: To have perpetual |
succession ito sue and be sued by it's
corporate name TO have common seal
and alter the same ut pleasure: to pre-
scribe the mode of making transfers of
stock or interests of its stockholders:
TO make contracts, to acquire and |
transfer property of every kind and de-
scrlption. both real and personal. and
to possess the same powers in such re-
spects as private individuals now
enjoy: to establish bylaws and make
all rules and regulations deemed expe-
dlent for the management of it's affairs.
not inconsistent with the laws and Con-
stitution of the United States and the
laws Of the Territory OF ARIZONA.
w. The time of the commencement 4
of this corporation shall be the date of
the filing of these Articles of Incorpo-
ration, in the office of the Secretary OF
and the termination thereof.
shall be twenty-five ,25) years there
after.
V. The affairs Of this CORPORATION
shall be conducted In accordance with
the bylaws established by a Board Of
Directors to be elected annually by the
stockholders of this company, said
annual election shall be held on the
fourth Tuesday of July in each year:
the present Board being elected as soon
after the adoption of these Articles of
Incorporation as a meeting of such
stockholders can be convened the pres
ent Board serving until the next annual
election, or until their SUCCESSORS are
qualified. No person Is eligible TO be
a Director who is not a stakeholder
thereof. and any Director ceasing to be
stakeholder the office at once becomes
vacant and may be filed by the Board
Of Directors al their next meeting.
VI. The highest amount of indebted {
ness or liability direct or contingent to |
which this corporation is at any time
10 subject Itself or may incur for any
purpose shall not exceed over Ten
Thousand (s10,C10) Dollars.
VII The private property of the {
stockholders Of this corporation shall
De exempt from ami not liable in any
Ease for any of the debts created by
his corporation.
VIII. The Board of Directors of this
corporation at the time Of it's organiza-
lion shall consist Of ten 10) members.
VINO shall have power to elect the Pres !;
dent. First Vice President. Second s
Vice President