Arizona silver belt., 1902-09-04
ARTICLES OF INCORPORATION
of the Great Northern Oil Company.

and J l. WaggenOr, all or LeWS ana Clarhe county, Montana, desiring to organize our, selves into cor poration under the provisions of the la WIS of the Territory Of Arizona, and especially an ct of the legislative assembly concerning corporations, approved March sth lss7 for the purpose of engaging in the lawfu enterprise and business pursuit hereinafter specified, do make, subscribe and acknowl edge accordir < to law these Articles of In corporation
 Frst-The name of this corporation shall be Great Northern on Co.
 Second-And its principal place of business shall be at Globe, in the County of Gila, Terri | tory of Arizona, with branch ofice in Helena Lewis and Clarke county, State Of Montana, | for the purpose Of transacting any and all bust | ness of any kind aud description whatsoever and also at Globe, in the County Of Gila, and Territory of Arizona
 | Third-The general nature Of the business | proposed to be transacted is oil mining, min ing, and incidentally to acquire by location, | purchase or otherwise, mines Of copper, gold, silver lead, coal, and mines of all other kinds | and nature whatever; and to operate, lease or | sell the same to erect and maintain mills, re- ducuon works, concentrators and concentrat-
  milling machinery rto acquire construct and operate tramways, railways, tunpikes and canals to lead from principal works orpiace Of business to an existing railroad, navigade stream or turnpike or pubic highway; to do a general merchandise business, erect and main tain boarding houses to acquire by purchase location, or in any other lawful manner real estate lands, and all other kinds of property, real personal and mixed, transacting any and all kinds of business which may be transacted by natural person; to hold, cultivate, prove up, use and enjoy the same, and to alenate, sell lease, demise and dispose Of the same or any part thereof, as well as any other property this corporation possesses, be seized Of or eu' titled to; 10 pay out, construct and acquire by purchase or in other lawful manner, and ac. cept, hold, possess and operate, use franchises from any other state or territory, or any coun- ty or municipal corporation or private corpor- ation, mills, wagon roads, houses factories capital stock and bonds af corporations, chat tels goods wares and merchandise, choses in action to manufacture, sell and deal in any and all kinds Of property, real personal and mixed electrical and other appliances for driving machinery, motive power for propel lag any and all kinds oi appliances telephone and telegraph lines and electric lights to Dor row money and contract 10 repay the same at such times and with such sales Of interest as It's board Of directors may deem proper to mortgage or pledge any or all Of the property owned or which this company may acquire to secure the payment of any debts Of the cor poratOn, with such interest as such company may be obliged to pay and such other enter prlses as thiS corporation by means of this board Of directors determine and direct.
 Fourth-The time of commencement of this corporation shall be the day Of filing Of these articles for record in the ofice Of the County Recorder Of the County Of Gna, Territory of Arizona, and the termination thereo; shall be twenty-five years thereafter
 Fifth-The amount Of capital stock of this cor. poration shall be One Million Dollars 10000, divided into one million shares Of the par value oI One Dollar Csi.OO), fully paid up, and forever non. .assessable, and the times and conditions upon which it Is to be paid are as follows: The whole capital stock to be paid in property nee. essary for the purpose Of this corporation upon resolution of the board of directors and satisfactory evidence Of title and value to the board of directors.
 Sixth-The affairs of this corporation small be conducted by board Of directors consisting of seven @ persons, who shall be elected an nuaily in December by the stockholders, at such time and in such manner as may be pre- scribed by the bylaws.
 All members Of the first board shall be sub scribers to this certificate, and thereafter no person shall be a member of the board of di- rectors unless he is stocSholder in the cor poraiion. Said board of directors shall have power to il vacancies in their number, and may elect such officers and appoint such com mittee from their own number to aid in the management of the business, and in conduct ing the affairs of said corporation as they may see fit, and vest in such officers and said com. mittee all such powers as they may deem ex- pedient.
 The following named persons, who are sub. scribed hereto, shall constitute the board of dire ctors of the corporation Tor the first year and until their successors duly qualified shall be elected, to- wit: Adolph Jacobs, Napoleon Salyall. C. F. Brown. C. E. Bell c. E. Moreau, F. E. Riggs and J. l.. Waggenor, And there after if any director shall cease to be a stock holder he shall cease to be director. Imme- aiately, or as soon as practicable after the filing of these articles in the office of the county feCOfucf or the county or 6lia, Iern- tory of Arizona, the persons named herein as directors to serve for the first year, and until their successors duly qualified shall be elected shall meet and organize as board of direct ors, adopt bylaws, and prescribe in said by laws rhe method of calling meetings of the board of directors and stockholders
 Seventh--This company shall not be liable for any indebtedness at any time for any amount in excess Of fifty thousand dollars (s5 ,0OI)
 Eighth-The stockholders of this corpora tion and their private property shall be ex- cmpt from liability of the debts of this corpor. aton.
 Ninth-The board of directors of this cor poration shall have power to establish bylaws and make all rules necessary foI the manage ment and control of this corporation and the oficers thereof not inconsistent with the laws of the United States and the laws of the Territory of Arizona
 IN WITNESS WHEREOF, we have hereun to set our hands and seals this lith day Of Au- gust, A. D. 1902.
 ADOI.PH JACOBS, lSeall
 NAPOLEON SALVAlL, [SealI
 q F. BROWN TSeall