Arizona republican., 1901-03-31
ARTICLES OF INCORPORATION
 of the CALIFORNIA CO-OPE- RATIVE OIL COMPANY, LIM-
 TIED.

we, the undersigned, M. P. Rose, of Bedding, Shasta county. California, T.. I. Houston, of Bedding, Shasta county, California. J. II. Hunter. of Bedding, of Bedding. Shasta county, Calie ia, D. B. Nathan, of Bedding, Sha 2 Jun- ty California M T. Kite. oe ..edding, Shasta county. Californio ..dgar Firth, of Bedding, Shasta c'gnty, California. have this day assc ,dted ourselves to- gether for the p"rpose of forming a corporation unGer the laws of the terri tory of Arizona, and we do hereby certify;
 First. That the name of this corpor- ati.n shall be the Northern California Cooperative oil Company, limited.
 Second; That the purposes for which this corporation ie formed are: to buy, sell, acquire. ov'0 hold, enjoy deal in, mortgage, devel ,p, and 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, dlstilling. refining. reducing, manufacturing, transporting, piping, carrying, handling, storing and general ly dealing in oil, petroleum. natural gas, asphaltum, bitumen btuminous rock, and other mineral substances and the products thereof ito buy, sell hold, use, lease, mortgage, control and enjoy lands, easements, acqueducts, ressr- v0lrs, 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, Maricopa county, Territory of Arizona, and the places out eide of said territory where it may keep branch lffices and transact it's business and conduct It's affairs shall oe at Bedding. county of Shasta, state of California, and such other place or places as shall be deter mined by it's stockholders, from time to .ime, or it's directors, as its business may be deemed to require. the same as if specifically stated in these a-ticles.
 Fourth: That the amount of capital stock of said corporation shall be three hundred thousand dollars (S3O0.OOO) and the number of shares into which it Is divided shall be three hundred thous- and 3N0,000) 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 pros vide. or iD real or personal property. trade, labor. merchandise or materials. in the discretion of the board of direct ors: and preferred shares of stock may be issued upon such terms and condi- tlons 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 16th day of March. A. D. 1901, and the time of it's terminal tior shall the i6th Gay of March. A. D. 1926.
 SlXth That the persons or officers authorized to conduct or control the business and affairs of said corporation shall be the stockholders holding twu- thirds in amount of the outstanding stock of the corporation, and the board of directors composed of such number of members. to be chosen by the stock- holders, as may be provided in the by laws of the corporation. The original hv-laws shall be adopted by the vote or 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 or signature of such stockholders. with out or in a meeting, shall absolutely control the affairs of the corporation and the tenure of office of it's directors and officers, so far as indicated in such resolutions; and the board of directors shall have the management and control of the affairs of the corporation, sub ject to any resolution or vote of the stockholders. The names of the per sons appointed to serve as directors until their successors are elected are: are:
 M. P. Rose. holding ten shares T. J. Houston. ..... holding ten shares J. H. Hunter. r........ holding ten shares J. Browning .......... holding ten shares D. B. Nathan. holding ten shares M. T. Kite. holding ten shares I
 The directors will elect from their number president, first vice -presi- dent, second vice-president, and may also elect managing director; they will also elect a secretary and such oth- CT officers as may be provided for in tho bylaws of the corporation, or as may be required to conduct the busi- ness of the corporation, none of whom need be directors: and may confer uron such officers such powers as the said board of directors may deem best.
 Seventh That the highest amount of indebtedness to which the corpora tion is at any time to subject itself shall be fifty thousand dollars $50 000)
 Eighth: That the private property of each and every officer and stock holder of this corporation Is to be exempt and every officer and stockholder Of this corporation debts and liabilities. and from execu-