Arizona daily citizen., 1901-01-30

Know all men by these presents that we, the
poration under Chapter .. Title u, OF the Re
vised Statutes of the Territory OF Arizona tc
transact the business hereinafter mentioned
do adopt the following articles OF incorPora-
uOn
The names of the ucorporators are W X
Jenkines. Edward II. Adams, E. K Bailey, W
H. Christmas and Guy H Salisbury.
Second.
The name of the corporation is "Pajaro Val
ley Oil Company and the principal place for
transacting business shall be at Tucson, in the
county OF Pima and Territory OF Arizona, but
the corporation proposes to carry on business
in the counties OF Santa Clara, San Benito,
Santa Cruz and Monterey, in the state of Cali
f0rnis and at such other place or places in said
state and i'll the other states or territories O!
the United States as may be found necessary
fhe corporation VIII have a main Office and Il
stock transfer Office at San Jose in the state
ofCalifornia.
Third
The general nature OF the business proposed
to be transacted is drilling for and developing
oil, asphaltam and other mineral TRANSPORTING
and refining oils or otherwise preparing the
same for market, and to acquire, purchase,
hold. improve, work and operate, sell and con-
vey oil wells, oil and m raj lands, and to
erect all nect ssary machinery and buildings
to procure or purchase water and water rights !;
to construct bitches, fumes pipe lines to
convey water for the use of said company; to
issue, sell and convey stock, bonds or mort
cages; to purchase, acquire, hold, or sell and
convey real estate or personal property OF
whatever kind. and to do all things necessary
TO carry on the business OF the company.
Fourth.
The amount of capital stock authorized is
five hundred thousand dollars divided into
five hundred thousand shares t500,0O0l of the
par value OF one dollar each, fully paid up and
forever worcestershire.
Fifth.
Al.
third day of February A. d. 1861 and will ter
inmate in fifty years from that date.
Sixth.
The affairs OF this corporation will be con-
Quoted by board OF directors consisting OF
five persons, including the president, vice-pre-
tion of the board of directors, an assistant Sc.
eretary, an assistant treasurer and an execu-
held annually on the first Monday In February,
and election OF officers at the first meeting OF
the board of directors thereafter.
Seventh.
That the directors who are appointed for the
first year are: w. X. yenkines, Edward
H. Salisbury all OF the city of San Jose, Cali
fornia.
Eighth.
The highest amount Of indebtedness or lia-
bility to which this corporation shall subject
Itself is two hundred and fifty thousand dol
lars ts250I0cO.
Ninth.
Private property OF the members OF this cor
poration shall be exempt from corporate debts.
Tenth.
Among the powers OF this corporate body
shall be. Ito have perpetual succession. q
To sue and be sued by its corporate name. 3
To have a common seal and alter the same at
pleasure. ITO render the shares or interest
of stock holders transferable, and prescribe The
mode of making such transfers. 5-To exempt
the private property OF member from liability
for corporate debts, which is hereby done. c.
To make contracts, acquire and transfer pro-
perty, pOsse sing the powers in such respects as
private individuals now enjoy. ITO establish
bylaws and make rules and regulations deem
ed expedient for the management OF their
affairs, not inconsistent with the constitution
and laws Of the United States and the Territory
Of Arizona.
Eleventh.
These articles OF Incorporation may be alter
ed and amended by a two-thirds vote OF all
stock holders OF this corporation, at any regular
meeting of said stockholders. or any special
meeting expressly called for that purpose, and
the same shall be filed with the county recor
der of said Pima county and printed as requir.
ed by law.
In witness whereof, we have hereunto set
our hands and seals this l4th day of January