Arizona republican., 1901-05-16
ARTICLES OF INCORPORATION
 of the BELMONT OIL AND DEVELOP MENT COMPANY.

Know all men by these presents, that We the undersigned. have this day vol. untarily associated ourselves together for the purpose of forming a corpora tion under the law1 of the Territory of Arizona
 Ard we hereby certify:
 FIRST. That the name of said cor poration shall be the BELMONT OIL AND DEVELOPMENT COMPANY.
 SECOND. That the names of the in- corporators are: w. w. Moore. John s. Trotter. Timothy J. Dugan. John w. Thompson C. Constant. Henry Murray and William Wilson
 THIRD. That the general nature of business proposed to be transacted and the purposes for which said corpora ton is formed are; To buy. sell and deal in oil, asphaltum and petroleum products, and to own. acquire. buy, sell lease and rent lands for mining, devel- oping. producing refining and handling the same; to drill. bore, mine. dig for and otherwise produce oil asphaltum and petroleum products. and to buy. lease, construct, maintain and sell tanks. pumps, pipe lines. and other equipment for the storage and trans portation of oils; and generally to do all things necessary to the proper ex- ercise of such purposes
 FOURTH. That the principal place of transacting the business of said cor poration shall be at Phoenix. in Mari- copa county. Territofy of Arizona, with a branch office at the city and county of San Francisco. in the state of Cali fornia: and with other branch offices at such other places as the board of di- rectors of said corporation shall des- ignate. and that all directors; and stockholders meetings, annual or oth- erwise. may be held at the said city and county of San Francisco, in the state of California, or at such other place or places as may be determined on and designated by the board of directors of said corporation.
 FIFTH. That the term for which said corporation is to exist is twenty. five t25) years from and after the date of its incorporation.
 SIXTH. That the private property of the stockholders Of said corporation shall not be liable for the corporate in. debtedness
 SEVENTH. That the highest amount of indebtedness or liability which said corporation is at any tims to subject itself to is the sum of one hundred thousand 100000 dollars.
 EIGHTH. That no assessment shall be levied or charged against the stock of said corporation for any purpose whatever
 NINTH. That payment shall be made immediately for all stock subscribed; ; and stock to be issued from time to time in payment for oil lands or other property. real and personal. for incor- porating and other expenses
 TENTH. That the business and af, fairs of said corporation shall he con. ducted by board of directors consist. ing of seven @ stockholders of said corporation, to be elected on the third Monday in May of each year, and to serve for the period of one year there after and until their successors are elected: and the officers of said cor~ poration shall be a president, a vice. president, a secretary and treasurer. all to be elected by the board of direct ors; and the names and residences of the directors of said corporation who are appointed for the first year and to serve until the election of their success sors are as follows, towit
 Names. Residences. w. W. Moore, San Francisco, Califor-
 nia
 John s. Trotter, San Francisco. Cal-
 fornia.
 Timothy J. Dugan, San Francisco,
 California.
 John W. Thompson. San Francisco,
 California.
 C. Constant. San Francisco, California Henry Murray, San Francisco, Califor-
 mia.
 William Wilson. San Francisco, Cali
 fornia
 ELEVENTH. That the amount of the capital stock of said corporation $ five hundred thousand (5OO,OO0) dollars. and the number of shares into which it is divided Is five hundred thousand (500,000), of the par value of one CD dol- la reach.
 TWELFTH. That the amount of said capital stock which has been actu- ally subscribed Is thrty-five (35) dol lars and the following are the names of the persons by whom the same has been subscribed, to-wit:
 Names of No. of Subscribers. Shares. Am'.. w. W. Moore ................5 8 % John $. Trotter... ....5 $500