Holbrook argus. (Holbrook, Ariz.) 1900-1913, 1901-08-24
ARTICLES OF INCORPORATION
OF THE
Great Western Oil Company.
KNOW ALL MEN BY THESE PRESENTS:

KNOW ALL MEN BY THESE PRESENTS:
That We the undersigned have this day
voluntarily associate ourselves together for
the purpose 5f f2 rri9grT nd we
do hereby adopt the following Articles of In
corporation:
FIRST
That the names of the incorporatorS of said I
company are james c. May and L. l.. Henry.
That the name of said corporation is and
shall be
GREAT WESTERN OIL COMPANY.
That the principal place of business of said !
company is and shall be Holbrook, in the
county of Navajo i'll the Territory of Arizo- /
ma. But the directors of said company may /
from time to time establish and maintain |
offices for thu transaction of business in such /
other places within or without the territory |
as they may deem proper, and the same
change or discontinue at pleasure. and meet
ings of the Board of Directors of said com
pany both regular and special may be held
outside of the limits of the Territory of Ari-
iona.
SECOND.
The general nature of the business proposed
to be transacted by said company is the acqUi-
sition of lands III the county of Navajo and any
other counties in the Territory of Arizona,
and in the county of Mckinley and any other
counties in the Territory of New Mex
leo, and in the State of California and in any
other state territory of the United States,
or otherwise and the prospecting tor, and
developing in, such lands and producing and
"a.
and oil of all kinds, natural gas asphaitum,
coal and other mineral substances; the pur-
chase, lease or other acquisition cOnstruc
ton of, and the Equipment and operation of,
boring and drilling plants and apparatus. tanks
and Otherre>ervoirs. pipe lines and otter con-
duits. retiner1eS- dlstlllerieS and other manu-
factories, sheds, warehouses and other build
iugs and structures apparatus and appliances,
railways and tramwnys electric light and
power plants and systems electric wires and
telephone lines for the puri o of mining,
producing. storing, transporting, refining, dis
otherwise treating and U
and uisposing OF. oil and other mineral sub
stances for said company or for other per-
sons; the selling, mOrtgagin ing, Subletting. leaS
ing 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 in oil of all kinds; the building or
otherwise acquiring owning, carrying on, and
conducting, of hotels, stores and shops; deal
ing in all sorts of goods, wares and merchan-
disc. and carrying on all kinds ofmechanical
trades; the CARRYING on of agriculture in any or
all branches; the doing and transaction of any
business o thing which may be beneficial, use
full or CONVENIENT to or for the carry ing out of
any of the purposes above mentioned; and
the acquisition, sale or pledge Of and disposng
in any manner of. shares of stock ia. or bonds
or other obligations or securities of any OF her
corporation or corporations for Whatever pur-
pose, or wheresoever- tne same may have
been, or may be- Incorporated
THIRD.
That the amount of the capital stock is and
shall be One Million Dollars, divided into ten
million shares. of the par value OF ten cents
each, which may b. paid in at once or from
dire tors of said company, or by the convey
ance, transfer or delivery to said company of
property which may be purchased by said
company, or by the rendition of services or
perform nee of labor for said company, or by
the satisfaction and discharge of any Obiga.
lion or Obligations which may be incurred by
said company, or in any other lawful manner
which may be determined upon by the direct
ors of said company. All shares OF stock when
issued shall be fully paid, and the same shall
be forever worcestershire.
FOURTH
The time of the commencement of said cor
poratiOn shall be tne date of the filing of these
Articles of Incorporation i'll the office OF the
County Recorder of The County of Navajo, il
the Territory of Arizona. and the time of the
termination thereof shall be twenty-five yeIrs
from and after the date of such filing.
FIFTH.
Section !. The officers 10y whom the afr Mrs o
said company are to be conducted IRE and shall
he five directors. who shall be annually elected
upon the second Monday of August; provided
that the date of such annual election may bS
changed from time To time by bylaw of sale
company. There shall also be II President,
Vice President, Treasurer, General Mana
ger and Secretary. of said company, ant
such other officers as may be provided for by
Bylaw, all OF whom shall be elected or APP
pointed i'll such manner and at such times anC
for such terms AS the bylaws may prescribe
The directors shall hold office for one year from
the time OF their election, and until their sue
cessors shall be elected and qualified. Vaean
cies i'll the Board Of Directors shall be flet
by appointment by The o3rd Any person $,
appointed to NIL vacancy in the Board q
Directors shall mold Office until the next an
nual election and until his successor shall b.
elected and qualified. No person shall be
director who shall not be at the time of nj
election or appo. ntment the holder of one o.
more shares of the capital stock.
Section =. All elections of directors shall b
by ballot, and every stakeholder shall have tn
right to vote in person or by proxy the nun
berol shares standing IN his name on the book
of said company. for as many persons MS Their
are directors to be elected, or to cumulate sal
shares and give one candidate many vote
shall equal the number of directors multi
piled by the number of his shares of stock q
10 distribute them on the principle anon
us many candidates us he shall see ht Tn
persons receiving the highest number of vote
shall be deemed elected directors.
Section 3. The following named persons ar
hereby appoint, and are directors of sal
company. to-wit: J. c. May, c. o. McCarrol
NJ. Rgley, Z. II. Thomas, and L. l.. Henry
Said directors hereby appointed may hold
meeting for organization ut Gallup, New Mel
icI, as soon after the execution of these art
c.es Il majority of Said directors may b
present mt said Gallup; and they shall hol
Office until the annual election to be held o
the second Monday IN August, 1872, and unit
their SUCCESSORS are elect d and qualified Sal
above named persons hereby appointed d
rectors not ineligible such because
not holdins. any shares of the capital stock {
said company at tine time of their appOin
III mt as such directors; but each of said d
recto1s appointed shall become the holdC
OF one or more shares of said capital stoc
within sixty days from the date OF these Arr
Giles of Incorporation. or in default theret
shall cease to be Il director whenever. aft
said SIXTY days his default continuing, IL
Board Of Directors shall declare his place V
cant for such default
Section + The assent of stockholders repr
sentrg majority of the issued and utstitn
ing shares of the capital stock, given at al
meeting of the stockholders, regular or speci;
or the written assent of the holders of tw
thirds Of the issued and outstanding shares
the capital stock wheresOever given. shall
effectual to adopt amend or repeal bylaws,
TO adopt. amend or repeal rules or regulatio
for the management of the Affairs OF said col
pany-
Section >. The Board of Directors ut Il
afuI ementiOned meeting for organization
at any meeting of the board, regular 81
eal, and from time to time, may adopt, amel
or repeal bylaws providing for the time plit
and mauRer of holding. calling and condu
ing annual, 2ular and special, meetings
the stockholders and of the Board OF Directo
the number of stockholders or directors &C
shutting quorum, the mode OF voting
proxy at stockholders meetings, the time
the annual election of directors and the mo
and manner OF giving notice thereof. tn co
pensation and duties of officers the manner
election and the terms of office OF all offic,
other than the directors, the transfer of
stock of said company, aad all such other
laws and rules and regulations for the COVE
ment of said company and of the Board of