Arizona daily citizen. (Tucson, Ariz. Territory [i.e. Ariz.]) 1884-1901, 1901-03-18
Articles of Incorporation OF the Chico
Commercial Oil Company.

NOV ALL MEN BY THESE PRESENTS.
That We, the undersigned, all of whom are
citizens and residents OF the state of
United States of America, under and BY virtue
OF the provisions OF the laws of the territory OF
each for himself. and not one for the other
That we have this day voluntarily associated
ourselves together for the purpose Of forming
eorporation; and that we will, and by these
presents do form ourselves into a body polite
and corporate under and by virtue of the laws
OF the territory OF Arizona and we do further
certify and declare;
First: That the name of the said CORPORATION
shall be and is the "Chico Commercial Oil
Company" and that the names of the ineorpor.
stors are Thos. Biekneil, AL Abraham, j. A.
Tnos n. Crew. and its principal place of bust
ness shall be Tucson. Pima county, Arizona and
Chico, Butte county, California.
Second: That the purposes for which said
corporation Is formed are within the territory
of Arizona and the state OF California 10 hold
own and lease real and personal property, and
70 acquire the same by location, purchase,
mesn 81 as b 70 I0F by such
pedient, oil, oil products, bitumen, bituminous
rock. natural gas gold. silver, copper, coal aud
other precious metals and for that purpose to
locate own hold, acquire lease or construct
fumes, bitches and pipe line, for carrying and
conveying oil, water and gas, and alsoto locate,
claims and privileges. To erect nod. own and
maintain tanks, tank houses, and storage
plants for oil, gas and other producs- To con-
III
tric power plants, high and low tension trans
mission lines, and to sell, lease and dispose OF
Ell. etrfe current, 10 erect pole lines, trsmwsys
roads, bridges, fumes, aqneducts; to deal in ali
OF said commodities and business and TO sell
hypotecate, buy and pledge the same. and gen.
orally TO do all and every needful or convenient
tnlng or act that may De connected in or about
| said business Of producing. buying and selling
Oil, coal, bitumen, bitaminous rock, precious
metals OF all kinds,-water water bitches hu-
mes, pipes and electric power, telephone lines
INSTRUMENTS. telegram
ments and everything that may pertain to said
business; To borrow and lend money, to give
issue bonds and to provide for the payment OF
the same with interest, and to secure the pay
ment OF the same by mortgage deed of trust or
other instrument or instruments.
Third; That the amount Of the capital STOCK
OF said corporation is five hundred thousand
1880 0OU.00l dollars, and the number of shares
| Is five hundred thousand (5O0,oO0) of the par
value of one dollar each.
That said capital stock is to be paid in By the
subscribers in monthly payments OF ten pe r
| cent each commencing with the date OF sub
| scription.
Fourth: That said corporation to commence
from the date of filing these articles with the
county recoruer OF Pima county, "A rizona, and is
70 expire unless extended, twenty years
from said date. r
Fl tn: The affairs OF the corporation are 10
be eonducte by board OF directors, cons :.
ing OF seven persons. The officers OF the cor
| poration shall be president, vice president,
see etary and treasurer. The board of direc.
tors shall be elected annually, on the frst Mon.
day in April in each year. and the officers are
| to be chosen by the board OF directors from
their own number.
The director who will serve until the first
Monday in April 1902 are Thos BickneIl, All
| Daily, w. J. Costar and Thos n, Crew.
Sixth: The greatest amount of Indebtedness
| or liability to which the corporation may at
any time subject itself, shall not exceed thirty
1901 per cent Of its subscribed capital stock
seventh: The private property of the incor-
porators, stockholders shall not be liable for
the debts of the corporation.
In witness whereof. we have hereunto set our
hands and seals this 14th day of March A. D. :,
1901.