Holbrook argus., 1901-03-16


Company, to-wit: A. H. Frost, c. II. ,Rippey,
Philip Morse, George H: Ballou, George Y.
May, Ernest RIAL and Clarence Wood. Said
directors. hereby appo nted shall hold office
until the annual election to be held on the
fourth Monday in January, 1902, and until
their successors are elected and qualified.
Said above named persons hereby appointed
directors are not ineligible such because
of not holding any shares of the capital
stock of said Company at the time of their
appointment as such directors; but each of
said directors so appointed shall become
the holder of one more shares of said
capital stock within sixty days from the
date of these Articles of incorporation, or
in default thereof shall cease to be a direc-
! tor whenever, after said sixty days. his de-
| fault continuing, the Board of Directors
shall declare his place vacant for such de-
| fault.
! Sec. L. The assent of stockholders repre-
senting majority of the issued and out
standing shares of the capital stock, given at
any meeting of the stockholders, regular
special, or the written assent of the holders
of two-thirds of the issued and outstanding
shares of the capital stock wheresoever
given shall be effectual to adopt, amend or
repeal bylaws, or to adopt, amend or repeal
rules or regulations for the management of
the affairs of said Company.
Sec. 5. The Board of Directors at any
meeting, regular or special may adopt,
amend or repeal bylaws providing for the
time, place and manner of holding; calling
and conducting annual regular and special
meetings of the stockholders and of the
Board of Directors, the number of stock
holders or directors constituting quorum,
the mode of voting by proxy at stocl1hold-
/ ers' meetings. the time of the annual cleo
ton of directors and the mode and manner
of giving notice thereof, the compensation
and duties of officers. the manner of election
and the terms of Office of all officers other
than the directors, the transfer of the stock
of said Company, and all such other bylaws
and rules and regulations for the govern
ment of said Company and the Board of Di-
4 rectors thereof, the transaction of the busi--
ness of said Company and the management
/ of its affairs, as might could be adopted,
amended or repealed by the stockholders of
said Company; provided, that tine stock
holders. by resolution passed at any stock
holders meeting may amend or repeal any
bylaw, any such rule eorregulation, which
may have been adopted by the Board of Di-
rectors and may revoke in whole or in part
on the Board of Directors to adopt, amend
or repeal bylaws and having revoked Or
abridged such authority may again confer
the same by similar resolution, and may in
/ like manner revoke or abridge Or reconfer
such authority from time to time.
SEC. G, The holders of two-thirds of the
| issued aud outstanding shares OF the capital
stock of said Company shall have power to
sell assign, transfer and convey, lease or
otherwise dispose of all its property, or to
cause the Board of Directors so to do, that
is to say, the Board of Directors shall have
! power and it sh al be their duty, when only
! they authorized and directed by the
/ holders of two-thirds of the issued and out.
| Company evidenced by the duly authenti-
Gated vote of said stockholders at a stock
| holders meeting, or by the written assent or
direction of such stockholders, wherever or
, however given to sell, assign transfer and
convey, or lease or otherwise dispose of all
and singular the estate, assets, effects, lands,
franchises and real and personal property
and rights of whatsoever nature or descrip-
! tion and wheresoever situate, of or belong
| ing to said Company, or which may be or be-
come the property thereof, or to the posses
sion, use or control of which said Company
may be or become entitled, to any person or
persons, or to any other corporation or cor
porations, wheresoever Incorporated or
hereafter to be Incorporated, for such con-
sideration or considerations or rents as
such two-thirds of the stockholders may de-
! ternine upon, whether in money or shares
of stock or other obligation obligations
| other property, and whether by way of con-
solidation with any other corporation or
corporations or otherwise,
SIXTH.
SECTION i. That the highestamount of in
debtedness liability, direct or contin-
gent exclusive of its capital stoclx). to which
said Gomphny is "a at any time to subject d itself Ff
Thousand Dollars In gold coin of the United
States.
SEC q That said Company shall have
power to issue, sell and hypothecate its
bonds for the furtherance of any and all of
the purposes for which said Company is
formed es set forth in these Articles of In
corporation or any amendment or amend
uents which may be made thereto, and to
secure such bonds and other debts and obli-
cations of said Company by mortgages,
trust deeds or pledges of any all of its
property; and shall have power to create. a
siui1in2 fund for the payment of any of its
bonds, debts or obligations,
SEVENTH.
The private property of the stockholders
of said Company is and shall be exempt
IN WITNESS WHEREOF we have here,
unto set Cur hands and seals this 29th day of
January, in the year one thousand, nine
!: }iMEs FHSEsTg E, NAL, NAL, EEsEaE} EssaE}
[U. S. Internal Revenue Stamp, Ten Cents,
duly cancelled on Original,l
TERRITORY OF ARIzoNA,l GO
County of Navajo.i
On this 18th day of January, in the year
one thousand, nine hundred and one "a. d.
Public, in and for the County of Navajo; of
Arizona Territory, duly commissioned and
sworn, personally appeared Ernest Rial and
James G. May to me known to be the per-
sons described in, whose names are sub
scribed to, and who executed, the foregoing
the Bernalillo Oil Company and they ac-
knowledged to me that they executed he
same, freely and voluntarily, for the uses,
purposes and considerations therein mem
TONED and expressed
set my hand and official seal, the day and
'Gsf SEAL Al ''''' 'e''''' FRED Fsr WETaLER. rstTtz
Notary Public in and for the County of Ma
vajo, Territory of Arizona.
[U. S. Internal Revenue Stamp, Ten Cents,
duly Cancelled on original1
TERRITORY OF ARIZONA,
County of Navajo.i
"A. F. McAllister, County Recorder. in
and for the County of Navajo, Territory of
Arizona, do hereby certify that the above
and foregoing Articles of Incorporation are
fled in my Office and of record therein on
the 18th day of january, A. d. 1901. in Vel. l,
page -. of Articles of Incorporation and
have compared the same with original and
lind thesame a correct copy and of the
whole thereof.
Witness my hand and official seal this 2sth
day of January, 1901.
i [6EALl A. f. MCALLISTER,
County Recorder.