Holbrook argus. (Holbrook, Ariz.) 1900-1913, 1901-08-10
ARTICLES OF INCORPORATION
Or THE
New England Crude Oil Com.
pany.

KNOW ALL MEN BY THESE PRESENTS;
That We the undersigned, have this day
voluntarily associated ourselves together for
the purpose Of forming corporation under
the laws of the Territory OF Arizona; and
we do hereby adopt the following Articles OF
incorporation.
FIRST
That the names of the incorporators of
said company are James c. May and l.. L.
That the name of said corporations is and .
shall be
NEW ENGLAND CRUDE OIL COMPANY.
That the. principal place of business of said /
company is AMI shall be Holbroob, III the ;
County of Navajo, in the Territory of Ari- /
IONA. But the directors OF said company !
may from time to time establish and main !
tain Offices for the transaction of business IL
s;Ich other places with or without the Ter /
ritory as they may deem proper, and the
same change or discontinued at pleasure, /
and meetings of the Board OF Directors OF
said Company, both regul lar and special, may
ne 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
tory OF Arizona and in the County of Bernal-
lilo and any other counties i'll the Territory of
I New Mexico, and in the state of California,
and in any other State or Territory of the
United States, by purchase, lease. location
I APPROXIMATION or otherwise, and the pros
/ peetiIlg for and developing in, such lands
and producing and saving thcrefrom petro-
/ leum, naptha, and oil of all kinds, natural
gas asphait.,m, coal and other mineral sub
stances; the purchase, lease or other acqui-
/ SitiOn ar construction OF and the equipment
/ alid operation OF boring and drilling plants
/ ami apparatus, tanks and other reservoirs,
pipe lines and other cCnduitS retinsrieS, dis
tilleries and other manufactures, sheds,
+ warehouses and other buildi ngs and struct-
tifes apparatus ana pi'iiahces railways anu
( tramways, electric light and power plants
and systems of electric wires and telephone
lines, for the pui pose OF mining producing,
storing transporting. refining, disulling or
otherwise treating and marketing and dis
posing OF oil and other mineral substances
for said company or for other persons: the
selling, mortgag; ng, subletting, leasing or
otherwise disposing of, all or any part of any
lands acquired for the purposes Gbove-nen-
, toned or otherwise; the buying, selling and
dealing in oil of ali kinds: the building or
g.. and conducting of hotels stores and shops;
dealing i'll ali sorts of goods, wares and mer-
chandise, and carrying on all kinds of me-
5 chanical trades; the carrying on of agricul.
ture in any or all branches; the doing and
transacting of any business or thing which
may be beneficial, useful or convenient to or
for carrying ont any of the purposes above
mentioned; and the acquisition. sale OF
pledge of, and dispOsing in any manner of
shares of stock III. bonds other obliga-
ton or security of, any other corporation OF
e3rporations for whateyer , purpose s o,
. may he, Incorporated.
D THIRD.
: That the amount of capital stock is ana
!, shall be Five Million Dollars, divided into tive
Q per share. which shall be paid III at once, OF
J. from time to time, and III cash, called fol
:, by the directors Of said company or by thu
/ conveyance, transfer Or delivery to said com
pany of property which may be purchased ID!
? said company, or by thc rendition of service
:, or performance of labor for said company
II or by the satisfaction and discharge of an.
obligation or obligations which may be in
Y fll manner Wfipl he determined uDOl
BY the directors of said company.
All shares of stock when issued shall b
fully paid and the same shall be forever non
asseSsabie
FOURTH.
> The time of the commencement of said cor
J. poration shall be the date of the filing c
these Articles of incorporation in the otnc
S. OF the County Recorder OF the County c
- I Navajo in the Territory of Arizona, and tn
q time OF the termination thereof shall b
T. twenty-five years from and after the date {
such Ii ing.
II FIFTH.
i. Section l. The officers by whom the affair
~ of said company are to be conducted are an
. shall be fifteen directors, who shall be ann
U ally elected upon the fourth Monday of July
! provided, that the date of such annual elet
t ton may be changed from time to time b
"a bylaw of said company.
There shall also be President, a Vic,
Ii President. Treasurer. General Manage
Z, and 4 Secretary of said company, and sue
>, other officers as may be provided for by b.
l law all of whom shall be elected or appoin
ID ed III such manner aud at such times, and f.
such terms as the bylaws may prescrib
al The directors shall hold office for yet
g from the time of their election and unit
> their successors shall be elected and quail
fled. Vacancies in the Board of Directo
shall be filled by appointment by the boar
Any person SO appointed to ill a vacancy
the Board of Directors shall hold office unit
the next annual election and until his su
cessor shall be elected and qualified. No pc
son shall be Il director who shall not be at Il
time of ltS election APPOINTMENT the hOl
er OF one or more shares of the capital stoc
Section2 ?. All elections of directors sht
80 be by ballot and every stakeholder shi
re have the right to vote ia person or by pro-
C the number of shares standing in his nan
- on the books of said company, for Nal
IN persons as there directors to be electe
- or to cumulate said shares and give ca
y didate many votes shall equal the nUI
pc Der of directors multiplied by the number
his shares of stock, OF to distribute them
I'd the same, principle among rs many cant
=. dates as he shall see Mt.
IL The persons resolving the highest numb
III CT votes shall be deemed elected directors.
at Seetion 3. The following named perso
80 are hereby appointed and are directors
T, said company, to-wit: E. H. Brock. Bosto
n Mass; Dir. 5, i. Davis, Orleans, Mass: DAM
= I. Clark, MONTPELIER: VT; DR.. r. P. NJ. Am,
~ port, Mass. Elmer L. Jones' Enfield n +
10 W. Ii. Graves, Marblehead, Mass; W. E.
GO Swan Stough:on. Mass; Jas. r. Simpso
Lawrence, Mass; Jas. D. Simmons Ware
It. Il. L; VIM. L. DewsoIi, Boston, Mass; DR.. j.
~. Leet. Enfield, \: H.: Thresher A Rip:;t
Il Quincy, Mass; Christopher A. Pierce, Prov
EN- dence, r.. l.; and James c. May, Winga
New Mexico. Said directors hereby Il
eS pointed shall hold Office until the annu
ac election to be held on the fourth Monday
SS July, 1892, and until their successors II
,e elected and qualified.
- Said above named persons hereby Il
II pointed directors are not ineligible as sii
he because of not holding any shares OF the ca
ital stock of said company at the time OF tht
ce appointment such directors; but each
ad said directors 50 appointed shall become t
GU holder of one or more shares of said capt
is stock within sixty days from the date of tho
Articles OF incorporation, or in defaI
II thereof shall cease to be director whenevt
1,a after said sixty days, his default continui1
liz the Board of Directors shall declare his pia
lrl vacant for such default.
Ia. Section /. The assent of stockholders RI
resenting ma iOrity of he issued and on