Arizona daily citizen., 1901-06-26
Articles Of Incorporation of the Monterey
Consolidated Oil Company"

Know all men by these presents: That
we, the TN dersigned, have associated
ourselves, and by these presents do as
sociate ourselves, for the purpose oi
forming q corporation under and by
virtue of the laws of the Territory OF
Arizona, with The name and purpose
hereinafter written: And we do further
certify and set forth
First-That the name of said corpor-
alton is and shall be the "M onterey Con-
solidated Oil Company"
Second-That the names of the incor-
porators are II. L. Wright, +. Badcr, o.
{. Mcfarland, II. T. Hendricks, and G..
w. Hinkle.
Third-That the principal place of
business and Office of this corporation is
at tucson, IN the County of Pima, Ter
ritory of Arizona.
Fourth-That the purpose for which
said corporation is formed and the geu-
eral nature of the business to- be tram
sacted by it, are:
To engage in the business of mining
for Oil, and OF refining the same, and OF
selling it for profit
To acquire by deed, gift, WILL grant or
otherwise, lands, tenements, heredita-
Aliilot tNftSruONtSy ESTATES, water
rights, oil wells, pipe lines, bonds, notes,
bills, claims, evidences of Indebtedness,
stock or bonds of incorporated compa-
nies, patent rights, and licenses, proper
ty OF every kind and every estate, right,
interest aud appurtenances in or to or
concerning real and personal property
of every name and nature legal and equit-
able, and to have and hold, use and en-
a
transfer and convey, incumber by mort
gage or deed OF trust, and otherwise
dispose of the same, and every part
thereof. or interest therein. and to sell
or exchange the capital stock OF this cor
poration, or any part thereof, for the
capital stock of other corporations, or
any part thereof and for other property
rights or franchises, as the board of di
rectors OF this corporation may deem
necessary for the purpose of this cor
poration and the transaction of its busi-
ness; also to establish agencies and off
ces in this Territory, and in the State Of
California and elsewhere, and to employ
any and all kinds of servants, iaborers,
employees and assistants to carry on
said business of mining for oil and OF re-
fining and selling the same, and to sell
oils apd products rnined by itstif or
other persons or corporations IN Cali,
fornia and other states and territories of
the United States of America and in
foreign countries: All of the aforesaid,
subject to such restrictions as are pro-
vided by law.
Fifth--The amount of the capital
stock of the corporation shall be tiye
hundred thousand dollars $500, ,ooo),
divided into one million shares Isl, 900. :
0O0) OF the par value of fifty i.50) cents
each. 200 shares of said stock shall be
issued to each of the individuals named
above as the incorporators of said COM
pany, ani the remaining stock shall be
issued when tho same is sold to subscri.
brrs, and the whole of the stock of this
company shall be an.assessahie, except
by amending these articles OF incorpora'
ton.
The time when the capital stock oi
/ this company is to be paid ins and the
conditions upon which it is to be paid
in, shall hereafter be fixed by the board
of directors of said corporation.
| Sixth-The time of the COMMENCEMENT
of the business of this corporation shall
be the day OF the fling OF these articles
of incorporation In the Office Of the re-
Icordcr of the County of Pima. In the
Territory of Arizona, and the ter,iina-
/ tion thereof shall be twenty-five years
thereafter, unless sooner wound up, in
conformity with the laws of Arizona.
4 Seventh-Thc affairs Of this eatlpans
shall I've eGnduetpd By baard Of five
directors, and the above named ineor'
porators shall be aud constitute the
board OF directors OF this company uniil
their SUCCESSORS ARE duly elected aud
qualified, and the beard oi directors oi
said company shall conduct the business
Of the same. and q board oi directors