Arizona republican., 1901-03-05

First: That the name of the corpora tion shall be The Green Valley oil Com. pany.
 Second: That the purposes of the company are.
 (a) To buy and other wise acquire. to hold and own, manage, operate. im- prcwe and develope lands, mining claims, mineral rights. oil wells. and other real estate, and interests and rights in any said properties.
 tb) To engage in and carry on the business of boring and explori~ ., producing. refining. distilling [ -a.ing. manufacturing, piping. cr"- .ng. ham ding. storing, dealing h, buying and selling oils. petroleum ..atural gas, as- phaltum. bitumsr, bltuminous rock and other mine al and hydrocarbon substances. anu products of all such substances; and for such purposes to buy and Jnerwise acquire, hold. own, manage, and operate refneries pipe lines. tanks. manufactures, machinery wharves. tank cars, and steam and sailing ves els for wat r ta a7spsrtatlon, and other work, property and appi- ances that Ta'' he incident or auxili- ary to sail business or tIat may be deemed necessary or convenient by the Board of Directors.
 Co Also to take and acquire by purchase. exchange. or other lawful mcdes. and to own hold. sell and other wise dispose of the capital stock and bonds of other corporations.
 (d) Also to establish and carry on agencies. offices. storage tanks and houses. and to sell articles and prod- ucts manufactured by itself or other persons or corporations. in California and other States and Territories of the United States of America and in for eign countries.
 Third: The principal place of busi- ness of said corporation shall be at Phoenix. Mar.copa county. Territory of of Arizona, and the places outside of said Territory where 1t may keep branch offices and transact it's business and conduct its affairs shall be San Francisco California. and any other place or places in said State or other States. country or Territory which shall be selected by a two-t thirds (2-9 NOktS tl anu any DldCe chosen by said stockholders at which q branch office shall be conducted shall be deemed part of these Articles the same as If specifically set forth herein.
 Fourth: That the amount of capital stock authorized is $500. .O00, and the number of shares into which it is divid- ed is 300.000 shares of the par value of $l.0o each. Upon the issue and delivery of said stock the value of said stock shall be paid upon such terms and con- ditions as shall be deemed advisable by the Beard of Directors. and, at the option of said Board of Directors said stock may be given in exchange for its cash value fin real or personal property. contracts, agreements. labor, merchan- disc or other materials. Preferred shares of stock may be issued upon said terms and conditions as may be provided in the bylaws.
 Fifth: That t':e time of the com mencement of said corporation is from the date Of filing these Articles, and the time of its termination is twenty five (25) years from the date of said fil- ing.
 Sixth. That the persons or officers authorized to conduct. manage and control the business and affairs of said corporation shall consist of the stock holders holding two-thirds t2-3) of the subscribed capital stock of the cor poration, and Board of Directors com posed of such number of members as may be provided in the bylaws of the corporation. said directors to be chosen by the stockholders at their annual meeting. The original bylaws shall be adopted by vote or signature of the stockholders holding at least two-thirjs (2-3) of the subscribed capital stock Any resolution adopted by the holders of two~thirds (2-3) of the subscribed capital stock. whether adopted oy vote or under signature of such sharehold- CTS. without a meeting, shall absolutely control the affairs of the corporation and the tenure of office of it's directors and officers so far as indicated in said resolution. The Bcard of Directors shall have. subject to the resolutions or votes of the stockholders. the management and control of the affairs of the cor poration. The names of the persons ap- pointed to serve as directors until their successors are elected are: John A. Hammersmith, San Francisco, Cali fornia, Hotel St. Nicholas; l.. F. Wea- yer. san Francisco. California. l742 Fell straet A. l.. Hart. Jr., San Francisco, California, Strathmore hotel: R. H. Turner, san Francisco. California, 1915 Claus Spreckels building: A. l.. At wood, San Francisco. California. 12i5 Claus iSpreckels building. The directors shall elect from their number a persi- dent and may elect one of their num- Der as a general manager. They shall also appoint vice president. a secre- tary, a treasurer. and such other off cers as they may require. none of whom need be directors. and may confer upon such officers such power as said board may deem best.
 Seventh The authorized indebted ness to which the corporation at any time may subject itself to is $25, GOO. CO.,
 Eighth: That the private property of each and every officer and st1ckholder in this corporation Is to be exempt from all corporate debts and liabilities and from execution on any and all claims against this corporation. and no claims or demand against this corporation shall constitute a claim or demand against said stockholders or officers by reason of their being stockholders of officers in said corporation. No assess ment shall be made upon the corporate stock of any strsekhalda, avcapt for