Holbrook argus., 1901-09-07

-srluntarIiy associate ourselves together tor /
the purpose of forming corporation under !
the laws of the Territory OF Arizona; ana we /
do hereby adopt the following Articles Of IN
corporation:
FIRST.
That the names of the incorporators of said
Company are DANES G. 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 !
county of Navajo, in the Territory of Arilo- /
But the directors of said company may /
from time to time establish and maintain |
Offices for thu transaction Of business in such I
other places within or without tie territory /
As they may deem proper, and the same
change or discontinue ut pleasure and meet
ings Of the Board of Directors of said COM /
pauy. both regular and special, may be held !
outside Of the limits Of the Territory of Ari- !
Icna.
SECOND.
The general nature Of tie. business proposed
to be- transacted by seid company is the acQUi-
Sitiou of lands III the county of Navajo and any
other counties in the Territory Of Arizona,
md in the county Of Mckinley and any other
counties in the Territory of New Mex
ico. and in the State of California and in any
n1hcr state or territory of the United States,
by purchase, lease, location, appropriation
or otherwise, and the prospecting Tor. and
deve. opina in. such lands and producing and
saving therefrom, petroleum, nalHha.
and oil of all kinds, natural gas, Qspbaltun.
coal and other mineral substances; the pur-
lsdSt OF OlItT acquisition or cOIlStfuc-
tlpu or ana the equipment and operation OF,
Boring and drilling plants and apparatus tanks
and other Servoirs. pipe lines and otter con
dultS. fennefles. ul>tliiereS and ether manu-
factories, sheds, warehouses and other build
lngs ana structures apparatus and appliances,
railways ana tramways, electric light and
power plants and systems oil electric wires and
telephone lines. for the purposes of mining.
producing. storing. transporting, refining. dis
tiiling or otherwise treating and marketing
and dispOsing OF. oil ana other mineral sub
stances for said company or fOf other per
SONS; the selling Inortga3ing, subietting. lcHs-
ing or otherwise discussing. Of ali Urany part OF
any lands acquired Tor the purposes above mem /
81 med or otherwise; the buying, selling and !
ucaHng i'll oil OF all kinds: he building or !
otherwise acquiring. owning, carrying on. and /
conducting, of hotels, stores and shops: dual-4
ing in all sorts of goods, wares and mcrchar-
disc. and carrying on all kinds of mechanical |
trades; the carving on of az Tict!lture in any or
nil branches; the d,ing and fransicdon OF any |
busines5 o thing which may be beneficial, usC-
ful or Convenient u OF fbr the carry M Out o. /
any OF the purposes above mentioned; and |
t6a acquisition, sale or pledge OF, and disposing
III ANY manner o. shurts OF slOck j, or bonds
or OF hcr Chi CATIONS 90 securities Of. any other Z
[ Orporati"n 90 corporations Tor Whatever pur-
pose, or WlercsOcvrr. the same may have
been, OF may be, incorporated.
TiIIRD.
That the amount uf thu capital stock is and |
shall he Onc MltiIUu Dollar. divided IutU ten I
lui.t1n shares uf taa par value OF TIA cents /
each, which may h. paid in ag once from /
tInc 10 tI;ne. ami ia cash called for by the
directOrs Of sud com pauy. or by the convey
3hCG, transfer or delivery 10 SAID company OF
property which may be purchased by said
company, or by the rendition u services or
perform nee Of iunor for said company, or by
the satisfaction AID discharge ot any obHga-
tion or Obligations which may he incurred by
sad company, or i'll any o,hcr lawful manner
which NAV be determined upon by the direct
prs OF said company. a shares OF stock when
issued sha be fully paid, ana the same shall
be fUr>vcr non asscssIhie.
FOURTH
The time Of he commencement of sail cor
shall he IDtp fDa filipT nj
Articles Gf Incorporation il he office OF the
Com Recorder of he County of Navajo, in
tuo lerrItory Of Arizona. and the time of the
termination thereof shall DO tweni y-five years
from and after the date OF such filing,
FIFTH.
