Holbrook argus. (Holbrook, Ariz.) 1900-1913, 1901-08-17

the laws of the Territory OF Arizona; and
we do hereby adopt the following Articles of
/ incorporation.
FIRST.
That the names of the incorporators of
said company are James c. May and l.. L.
Henry.
That the name of said corporation is and
shall be
NEW ENGLAND CRUDE OIL COMPANY.
That the principal place of business of said
company is AMI shall be Holbrook, in the
/ County of Navajo, in the Territory of Ari-
IONA. But the directors of said company
may from time to time establish and main-
tam offices for the transaction of business i'll
such other places within without the Ter
ritory as they Tnsy deem proper, and the
and meetings of the Board of Directors of
said Company, both regular and special, may
ne held outside of the limits of the Territory
of Arizona.
The general nature of the 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 Terri
tory or Arizona and i'll the County OF Bernal-
lilo and any other counties in the Territory of
New Mexico, and in the State of California,
and i'll any other State or Territory of the
United States, by purchase, lease, location,
appropriation otherwise, and the pros
pecting for and developing in, such lands,
and producing and saving thcrefrom petro-
leum, naptha, and oil of all kinds, natural
gas. asphaltAm, coal and other mineral sub
stances; the purchase, lease or other acQui-
sition or construction of and the equipment
and operation of, boring and drilling plants
and apparatus, tanks and other reservoirs,
pipe lines and other conduits, retineries. dis
tillerieS and other manufactures, sheds,
warehouses and other buildi ngs and struct-
ures, apparatus and appliances, railways and
tramways electric light and power plants
. and systems of electric wires and telephone
lines, for the purpose of mining, producing
storing, transporting. refining, distilling or
: Otherwise treating and marketing and dis
2osing ~ OIL ana other mineral substances
for SAID company or for other persons: the
selling. nort@cging, subletting, leasing or
: otherwise ais2os'ng of, all or amy part OF any
1 laiI 5 acquired for the purposes above mem
toned or otherwise; the buying, selling and
= dealing in oil of all kinds: the building or
otherwise acquiring, owning. carrying on,
, and conducting of hotels stores and Shops;
dealing in all sorts of goods, wares and mer-
z chandise, and carrying on all kinds of me-
chanical trades; the carrying of agricul-
ture i'll any or all branches; the doing and
transacting of any business thing which
may be beneficial, useful Or convenient to or
for carrying out 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 other oblga-
ton or security of, any other corporation or
e9Hrporatioms for whatever purpose or
g may be, Incorporated.
II THIRD.
: That the amount of capital stock is and
!, shall be Five Million Dollars. divided into five
u million shares of the par value of one dollar
q per share which shall be paid i'll at once, OF
= from time to time, and in cash, called foI
: by the directors of said company or by the
/ conveyance, transfer Or delivery to said com
pany of property which may be purchased by
y said company, or by the rendition of services
& or performance of labor for said company
n or by the satisfaction and discharge of any
obligation or obligations which may be in
ny sad be or m
by the directors of said company.
All shares of stock when issued shall b,
fully paid and the same shall be forever non
aSSeSsable.
FOURTH.
L The time of the commencement of said cor
q poration shall be the date of the filing o
these Articles of incorporation in the offic,
of the County Recorder OF the County o
>, Navajo. in the Territory of Arizona, and thu
II time of the termination thereof shall b.
s twenty-five years from and after the date o
such filing.
5. FIFTH.
5, Section l. The officers by whom the affair.
: of said company are to be conducted are ant
,, shall be fifteen directors, who shall be annu
. ally elected upon the fourth Monday of July
: provided, that the date of such annual cleo
{ ton may be changed from time to time b.
bylaw of said company.
There shall also be "a President, Il Vice
President, Treasurer, Il General Manager
and a Secretary of said company, and sue
other officers may be provided for by by
| law, all of whom shall be elected or appoint
e ed in such manner, and at such times, and TO
ii such terms the bylaws may prescribe
10 The directors shall hold office for one yea
10 from the time of their election and unit
8 their successors shall be eiected and quail
lied. Vacancies i'll the Board of Director
It shall be filled by appointment by the boarC
Any person so appointed to fill a vacancy i
~ the Board of Directors shall hold Office unit
Il the next annual election and until his sue
cessor shall be elected and qualified. No per
son shall be a director who shall not be at tn
time of his election or appointment the hold
er of one or more shares of the capital stocl
L. Section 2. All elections of directors sha
- be by ballot and every stakeholder sha
. have the right to vote in person or by proX
the number of shares standing in his nam
on the books of said company, for as man
persons as there are directors to be elected
or to cumulate said shares and give car
~ dldate as many votes as shall equal the nun
Der of directors multiplied by the number {
his shares of stock, or to distribute them o
the same principle among many cand
dates AS he shall see fit.
The persons receiving the highest numbe
of votes shall be deemed elected directors.
tie Section 3. The following named person
IS are hereby appointed and are directors
se said company. to-wit: E. H. Brock, Boston
of Mass; DR.. 5, T. Davis, Orleans Mass; DAM,
by +. Clark Montpelier: Vt; DR.. r. P. Nj Anne
or port, Mass. Elmer E. Jones, Enfield, n, H
IN ". II. Graves, Marbiehead, Mass; W. E.
NV Swan, Stoughton, Mass; Jas. r. Simpson
Lawrence, Mass; JAS d. Simmons, Warrel
is K. l.. VIM. L. Dewson, Boston, Mass. DIR. J. /
ns Leet, Enfield, \; f.: Thresher A. Ripoe
or dence. r.. l.; and James c. May, Wingat
ng New Mexico; Said directors hereby al
he election to be held on the fourth Monday
u July, 1902, and until their successors al
of elected and qualified.
ey Said above named persons hereby az
uy npiufed directors ora NOT inaIiriJ,Ia S,,I
nd hacauSa oF NJ br,II,1fr 80. Il - - ~ -,
as ital stock of said company at the time of the
" appointment as such directors; but each
said directors appointed shall become ii
,al holder of one or more shares of said capt.
,c- stock within sixty days from the date of the
of Articles of incorporation, in defau
thereof shall cease to be a director wheneVe
id after said sixty days his default continuin
nm, the Board of Directors shall declare his pa,
" vacant for such default
or Section 1. The assent of stockholders re
i've resenting majority of the issued and on
he standing shares of the capital stock, given
or any meeting of the stock holders, regular
On special, the written assent of the holde
as of two-t birds of the issued and outstandi1
shares of the capital stock wheresoever give
h shall be etfectual to adopt, amend repe
u bylaws, or to adopt, amend repeal rui
-os or regulations for the management of Il
w. affairs of said company.
tai Section 3. The Board of Directors at al
i'll meeting, regular special, may adoI
ler amend or repeal bylaws PROVIDING for Il
nj time, place and manner of holding, calliI
D0) and conducting annual. regular and speci
meetings of the stockholders and of the Boa
=, of Directors, the number of stockh 0lders
tal directors constituting Il quorum, the MOI
ing mos che time nf th.. ANIMAL election If j