Arizona republican., 1902-05-11
ARTICLES OF INCORPORATION
THE PACIFIC OIL COMPANY OF
MONTANA


ourselves together for the purpose OF
forming a corporation under the laws
of the Territory of Arizona, and to that
end MAKE the following statement
First:
The names of the corporators are:
Alfred P. Hanan, Charles F. Lusch and
!. r. Stevens. all of the City of New
York in the State of New York, and
the name of the corporation shall be
Tire Pacific Oil Company of Mortana.
The principal place in which the bust
ness of said corporation within the Ter
ritory of Arizona is to be transacted is
Phoenix, Maricopa County, Arizona,
and the principal place of business of
said corporation outside the Territory
of Arizona shall be the town of Kalis-
pell. in the State of Montana, at which
meetings of the Board of Directors may
be held, and the corporation may have
such branch offices either within or
without the Territory of Arizona as
may be established by the Board of Di-
rectors, where meetings of the Board OF
Directors may also be held, and the
first and any subsequent meeting or
meetings of the Board of Directors may
be held in the City of New York in the
State of New York.
Second:
The general nature of the business
proposed to be transacted by this cor
poration is as follows, to-Wit:
To purchase. lease, bond, locate or
otherwise acquire, own, exchange, sell
or otherwise dispose of, pledge, mort
gage, hypotheCate and deal in real
estate and any and all kinds of per-
sonal property. mines, mining claims,
oil lands, mineral lands, oil, gas, as
phaltum, petroleum, water and water
rights and machinery, and to work.
mine, explore, operate and develop the
same; to do a general real estate, man
ufacturing and mercantile business; to
own, handle and control letters patent
and inventions and shares of capital
stock of other corporations; to borrow
money and execute notes, bonds, mort
cages, 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 securities
and obligations any and all rights, pow
ers and privileges of individual owners
thereof, including the right to vote
upon any shares of stock held by it ia
the same extent that a natural person
might or could do; and in general to do
all things necessary to the proper con-
duct of the business of this corpora
ton in the Territory and elsewhere. not
inconsistent with the laws of the Unit
ed States and the Territory of Ari-
Zona-
Third:
The authorized amount of capital
stock of this corporation shall be one
million dollars (s1.000, 000) divided into
one million shares of the par value of
one dollar Cs1OO) each. st such time as
~ e-.,Ir-
tion direct, said capital stock shall be
paid into this corporation either IN
cash OF by the sale and transfer to it
of real or personal property for the
uses and purposes of said corporation.
in payment for which shares of the
capital stock of said corporation may
be issued. and the capital stock so is
sued shall thereupon and thereby be-
come and be fully paid up and nom
assessabe, and in the absence of ac-
tual fraud in the transaction the judg-
ment Of the Directors as to the value
of the property purchased shall be con-
elusive.
Fourth:
The time of the commencement of
this corporation shall be the date of the
filing of these Articles of Incorpora-
ton in the office of the Secretary of
Arizona, and the termination thereof
shall be twenty-five years thereafter.
Fifth:
The affairs of this corporation shall
be conducted by Board of seven Di-
rectors and the following named shall
constitute the Board of Directors I'M
Til their successors are elected: Alfred
P. Hanan, Charles f. Lusch and J. +.
Stevens of the City of New York; B. F..
Hallet of Atlanta, Georgia; ]. H. Ed
wards, C. L. Emmons and G. H. Grub
of Kalispell, Montana. Thereafter the
Board of Directors shall be elected from
among the stockholders as the bylaws
of the corporation may provide.
Sixth:
The highest amount of Indebtedness
or liability, direct or contingent, to
which this corporation is a any time
subject shall be two hundred thousand
dollars (S20O,G0O).
Seventh:
The private property Of the stock
holders of this corporation shall he eX-
empt from corporate debts of any kind
vha tsoeVer.
IN WITNESS WHEREOF. We have
hcreunto set our hands and seals this
eight day of April. 1902.
ALFRED p. HANAN. CSeaI)
CHAS. +. LUSCH. (Seal0
j. Il. STEVENS. (Seal.)
State of New York.
County of Kings, SIS.
On this eighth day of April, in the
year 1902, before me, Jean j. Stouvenel.
Il Notary Public in and for the State
and County aforesaid, residing therein.
duly commissioned and sworn, person.
ally appeared Alfred z. Hanan, known
to me to be the person described in.
whose names are subscribed to and
who executed the annexed instrument,
and they acknowledged to me that they
executed the same for the purposes and
considera tionS therein expressed.
IN WITNESS WHEREOF. l have
hereunto set my hand and affixed my
official seal, at my office in the said
State and County, the day and year
last above written.
(NCtarial Seal)
JEAN b. STOUVENEI4.
Notary Public.
c,pop7iSSinD avDirpS March 20tb