Section (. The officers uy whom the aft ,irs OF
raid company are 10 lie conducted are and shall
be i've directors, who >hai! be Annually elected
upon the second Monday OF august; provided,
that the uut= Of Sucn annual election may bc
changed from time 10 time 10y by law Of said
company. There shall also be :; President. a
vice President. u Treasurer. General Ninn;i-
Ger mud a St crctnry OF suid company and
such other officers as may he provided for by
bylaw, all Of whom shall be elected or APP
pointed ia such mdnn,r auG at such times, and
for such terms as the bylaws may prescribe
The directors shall hold office for one cal from
the time of their election. and until their sue
cessOrs shall. be elected and qualified. Yacan-
cIes in the Board of Directors shall be filed
by appointment by the bOurl. ANY person so.
appointed to oil Il vacaECy in the Board of
Directors shall mold office until the next an
elected and qualified. No person slial! Ue a
director who shall not be at the time Of his
election or apo ntmelt the holder OF one or
more shares of the capital stock.
Section =. All elections of directors shall be
- ny ballot, ana every StockhOlder shall! have the
right 70 VUte i'll person or by PROXY the num-
berof shares standing in his name ON the books
Ufsaid company, for as many persons as there
are directors 70 be elected, or Jo cunuatC said
s.Inres and give one candidate as many votes
as shall equal the number of directors multi
piled by tie number ~ his shares Of stock, or
to distribute them On the sa,I principle among
as many candidates as he shall see fit The
persons receiving the highest number OF votes
SHAH be deemed elected directors
Section 3. The following named persons are
hereby appoint and are directors of said
company. tU-wit: J. G. May, G. o. McCarrul,
NJ. RiVley, L. H. Thomas, and L. l.. Henry
Said directors hereby apE ointed may hold Il
meeting, for Organization at Gallup New Mex.
ic ,, as soon after thr execution of these art.
cies as Il majority of said directors may be
pr sent at said Gallup; and they shall hold
the second Monday III August, 1872 and until
their successors are elected aud qualified. said
above named persons hereby appointed iii
rectorS are not ineligible az such because OF
not holding any shares Of the capital stock Of
sIid company ii the time of their appoint
m mt as such directors; but each of said dt
rectofs 80 appointed shall become the hpldei
>spf .lttc or more shares of said capital stock
within sixty days from the date Of these Arti
elcs of Incorporation, or in default Thereof
shall cease u be 4 director whenever. after
said siVty days. his default continuing, the
cant for sucn default.
Section The assent Of stockholders repre-
scutips majority Ot the issued aud outStstnd
lug shares Of the capital stock given any
meeting OF the stOckho dcrS, regular or special
or the written assent OF the holders Uf two
thirds pf the .ssued and outstanding shares o.
the capital STOCK whcrrsurytr given. shall hi
eff .ctu.d % adopt, amend or repeal bylaws, O
to adopt. amend OF repeal rules or rcEuEtti0u
for tiI- management Of the al ilrs OF said com
puuy.
sec ioa :. TIC aoa-d of Directors ~ tb
aforementioned meeting for Or;GtuIZltIuU. .
uf ANY ults.tiag OF the board. regular or 9pc
i.iul. aud from time go time, may atiupt, amen
rr repeat ty-,oWe providing iorriie unv, plac
and iuIA.c Of holding. calling and cOnduc'
iux auUuIl, regular and special meetings q
tnc stakeholder and OF tn 3 ard ot Directors
iar number OF stoCknoilcr, or directors con
sruutiuX Il quorum, the mode OF voting b.
ur0xy at Stuckhul'iur=' meetings, the lime q
tia. .tHuuui lion OF directors ana the mod
and nHuuer OF giving notice tbcraof. tn COnl
py.'isp ton AN duties OF officers, the n.upBcr q
election and tn terms Of Oii'c uf vi officer
other han tn directors, the transfer 81 IN
stock Of said company, a u ali snl:L other hS
Jaws aud rules aud regulations for .hc govern
mGut 81 said con- puuy and Oi She Board of ID
rector thereof. the transaction of the Dusin :
Of scid company and the ~ iHs=em0ut Of K
AY4trs. rs IN iuf@ or CodlI Id Adopted, itirEndeI
ar rem .s.i-i hF the -tsckhplIer- ~ said cO1
j,ruy: pr.vid8F. tnitthc STOCKHOLDERS. 10y res
t.1 : los in