Arizona daily citizen., 1901-02-25
Articles Of Incorporation Of The Grando
Chico OH Company.

Know all men by these presents.
That We, the undersigned, all OF whom are
citizens and residents of the State of California
United States OF America, under and BY virtue
of the provisions Of the laws of the Territory OF
Arizona, do hereby certify, agree and declare.
each for himself. and not one for the other,
ourselves together for the purpose OF forming a
corporation; and that we will, and by these
presents do, form ourselves into body polite
and corporate under and by virtue of the laws
of the Territory OF Arizona; and we do further
certify and declare: 2
First: That the name OF the said corporation
pany" and that the names of the incorporators
are C. W. Adams, w. II. Rhodes, G. w. Putnam,
l. A. kusel. Jr.. Il. T. Reynolds aud w. T. Hef-
fernan, and its principal place OF business shall
be Tucson, Pima County. Arizona and Chico,
California.
Second: That the PURPOSES for which said
corporation is formed are to hold. own and
lease real and personal property, and to ae--
ortherwise. to prospect for, by such means IS
my be deemed proper and most expedient. oil,
oil products, bitamen, bituminous rock, ma.
precious metals, and Tor that purpose. 10 locate
own, hold, acquire, lease or construct fumes,
bitches and pipe line, for carrying and convey.
ing OIL, water ana gas, and also 10 locate, own.
purchase or lease, water, SKATER rights, elaims
and privileges To erect, hold. own and nai,,-
tain tanks, tank houses and storage plants fer
oil, gas, and other products. 70 Construct,
plants, high and low tension transmission
lines and to sell, lease and dispose of electric
current, to erect pole lines, tramways, roads.
bridges, humes, aqueducts; to deal in all Of said
commodities and business, and to sell, hypo-
thecate buy and pledge the same, and gene
ally 10 do all and every needful or eonvenient I
thing or act that may be connected in or about
said business oi producing, buying and selling
, OIL coal, 6itumen, biLuminous rock. lrecious
metals OF all kinds. water, water ditehes,
fumes, pipes and power, telephone lines and In.
strnments telegraph lines and instruments and
everything that may pertain to said business
To borrow and lend money, to give and take
all elasseh OF securely therefor: To Issue
bonds and to provide for the payment Of the
same with interest, and to secure the payment
OF the same mortgage, deed of trust or other
instrument or Instruments,
Third: That the amount of the capital stock
OF said corporation is five hundred thousand
$500 900 0o) dollars, and the number Of shares
| is five hundred thousand $500, ,OO0l of the par
value OF one dollar each.
That said capital stock Is to be paid in by the
subscribers In ten monthly payments of ten per
cent each, commencing with the date Of sub
scription.
Fourth: That said corporation commence
| from the date OF filing these articles with the
county reeorderof Pima County, Arizona, and
is to expire, unless extended, twenty-five years
from said date.
Fifth; The affairs of the corporation are TO
be conducted by board OF directors consist
ing OF six persons. The officers OF the corpora
lion Snail De PRESIDENT, ce-preSldent, secfe-
tara and treasurer. The board OF directors
shall be elected annually, on the first Monday
in February in each year. and the officers are
to be chosen By the board of directors from
their own number.
The directors who win serve the first Monday
in February 1902 are C. ". Adams w. H. Rhod-
es, c. W. Putnam. Z. A. Kusel, Jr., E T. Rev
nolds and " 7. Heffernan.
Sixth: The greatest amount OF Indebtedness
or liability to which the corporation NAV At
any time subject it self, shaft not exceed ten
Q0) per cent OF it subscribed capital stock
Seventh; The private property of the incor.
porators, or stockholders shall not be liable for
tho debts of the corporation.
In witness whei eoi we have hersu to set our
hands and seals this 9th day of February A. d.
1901.