Arizona republican., 1902-06-27
ARTICLES OF INCORPORATION
 OF THE THE BIG MOUND OIL COMPANY. '

KNOW ALL MEN BY THESE PRESENTS: That we, whose hands are hereunto affixed do hereby asso- ciatc ourselves together for the pur- pose 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 corpora | tors are: J. Y. s5aum, " \. S2ur;l, J. 1 E. Flynn, and the name of the corpora 1 ton shall be The Fig Mound Oil Com l pary. Tie principal place in which I the business cf said corporation within the Territory of Arizona is to be trans acted is Phoenizl, Maricopa County, Alizona. and the principal place of business Of said corporation outside the Territory Of Arizona shall be the City of Des Moines, Polk CcInty in the State of Iowa. 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 Directors. SECOND: The object and purp- fer which this corporatiou is formed and the powers which it shall exercise are the esta biishment and mainte rance of an oil company with author ity tc contract for the leese and pur- chase Of the right to prospect fer, de- Velop, bore. mine, prepare for market and use natural gas, coal, petroleum. natural oil of any variety, sulphur and other minerals, and to the accomplish ment of said purposes to own and hold, to lease, purchase and otherwise con tract fer and procure such lands and premises as are necessary to carry on the business of said corporation; and to seil or lease the whole or any part thereof to ether persons CT cOrpora- tions: and also to erect, construct, build and own such buiIdingG, derricks, | reservoir tanks, pipe lines, cars and such other structures, appliances and conveniences thereon and therein as are necessary in and about and for the development. use, preparation for mar Eee and marketing, freightage or pcrtatiCn Of such product ana the maintenance and operation Of the business of this corporation; to pur- chase. lease and contract for, and to hold and own such lands, teHemeHts, easements, franchises and the rights therein as may be required for such derricks. tanks, pipe lines, reservoirs and other necessaries and conVen- i fences of said business: tc sell and to hold and own natural gas, oil, petro- l leur}, coal. sulphur and other minerals. 2s well the right to prospect for and develop the same and to enjoy all the powers, privileges and franchises granted to ike corporations under the Constitution and jaws of the Territory of Arizona.
 ! capital stock of this corporation snail be Ore Million Dollars ($1O00, 09900) divided into One Million shares Cf the par value O. One Dollar ($1GG) each < such time as the Board cf Directors may by resolution direct, said capital stock shall be paid into this corpora tion either in cash CT by sale and transfer to it of real or personal prop crty for the uses and purposes of said cooperation, in payment for which ! shares of the capital stock of said cor i por2ticn may be issued. and the capi- tai stock so issued shall thereup1n and thel eby become and be fully paid up 1 and non-assessa hle. and il the absence | or actual fraud ir the transaction the judgment of the Directors as to the .aIuo Of the property put chased shall 1 he conclusive.
 FOURTH: The time Of the com mencement of this corporation shall be l the date Of the niing oi these Articles | of Incol poration in the office of the Secretary of Arizona, and the termina 1ica thereof shall be twenty-five years thereafter.
 FIFTH: The affairs of this corpora ticn shall be conducted by q Board of three Directors and the following named shalt constitute the Board Of Directors until their successors are elected. J. Y. Saum W 4. Saum j. !i. Flynn. Thereafter the Board of Directors shall be elected from arlcng the stockholders ;.s the bylaws of the corporation may provide.
 SIXTH: The highest amount of in- ] dehtcdncss or liability, direct or con- tinSent, to which this corporation is at any time subject shall be twenty five thousand dollars ($2j,50o00}.
 SEVENTH: The private property of the stockholders ci this corporation shall be exempt frcm corporate debts of anF kind Wha ;soever.
 IN WITNESS WHEREOF. We have hcycuItn set our hands and seals this f.th Gay of June. 1892
 J. r.. F!lNN. (SeaD
 j. '. 5htM. CSran
 V. A SAIM t;ScaD :5tatr of Iowa.
 County of Polk se.
 On this 17th day of June, in the year 1992, before me, P. C. I-owenberg, q Notary Public in and for the State and County aforesaid, residing therein dUly commissioned and sworn. person. ally appeared J. Y. Saun2, ". A. Saum and J. 3. Flynn, known to me to be the rersoEs described in, whose names are subscribed tc, and who executed the annexed instrument and they ac- krGWledgol to me that they executed the same for the purposes and consid- cIatiols therein expressed.
 IN WITNESS WHEREOF. I have hereurto set my hand and affixed my official seal at my office in the said State ard County, the day and year last above written.
 (N9t2Tial fcIlO
 I. G. LOW tNBEECi.
 N,t-tI.,- Ip,1I,Ii,-