Arizona daily citizen., 1901-03-25
LEGAL ADVERTIsEMENrs,
Articles Of Incorporation Of the Chico
Commercial OIL Company.
sow ALL MEN BY THESE PRESENTS

Z
That we, The undersigned, all OF whom are
citizens and residents OF the state of California,
! United States OF America, under and by virtue
of the provisions OF the laws of the territory OF
Arizona, do hereby, certify, agree and declare,
each for himself. and not oLe for tue other,
that We have this day voluntarily asSC'eAi&ted
ourselves together for the purpose OF forming a
corporations; and thst we will, and by these
presents 40, form ourselves into body polite
and corporate under and by virtue I'll the laws
OF the territory OF Arizona and we do further
certify and declare;
First: That the name of the said corporation
shall be and is tae Chico COMMERCIAL Oil
Company" and that the names OF the ihcorpor-
ators are Thos. BickneH, Al Abraham j. A.
McFecly, A. G. Eames, J. c. DAILY, W. j. Costar,
Ihos N. Crew, and its principal place of bust
ness shall be Tucson, Pima county, Arizona and
Chico, Butte county, California.
Second: That the purposes for which said
corporation is formed are within the territory
Of Arizona and the state OF California to hold,
own and lease real and personal property, and
to acquire the same by location, purchase,
tease or otherwise, TO prospect for, by such
means as may be deemed proper and most ex-
pcdlent, oil, oil products, bitumen, bituminous
rock, natural gas gold, silver, copper, coal aud
other precious metals, and for that purpose, to
locate, own, hold. acquire lease construct
ilHmes, bitches and pipe line, Tor carrying and
conveying oil, water and gas, and also to locate,
own, purchase or lease, water, water rights,
claims ami privileges. To erect, hold own and
maintain tanks, tank houses, and storage
plants tor oil, gas ana other products. 70 CON
Structr maintain, ow n. lease and operate elec-
trio power plants, high and low tension trans
iaisSlnn lines, and 10 SELL lease and dispose OF
electric current, to erect pole lines, tramways,
roads. bridges, ilumes, aqueducts to deal i'll ali
of said commodities and business, and to sell
hypotecHte, buy and pledge the same and gen.
orally to do all and every needful OF convenient
thlng or act that may DE connected in or about
said business of producing. buying and selling
oil, coal, bitumen. bituminous rock, precious
metals OF all kinds, water. water bitches, fu-
mes, pipes ana electric power telephone lines
ana instruments, telegraph lines and instru.
ments and everything that may pertain 10 said
business: To borrow and lend money, to give
and take ali classes OF security therefor. To
issue bonds and to provide ior the payment oi
the same with interest, and to secure the pay
ment OF the same by mortgage, deed of trust or
other instrument or Instruments.
Third; That the amount of the capital stock
OF said corporation is tive hundred thousand
500 0oO0Ol dollars, and the number of shares
is five hundred thousand (J0OoO0 of the pai
value of one dollar each.
That said capital stock is to be paid in By the
subscribers in monthly payments of ten pei
cent each. commencing with the date OF sub
scripti0n.
Fourth: That said corporation to commence
| from the date of filing these articles with the
county recorder of Pima county Arizona and /.
| oeHpire, unless extended, twenty-five years
| from said date.
! Fl tn: The affairs of the corporation are u
be conducted by board of directors, consist
! ing of seven persons. The officers OF the cor
| poration shall be president vice president
/ sec SLaTy anu Inc DJhrt. Oh ulFeC
tors shall be elected annually, on the irst Mon
| day i'll April in each year, and the officers are
/ 10 be chosen by the board OF directors from
| tt cir own number.
| The director who will serve until the frs
| Monday in April 1902 Thos Bicknell, A
| Abraham. j. A. McFeeley, A. q. Eames J. C
DAILY, W, J. Costar and Thos N, Crew.
| Sixth: The greatest amount of indebtedness
or liability to which the corporation may a
any time subject itself. shall not exceed thirty
| 1901 per cent of its subscribed capital stock
Seventh; The private property OF the incor
porators. or stock holders shall not be liable fol
| the debts Gf the cor iporation.
| In witness whereof, we have hereunto set oul
| hands and seals this 18th day OF March A. d
| 1901.