Mohave County miner., 1901-05-11
Articles OF Incorporation
OF THE
Observation-Disclosures Oil Com
pdny.

10 cent documentary revenue stamp Cancelled
Know ALL MEN BY THESE PRESENTS, that we.
the undersigned, have associated ourselves to
gether for the purpose of forming a corpora.
lioa for the transaction OF business under the
laws of the Territory OF Arizona, and hereby
adopt the following as thei Articles OF Incor.
poration, to-wit:
The names OF the corporators of said corpor
alton are: 4, C. Palmes, NJ. jameson, l. L.
Niler.,J II. Wilson, J. b. Fisk, s. @. Smart
and Bedell Smith
The name OF said corporation is the Bak ers
field Kramer Oil Company.
III.
The principal place of transscting business
is King man, County of Mohsve Territory of
Arizona, with branch office at Bakersfield
County of Kern, State of California
w.
The general nsturs OF the business proposed
TO be, transacted is: To purchase, lease, own,
hold aud acquire oil lands and other real prop
erty. and TO bore. sink, drive, eXcavate and
construct wells. shafts. tunnels aud other
works for the purpose OF developing and ex-
racting the mineral oils petroleum, asphal.
tum, liquid bitumen, gas and other products
contained therein;
To buy, own refine, sell aud deal in mineral
oils petroleum. liquid bitumen, asphaltum,
gas, and other mineral products
To acquire. own and operate rehueries and
other works for refining any of the aforesaid
products; to build aud construct tan ks and
other receptacles for accu sting, holding or
storing any of such Iroducts
To purchase, acquire. own. hold. construct
aud operate pipe lines for the transportation OF
any OF, sach products;
To buy, sell, own aud hold all such personal
property As NAV be necessary or useful in car
ryiug on the business of the corporation;
To acquire, own, hold aud dispose Of water
and water rights;
To borrow and lend money!
To acquire, own. buy. sell and deal In shares
OF stock, bonds and obligations OF public and
private corporations:
And generally, to do and perform all other
things necessary or incidental to any of the
purposes above set forth. or useful in connec.
ton with the business for which the corpora
ton Is formed.
The amount OF capital stock of said corpora.
ton, authorized to be issued, is Five Hundred
Thousand t5O0. 000) shares, OF the par value Of
One Dollar 81 O0) each. the same to be issued
at such time aud upon such terms and condi
tons a. the Board OF Directors may determine
vi.
The term for which said corporation is 10 ex-
list is twenty five years. commencing on the
3oth day OF March, 1901, and terminating on
the both day OF March, 1926, unless renewed or
dissolved As provided by law.
VII
The Affairs Of the corporation are to be con
Quoted by a Board OF Dir ctors, consisting OF
seven members. The corporation herein shall
constitute the first board. Directors shall be
elected annually. by the stock holders at their
regular meetings, to be held on the SECOND
Monday OF March IN each year. All directors
shall hold Office until tn ir successors are
elected and qualified The directors may by
majority vote. choose proper officers to carry
on the business OF the company; may confer
on them the power to perform the functions OF
their respective Offices; may fill vacancies In
their board caused by death or resignation
may adopt bylaws for the government and
guidance OF the corporation, and may levy as
sessments upon the stock OF the corporation
but any assessment made must be declared
noticed aud collected ia all respects pursuant
to the laws OF California relating TO the assess
ment OF corporate stock.
VIII.
The highest amount of Indebtedness or liza
bilIty TO which the corporation may at any
time subject itself Is Fifty Thousand Dollars
HjOOO0l.
1he private property of stockholders in thi'
corporation shall be exempt from liability FOL
corporate debts.
All stock issued and sold by said corporation
shall be regarded as fully paid for
liz WITNESS WHEREOF, we have hereunto SCI
Pur hands and seals this Doth day OF March
1901 &c, PALMES Seal
JIM. JAMESON. Iseal
l. L. MILLER, Seal
J II. WILSON, Seal
JOEL b. FISK, tseal
A Al