Arizona daily citizen., 1901-02-28
LEGAL ADVERTISEMENTS
Articles Of Incorporation Of the Grando
Chico Oil Company.

Know all men by these presents:
h ss "a e
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,
that we have this day voluntarily associated
ourselves together for the purpose OF forming
CORPORATION; and that w. we will and BY y.,se these
and corporate under and BY virtue OF 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 the "Grando Chico OIL Com
pany" and that the names of the incorporators
<. a. Kusei. Jr.. Z. T. Reynolds and W. r. Hef
fernan, and Its principal place OF business shall
be Tucson, Pima County, Arizona and Chico
California.
Second; That the PURPOSES for which said
lease real and personal property, and 10 ae-
quire the same by location, pnrchase, lease or
ortherwise. to prospect for by such means az
Be psoee a saei
precious METALS and Tor that purpose, 70 Iocase.
aiteies and pipe ne ss for esrryans and convey
Ing oil, water and gas, and also TO locate, own,
purchase or lease, water, water rights: claims
tain tain tanks, isnk houses and ssorage plants ior
oil, gas, and other products. To construct,
| maintain, own, lease and operate electric power
lines and 10 sell, lease and dispose Of electric
current, to erect pole lines, tramways, roads.
bridges, fumes. aqueducts; to deal in sil Of said
commodities and business, and to sell, hypo-
thecate buy and pledge the same, and gener.
ally TO do all and every needful or convenient
| thing or act that may be connected In or about
OIL oil, coal, bitnmen, bituniinous m rock, precious
metals OF all kinds, water water bitches,
fumes, pipes and power telephone lines and In
| struments, telegraph lines and instruments and
| everything
| To borrow and lend money, TO give and take
all classes Of securely therefor: To issue
same with interest, and 70 secure the payment
of the same mortgage, deed OF trust or other
instrument or instruments.
| Third: That the amount OF the capital stock
Of said corporation is i've hundred thousand
| Is five hundred thousand (509,o0o, of the par
value Of one dollar each.
| That said capital stock is to be paid In by the
subscribers In ten monthly payments OF ten per
| cent each, commencing with the date Of sub
/ scrtption-
| Fourth: That said corporation commence
| from the date Of filing these articles with the
county recorder of Pima County, Arizona, and
Is to expire, unless extended, twenty-five years
| from said date.
| Fifth: The affairs of the corporation are to
be conducted by board of directors, consist
ing OF six persons. The officers OF the corpora
tion shalt be a president, vice-president, seere-
1 shall be elected annually, on the first Monday
in February In each year, and the officers are
! TO be chosen By the board OF directors from
4 their own number.
(! The directors who will serve the FIRST Monday
| in February 1872 are c. W. Adams. w. Fl. Rhod-
es, c. w. Putnam, E. A. Kusel, Ir., Z. T. Rey-
| noids and T. Heifernan.
Sixth: The greatest amount OF Indebtedness
or liability 20 which the corporation may ii
any time subject 1t self, shalt not exceed ten
| 00) per cent OF II subscribed capital stock.
Seventh The private property of the incor-
porators or stockholders shall not be liable for
the debts of the corporation.
In witness whereof We have hereunto set our
hands and seals this 9Th day of February A. D.,
1901.