The news-herald., 1902-02-08


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 of the business
may be transacted.
ARTICLE 2.
The general nature of the different kinds of
business proposed to be transacted by this
Corporation is as follows, towit:
To purchase, lease, locate, bond or otherwise
acquire, own, sell or otherwise dispose or
pledge, mortgage, hypothecate and deal in,
prospect for, work, mine, explore and develop
mining claims, oil, mineral, timber and agrl-
cultural lands, OIL gas, asphalt, petroleum.
water and water rights.
To build and operate tank cars ana pipe
Hines, tank barges and steam ships, to handle
the product of such corpora&ion; to bore ana
| out 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, to buy and sell
| all kinds of property, to acquire by purchase
| subscription or otherwise, and to hold as IN
| yestment any bonds or other securities or EVIL
denceS of Indebtedness or any shares OF eapl-
tai stack created or issued by any other corPor-
| alton or corporations association or assOc1a-
tions. 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 Sc
curities or evidences of Indebtedness created
or issued by any other corporation or corpora
tions. association or associations, or the Terri
tory of Arizona or any other State, Territory
or country and while owner thereof, to exer-
else all the rights, powers and privileges OF
| ownership To purchase hold, sell, assign,
| transfer mortgage, pledge, or otherwise dis
pose of shares of the capital stock, OF any other
| corporation or corporations, association or
| associations of the Territory of Arizona, or OF
anv other State Territory or country, ana
while owner of such stock to exercise all the
rightsspOw and privileges OF ownership, IN
Guiding the right to vote thereon TO ala In
any manner any corporation or association OF
which anv bonds or other securities or evl-
| dences of indebtedness or stock are held by
| this corporation, and to do any acts or things
designed to protect, preserve, improve, or en-
bsnce the value of any, such bonds, or other
securities. or evidences of Indebtedness or
| stock. To do general real estate, mercantile
and mining business in all its branches; to
own. handle and control letters patent and in
yentions to borrow money and execute mort
cages. or deeds of trust to secure the same, to
issue bonds and other evidences of indebted
ness, and in general to do all things necessary
to the proper conduct of the business OF this
corporation not Inconsistent 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 prin-
cipals agents, contractors, trustees OF other
wise, either alone or in company with others;
and toehaye one or more officers out of the Ter
ritory of Arizona and to hold, purchase, mort
gage and convey real estate and personal prop
erty outside of this territory.
p ARTICLE s..
Among the powers of this body corporate
shall be: to have perpetual succession, to sue
and be sued by its corporate name; to have
a common seal, and alter the same at pleasure;
to prescribe, the code of making transfer of
stock or interest of it's stockholders;
to make contracts; Ito acquire and trans
fer property of every kind and de-
scription, both real and personal, and
to possess the same powers in, such respects as
private individuals now enjoy; to establish
bylaws and make all rules and regulations
deemed expedient for the management of its
affairs, not inconsistent with the laws and
constitutional of the United States and the laws
of the Territory of Arizona.
/ ARTICLE 4.'~< |s~:-
The amount of the capital stock of the cor
poration Shall be two million $4,000, 100000 dol
lars, divided into twenty million shares of the
par value of ten cents each, fully paid up and
forever non-assessable,
~ ARTICLE S.
The time of the commencement of this cor
poration shall be. the date of the filing of these
- +I,o
Secretary of Arizona, and the termination
thereof shall be twenty-five years thereafter.
ARTICLE 6.
| The affairs of this corporation shall be con-
| Quoted by board of seven (7) directors, who
shall be elected annually by the stockholders
of the corporation on the 18th day of December
in each year. Until the 18th day of December,
1902 the following named persons shall serve
as directors: :-ChaFles B. Ingels, Kansas City,
Missouri; Geo. B. Lang, Rosenberg, Texas;
Alexander Sampson, Noah Allen, John Lovejoy,
NJ L. Malevinsky, Houston, Texas, and Russell
w. Houk, Beaumont, Texas.
ARTICLE 7.
The highest amount of Indebtedness or liza
bility, direct or contingent to which this cor
poration shall be subject itself, at any time, is
one million ($1,OOOOOc) dollars.
| ARTICLE 8.
The private property of the stockholders of
this corporation shall be exempt from all cor
poration debts.
In Witness Whereof, We have hereunto set
our hand and seal this December 18th, 1901.
ALEXANDER SAMPSON. IsEAL.
NOAH ALLEN. [sEAL.l
JOHN LOVEJOY. [sEAL]
! NJ L. MALEVINSKY. [sEAL,1
State of Texas, County of Harris.
j On this the 18th day of December, in the year
Il 1901, before me, Blanche d. Malevinsky, a no.
tary public in and for the state and county
aforesaid. residing therein, duly commissioned
and sworn, personally appeared Alexander
Sampson, Noah Allen, John Lovejoy and NJ. L.
Malevinsky, known to me to be the persons
described in, whose names are subscribed to
and who executed the annexed instruments;