Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1901-08-27

agents and officers as the business Of
this corporation may require; to hold
and own, manufacture and operate, i'm
prove and develop lands, mining claims,
mineral rights. oil and gas wells, and
other real and personal property and
interests and rights In any Of said prop
critics: the buying and selling of mer-
chandse. oils, minerals, metals, timber,
lumber, and agricultural productions;
to engage in and carry on the business
of boring and exploring for. producing,
refining. d.stiliing, treating, manufac-
turing. piping. carrying, handling,
storing and dealing in, buying and SELL
ing oils. petroleum, natural gas, asphalt
tum. bitumcn, bituainous rock, and
other minerals hydro-carbon sub
stances and products of any and all
such substances, and FOR such purposes
to buy or otherwise acquire, hold and
own, manage and operate refineries,
pipe lines, tanks, tank manufactures,
machinery. wharfs, tanks and tank
cars. and steam and sailing vessels for
water transportation, and other works
or appliances that may be incident or
auxiliary to the business, or that may
the Board of Directors to operate es-
tablish and carry on agencies, offices,
storage tanks and houses; to sell ar
ticles produced and products manufac-
tured by This or other corporations,
persons firms in Arizona Territory, or
other states and territories of the
United States of America and in foreign
countries; the production and genera
ton of steam, electricity, gas and other
I agencies and means OF lighting, heating
and motive power and the using, SELL
ing, renting. leasing, bonding and 9TH
erw!se dispCsing of the same: to do a
general real estate and mercantile bust
ness; TO own and control letters patent
and Inventions; and the doing and per-
forming Of any and all other acts not
inconsistent with the laws OF the Ter
ritory OF Arizona, made and provided
for the government of corporations.
III. The amount Of the capital stock
of this corporation shall be One Million
Gl,0c0,O O0) Dollars, divided into One
Million U.0Oc, C00) shares of the par
value of One ($L0O) Dollar each each
fully paid up and forever non assess
able; and that there shall be issued ia!-
mediately after the incorporate n Is
formed and created. One "a share Of
the said capital stock of said corpora -
ton to each of the individuals named
above as incorporators of this company:
said stock so issued to these individuals
being fully paid up by them and each
OF them, and that said stock and that
all stock to be hereaf tier issued by this
. OF nd
thereof. shall be on-assessable for any
purpose whatever; and tina. all of said
stock shall be paid for Immediately
when issued by this corporation, and
upon delivery to the purchasers there
OF. Among the powers Of this body cor
porate shall be; To have perpetual
succession TO sue and be sued by it's
corporate name to have common seal
and alter the same n pleasure; TO pre-
scribe the mode of making transfers of
stock or interests Of It's stockholders:
to make contracts. to acquire and
transfer property Of every kind and de-
srripton, both real and personal. and
TO possess the same powers in such re-
sDects as private individuals now
enjoy; to establish bylaws and make
all rules and regulations deemed expe-
dent for the management of it's affairs
not inconsistent with the laws and Con-
stitution Of tho United States and the
laws Of the Territory OF Arizona.
Nv. The time of the commencement
of this corporation shah be the date OF
the fling OF these Articles Of Tncorpo-
ration, in the Office of the Secretary OF
Arizona. and the termination thereof
shall be twenty-five .2O years there
after.
V. The affairs of this corporation
shall be conducted IN accordance with
the bylaws established by Board OF
Directors To be elected annually by the
stockholders of this COMPANY said
annual election shall be held on tho
fourth Tuesday Of July i'm each year
the present Board being elected as sool
after the adoption OF these Articles oi
Incorporation as a meeting Of such
stockholders can be convened. the pres.
cnt Board serving until the next annua
election, or until their succs ssors are
qualified. No person Is eligible to be
Director who is not stockhOldel
thereof. and any Director ceasing to bc
a stakeholder the office at once become.
. vacant and may be filled by the BoarC
Of Directors at their next meeting.
VI The highest amount OF indebted
p ness or liability direct or contingent tC
; Which this corporation is at any time
TO subject Itself or may incur for any
purpose shall not exceed over Ter
, Thousand Csi0.0lO) Dollars.
VII. The private property OF tn,
, stockholders of this corporation shall
BE- exempt from ami not liable in any
: case for any Of the debts created by
this corporation.
VIII. The Board of Directors of thi.
r corporation at the time of it's organiza.
ton SHALL consist of ten 00) members
who shall have power to elect the Pres
ident. First Vice President. Seconc
: Vice-President, Secretary, Vice Secre
, tary and Treasurer. from their ow,
r number; also to make bylaws, ruiet
and regulations necessary to carry int,
: execution ;he affairs of shis company
: nothing shall be Inconsistent with thu
t laws of the United states or the Terri
5 tory OF Arizona.
TX. That regular or special meeting
7 and the annual meeting of the stock
= holders or of the Board of Directors o
I this companymay be held either in Kan
, sas City. Jackson County, State OF Mis-
, souri,, or in the City and County of SAL
francisco State of California &c