Arizona republican., 1902-08-25
ARTICLES OF INCORPORATION
 OE THE


 AMERICAN FUEL OIL COMPANY.
 We, the undersigned. for the purpose of forming a corporation under chap ter ?. title 12. Of the Revised Statutes of the Territory of Arizona. to transact the business hereinafter mentioned, do adopt the following articles of incor- poration.
 First: The names of the incorporat- ors are J. A. Paulhamus. Richard Hopkins and Charles L. Heverin. The name of the corporation shall be THE AMERICAN FUEL OIL COMPANY and the principal place of transacting business shall be at Phoenix, in said Territory. but the corporation pro poses to carry on business in Beau mont, Jefferson County, Texas, with a general office in the City of New York. in the State of New York. and at such other places as the business transacted by the corporation may make necessary or desirable.
 Second: The business proposed to be done by said corporation shall De the buying, mining and working of ag- ricultural and mineral lands, manu- featuring, milling, smelting, assaylng' reducing, concentrating and otherwise treating or working ores, minerals, earths, metals and agricultural prod ucts and for doing a general mercantile business, and for erecting, owning. op- erating and producing machinery and fixtures, for any or all of said pur- poses, or for sale, or exchange and Tor owning. holding, mortgaging, leasing or selling such real or personal estate as may be necessary in connection with the other privileges herein grant ed. and erect houses, mills and other buildings upon and otherwise improve any lands owned, leased or held by this corporation, and for making, buying and selling such matters and things as may in any way appertain to It's business. To construct equip or lease, operate and manage roads, tramways, railroads, steamships or sailing yes sells and to lay pipelines for transpor- tation of water and oil, to erect, main tain and operate power plants, elther steam, electric or water, and for trans portation, use and sale of the power, and to draw, accept and negotiate oilis of exchange. promissory notes and other negotiable instruments that may be necessary or convenient in the pros ecution of its business, and to borrow money and secure the payment of same  its property.
 Third: The amount of capital stock authorized is one million five hundred thousand dollars, to be divided into one million five hundred thousand shares of the par value of one dollar each, which is to be paid in cash or property within one year.
 Fourth: The corporation will be in business on the sixth day of August A. D. nineteen hundred and two and terminate in twenty-five years from that date.
 Fifth: The affairs of the corporation will be conducted by a Board of Di- rectors consisting of not less than three or more than seven persons. as may be provided in the bylaws of the corporation, and by a President. Vice President, Secretary and Treasurer and at the option of the Board of Dl- rectors. and assistant Treasurer and assistant Secretary and an executive committee.
 Elections of Directors shall be held annually on the first Wednesday ir August and election of officers at the first meeting of the Board of Direct OTIS thereafter.
 Sixth: The highest amount of in- debtedness CT liability to which this corporation shall at any time subject itself is one million dollars.
 Seventh: Private property Of the members of this corporation shall pe exempt from corporate debts.
 Eighth: Among the powers of this body corporate shall be:
 l. To have perpetual succession.
 2. To sue and to be sued by the cor pOrate name.
 3. To have a common seal and alter the same at pleasure.
 4. To render the shares or interests of the stockholders transferable and prescribe the mode of making such