Arizona republican., 1901-05-13
ARTICLES or INCORPORATION
 of CALIFORNIA OIL SYNDICATE,

huoW All Men Dy IneSe PreSentS: That We. the undersigned, have this day voluntarily associated ourselves together for the purpose of forming Q corporation under and by virtue of the laws of the Territory of Arizona. And we hereby certify:
 First: That the names of the cor- porators of this corporation are J. c. c. Price, R. F. Burlington, R. Maiben, II. S. Bridge and J. L. Tisdale That the name of said corporation is Call ifornia oil Syndicate, and that its principal place of business is the City of Phoenix, in the Territory of Arizona, with branch office at San Francisco, California
 Second: That the general nature of the business to be transacted by tlSs corporation is to buy, sell, lease, locate, own. hold and deal in oil land, gas land, petroleum land, and oil claims and petroleum claims: to buy, sell, own hold, and deal in stocks of other corporations. bonds and other eSdencep of indebtedness: to buy, own, hold and sell real estate; to act as broker or commission agent for the transaction of all kinds of business for other per- sons and corporations; to bore and sink oil wells, petroleum wells, and gas wells, either for itself or for others: 10 own, hold and operate oil wells, De- troleum wells and gas wells. to buy, own, hold and operate oil and petrol- cum refineries; and pipe lines for the conveyance of oil and petroleum; 10 buy, locate, own, hold and to sell coal, gold and silver bearing lands and min- ing claims; to buy. locate, acquire, own and hold water and water rights, and rights of way for conducting such water; to do and perform all other acts necessary and proper for the purpose of carrying on the business of this corporation.
 Third: That the term for which this corporation is to exist is twenty five (25) years from and after the date of its incorporation.
 Fourth: That the amount of capital stock of this corporation authorized is and shall be five hundred thousand dollars ts500,0oO, divided Into five hundred thousand (5OO.000) shares of the par value of one dollar (sD each, all
 
 paid immediately upon the organIza- ton of this corporation. and two hund- red and fifty thousand (250.000) shares thereof shall be issued to the persons who sign these articles, that is to say, to J. c. C. Prize, one hundred and fifty thousand Q50,O00) shares: to R. r. Fullingtor twenty-five thousand (25,000) shares; to R. MaOian, twenty five-thousand (25,000) shares: to II. s. Bridge, twenty-five thousand (25,000) shares; to J. l.. Tisdale, twenty-five thousand (25.000) shares. And that the balance of two hundred and fifty thou sand (250,000) shares oc said capital stock shali remain fn the treasucy of this corporation as a working capital to be disposed of at its oar value for land or for money, land work and ser vices in and about the business of this corporation.
 Fifth: The affairs of this corpora tion are 10 be conducted by board of directors consisting of five members. The said board of directors shall con- sist until their successors are elected of J. C. c. Price, whose residence is the City and County of San Francisco, State of California; R. F. Burlington, whose residence is the City and Coun- ty of San Francisco, State cf California; E. Mabien whose res idence Is the City and County nf San Francisco. State of California: Ii. $. Bridge, whose residence is the City and County of San Francisco. State of California. and J. l.. Tisdale, whose residence is the City and County of San Francisco, State of Cal ifornia. The said board of directors shall be elected on the first Monday in April, 1901, and on the first Monday in April of each and every year there- after during the existence of this cor poration.
 Sixth: The highest amount of in- debtedness and liability to which this corporation is at any time to subject itself is one hundred thousand dollars
 seventh: The private property of the stockholders and members of this corporation is to be exempt from the debts of this corporation and no pri- vate property of the stockholders and members shall ever be taken for the payment of the debts of the corpora tlon.
 In Witness Whereof. we have here unto set our hands and seals this 18th day of March. A. D., 1901.
 J. C. c. PRICE. (seaD
 R. F. BURLINGTON. (seaD