Holbrook argus., 1901-03-02
TRILBY
Articles of Incorporation
OF THE
BernaIiIo Oil Company.

[U. s. Internal Revenue Stamp, Ten Cents,
duly Cancelled on original.l
KNOW ALL MEN BY THESE PRESENTS:
That we the undersigned. have this day vol
the purpose of forming a corporation under
the laws of the Territory of Arizona; and
we do hereby adopt the following Articles of
interpretations:
That the names of the incorporators of
said company are Ernest Riall and James G.
May.
That the name of said corporation and
shall be Bernalillo Oil Company.
That the principal place of busines of said
company is and shall be Holbrook in the
zona. But the directors of said company
may from time to time establish and main
in such other places within or without the
Territory they may deem proper, and the
same change or discontinue at pleasure.
and meetings of the Board of Directors of
said company, both regular and special may
be held outside of the limits of the Territory
of Arizona.
The general nature of the business pro-
posed TO be transacted by said company is
the acquisition of lands in the county of
Navajo and any other counties in the Ter
nalillo and any other counties in the Terri
tory of New Mexico, and in the State of
tory of the United States, by purchase,
lease, location appropriation or otherwise.
and the prospecting for, and developing in,
such lands, and producing and saving there
from, petroleum, naptha and oil of allkinds
natural gas, aSphaltum, coal and other min
eral substances; the purchase, lease or other
acquisition or construction of, and the
equipment and operation of, boring and
drilling plants and apparatus, tanks and
other reservoirs pipe lines and other con-
duits, refineries, distilleries and other manu-
factories, sheds, warehouses, and other
buildings and structures, apparatus and ap-
pliances, railways and tramways, electric
| light and power plants and systems of cleo
trio wires, and telephone lines, for the pur-
poses of mining, producing, storing; trans
treating and marketing and disposing of
oil and other mineral substances for said
company or for other persons the selling selling
wise disposing of all or any part of any
lands acquired for the purposes above mem
toned or otherwise; the buying. selling and
! dealing in oil of all kinds; the building or
otherwise acquiring. owning. carrying on,
aud conducting, of hotels, stores and shops;
dealing in all sorts of goods, wares and mer-
chandise, and carrying on all kinds of mo-
chanical trades; the carrying on of agricul- :
ture in any or all branches; the doing and
transaction of any business thing whic h
may be beneficial useful or convenient to or
/ for the carrying out of any of the purposes
above mentioned and the acquisition. sale
or pledge of and disposing in any manner of
shares of stock in or bonds or other oblga-
tions or securities of any other corporation
wheresoever the same may have been or
may be Incorporated.
THIRD.
! That the amount of the capital stock is
ard shall be Five Million Dollars, divided
! into fve million shares of the par value of
one dollar per share, which may be paid in
at once or from time to time, and in cash as
called for by the directors of said Company
or by the conveyance, transfer or delivery to
said Company of property which may be
purchased by said Company, or by the rem
lOh hnT
for said Company, or by the satisfaction
and discharge of any obligation or oblga-
tions which may be incurred by said Com
pany, or in any other lawful manner which
may be determined upon by the directors ot
said Company. All shares of stock when is;
sued shall be fully paid. and the same shall
be forever non-aS ;eSSable.
FOURTH.
The time of the commencement of said
corporation shall be the date of the filing oi
these Articles of Incorporation in the office
of the County Recorder of the County Of
Navajo in the Territory of Arizona, and he
time of the termination Thereof shall be
twenty-five years from and after the date Of
such filing.
FIFTH.
SECTION 1. The officers by whom the nf
fairs of said Company are to be conducted
, are and shall be nine directors, who shall bt
annually elected upon the fourth Monday o.
January provided that the date of such an
nual election may be changed from time tC
time by bylaw of said Company. There
shall also be a president, a vice-president. 6
treasurer, general manager and a secre
tary of said Company, and such other Off
F. GERS may be provided for by law, al
of whom shall be elected or appointed il
such manner, and at such times. and fol
, such terms the bylaws may prescribe
!, The directors shall hold office for yea
from the time of their election and unit
their successors shall be elected and quail
fed. Vacancies in the Board of Director
shall be filled by appointment by the Board
: Any person SO appointed to fill vacancy IL
the Board of Directors shall hold nffice unit
the next annual election and until his sue
4 cessor shall be elected and qualified. NJ
person shall be director who shall not b'
at the time of his election or appointment
the holder of one or more shares of thu
capital stock.
SEC. 2. All elections of directors shall b,
3 by ballot and every stockhoider shall have
, right to vote in person or by proxy thu
l number of shares standing in his name OF
the books of said Company, for many per
} sons as there are directors to be elected, oil
L to, :cumuiate said shares and give one can
2 didate as many votes shall equal tks mum
Der of directors multiplied by the number
of his shares of stock, or to distribute then
on the same principle among many can
didates as he shall see fit. The persons re
ceiving the highest number of votes shalt bi
deemed elected directors.