Arizona daily citizen., 1901-05-20
Articles Of incorporation Of the Gila and
Colorado River OIL Company.


Know all men by these presents, that
we, the undersigned, for the purpose OF
| forming corporation under Chapter 2,
Title IL, of the Revised Statutes of the
Territory of Arizona. to transact the
business hereinafter mentioned, do adopt
the following articles of Incorporation:
FIRST.
The names of the incorporators are, J.
.. O'Brien, N. B. Hawke, ]. w. Small,
e. L. Hart, George Christ, Jr., L. {.
Kelly w. B. Purcell, and A. A. Lysight.
SECOND.
The name of the corporation is: The
ella and Colorado River Oil Company
and the principal place for transacting
business shall be at Tucson, in the Coun-
ty of Pima and Territory of Arizona, but
the corporations proposes to carry on
business In Arizona and the other States
and Territories OF the United States as
may be found necessary.
THIRD.
The general nature of the business
proposed to be transacted is drilling for
and developing oil, asphaltum and other
minerals, transporting and refining oils,
or otherwise preparing the same for
market, and to acquire, purchase, hold
improve, work, operate, sell and convey
oil wells, oil and mineral lands, and to
erect all necessary machinery and build
Ings; to procure or purchase water and
water rights to construct bitches, fumes
or pipe lines to convey water for the use
of said company; to issue, sell and CON
vey stock, bonds or mortgages; to pur-
chase, acquire, hold, or sell and convey
real estate rpersonaiproperty of what
ever kind. and to do all things necessary
to carry on the business of the company.
FOURTH.
The amount of capital stock authoriz-
ed 10 one million dollars, divided into one
million shares (1,00o,O00) of the par
valuc OF one dollar each, fully paid up
and forever worcestershire.
FIFTH.
This corporation will begin business
on the Sixteenth day of May, A. D..
1901, and will terminate in % years
from that date.
SIXTH.
The affairs of this corporation will be
conducted by board of directors con-
sisting Of eight persons, including the
President, Vice President, Secretary, and
Treasurer, and, at the option OF the
board OF directors, an attorney, Assist
ant Secretary, an Assistant Treasurer
and an Executive Committee, who shall
ee elected Mt special merting to be CALI
ed by the Board of Directors within
thirty days after the filing of thes. Ar
ticles of Incorporation, and thereafter
such officers shall be elected on the first
Tuesday of January of each succeeding
year.
SEVENTH.
hat the directors who are appointed
tor the flrst year are: j. S. O'Brien. N.
e. Hawke, j. w. Small, K. l.. Hart.
Gcorge Christ, Jr., l.. c. Kelly, w. B.
FuTceH, and A.. A. Lysight, all ofthe CITY
OF Tucson, Arizona. Hereafter the cleo
ton OF directors shall be held annually
on the first Tuesday of January.
EIGHTH.
The highest amount of indebtedness or
liability to which this corporation shall
snbJect itself is twenty thousand dallars.
$50, ,o00.)
NINTH.
Private property of the members of
this corporation shall be exempt from
corporate debts
TENTH.
Among the powers of this corporate
body shall be: l.. To have pcrpetpai
succession. 2. To sue and be sued Inv
it's corporate name. g. To have n
common seal and alter the same at plea
sure. 4. To render the shares or m
terest of stockholders transferable. and
prescribe the mode of making such trans.
fers. b. To exempt the private proper.
ty OF members from liability for corpor-
ate debts, which is hereby done. 6. To
make contracts, acquire and transfer
property, possessing the powers in such
respects as private individuals now en-
Joy. q. To establish by-laws and make
rules and regulations deemed expedient
for the management of their affairs. NOT |
Inconsistent with the Constitution and
laws OF the United States and the Terri
tory of Arizona.
ELEVENTH.
These Articles of Incorporation NAV
be altered and amended by a two-tbirds
vote OF all stockholders of this co, nora
lion, at any regular meeting of said
or any special meeting ex-
pressiy called for that purpose. and The
same shall be filed with the County r.
,order of said Pima County, and with
the Secretary ofthe Territory ofArizona.
and printed as required by law.
In witness Whereof we have hereunto