The news-herald., 1902-02-08
Articles Of incorporation
of the
TEX.LA OIL g. REFINING
COMPANY.

KNOW ALL MEN BY THESE PRESENTS:
That we, the undersigned, have this day vol
UNFAIRLY associated ourselves together for the
purpose of orming a Corporation under the
laws of the Territory of Arizona, and do hereby
make, execute and adopt the following Arti-
cles of Incorporation:
CHAPTER I.
The name of said Corporation shall be Tex
La Oil Refining Company, and its principal
place of transacting business shall be at Phoe-
nix, Maricopa County, Arizona, with branch
offices at Houston, Texas, and at such other
places as may be determined 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 trans
acted.
CHAPTER II.
The general nature of the different kinds OF
business proposed to be transacted by this Cor
| poration 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 do general real estate, mercantile and
| mining business in all its branches.
| To own, handle and control lettc patent
and inventions.
! To borrow money and execute mortgages or
deeds of trust to secure the same, to issue
bonds and other evidences of indebtedness,
and in general do all things necessary to the
proper conduct of the business of this corpora
ton, not inconsistent with the laws of the
United States and the Territory of Arizona.
To prospect, mine and operate for oil, gas,
salt, sulpher, copper, and other minerals and
mineral products; to build and operate tank
cars and pipe lines to handle the products of
such corporation; to bore and put down wells
for oil, gas or other products, and to. o.develop
the same, and to refine, use, reduce, manufac-
ture and handle the product of such wells, to
buy and sell oil and oil wells and mines of all
kinds and operate the same; to buy and sell
all kinds OF property; to at any time dispose
of any portion or the whole of the property be-
longing to this corporation, by and with the con-
sent of thirds of the capital stock issued and
by outstanding, and by action of the directors
so authorized; 10 do any and all of the things
hereinbefore set forth to the same extent that
natural persons might or could do, and in any
part of the world, as principals, agents, con-
tractors, trustees or otherwise, either alone or
in company with others.
ARTICLE III.
Among the powers of this body corporate
shall be: To have perpetual succession; to
sue and be sued by its corporate name; to have
common seal and alter the same at pleasure;
to prescribe the mode of making transfer of
stock or interests of it's 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 in such
respects As private individuals now enjoy; to
establish bylaws and make all rules and reg
ulations deemed expedient for the manage
ment of its affairs, not inconsistent with the
laws and Constitution of the United States and
the laws of the Territory of Arizona.
ARTICLE ".
The amount of capital stock of the Corpora
ton shall be Five Million dolars{$5 Oo0, ,0OOOO),
divided into Fifty Million [500oO,O0ol shares, of
the par value of ten cents each, fully paid up
and forever nOn-asssessable.
r ARTICLE v.
The time of the commencement of this Cor
poration shall be the date of the filing 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.
The affairs of this Corporation shall be con-
Quoted by Board of nine [9] Directors, who
shall be elected annually by the stockholders
of the Corporation en- the First [1stl day of De-
cember in each year.. Until the first day of
December 1902, the following named persons
shall serve as Directors: Walter C. Jones, Gal
| weston, Tex. A. Mcgary, Austin, Tex; S. C.
Brasher, Noah Allen, L. A. Hamburger, Hous-
ton, Tex; c. G. Watkins, Cedar Rapids Iowa;
C. J. G. Lewrey Galveston, Tex; Geo. B. Lang
and R. w. Mccormick, Rosenberg, Tex.
:" ARTICLE VII.
| The highest amount of Indebtedness or liza
bility, direct hr contingent, to which this Cor
| poration shall subject itself at any time, is
| One Million dollars Isl, ,O00 O00.l
| ARTICLE VIII:
The private property of the stockholders OF
the stockholders of this Corporation shall be
exempt from all corporate debts.
| IN WITNESS WHEREOF, We have hereunto set
our hands and seals this 3Oth day of Novem
| Der, 1901. NOAH ALLEN, (sEAL)
L. A. HAMBURGER, tsEAL)
| GEO. B. LANG. (SEAL)