Arizona daily citizen. (Tucson, Ariz. Territory [i.e. Ariz.]) 1884-1901, 1901-02-08
Articles Of Incorporation OF The
MeKeruan OIL COmnauy.

Toe Undersigned Ph'up Habu, W. r. Tho
55'I yon.s end r. E M"1f 3 ~ Ssses
ciate ourselves "a. her kud adopt the follow
ing Arucles m 1nco. poraiion, Tor the puroose
o: 20 mi1g COZ porafion under The laws Ca the
Article /. The name OF this corporation
shall be McKernsu Oil Company, and the
prine pal place for traesaeting It's business
shall be Al Tucson, Pima County, Territory of
Arizona. but the corporation proposes to carry
on business in the State OF Cafiiorn,a, and viii
have an office at Los Angeles in the State Of
Article II. That the purposes for which this
corporation is formed are Ito drill or, and
develop oil, asDhsltum, a0d other mipersl;
to trans port auu refine o., or otherwise 7. e.
pare the same LOT market; 10 acquire, pur-
chase, hi Id, improve, wo TX aud operate, sell
and con Fey oil wells, OF. mae ainery, oil and
mineral lands, and 10 erect ell necessary build
ings and machinery necessai v for said MIR
poses; to ~ ocue, locate, spd purchase water
and water rign y; TO locate unuer the laws OF
California, Arizona and he United States.
| placer and lode mining claims; 10 con rsGt
bitches, fumes or piue-ines; 10 issue. sci. and
! convey sock, Donns and mortgages; TO pur-
| chase, acquire, notd and convey real and nei-
| soual property. 10 ,srm ana ep1i'ete any
| ianas af4 aired By the tot poratiuu, anu gen
orally to do all Things necessary to carly on
Article III. The am9u ut of capital stock au-
| thoIized to be issued 10 five nunared thousand
| shares OF the par value nj one dollar each, and
| when issued snail be forever non Rssessa Die.
! Ar'ieIe w. The time of the commencement
OF this corr o. alton shall be the date these az
| ticles are MED vito the County RECORDER OF
the said County OF Pima. This oofatI3n
| shall exist twenty-five wears from Its COM
| menceme ut.
Article V. The affairs OF This corporation
| SHALL be nond acted by board OF dirs'.tcrs
| cemposed OF seven Stockholders, 10 he first
elecled gu the ist Monday of January 1902 ana
until suca election Philip Hahn.W. &. Thomas,
| p. Fl. McKernen. G. R. Monr, Al. X. Young,
Fred L. Boruf and s. d. Graves shall be suen
| directors,
Article VI. The highest amount of indeb.ed.
| ness TO which this eofpOrs'iop shall subject it,
| se.f shall be Ten rhodssnd dollars.
| Article VII The private property OF the
oekhol 3ers OF this corporation shall be ex-
emp' from liability for the or poFate debts.
Article WIN. These articles of Incot po.st!cn
| may be amended by two third vote OF
the stock holders of this corporation ct
any regular meeting OF me oekhnlders or
any SPECIAL meeting called for that put pose,
and the amendments shall be fled with, the
| CouD.y Recorder OF said Comfy of Pima, sod
| printed as reqntied by law.
| Article TX. That the directors of this corpo-
ration may sdort oy laws Tor this corporation
| al their NEE .in:. Electors or directors and
| stockholders meeting tsfhnat) shall ne held
yearly on the fist Monday in Jsnuary OF each
year.
In witness whereof we have hereunto set our
| hands and seal this 10th day OF January, 1901,
| n Duplicate,