The news-herald., 1902-12-13
ARTICLES OF INCORPORATION
OF THE
TEXAS OIL SECURITIES COMPANY.
LIMITED.

/. We, the undersigned, agree t.
i.fOrm corporation under the laws o.
the Territory of Arizona under thu
name of the Texas Oil Securities Com
pany, Limited" with its principal
place of transacting business at Phoe-
NIX, Arizona, with a branch Office III
New York City, state of New York.
2. The business of said corporation
shall be to purchase, lease, bond or
otherwise acquire; own, exchange, sell
or otherwise dispose Of; pledge. mort
gage, hypothecate and deal in mines
mining claims, oil lands, oil, gas, as
phaltum, petroleum, water and water
rights and to work the same; to do a
general real estate and mercantile bus
mess, and in general, to do all things
necessary to the proper conduct of the
business of the corporation in the ter
ritory and elsewhere, not inconsistent
with the laws of the United States and
the Territory of Arizona.
8. The objects for which the corpo-
ration is formed are: To acquire by
purchase, subscription or otherwise,
and to hold as investment, any bonds
or other securities or evidence of in
debtedness, Or any shares of capital
stock created or issued fy any other
corporation or corporations, association
or associations, of the Territory Of Ari-
zona or of any other state, territory q:
country.
4. To purchase, hold, sell. assign,
transfer, mortgage, pledge or other
wise dispose of, any bonds or other
securities or evidences of Indebtedness
created or issued by any other corpo-
ration or corporations, association o.
associations, of the Territory of Ari-
IONA, or of any other territory, state OF
country, and while owneg thereof t.
exercise all the rights, powers aud
privileges Of ownership.
5. To purchase, hold SELL assign,
transfer, mortgage, pledge Or other
wise dispose of shares Of the capital
stock of any other corporation or col
porati0ns, association or associations
Of the Territory of Arizona or of any
other territory, state or country; and
while owner Of such stock to exercise
all the rights, powers and privileges
- ho ichR tO
vote thereon.
6 To aid in any manner any cor
poration or association nf which any
bonds or other securities or evidences
of Indebtedness or stock are held by
the corporation; and to do any act OF
things designed to protect, improve or
enhance the value OF any such bonds OF
otner securities or evidences of indeot-
edneSs or stock.
Z. The corporation shall have power
to conduct it's business in other terri
| tories, states and in foreign countries
and to have one or more Offices out o1
! this territory, and to hold, purchase
mortgage and convey real and persona
property outside of this territory.
8. The capital stock of said corpora
ton shall be live million dollars (S5.-
900, 0,0C00O) or one million pounds ster-
ling Gel ,OO0,OOO), divided into one mil,
lion shares of the par value of five
dollars, or one pound each, which stock
shall be issued paid up and n0r-asSess-
able in exchange for cash, services OF
property.
8. The business Of said corporation
shall be conducted by board of three
directors, who shall be elected annually
by the stockholders of this corporation
10. The corporation shall commence
business on the date these articles nrt
filed in the office of the Secretary O
Arizona, and shall terminate twenty
five years thereafter.
IL. The highest mount of indebted
ness, direct or contingent, to which thi:
corporation shall subject itself at an!
time is five hundred thousand dollat'
$500. .0OOO0).
II. The private property of stock
holders of this corporation shall b'
exempt from it's corporate debts.
13. That G. H. Akers, resident o
Phoenix, Arizona, for three years las
past, is the agent of this company, upci
whom all notices and processes, includ
ing all services Of summons, may Ks
served.
j In witness whereof, we have here