The news-herald., 1902-03-22
Articles OF incorporation
of the
TEX "A S. N E x G O OIL
AND MING
COMPANY.

PRESENTS: That we, the undersigned,
have this day voluntarily associated
ourselves together for the purpose of
forming corporation under the laws
of the Territory OF Arizona, and we
hereby make, execute and adopt the
following articles of Incorporation.
ARTICLE I.
The name of said corporation shall be
Texas Mexico Oil and Mining Company,
and it's principal place of transacting
business shall be at Phoenix, Arizona,
Maricopa County, with branch Office at
Beaumont Jefferson County, Texas,
and at such other places as may be
determined by the board of directors
where regular and special meetings of
the directors and stockholders may be
held, and any and all the business may
be transacted.
ARTICLE IT.
The general nature of The different
kinds of business proposed to be trans
acted by this corporation is as follows,
to-wit: To purchase, lease, locate,
bond or otherwise acquire, own, sell or
otherwise dispose of, pledge, mortgage,
hypothecate and deal in. prospect for,
work, mine, explore and develop min
ing claims, oil, minerals, timber and
agricultural lands, OIL gas, asphalt
petroleum, water and water rights, to
build and operate tank barges, steam
ships, tank cars and pipe lines to store
and deliver oil, manufactured or nat
ura1 gas, from point to point, procure
franchises and rights in the country
cities or towns, for the delivery and
sale OF the same. Build electric plants
to furnish power, light and heat, In
Guiding electric railroad lines, to han
die the product of such corporations; to
bore and put down wells; to buy and
sell oil and oil wells and mines Of all
kinds and operate the same; to build
refineries, reduction works Of all kinds
and operate the same, with necessary
machinery to convey, transport and
market the same, propelled by steam or
otherwise; to buy and sell all kinds of
property, to acquire by purchase, sub
scriptiOn or otherwise, and to hold as
investment any bonds or other securi-
ties or evidence of Indebtedness or any
shares of capital stock created or is
sued by any other corporation or cor
pora tions, association or associations,
of the territory Of Arizona or of any
other State, Territory or country. To
purchase, hold, sell, assign, transfer,
mortgage, pledge or otherwise dispose
of, any bonds or other securities or evil
dences of indebtedness created or is
sued by any other corporate associa-
tion or associations, of the Territory
of Arizona or of any other State, Terri
tory or country, and while owners
thereof, to exercise all the rights, pow
ers and privileges OF ownership. To
purchase, hold and sell, assign, trans
fer, mortgage, pledge or otherwise dis
pose Of shares of the capital stock of
any other corporation or corporations,
association or associations, of the Ter
rltory Of Arizona, or Of any other State,
Territory or country, and while owners
of such stock to exercise all the rights,
powers and privileges of ownership, in
Guiding the right to vote thereon. To
aid in any manner any corporation or
association Of which any bonds or other
securities, or evidences of indebtedness
or stock are held by this corporation
and to do any acts or things designed
to protect, preserve, improve or en-
nance the value of any such bonds, or
other securities, or evidence of indebt-
edness on stock. TO do a general real
estate, mercantile and mining business
in all it's branches; to handle and con-
troll letters patent and inventions, to
borrow money and execute MORTGAGES
or deeds of trust to secure the same, to
issue bonds and other evidences of in
debtedness, and in general do all things
necessary to the proper conduct Of the
n ic
sistent with the laws of the United
States and the Territory of Arizona, to
the same extent as natural persons
might or could do, and in any part Of
the world as principals, agents. con-
tractors, trustees or otherwise, either
alone or in company with others, and to
nave one or more Offices opt of the
Territory of Arizona, and to hold, pur-
chase, mortgage and convey real and
personal property outside of this Ter
ritory.
ARTICLE III.
Among the powers OF this body cor
porate shall be to have perpetual sue
cession; to sue and be sued by it's cor
porate name; to have a common seal
and alter the same at pleasure; to pre-
scribe the mode of making transfers of
stock or interest of it's stockholders; to
make contracts, to acquire and trans
fer property of every kind and descrip-
ton, both real and personal, and to
possess the same powers in such re-
spects as private individuals now en-
joy; to establish bylaws and make all
rules and regulations deemed expedi-
ent for the management of its affairs,
not inconsistent with the laws and con-
stitutiOns Of the United States and the
laws OF the Territory of Arizona.
ARTICLE w.
The amount of the capital stock of
the corporation shall be Ten Million
($1O,O00,0 100000 Dollars, divided into
shares of the par value of one dolalr
each, fully paid up and forever non
aSsessable.
ARTICLE "
The time Of the commencement of
this corporation shall be the date of the
filing of these articles of incorporation