Arizona republican., 1902-06-28
ARTICLES OF INCORPORATION
 OF THE THE BIG MOUND OIL COMPANY

KNOW ALL MEN BY THESE PRESENTS: That we, whose hands are herernto affixed, do hereby asso- ci;te ourselves together for the pur- pose of forming a corporation under ,he laws of the Territory of Arizona. 1 and to that end make the following i statement:
 FIRST The names of the corp ,ra- | tors are: l. Y. Saum, W. -\. Sau1s7, !. | B. Flynn. and the name oi the corpora ! ton shall be The Big Mound Oil Com l pauy The principal place in which | the business cf said corporation within | the Territory Of Arizona is to be trans l acted is Phoenix. Maricopa County. 1 Arizona, and thc principal place Of business of said corporation outside 1 the Territory of Arizona shall be the City of Des Moines Polk County, in the State of Iowa. at which meetings of the Board of Directors may be held l and the corporation may have such branch offices either within or without the Territory of Arizona as may be established by the Board of Directors.
 SECOND: The object and purposes for which this corporation is formed and the powers which it shall exercise are tho establishment and mainte- nance of an oil company with author ity t0 contract for the lease and pur- ohasc of the right to prospect fer. de VeIop. bore. mine. prepare for market and use natural gas. coal. petroleum. natural oil of any Variely, sulphur and other minerals, and to the accomplish ment of said purposes to own and hold. to lease, purchase and otherwise con tract for and procure such lands and premises as are nes essary to carry on the business of said corporation; and to sell or lease the whole or any part thereof to other persons or corpora tions; and also to erect, construct, build and own such buildings, derriclls, reservoir tanks, pipe lines. cars and such other structures, appliances and ccnvcniences thereon and therein as are necessary in and about and tCr the development use, preparation for mar ket and marketing, freightage or transp spCrtGtiCn of such product, and the maintenance and operation of the business of this corporation; to pur chase, lease and contract for, and to hold and own such lands. tenements, easements, franchises and the rights therein as may be required for such derricI1s. tanks, pipe lines. reservoirs and other necessaTies and cOnVen- fences Of said business; tO sell and to hold and own natural gas, oil, petrO- !eum. coal. sulphur and ether minerals, as well as the right to prospect for and develop the same. and to enjoy all the powers. privileges and franchises granted to like corporations under the Constitution and laws O. the Territory of Arizona.
 THIRD: The authorized amount of capital stock of this corporation shall be One Million Dollars (Si.0Ge, 0e0.00) divided into One Million shares of the par value O: One Dollar ($l.0O each. <, such time as the Beard cf Directors may by resolution direct, said capital stock shall be paid into this corpora- ton either in cash or by sale and transfer to it of real or personal prop erty for the uses and purposes of said cooperation, in payment for which shares Of the capital stock of said cor poIation may be issued and 1ile caDi- tal stock so issuaa shali thereupou and thereby become anl De fully paid ID and non-assessable. and ia the absence of actual fraud in tha transaction the judgment of the Directors as to the value CT the property purchased shall be conclusive.
 FOURTH: The time of the com meHcement Of this corporation shall be the date ofithe filing e: these Articles ! of IrCoi poratiun in the office of the Secretary Of Arizona. and the ternina- tiCn thereof shall De twenty-five years thereafter.
 FIFTH: Tho affairs of this corpora- tfon shall be conducted by d Board of three Directors and the following named shalt constitute the Board of | Directors until their successors are elected. J. V. Saum. w. i. Saum. J. l 2. Flynn. Thereafter the Board of ! Directors shall be elected from among i ,he stockholders as the bylaws of the 1 corrosstion may provide.
 l SIXTH The highest amount of in- l Gebtednoss or liability, direct or con 1 tinSent, to which this corporation is at any time subject shall be twenty | five thousand dollars ($25, ,0G9.C0). 1 SEVENTH: The private property of the stockholders oi this corporation saaH be eXemp, frcm corporate debts Of any kind whatsoever.
 IN WITNESS WHEREOF, We have hcrcurt2 set our hands and seals this l-th day of June, 1902.
 I. r.. FLYNN. CScaD
 !. '. SAl'M. (SoaD
 W. <. SAUM. (seap ! State "f tr,,a
 cuUuty.of Polk, ss.
 On this 11th day of June, iu the year la''2, before mo. r. G. L.oWcnbcres. a | N"tary Public in and for the State and "ouuty aforesaid, residing therein. d;ly commissioned and sworn, person. all: appeared .i. Y. S1uw, NJ. \. iauul and J. E. Flynn. known to me to he thc persons described ir, whose namcs gre subscribed t.. and who executed the annexed instrument and they ac- snoWi2di-el C. inc tli8t they executed the :i2n;c 5or the purposes and con@id- era i"',S therein expressed.
 IN WITNESS WtEEEOF. I have