Holbrook argus., 1901-02-23
Articles of Incorporation
OF THE
Bernalino Oil Company

III. S. Internal Revenue Stamp, Ten Cents.
duly Cancelled on Originally
KNOW AGL MEN BY THEsE PRESENTS:
That we, the undersigned. have this day vol
UNFAIRLY associated ourselves together for
the purpose of forming a corporation under
we do hereby adopt the following Articiesrof
Incorporation:
FIRST.
That the names of TIE incorporators of
said company are Ernest RIAL ana James c.
May.
shall be Bernalillo Oil Company.
That the principal place of busines of said
company Is and shall be Holbrook, in the
county of Navajo. in the Territory of Ari-
zona. But the directors of said company
may from time to time establish and main
eSer iop wbn
Territory as they.may deem proper, and the
same change or discontinue at pleasure,
said company, both regular and special, may
be held outside of the limits of the Territory
of Arizona.
The general nature of tie business pro-
posed to be transacted by said company is
the acquisition of lands in the county of
Navajo and any other counties in the Ter
ritory of Arizona, and in the county of Ber-
nalillo and any other counties in the Terri
tory of New Mexico, and in the State of
California and in any other state or terri
lease, location, appropriation or otherwise.
and the prospecting for, and developing In,
such lands, and producing and saving there
from, petroleum, naptha, and oil of alllzinds
natural gas, asphaltum, coal and other min
eral substances; the purchase, lease or other
acquisition or construction of, and the
drilling plants and apparatus, tanks and
other reservoirs pipe lines and other con-
duits, rehneries, distilleries and other manu-
factories, sheds, warehouses, and other
buildings and structures, apparatus and ap-
pliances, railways and tramways, electric
light and power plants and systems of cleo
trio wires, and telephone lines, for the pur-
poses of mining, producing, storing, trans
porting, refining, distilling or otherwise
treating, and marketing and disposing of;
oil and other mineral substances for said
company or for other persons; the selling,
mortgaging, subletting. leasing other
wise dispoSing OF AL all or any part & OF any
toned or otherwise the buying, selling and
dealing In oil of all kinds; the building or
and conducting. of hotels, stores and shops;
dealing in all sorts of goods, wares and mer-
chandise, and carrying on all kinds of mo
ture In any or all branches; the doing and
transaction of any business or thing which
may be beneficial useful or convenient to OIL
for the carrying out of any of the purposes
above mentioned: and the acquisition. sale
or pledge of and disposing in any manner OF
shares of stock In or bonds or other obliga-
tions or securities of any other corporation
or corporations for whatever purpose OIL
wheresoever the same may have been OIL
may be Incorporated.
THIRD.
That the amount of the capital stock il
and shall be Five Million Dollars, divided
| into five million shares of the par value o.
one dollar per share, which may be paid il
called for by the directors of said Company
| or by the conveyance, transfer CT delivery t.
said Company of property which may b'
purchased by said Company, or by the rem
dition of services or performance of labor
| for said Company, or by the satisfaction
/ and discharge of any obligation or ebliga
pany, or in any other lawful manner which
may be determined upon by the directors o
said Company. All shares Of stock when is
sued skaH be fully paid, and the same shal
be forever nom assessable.
FOURTH.
The time of the commencement of sai'
corporation shall be the date of the filing o
these Articles of Incorporation in the ofic
of the County Recorder of the County O
Navajo. in the Territory of Arizona, and tth
! twenty-five years from and after the date o
such filing.
FIFTH.
SECTION l. The officers by whom the af
fairs of said Company are to be couducte'
are and shall be nine directors, who shall b
annually elected upon the fourth Monday O
January; provided that the date of such an
nual election may be changed from time t.
time by bylaw of said Company. Their
shall also be president, q vice-president
treasurer, general manager and a score
tary of said Company, and such other ON
GERS may be provided for by bylaw, a.
of whom shall be elected or appointed l.
such manner, and at such times. and TO
such terms as the bSr-laws may prescribe
The directors shall hold Office for one yea
from the time of their election and unit
their successors shall be elected and quail
fed. Vacancies in the Board of Director
shall be filled by appointment by the Boarc
Any person SO appointed to fill vacancy 1
the Board of Directors shah hold Office unit
the next annual election and until his sue
cessor shall be elected and qualified. n
person shall be a director who shall not b
at the time of his election or appointment
the holder ST one ae< mere shares of tn
capital stock
SEQ. 2. All elections of directors shall b
by ballot, and every stoclkholder shall have
right to vote in person or by proxy tn
number of shares standing in his name O
the books of said Company, for as many per
sons as there are directors to be elected, O
to- cumulate said shares and give one can
didate as many votes as shall equal the mum
Der of directors multiplied by the nambe
of his shares of stock, or to distribute the1
on the same principle among many can
didates as he shall see fit. The persons re
neiving the highest number of votes shall b
deemed elected directors