The Tucson citizen., 1902-03-17
ARTICLES OF INCORPORATION OF
THE MERIDIAN OIL COMPANY.

me Undersigned II. Ii. Dunham, n.
NJ. Dunham and II. q. Meyer do here
by associate themselves together and
adopt the following articles of incorp-
oration, for the purpose of forming a
corporation I'M "r the laws of the
Territory of ArIzonr. wit
ARTICLE /.
The name of this corporation shall
be the MERIDIAN OIL COMPANY
and the principal place for the tran
saction of its business shall be at
Tucson, County of Pima, Territory of
Altoona; but this corporation pro-
poses to carry on business in all the
states. districts and territories of the
United States and Will have a branch
Office at Los Angeles. Cornty OF Los
Angeles, State OF California.
ARTICLE II.
That the pdrpo,es for which this
corporation is fo.m"1 are: TO en-
gage in the business of buying and
selling liquid fuel oils. petroleum,
mineral gas, asphaltum, bitumen. bi-
luminous rock. and other min
eral and hydro sub
stances and products of all such sub
stances. and in boring for, drilling.
digging, tunneling and exploring for,
producing, refining, distilling treat
ing. man lfdCtur.c3. piping, carrying,
handling. storing and in all ways
dealing in all such substances: and
for such purposes to buy, construct,
lease and otherwise acquire, hoi3.
own, malIse AMI oper..e, mortgage,
sell and otherwise dispose OF. retin-
cries. pipeline. tanks. cars. manufac-
tories, machinery ana other works.
property and appliances. franchises
and rights of way. patents and patent
rights. leases and other things that
may be incident or auxiliary to the
business herein enumerated and men
toned, or pertaining thereto, or that
may be deemed necessary or conven-
lent by the Board of Directors of said
corporation; also to obtain and deal
in copyrights also as factor or agent
to engage in carrying on said business
or any portion thereof; to buy, lease
and otherwise acquire, to hold and
own. manage, operate. improve, mort
gage, sell and otherwise dispose Of
and develop lands. concessions, fran
chises. rights of way. mining claims,
mineral rights. oil wells and other
real estate. and interests in any OF
said properties; to establish and carry
on agencies. Offices, stores, storage
tanks. structures. appliances and
houses: and 10 buy and sell a.. articles
and products manufactured by itself
or other persons or corporations in
the United States or foreign countries;
to purchase and otherwise acquire and
hold. pledge, hypothecate. sell and
otherwise dispose of shares OF the
capital stock of other corporations,
and also bonds. debentures. bills,
promissory notes, mortgages and
pledges of other corporations, part
nerships and persons.
ARTICLE III.
The amount Of capital stock to be
issued by this corporation is one hun
dred thousand shares, of the par val
lie of one dollar per share. and when
issued the same shall be forever nom
assessable. and said stock or any por-
ton thereof may be issued
for money. property or serv-
ices OF said capital stock,
fifty thousand shares. amounting at
par to $50 600. are to be preferred
stock and fifty thousand shares
lr'nEnting at par to 10000. az 10 he
>ommon stock. The followiig lgAts,
privileges and conditions shall at
tdrh 70 the foresaid shares, to-wit:
Both preferred and common stock
shall have equal voting powers; the
said preferred shares shall be entitled
10 hc paid from the net profits nf the
said corporation annual dividends at
the rate of seven per cent per annum
on the par value thereof, such divi-
dends to be declared semi i-annually or
annually as the Board of Directors
shall see fit and determine If in any
year the net profits are not sufficient
to pay said dividends, the deficiency
stall be a charge on the net profits
and be payable without interest be-
fore any dividends shall be paid upon
or set apart for the common stock.
The said preferred stock shall not
participate in the profits of said cor
poration beyond the amount of the