The news-herald., 1903-01-24
ARTICLES OF Incorporation
'e'N
OF THE
CHANDLER OIL COMPANY.

That we, the undersigned. nave llll0
dav voluntarily associated ourselves TO-
gether for the purpose OF forming cor
poration under the laws of the Ierrlto-
ry of Arizona, and do hereby make, eH.
ecute and adopt the following Articles OF
Incorporation
Article /. The name of said Corpora
ton shall be Chandler Oil Company,
and its principal place of transactlng
business shall be at Phoenix, Marlcopa
County, Arizona, with branch o1hces, at
Chicago, Illinois and at such otler
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 ana
all of the business may be transacted,
Article H. The general nature OF the
different kinds of business proposed 10
he transacted by this Corporation Is as
follows, tO-Wit:
To purchase, lease, locate, bond or, o.
therWise acquire, own, exchange, sell or
otherwise dispose of, pledge, mortgage,
hypothecate and deal in, work, mine,
explore and develop mining CLAIMS, OIL
mineral, timber and agricultural LANDS:
oil, gas, asphaltum, petroleum, water
and water rights. -,
To do a general real estate; mercantile
and mining business in all its branches.
To own, handle and CONTROL letters
patent and inventions.
To borrow money and execute mort
cages or deeds of trust. to secure the
same, to issue bonds and other evld licences
of indebtedness, and in 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 per-
petual succession to sue and be sued
by its corporate name to have COM
mon seal and alter the same at pleasure;
to prescribe the mode of making trans
fer of stock or interests of its stOckhold-
ers to make contracts to acquire and
transfer property of every kind and de-
scription, both real and personal, and to
possess the same powers in such respects
as private individuals. now enjoy; to es-
tablish bylaws and make all rules and
regulations deemed expedient for 1.-The
management of its affairs, not inconsist-
cnt 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 Corporation shall be One
Million Dollars ($1 900, 100000, divided
into One Million q 1000, 0,O00.O0) shares, Of
the par value of One Dollar($1 00) each,
fully paid up and forever worcestershire:
Article Y. The time of the commence
ment of this Corporation shall be the
date of the filing of these Articles of In
corporation in the office of the Secretary
of Arizona, and the termination thereof
shall he twenty-five years thereafter.
Article VI. The affairs of this Corpo-
ration shall be conducted by Board of
Seven Directors, who shall be elected
annually by the stockholders Of the Cor
porati0n on the first Monday of Novem-
Der in each year. Until the first Mon
day of November, 1908, the following
named persons shall serve as Directors
Arthur L. Hayes, William Kendall, JO-
seph F. Chandler, Peter c. Kendall.
Article VII. The highest amount of
Indebtedness or liability, direct or con-
tingent, to which this corporation shall
subject itself at any time, is One Hun
dred Thousand Dollars ($1O0, ,O0000).
Article VIII. The private property OF
the stockholders of this Corporation
shall be exempt from all corporate
debts.
In WITNESS WHEREOF, We have here
unto set our hands and seals this first
day of November, 1902.
William Kendall [Seal]
Arthur L. Hayes [Seal1
Peter c. Kendall [Seall
State of Illinois
County of Cook
Onthis first day of No
vember, in the year 1902 before me.
Writ f. Humphrey, Commissioner OF
deeds for Arizona in and for the State
and County aforesaid, residing therein
duly commissioned and sworn, person
ally appeared William Kendall, Arthur
L. Hayes and Peter Kendall, known. ,tc
me to be the persons described in, whose
names are subscribed to, and who exc
cuted the annexed instrument, and they
acknowledged to me that they executed
the same far the purposes and consider.
ations therein expressed.
In Witness Whereof, l have hereuntc
set my hand and affixed my Official Sea-
at my office in the said State and Coun.
ty, the day and year last above written
Official Seal) Writ E. Humphrey
United States Commissioner fol
the Northern District OF Illinois
Territory of Arizona,
ss.
County of Maricopa.
l, B. F. McFalE
County Recorder in and for the County
and Territory aforesaid, hereby certify