Arizona republican., 1901-04-01
ARTICLES OF INCORPORATION of the NORTHERN CALIFORNIA CO-OPE- RATIVE OIL COMPANY. LIM-
 TIED.

Know all men by these presents. that we, the undersigned, M. P. Rose, of Bedding. Shasta county, California, T. J. Houston. of Bedding, Shasta county, California, J. II. Hunter. of Bedding, Shasta county, California. J. Browning, of Reddng Shasta county, California, D. B. Nathan. of Bedding. Shasta coun- ty California. M. T. Kite. of Reddirs. Shasta county. California. Edgar '" t.., of Bedding. Shasta county, Ca ,U.nia. have this day associated ore eives to- gether for the purpose forming a corporation under the avs of the terri tory of Arizona, al we do hereby certify:
 First That the name of this corpor- aticn shall be the Northern California Co-Operative oil Company. limited.
 Second: That the purposes for which this corporation is formed are: to buy, sell, acquire, own. hold. enjoy. deal in, mortgage. develop. c"G generally to possess and handle oil lands. mineral claims, water water rights and other real, personal and mixed property of every nature and kind, and the pro- duets and proceeds thereof. and to own. hold. acquire, buy, sell, hypothecate and generally deal in corporate stocks and shares, and to engage in and carry on the business of boring, exploring for, producing, distilling, refining, reducing, manufacturing. transporting. piping, carrying, handling, storing and general ly dealing in oil. petroleum. natural gas, asphaltum, bitumen bituminous rock, and other mineral substances and the products thereof ito buy, sell. hold. use. lease. mortgage, control and enjoy lands, easements, acqueducts. reser- volrs, tanks and appurtenance's to borrow and loan money: and generally to do all acts and things necessary to the proper transaction and conduct. every and singular, of said business, to the same extent, purpose and effect as the same, or any portion thereof. could be transacted or conducted by natur- al person
 Third: That the principal place Of business of said corporation shall be at Phoenix, Marloopa county, Territory or Arizona, and the places out side of said territory where it may keep branch cfiices and transact it's business and conduct its affairs shall be at Bedding. county of Shasta, state of California, and such other place or places as shall be deter mined by its stockholders. from time to time, or it's directors. as it's business may be deemed to require. the same as , If specifically stated in these articles.
 Fourth: That the amount of capital stock of said corporation shall be three | hundred thousand dollars (s300,000) and the number of shares into which 1t l is divided shall be three hundred thous- and (300, ,000) shares, of the par value of one dollar each; the value of which stock is to be paid in cash or upon such installments as the directors may pro- vide, or in real or personal property, trade. labor, merchandise or materials. | Tn the discretion of the board of direct ors: and preferred shares of stock may be issued. upon such terms and c0ndi- tions as may be provided in the by laws.
 Fifth: That the time of the com mencement of the existence of this cor poration shall be the 18th day of March A. D.. 1901, and the time of it's terminal tion shall the 10th Gay of March. 4. D 1926.
 Sixth: That the persons 1r officers authorized to conduct or control the business and affairs of said corporation shall be the stockholders holding two thirds in amount of the outstanding stock of the corporation. and the board of directors composed of such numbei of members, to be chosen by the stock holders, as may be provided in the by laws of the corporation. The original by-laws shall be adopted by the Vote O; signature ot stockholders holding two. thirds of the subscribed stock, and any resolution adopted by the holders of two-thirds in amount of the outstand- ing stock. whether adopted by vote 1i signature of such stockholders. with out or in a meeting, shall absolutely control the affairs of the corporatiof and the tenure of office of its directors and officers, so far as indicated in sue. resolution; and the board of director. shall have the management and contra of the affairs of the corporation, sub
 ject to any resolution or vote of thu stockholders. The names of the per sons appointed to serve as director: until their successors are elected are:
 are:
 M. P. Rose. ......... holding ten share! T. J. Houston. ....... holding ten sharei J. H. Hunter. holding ten share
 J. Browning. holding ten share
 D. B. Nathan. holding ten share . NJ. T. Kite. holding ten share
 Edgar Firth. .......... holding ten share
 The directors will elect from thei
 number president, first vice-presi
 dent, second vice-president, and ma!
 also elect managing director; the.
 will also elect a secretary and such oth
 CT officers as may be provided for il
 the bylaws of the corporation. or a
 may be required to conduct the busi
 ness of the corporation. none of whom
 need be directors; and may confer uroi
 such officers such powers as the sait
 board of directors may deem best.
 Seventh: That the highest amour
 of indebtedness to which the corpora
 ton is at any time to subject itsel