Arizona republican., 1901-03-28
ARTICLES OF INCORPORATION
 of CALIFORNIA OIL SYNDICATE.

Know All Men by These Presents; That We, the undersigned, have this day voluntarily associated ourselves together for the purpose of forming 2 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. Fullington, R. Maiben, II. S, Bridge and J. L. Tisdale. That the name of said corporation is Cal itoTnia Oil Syndicate, and that it's principal place of business is tho City of Phoenix, in the Territory of Arizona, with branch office at San Francisco, California
 Second: That the general nature of the business to ne transacted by tf&s 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 evidences 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, pe- 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 petrolepm: to l,,,. on 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 thls corporation.
 Third: That the term for which th,s corporation is to exist is twenty-five (25) years from and after the date of it's incorporation.
 Fourth: That the amount of capital stock of this corporation authorized is and shall be i've hundred thousand dollars (s5OO,OO0). divided into five hundred thousand (500,000) shares of the par value of one dollar ($1) each, all of which said capital stock shall be paid immediately upon the organiza- ton of this corporation, and two hund- red and fifty thousand (25O,00O) 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 Q50,000) shares; to R. F. Burlington twenty-five thousand (25,000) shares; to R. MaDien twenty five-thousand (25,000) shares: to H. g. Bridge, twenty-five thousand (25,OO0) shares; to J. l.. Tisdale, twenty-five thousand (25,OOO) shares. And that the balance of two hundred and fifty thou sand (250,000) shares of said capital stock shall remain in the treasury of this corporation as a working capital to be disposed of at it's par value for land or for money. land work and ser vices in and about the business of this corporation.
 t'ifth The affairs of ihi3 corpora ton are to be conducted by a board of directors consisting of five members. The said beard 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. Y. Fulington, whose residence is the City and Coun- fly of San Francisco. State of California; R. Mabien. whose res dence is the City and County of San Francisco, State of California; H. s. Bridge, whose residence is the City and County of San Francisco, State of California, and J. l.. Tlsdale, 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 cf in- debtedness and liability to which this corporation Is at any time to subject itself Is one hundred thousand dollars,
 Seventh The private property cf taa stockholders and mem bers Of this corporation is to be exempt from the