Arizona republican., 1901-04-05

cum refineries; and pipe lines for the conveyance of oil and petroleum: to buy. locate, own. hold and to sell coal. gold and silver bearing lands and min- ing claims; to buy. locate. acquire, own and hold water and water rights, and rights of way for conducting such water: to do and perform all other acts necessary and proper for the purpose of carrying on the business of this corporation.
 Third: That the term for which this corporation Is to exist Is twenty-five (25) years from and after the date of its incorporation.
 Fourth: That the amount of capital stock of this corporation authorized is and shall be i've hundred thousand dollars Cs500.000). divided into five hundred thousand (500,000) shares of the par value of one dollar ($) each, all of which said capital stock shall be paid immediately upon the organiza- ton of this corporation, and two hund- red and fifty thousand (250,000) shares thereof shall be issued to the persons who sign these articles, that Is to say. t3 J. C. c. Price, one hundred and fifty thousand Q50,000) shares; to +. r. Burlington twenty-five thousand t25,O0O) shares; t3 R. MaDian, twenty five-thousand t25,000) shares: b H. g. Bridge, twenty-five thousand (25.000) shares; to J. l.. Tisdale, twenty-five thousand (25,OOO) shares. And that the balance of two hundred and fifty thou- sand (250,000) shares of said capital l,nl l. ax. ,i, 70 this corporation as a working capital to be disposed of at its par value for land or for money, land work and ser vices in and about the business of this corporation.
 Fifth: lThe affairs of this corpora ton are to be conducted by board of directors consisting of five members. The said board of directors shall con- slst until their successors are elected Of J. c. C. Price. whose residence is the City and County of San Francisco, State of California; R. P. Fullipgton, whose residence is the City and Couh- ty of San Francisco, State of California; R. Mabien, whose res idence is the City and County nf San Francisco, State of California; H. s. Bridge. whose residence is the City and County of San Francisco, State of California. and J. l.. Tisdale. whose residence is the City and County of San Francisco. State of Cal nornia. The said board of directors shall be elected on the first Monday in April, 1901, and on the first Monday in April of each and every year there after during the existence of this cor poration.
 Sixth: The highest amount Of in debtedness and liability to which this corporation is at any time to subject itself is one hundred thousand dollars.
 Seventh: The private property Of the stockholders and members of this corporation is to be exempt from the debts of this corporation and no pri- vate property of the stockholders and members shall ever be taken for the payment of the debts of the corpora ton.
 In Witness Whereof, we have here unto set our hands and seals this 18th day of March. A. D., 1901.
 J. C. c. PRICE. (seaD
 R. F. BURLINGTON. (seaD
 R. MAIBEN. tseaD
 H. s. BRIDGE. (seaD
 J. L. TISDALE. (seaD State of California, City and County of
 San Francisco, ss.
 On this 18th day of March, in the year one thousand nine hundred and one, before me, F. c. Mosebach, mo- tary public in and for said City and County of San Francisco. residing therein, duly commissioned and sworn, personally appeared J. c. C. Price. II. F. Fullingtn. R. Maiben, H. s. Bridge and J l.. Tisdale, personally known to me to be the persons whose names are subscribed to the within instrument, and they each duly acknowledged to me that they executed the same.
 In witness whereof, I have hereunto set my hand and affixed my official seal in my office in the City and Coun- ty of San Francisco, State of Califor- mia. the day and year in this certificate first above written.
 (seaD F. C. MOSEBACH. Notary Pubic in and for the City and
 County of San Francisco, State of
 California.
 G0c l. R. Stp. Cncld)