Holbrook argus., 1902-02-01
AMENDED ARTICLES OF INCOR-
 PORATION
Of the San Juan Petroleum Corpora
 tiOn.


 the purpose of forming a corporation under the laws of the Territory of Arizona, and to that end make the following statement as our Amended Articles of Incorporation:
 First. The names of the corporators are GEORGE NJ. BOYNTON, F. C. KINDRED, CHARLES K. PHILLIPS. and the name of PETFoRRUM coRPoRATI6S. The pSina, SEaE pal place in which the business of said cor poration within tho Territory of Arizona is to be transacted is Holbrook, Maya jo County, Arizona, and the principal place of business of said corporation outside the Territory of Arizona shall be in the city of London, Eng land, and in Denver, in he state of Colorado, and Ut such other branch offices either with in or without the Territory of Arizona and in any part of The United States of America. or in any foreign state or country us may be established by the Board or Directors, at any of which places meetings of the Board of Directors my be held and the business of the corporation be transacted
 Second. The general nature of the busi- ness proposed to be transacted by this cor poratson is as follows, to-wit:
 To purchase, lease, bond, control, locate or otherwise acquire. own. buy, exchange sell, convey or otherwise dispose of pledge, mort gage, hypothecate and denl in real estate and in any and all kinds of personal property, mines mining claims oil lands mineral lands, oil, gas, asphaltum, petroleum, min- erals. metals. water and water rights and machinery, retineries mauui iacturing plants, and materials, and to work, mine. explore, operate and develop the same; to do u gen eral real estate, manufacturing and mercan- tile business; to own handle and control franchises, rights of way, public utilities and privileges. irrigation systems, lumber and numbering plants, brick, tile, cement and stone, goods, wares. merchandise, live stock and animals letters patent and inventions and shares or capital stock and bonds and negotiable securities of other corporations and of individuals: to borrow money and execute notes, bonds, mortgages, or deeds of trust, to secure the same and to exercise in respect of all such bonds, mortgages notes, shares of capital stock and other socu ri- ties and obligations any and all rights. DOW thereof, including the right to vote on any shares of stock held by it to the same extent that natural person might or could do, and also to own, operate, sell convey, lease, ac- quirc in any manner otherwise, and con vey pipe lines and rights of way for the same, and in general to do nll things necessary to the proper conduct of the business of this corporation in the said Territory of Arizona, in any part of The United States of America. in any territory in The United States of Amer ica, in any of its colonies and in any other for cign state, country or territory whatsoever, not inconsistent with he laws of The United States and the Territory of Arizonu.
 Third. The authorized amount of Capital Stock of this corporation shall be Fifteen Million Dollars tl5,COO,0Oll ! divided into fif- teen million (5.00 COO shares of the par value of One Dollar tsl.l each. At such times or time as the Board of Directors may, by resolution direct, said capital stock shall be paid into this corporation either in cash or by the sale and transfer to it of real or personal prop erty for the uses and purposes of said cor poration. in payment for which shares of the capital stock of the said corporation may be issued, and the capital stock so issued shall thereupon and thereby become and be fully paid up and non-assessable, and in the absence of actual fraud in the transaction the judgment of the Directors as to the value of the property shall be conclusive.
 Fourth. The time of the commencement of this corDoration shall be the date of the filing n ion in the office of the Secretary of Arizona, and { he termination thereof shall bo twenty-five q years thereafter.
 Fifth. The affairs of this corporation shall be conducted by Board of fifteen li5l Drec- tors. amt he following named sha! constitute the Board of Directors until their successors are elected and qualify, to-wit:
 George M. Bo, nton. Harold w. San,lerson W. Stacey Webber. E. G. Kindred, James H. Pitt A. Wade. Charles K. Phillpps NJ: G. Macluine of l.ochbuie, William Soners- l.. Cooper. Andrew Crawford, Martin D. Stecher and Emilio Ortiz. Thereafter the Board of Director, shall be elected from among the stock holders as the bylaws of the corporation may provide.
 Sixth. The highest amount of indebted- ness or liability. direct or contingent, to which this corporation is at any time, subject shall be ten million dollars lSlo coo 000l.
 Seventh. The private property of the of this corporation shall be eX- empt from corporate debts of any kind W NuuVsOeVtt. In witness whereof, we have hereunto set our hands and seals this second day of Jam nary, A. D. l4,2.
 GEORGE NJ. BOYNTON, tSeal
 k. G. KINDRED, Seal |
 CHARLES K. PHILLIPS, tseaJ STATE OF COLuRAnO. COUNTY OF ARAPAuOE,l '' On this second day of January in the year 4. D. l9J2, be fore me, c. D. Hiudley, Il Notary | Public in and for the county and state afore- |, said residing tberein duly commissioned md sworn, personally appeared George M | }oyntun. E. G. Kindred and Charles K, Phil | ipps, known to me to be the persons de- 1 cribed in, whose names are subscribed to, ! md who executed the annexed instrument. | md they acknow edged to me that they exc l 'uted the same for the purposes and con therein expressed.
 In testimony whereof l have hereunto set | ny hand and affixed my official seal in my ! 'ffice iv the said county and state the day md year last above written.
 My commission expires March 1S, A. D. 1903.
 CD. HINDLEY, Seal Notary Public. Filed and recorded at the request of Chas. {. Phillipos, Jan. 1, 1902, at Q o'clock q. ni., md duly recorded in Vol. No. one of Articles if Interpretation on pages Nos. 76, 77 and IS. Records of Navajo county. 4 riZOua.