Arizona republican., 1901-01-18

rations or individuals and the selling of crude oil, the boring of wells on oil lands and equlpping the same. the pur- chase and erection of such we'll boring and pumping machinery as may be necessary to properly develop oil lands purchased or leased: the building of roads and tramways, to acquire by purchase or otherwise, mining proper ties, mill sites, and water rights and develop the same; erect necessary buildings, mills, machinery ard appli- ances; to mine for gold, silver. coppe:. Lad and other minerals; to sell, mill, smrlt. reduce, refine or otherwise pre- pare ois and ores for market; to own. handle and control inventions and let- ters patent relating to and incident to the mining, milling, and smelling of c:es, crude petroleum ard other oils: to buy, seli, own, use and control real estate, water rights, mill-sites, machin- cry, appliances, fixtures, buildings, stock of other corporations, letters, patents, and inventions; to borrow money. issue bonds and to mortgage, pledge or otherwise dispose of any and
 
 curity and payment of any and all of its indebtedness, aLd to do any and all things and tC acquire all property, real and personal, which may be requi- site and necessary to carry into effect the objects for which said corporation is formed.
 Article V. The capital stock of this corporation shall be One Million $l,00000O Dollars, divided into One Million q ,000,0G0) shares of One ($l.00) Dollar each. The tire and conditions uron which the said capital is to be paid shall be as may be hereafter fixed and determined by the board of di- rectors.
 Article VI. The govCrnment of this corporation and the management and control of its affairs and business shall be vested in board of not less than five directors who shall be elected yearly at the regular annual meeting Of the stockholders, and the following named persons who are subscribers to the capital stock of this corporation, shall constitute the board of directors of this corporation unti! the first spec
  stockholders of this corporation at thg call of the ircorporators of this com pany, and until their successors dul2 qualified, shall be elected, to-wit: c. II. Fl. German, J. II. Plummer and !. F. Dresser.
 Immediately, or as soon as practica ble after fling of these articles in the office of the county recorder of the County of Maricopa, Territory of Ari- Zona, the persons named above as di- rectors, t. serve until the first special mretlng of the stockholders of this corporation. and until their successors duly qualified, shall be elected, shall meet and organize a board of directors Article VII. The officers of this cor poratlon shall be President, Vice. President, Secretary and Treasuref and other such officers and agents as the board of directors may deem nec- essary for ehc proper transaction of its business. Thc President and Vice. President of this corporation shall b. members of the board of directors and all members of the boarl of directors shall be stockholders of this corpora ton.
 Article VIII. Regular meetings Of the stockholdcrs of this corporation shall be held annually on the last Tuesday In January each year, and a; each annual meeting Of the stockhold CTS shall elect a board of directors who shall organize by selecting the oi.