Arizona republican., 1901-05-18

fhNHH On/SW6HI SNsWsI GESssSsksos gaseous and volatile substances; to carry on the business of boring and constructing wells and prospecting for and acquiring, owning, buying and sell ing, handling and dealing in natural gas, petroleum, asphaltum, minerals, coal oil or other oils, gaseous or vola- tile substances. and, generally to deal in crude and refined petroleum and its kindred substances: to construct, buy and own oil tanks and pipe lines, and all necessary appliances necessary thereto for storage. sale or delivery of such oils and other products and sub stances above mentioned; to acquire the ownership, possession and right, title and interest of, in and to oil lands and mineral lands, and other lands and real estate by location, purchase, bond or leace of same and otherwise, and the disposal of same by sale, lease or bond or otherwise: the development of lands and property by sinking wells and shafts and otherwise. and by driv- ing of tunnels and drifts. and the erec- tion of buildings. hoists. ware houses, factories, furnaces. refin- cries. engines, machinery, power houses, and mills and other struc- lures necessary to the proper con- duct of the business of the corporation; the acquiring and construction of trans. tramways and other roads, and pipes, pipe lines. fumes. ditches. and every other thing necessary to the proper conduct of the business of the corporation; the buying and selling of merchandise, oils, minerals, metals, timber lumber and agricultural pro- auctions: the production and genera ton of steam. electricity. gas and other agencies and means of lighting, heating and motive power. and the using. sell ing. renting. leasing, bonding and oth- erwise disposing of the same; the re- flning of oils; to buy and acquire by appropriation or diversion. lease, renr. own possess and sell water. water rights and easements therefor and to supply the same directly or indirectly as power for the purpose of generat- ing electricity or ether motive power in the operation and management of any branch of business of the company; to construct. complete. own. possess. run. buy and sell, water. ditchea canals. aqueducts, fumes and pipe lines; to enter into any obligation or contract pertaining to the business. of said Company. and, generally. to do and perform any and all acts and things necessary or proper for the car rying out or affecting any or all of the above mentioned purposes.
 Third: That the amount of the cap ital stock of said corporation is and shall be Four Hundred and Fifty Thou sand dollars (s450.000); that the number of shares irto which it Is and :hall be divided is Four Hundred and Fifty Thousand (450000) of the par value of One Dollar (s1.00) each; and that said capital stock shall be paid in at such times and in such manner and upon such conditions as the Board of Directors of said corporation shall from time to time determine and authorize.
 Fourth: That the term for which said corporation is to exist is twenty five (25) years from and after the date of ita incorporation.
 Fifth: That the business and affairs of said corporation shall be managed and controlled and are to be conducted by a board of five (D Directors. who stockholders of saii corporation to be held on the first Tuesday in May of each year. and shall hold office and serve for one year from and after the date of their said election, and until the election of their successors.
 sixth: That the highest amount of indebtedness pr liability to which the said corporation is at any time to sub feet itself is at no time to exceed the sum of Two Thousand Dollars (s2,- 0O0.00).
 Seventh: Among the powers of this corporate body shall be: 1. To have perpetual succession. ?. To sue and be sued by it's corporate namc. 2. To have common seal 4. To render the shares of interest of stockholders transferable. and prescribe the mode of making such transfers .. To exempt the private property of members from liability for corporate debts, which Is hereby done. 6. To make contracts acquire and transfer property. possessing the pow CTS in such respects as private individ- uals now enjoy. {. To establish by laws and make rules and regulations deemed expedient for the management of their affairs, not inconsistent with i the constitution and laws of the United States and the Territory of Arizona | s. These Articles of Incorporation may be altered and amended by two- | thirds vote of all stockholders of this corporation, at any regular meeting of said stockholders. or any special meet | ing expressly called for that purpose and the same shall be filed with the County Recorder of Maricopa County as required by law.
 | Eight That the private property of the stockholders of said corporation is to be exempt from any and all liability for corporate debts of said corporation
 In witness whereof we have here unto set our hands and seals this 4tf day of May A. D. 1901.
 w. c. CARPENTER. (Seal.,
 c. J. RAIDER. Seal. | II. l.. SHERWOOD. (Seal. CHARLES R. MERRIAM. (Seal. | RICHARD J. CLINE. (Seal.
 Signed and sealed in the presence o
 R. B. Treat.
 State of California, City and County O | San Fro poicon cc.