Arizona republican., 1902-05-02
THE HOLMES OIL COMPANY.

and the principal place of business ct said corporation outsid.4 the Territory of Arizona shall be the City of Chicago i in the State of Illinois. at which the meetings of the Board of Di.ecCcrs may be held, and the corporation may | have such branch offices either within or without the Territory of Arizona as may be stablisheI by the BOara Of Oi- reCtors.
 | SECOND: The general nature of the business proposed to be transacted by this corporation is as follows, to-wit' To purchase. lease. bond. loca1e CT otherwise acquire. own, exchange, sell or otherwise dispose Of. pledge. mort gage. hypotheoate and deal i1 real estate and any and all kinds of per sonal property. mines. mining claims oil lands mineral lands. oil. gas, as phaltum. petroleum. water an j jNatei rights and machinery, and to wor;l. mine. explore operate and develop the same to do a general real estate. man ufacturing and mercantile business; 10 own. handle and control letters pateat and inventions and shares of capital stock of other corporations: 10 borrow money and execute notes. bonds, mort gages. or deeds Of trust to secure the same, and to exercise in respect of al such bonds. mortgages, notes, Sha'e ; of capital stock and other securities and obligations any and all rights. powers and privileges of indiVidHal owners thereof. including the right to vote upon any shares oi stock held by it to the same extent that natural person might or could do; and in gen eral to do all things necessary to the proper conduct of the business of th.:' corporation in the Territory and e!ac- where, not inconsistent with the laws of the United States and the Territory of Arizona.
 THIRD: The authorized amount of capital stock of this corporation shall be Two Million Five Hundred Thou sand dollars ($2,5GO. .O00OO), divided into i 2,j0a, ,CG0 shares Of the par value of One i dollar ($1.O0) each.
 At such time as the Board of Direct CTS may by resolution direct said cap it3l stock shall be paid into this corpo- "a ton either in cash CT by the sale md transfer to ii O. real or personal prop erty for the uses and purposes of said operation. in payment for which shares of the capital stock of said cor pcration may be issued and the capital stock so issued shall thereupon and i thereby become and be fully paid ID and non-assessa5 5le and in the absence of actual fraud in the transaction the judgment of the Directors as to the value of the property purchased shall 1 be conclusive.
 i FOURTH: The time of the com 1 mencement of this corporation shall be the date of the filing of these Articles Of Incorporation in the office of the 1 Secretary Of Arizona. and the termina ton thereof shall be twenty-five years thereafter.
 FIFTH: The affairs Of this corporal ton shall be conducted by Board of Five Directors and the following nam 4d shall constitute the Board of Directors until their successors are elected:
 Max, Teuber, Chicago. Ill.
 John J. Wilson. Chicago. III.
 Joseph D. Burns. Chicago. III. [ Thomas L. James. Chicago. III.
 F. R. Holmes, Chicago, III. ! Thereafter the Board of Directors shall be elected from among the stock holders as the Bylaws of the corpora ton may provide.
 SIXTH: The highest amount of in- debtedness or liability, direct or con tingent, to which this corporation is at any time subject shall be One Hundred and Thirty Thousand dollars ($130- ! G00.0O.
 i SEVENTH; The private property of the stockholders of this corporation shall be exempt from corporate deots Of any kind whatsoever.
 EIGHTH: To receive, acquire pur- chase. hold. transfer and to reissue its own capital stock and to acquire. as sign and sell the capital stock of other corporations.
 NINTH: To contract for the sale of any Of its capital stoch for less than par value in that event. if the certi- ficate shall state that the stock has been fully paid up and non n-assessd bIe and the stock mentioned in such cer- tific2te shall thereafter be deemed as fully paid up and non-assassable
 TENTH: The first annual meeting of the stockholders of this corporation shall be held on the third Tuesday ci April, 1903, and regular annual meet ings shall be held thereafter on the third Tuesday of April Of each year.
 ELEVENTH: One Million One Hun dred Thousand O,100,0OO shares of the capital stock shall be appropriated IS treasury stock to be sold as may be ordered by the Board of Directors fer the development and improvement of it's lands in other legitimate purposes of said company and the stock so sold as treasury stock shall be considered as fully paid up and non-assessable.
 IN WITNESS WHEREOF. We have hercunto set our hands and seals this eleventh day of April 1902.
 MAX TEUBEI. (Se1D JOHN J. WILSON. (SelD
 JOSEPH L. BURNS tScaO
 THOMAS l.. JAMES. (Sr3D r. k HOLMES (Scdn Stat" of Illinois
 County of Cook. ss.
 On this eleventh day of April ill the year 1902 before me Francis. < Euss"H q Notary Public in and for the State and County aforesaid. residing therein duly commissioned and sworn. person ally appeared Max Teuber. Joseph D. Burns, John J. Wilson, Thomas L. James and F. F. Holmes. known to me