Holbrook argus., 1901-09-07
FIRST

the laws of the Territory of Arizona; and |
We do hereby adopt the following Articles of
Incorporation.
FIRST /
That the names of the incorporators of |
said company are James c. May and L. l.
henry.
That the name of said corporation is and !
shall be
NEW ENGLAND CRUDE OIL COMPANY
That the principal place of business of said |
company is AMI shall he Holbrooh, in the :
IONA: Bat the directors Of said company !
may from time to time establish and main !
tain offices for the traneaction of business in /
such other places within or without the Ter /
CItory as they may deem proper, and the |
Same change or discontinue at pleasure, |
gnd meetings of the Board of Directors of
said Company, both regular and special may !
Ie held outside of the limits of the Territory !
of Arizona.
SECOND.
The general sQrure of the business pro- |
the acquisition of lands in the County of
Navajo and any other counties in the Terri |
tory of Arizona and in the County OF Bernal- |
lilo and any other counties in the Territory of
New Mexico, and i'll the State of California,
and i'll any other State or Territory of the
United States, by purchase lease location
augmentation or otherwise and the pros
pecting for and developing in, such lands, !
and producing and saving thcrefrom Petro-
leNn, naptha, and oil of all kinds. natural
gas. uSphaI6um, coal and other mineral SUBJ
stances; the purchase, lease or other acqni-
and operation of, boring and drilling plants
and apparatus, tanks and other reservoirs,
pipe lines and other cOnduits rehncries, dis
tillerieS and other manufactures, sheds.
warehouses and Other buiIdi ngs and struct-
ures, apparatus and appliances, railways and
tramways electric light and power plants
and systems of electric wires and telephone
lines, for the pun pose OF mining, producing
storing, transporting, refining, distilliHg eT
otherwise treating and mariXG ting and dis
posing of oil and other mineral substances
fer said company for other persons: the
selling, mortgage Hg, subletting. leasing or
otherwise dispOsing of, all or any part of any
lands acquired for the purposes above men
toned or otherwise; the buying, selling and
dealing. i'll oil of all kinds: the building or
otherwise acquiring, owning. carrying on,
and conducting of hotels. stores and shops;
dealing in all sorts of goods, wares and mer-
chandise and carrying on all kinds of me-
chanical trades the carrying ON of agricul-
ture in any or all branches; the doing and
transaction Of any business or thing which
may be bene1cIal. useful or convenient to or
for carrying cut of any of the purposes above
mentioned and the acquisition, sale or
pledge of and disposiug IN any manner of,
s. ares of stock ia. or bonds other obliga-
tion o. security of, any other corporation or
corporations for whatever purpose, or
" haresOeVer, the same may hdYe been, or
may be- incorporated.
THIRD.
That the amount of capital stock is and
shall be Five Milton Dollars. divided into five
million shares of the par value of one dollar
per share which shall be paid in at once.
from time TO time, and in cash. called for
conveyance. transfer Or delivery to said com
pany of property which may be purchased by
or performance of labor for said company,
or b" the satisfaction and discharge of any
obligation o. obligations hieh may be in
CURED by said company. or i'll any other law
full manner which may be determined upon
by the directors of said company.
IN shares of stock when issued shall be
fully paid and the same shall be forever nom
aSseSsable.
FOURTH.
The time of The commencement of said cor
poration shall he the date of the filing of
these Articles of Incorporation in the office
of the County Recorder of the County of
time of the termination thereof shall be
Twenty-Five years from and after the date of
such fling.
FIFTH.
Section l. Tie officers 10y whom the affairs
! OF said conpaBy are to be conducted are and
shall be fifteen directors who shall be aunu-
ally elected upon the fourth Monday of July
provided, that the date of such annual cleo
ton may he changed from time to time by
bylaw of said company.
There shall also be "a President, a Vice
President. u Treasurer. General Manager.
| and Il Secretary of said company, and such
ether officers as may be provided for by by
law, all of whom shall he elected appoint
4 ed i'll such manner, and at such times. and for
The directors shall hold Office for one year
from the time of their election and until
their SUCCESSORS shall be elected and quail
! lied. Vacancies in the Board of Directors
shall be filled by appointment by the board.
! Any person appointed to I'LL u vacancy in
( the Board of Directors shall hold Office until
/ the next annual election and until his sue
ceSsor shall be elected and qualified. No per-
son shall he director who shall not be at the
time OF his election or appointment the hold
er OF one or more shares of the capital stock.
Section > All elections of directors shall
! be by ballot. and every stakeholder shall
have the right TO vote i'll person or by proxy
the number of shares standing in his name
I on the books OF said company, for as many
/ persons as there are directors to be elected
or to cumulate said shares and give one call
ddate many votes iiS shall equal the NUM-
Der of directors multiplied by the number oil
his shares of stock, TO distribute them Oh
the same principle among as many candi-
dates as he shall see fit.
The persons receiving the highest number
of votes shall be deemed elected directors,
Section s. The following named person.
are hereby appointed and are directors OF
Mass; DR.. ), I. Davis, Orleans Mass: DAME
+. Clark, Montpelier: Vt; DR.. r, =, IL. Ames
Springfield, Mass; Edwin Ll1nt, Newberry.
! w. H. Graves. Marble Head, Mass; W. T. c
Swan, Stoughton, Mass; Jas. X. Simpson
Lawrence Mass; Jas. ID. simmons, Warren
X. l.; YIN. l. Dew son, Boston, Mass. DIR. j. A
Leet. Enfield, n. H.: Ihresher A. RipDey
: Orkney, Mass; Christopher A. Pierce. Provi
New MEXICO. Said dire directors i hereby ape ap
pointed shall hold Office until the annua
election to he held on the fourth Monday il
= July 1892. and until their successors ar,
elected and qualified.
Said above named persons hereby ap
pointed directors are not Ineligible "a Sucl
! because of not holding any shares of the cap
; ital stock of said company mt the time of thei
appointment such directors; but each o
said directors so appointed shall become IN
holder Of one or more shares of said capita
stock within sixty days from the date of tAes
f Articles of incorporation, in defaul
thereof shall cease to be n director whenever
after said sixty days. his default continuing
l the Board of Directors shall declare his plac
i vacant for such default.
Section l. The assent of stockholders rep
I resenting majority of The issued and out
2 standing shares of the capital stock, given 4,
: any meeting of the stockholders, regular O
! special. the written assent OF the holder
of twO-t birds of the issued and Outstandin
shares of the capital stock WhereSoeyer give
shall be etfectual to adopt, amend or repeG
= bylaws, or to adopt, amend repeal rule
5 or regulations for the management of III
!, affairs of said company.
Section !. The Boasd OF DIRECTORS at an
Il meeting, regular or special. may adop
= amend or repeal by-lG1s PROVIDING for tn
a time. place aud manner of holding, calm
= aHu conducting annual. regular and specia
} meetings of the Stockholders aud of the Boar
/ Of Directors, the number of Stockholders O
\ directors constituting Il Gdorunl, the mod
. of voting by proxy at stockholders meet
p iuEs. tue time of the annual election of d
: rectors and the mode and manner of givin
notice thereof, the compensation and dutit
-.