Arizona republican., 1901-08-29

and right, title and interest of, In and
TO all oil lands and mineral lands, and
other lands and real estate and mining
claims. real and personal property by
location. exchange, purchase, bond or
lease of the same and otherwise land
the disposal of the same by sale, lease
or bond or otherwise ITO borrow money
and execute mortgages or deeds Of trust
to secure the same; and to sell shares
of the capital stock of this corporation,
the development of lands and property
by sinking wells and shafts and other
wise, and by driving of tunnels and
drifts and the erection of buildings,
hoists. derricks, warehouses;, factories,
furnaces, reilneries, engines, machinery
power houses and mills. and other
structures necessary to the proper cons
duet of the business of this corporation,
and acquiring and construction of
trans. tram-ways and other roads and
pipes, pipelines, fumes, bitches. and
every other thing necessary to the prop
er conduct of the BUSINESS or the COR
poratlon ITO hold stock IA other corpo.
agents and officers as the business Of
and own, manufacture and operate, inn
prove and develop lands, mining claims,
mineral rights. oil and gas wells. and
other real and personal property and
interects and rights in any OF said prop
critics; the buying and selling of mer-
chandise, oils, minerals, metals. timber
lumber, and agricultural productions:
to engage in and carry on the business
of boring and exploring for. producing,
refining, distilling, treating, manufac-
turing. piping, carrying, handling,
storing and dealing in, buying and SELL
ing oils, petroleum. natural gas. asphal.
tum, bitumen, bituminous rock, and
other minerals, hydro-carbon sub
stances and products of any and all
such substances, anG for such purposes
TO buy or otherwise acquire hold and
own, manage and operate refneriea,
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
be deemed necessary and convenient by
the Board of Directors to operate. es-
tablish and carry on agencies, offices,
storage tanks and houses 20 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
agencies and means OF lighting, heating
and motive power and the using, sell
ing, renting, leasing, bonding and 9TH
erwise disposin5 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
$1,000, 000) Dollars, divided into One
Million G.00o000) shares of the par
value of One (si.O0 Dollar each each
fully paid up and forever assess
able; and that there shall be issued ir.-
nediately after the incorpora ton is
formed and created, One ID 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 hereafter issued by this
corporation and Directors and Officers
thereof, shall be -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
or Among the powers of this body cor
porate shall be: To have perpetual
succession Ito sue and be sued by it's
corporate name Ito have common seal
and alter the same at pleasure: to pre-
scribe the mode Of making transfers of
stock or interests OF its stockholders:
to make contracts. to acquire and
transfer property of every kind and de-
scription, both real and personal, and
to possess the same powers in such re-
spects 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-
stltution Of the United States and the
laws Of the Territory OF Arizona.
". The time of the commencement
of this corporation shall be the date of
the filing of these Articles of Incorpo-
ration, in the Office of the Secretary of
Arizona. and the termination thereof.
shall be twenty-five. ,25) years there
after.
Y. The affairs of this CORPORATION
shall be conducted in accordance with
the bylaws established by a Board of
Directors to be elected annually by the
stockholders of this company, said
annual election shall be held on the
fourth Tuesday of July in each year:
the present Board being elected as soon
after the adoption of these Articles of
Incorporation as a meeting of such
stockholders can be convened, the pres
ent Board serving until the next annual
election, or until their SUCCESSORS are
qualified. No person is eligible TO be
a Director who is not a stakeholder
thereof, and any Director ceasing to be
a stakeholder the Office at once becomes
vacant and may be filled by the Board
OF Directors at their next meeting.
VI. The highest amount of indebted
ness or liability direct IN. contipoppt 70