The Coconino sun., 1902-03-22
ARTICLES OF INCORPORATION
OF THE
FUEL OIL MARKETING COM
 PANY.

Know all men by these presents. that we, W. c. Renfrow of Joplin, Mo-; D. K. Beatty of Beaumont, Texas; J. H. Richards of Fort Scott, Kansas; J. c. Beatty of Ottawa, Kansas; w. B. Sharp of Dallas, Texas and J. J. Swofford, W, A. Rule, A. s. Kimberly and Kelly Brent of Kansas City, Mo, have this day voluntarily associated ourselves together for the purpose of forming corporation under the laws of the Territory of Arizona; and we hereby certify
 1. That the name Of said corporation shall be 'The Fuel Oil Marketing Company"
 2. That the purposes for which said corpora tion is formed are: To carry on any and all kinds of mines and mining operations; to sink, develop and operate oil wells upon the lands of this company and of others; to own, lease and operate all kinds of buildings, reservoirs, tanks, refineries and equipments for caring for, stor- ing, refining and reducing, for shipping and transporting, in pipe lines tanks, and by any other method of transportation now known or that may be hereafter invented or devised, and for marketing oil and other mineral products, and to carry on general business of extracting. caring for, storing and transporting oil aud other mineral substances, and of reducing, re- lining and marketing the same; to invest in and own the capital stock of any other cor poration, any of whose purposes are similar to any of the purposes of this company; to borrow money necessary to carry on It's business and to mortgage it's property to secure payment of the same; and to do all things necessary or con- venient to carry out the purposes above enun- ciated.
 3. That the principal place Of business of said corporation in the Territory of Arizona is to be ut Flagstaff, in the County of Coconino. in said territory; that said corporation will also main- tain an office and carry on it's business at the City of Beaumont. in the State of Texas, and at the City of Kansas City. in the State of Mis- souri, and at such other places may be found to be necessary and expedient
 4. The term for which said corporation shall exist is twenty five years from and after the date of it's interpretations; and 1t will begin business immediately upon the filing of these articles Of incorporation in the office of the County Recorder of said Coconino County, Ari- Zona.
 5. The names of the corporators are w O. Renfrow, who resides at Joplin Missouri; D. k. Beatty, who resides at Beaumont, Texas; J. H. Richards, who resides at Fort Scott, Kansas; J. C. Beatty, who resides at Ottawa, Kansas; W. E. Sharp, who resides at Dallas, Texas: and J. J. SwofIord, w. A. Rule, A. s. Kimberly and Kelly Brent who reside at Kansas City, Missouri
 G. The amount of the capital stock of said corporation authorized is s3,OO000o, and the number Of shares into which it is to be divided is 3000.OOo, Of the par value of sl per share.
 :. The same shall be paid for in cash or in property acceptable to the Board of Directors upon issuance of the certificates of stock at q price to be agreed upon by the Board of Direc tors of said corporation The price at which said stock shall be sold shall be fixed by the Board of Directors of said corporation.
 |. The affairs of said corporation are to be conducted and managed by a Board of Direc- tors to be elected by the stockholders of said corporation and by a President, Vice Presi- dent Secretary Treasurer and General Man ager, to be elected by said Board of Directors. The Directors shall be stockholders of said corporation, and shall hold their office for one year and until their successors shall have been duly elected and qualified The other officers above mentioned shall hold their respective offices for the term of one year and until their successors shall have been duly elected and . qualified, unless sooner removed from office, as provided by the bylaws. In addition to the officers above named, the Board of Directors shall have power to elect or appoint such other officer, agents and employees as may be neces- sary to properly conduct and carry on the busi- ness of said corporation.
 @. The indebtedness or liabilities of said cor poration shall not at any time excee6 fifty per cent of the capital stock thereof.
 10. The stockholders of said corporation shall not be individually liable for the payment of the debts of said corporation, but they and their individual property shall be exempt from the corporate debts of said corporation; and no assessments shall ever be levied upon the cap ital stock of said corporators, or any part thereof.
 In witness whereof we have hereuntO set our hands and seals this - day of December 1901.
 w. A. RULE [Seall
 KELLY BRENT ,Seall
 w. E. SHARP ISeall
 D. R. BEATTY [Seal
 J. H. RICHARDS (Seall
 J. C. BEATTY ISeall