Arizona republican., 1902-05-03
THE HOLMES OIL COMPANY.

HnOenl&, -NaflCGld ' oulIlN. Al iLpil'i. and the principal place of business of said corporation outside the Territory O; Arizona shall be the City of Chicago in the State of Illinois. at which the meetings of the Board of Directors may be held, and the corporation may have such branch offices either within or without the Ter itory of Arizona as may be established by the Board Of iOi- reCtoTs.
 SECOND: The general nature Of the business proposed to be transa"tad by this corporation is as follows. to-wit,
 TO purchase. lease. bond. !ocace CT otherwise acquire. own. exchange. sell or otherwise dispose of. pledge, mort gage. hypothecate and deal il real estate and any and all kinds Ci per sonaI property. mines. mining claims. oil lands. mineral lands, oil. Sas, as phaltum. petroleum. water an 'i'N@iei' rights and machinery, and to WorN, mine. explore. operate and develop tEe same: to do a general real estate, man lufacturing and mercantile business; 10 town. handle and control letters patent and inventions and shares of capital lstOck of other corporations: to borrow money and execute notes, bonds, mort gages. or deeds of trust to secure the isaIne. and to exercise in respect of al such bonds. mortgages, notes, Siiiite5 Of capital stock and other securities and obligations any and all rights. powers and privileges of individual l0v-ners thereof. including the right to vote upon any shares ot stock held by it to the same extent that q natural person might or could de; and in gen eral to do all things necessary to the gf h1ISinpSS Of fms corporation in the Territory and else where. not inconsistent with the laws of the United States and the Territory of Arizona.
 THIRD: The authorized amount of capital stock of this corporation shall be Two Million Five Hundred Thou sand dollars ($2.5Go 0O0.OO), divided into 2.5go, eco shares of the par value of One dollar ($1.GO each.
 At such time as the Board of Direct DTS may by resolution direct said cap ital stock shall be paid into this corpo- ration either in cash or by the sale md transfer to it of real O" personal prop erty. for the uses and purposes of said corporation. in payment for which shares of the capital stock of said cor porati may be issued, and the capital stock 50 issued shall thereupon and thereby become and be fully paid lD and non-assessab ble, and in the absence of actual fraud in the transaction the judgment of the Directors as to the value of the property purchased shall be conclusive.
 FOURTH: The time of the com mencement of this corporal tion shall be the date of the filing of these Articles oe Incorporation in the office of the Secretary of Arizona, and the termina- ton thereof shall be twenty-five years thereafter.
 FIFTH: The affairs of this corporal ton shall be conducted by a Board of Five Directors and the following nam-d shall constitute the Board of Directors until their successors are elected:
 Max, Teuber, Chicago, H.
 John J. Wilson, Chicago, III.
 Joseph D. Burns. Chicago, III.
 Thomas L. James. Chicago. III.
 F. R. Holmes. Chicago, III.
 Thereafter the Board of Directors shall be elected from among the stock holders as the Bylaws of the corpora ton may provide.
 SIXTH: The highest amount of in debtedness or liability, direct or con- lingent, to which this corporation is at any time subject shall be One Hundred and Thirty Thousand dollars ($139.- OG0.Oo).
 SEVENTH: The private property of the stockholders of this corporation shall be exempt from corporate debts Cf any kind whatsoever.
 EIGHTH: To receive, acquire. pur- chase, hold, transfer and to reissue it's own capital stock and to acquire as sign and sell the capital stock of other corporations.
 NINTH: To contract for the sale of any of it's capital stock for less than par value ia that event, if the ccrti- ficate shall state that the stock has been fully paid up and non assessa ole and the stock. mentioned in such cer- tificate shall thereafter be deemed as fully paid Up and non-a -assessa bic.
 TENTH: The first annual meeting cf the stockholders of this corporation snail be held on the third Tuesday C: April. 1903, and regular annual meet ings shall be held thereafter on the third Tuesday of April of each year.
 ELEVENTH: One Million One Hul- dred Thousand q .1Go, 00O) shares of the capital stock shall be appropriated IS treasury stock to be sold as may be ordered by the Board of Directors fer the development and improvement uf it's lands iu other legitimate purposes Of saiI company and the stock so sold as trcasur! stock shall b. considered ar; fully paid ui and non-asscssa able
 IN WITNESS WIIEHEOF, We have hcr"uuto S,t our hands and seals thi; eleventh day of April. lH0.
 MAN Ttttl;t.It. t1clD
 JpII% J. WILSON. eS-HD
 JOSEPH D. J;i'i;NS. ,s',:,D
 TiiHN\S l.. JAMES. (S.1D
 F. H. HOLMES tSraD state ut Illinois.
 County of Cook. ss.
 On this eleventh day of April in the year iao2 before me. Francis <. Russell, a Notary Public in and for the State and County aforesaid, residing therein : duly commissioned and sworn, perscn- ally appeared Max Teubcr Joseph D. Burns. John J. Wilson. Thomas L. James and F. E. Holmes. known to me to be the. same persons described i9.