Arizona daily citizen., 1901-03-26
LEGAL ADVERTISEMENTS.
Articles OF Incorporation OF The Chico
Commercial Oil Company.
" ALL MEN BY THESE PRESENTS:

KNOW ALL MEN BY THESE PRESENTS:
That we, the undersigned, all of whom are
citizens and resden.s OF the state OF California,
United States of America, under and by virtue
aof the provisions of the laws OF the territory of
each for himself. and not ole for the other,
that we have this day voluntarily associated
ourselves together for the purpose OF forming a
corporation; and that We will, and by these
presents 40, form ourselves into body politic
and corporate under and by virtue vi the laws
of the territory OF Arizona and we do further
certify and declare;
First: That the name of the said corporation
shall be and is the "Chico Commercial Oil
Company" and that the names of the incorpor-
ators are Thos. Bicknell, Al Abraham, J. A.
Thos n. Crew. and its principal place of bust.
ness shall be Tucson. Pima county, Arizona and
Chico, Butte county, California.
Second: That the purposes for which said
corporation is formed are within the territory
of Arizona and the state of California TO hold,
own and lease real and personal property, and
to acquire the same by location, purchase,
lease or otherwise, to prospect for, by such
means as may be deemed proper and most ex-
pedient, oil, oil products, bitumen, bituminous
rock, natural gas gold, silver, copper, coal aud
other precious metals, and for that purpose, to
locate. own, hold, acquire lease or construct
fumes, bitches and p,pe line, for carrying and
conveying oil, water and gas, and also 10 locate.
own, purchase or lease, water, water rights,
maintain tanks, tank houses, and storage
plants for oil, gas and other products To con
struct maintain, own, lease and operate elec-
trio power plants, high and low tension trans
mission lines, and TO sell, lease and dispose of
electric current, to erect pole lines, trsmways,
roads. bridges, fumes, aqueducts; to deal in all
OF said commodities and business, and to sell,
hypOtecate, buy and pledge the same and gen.
orally to do al and every needful or convenient
thing or act that may oe connected in or about
said business OF producing, buying and selling
oil, coal, bitumen. bituminous rock, precious
metals of all kinds,-water, water bitches, flu.
mes, pipes and electric power, telephone lines
and instruments, telegraph lines and instru
ments and everything that may pertain to said
business: To borrow and lend money, to give
and take all classes OF security therefor: TIC
issue bonds and to provide for the payment oi
the same with interest, and to secure the pay
ment OF the same by mortgage, deed OF trust OF
other instrument or instruments.
Third; That the amount of the capital stock
| OF said corporation Is five hundred thousand
lis five hundred thousand {500, ,o00) of the pal
| value of one dollar each.
That said capital stock Is to be paid in By the
subscribers in monthly payments OF ten pei
| scription.
| Fourth: That said corporation to commence
| from the date OF filing these articles with ths
| county recorder of Pima county Arizona, and II
| to expire, unless extended, twenty-five year
| from said date.
| Fifth: The affairs of the corporation are t
| be conducted by board of directors, consist
ing Of seven persons: The officers of the cor
poration shall be q president, vice.president
| see'etary and treasurer The board of direc
tors shall be elected annually, on the first Mon
day in April in each year, and the o1icers arr
/ to be chosen by the board OF directors from
| their own number.
The director who win serve until the frs
Monday in April 1902 are Thos Bicknell, A
Abraham. j. A. McFeeley A. g. Eames J. C
| DAILY, W. j. Costar and Thos n, Crew.
| Sixth: The greatest amount OF Indebtedness
or liability TO which the corporation may a
any time subject itself, shall not exceed thirt!
| 1901 per cent of its subscribed capital stock.
Seventh: The private property Of the incor
| porators or stockholders shall not be liable fo
| the debts Of the corporation.
| In witness whereof, we have hereunto set ou
| hands and seals this 1ith day of Mauh A. ID
! 1901.