The news-herald., 1902-01-25
Articles OG EmcOrporaGio1
Of the
DAVIS OH GO.

KNOW ALL MEN BY THESE PRESENTS
That we, the undersigned, have this day Yoiun
tarily associated ourselves together for the
purpose of forming a Corporation under the
laws of the Territory Of Arizona, and do here
by make, execute and adopt the following Ar
ticles of Incorporation:
ARTICLE I.
The name Of said Corporation shall be Davis
Oil Co., and its principal place of transacting
business shall be at Phoenix, Maricopa County,
Arizona, with branch Offices at Chicago, Hi
nois, and at such other places as may be de,
termined by the Board Of Directors, where
regular and special meetings of the directors
and stockholders may be held and any and all
of the business may be transacted.
ARTICLEII.
The general nature of the different kinds Of
business proposed to be transacted by this Cor
por&tion is as follows, to-wit:
TO purchase, lease locate, bond or otherwise
acquire, own, exchange, sell or otherwise dis
pose of, pledge mortgage, hypothecate and
deal in, work, mine, explore and develop min
ing claims, oil, mineral, timber and agricul-
tural lands, oil, gas, asphaltum, petroleum,
water and water rights.
To borrow money and execute mortgages or
deeds of trust to secure the same, to issue bonds
and other evidences of indebtedness, and iii
general do all things necessary to the proper
conduct of the business of this corporation,
not inconsistent with the laws Of the United
States and the Territory of Arizona.
ARTICLE III.
Among the powers of this body corporate
shall be: To have perpetual succession; to
c11a nd no sued nv it's oornora ta n mo. tn h We
common seal and alter the same at pleasure;
to prescribe the mode Of making transfer Of
stock or interests Of its stockholders; to make
contracts; to acquire and transfer property OF
every kind and description, both real and per
sonal, and to possess the same powers il su6iT
respects as private individuals now enjoy; to
establish bylaws and make all rules and regu-
lations deemed cxpedient for the management
Of its affairs, not inconsistent with the laws
and Constitution OF the United States and the
laws Of the Territory offArizona.
ARTICLE ".
The amount of the capital stock Of the Co.'S
poration shall be One Million dollars Isl 0Oo,-
0O0.00), divided into One Million Q,O00, ,00O)
shares, Of the par value of One Dollar ($1,00)
each fully paid up and forever non-assessable.
ARTICLEV.
The time of the commencement of this Cor
pOration shall be the date of the fling of these
Articles of Incorporation in the Office of the
Secretary of Arizona, and the termination
thereof shall be twenty-five years thereafter.
ARTICLE VI %
r The affairs OF this Corporation shall be con
Quoted by Board of five Directors, who shall
be elected annually by the stockholders of the
Corporation on the 18th day Of January in
each year. Until the 18th Gay of January,
1903, the following named persons shall serve
as Directors: Joseph F. Chandler, George R.
Davis, Nicholas Michels, William Kendall and
Arthur L. Hayes
ARTICLE VII.
The highest amount Of Indebtedness or liz
bility, direct OF contingent, to which this Cor
poration shall subject itself at any time is one
hundred thousand dollars ($1G0,00O,O0)
ARTICLE VIII.
The private property of the stockholders of
this Corporation shall be exempt from all cor
pOrate debts.
In Witness Whereof, We have hereunto set
our hands and seals this 18th day Of January,
1902. GEO. r. DAVIS, (syA11
WILLIAM KENDALL, (sEAL)
APTHITR T. JT AVTTC /sC.1N