The news-herald., 1903-01-03
ARTICLES OF INCORPORATION
OF The
'EXAS OIL SECURITIES COMPANY
LIMITED.

LIMITED.
l. We, the undersigned, agree 10
form corporation under the laws Oi
| the Territory of Arizona under the
maze of the Texas Oil Securities Corr
pany, Limited with its principal
place of tranSacting business at Phoe-
NIX, Arizona, with a branch office III
new York City, state of New York.
2. The business of said corporation
shall be to purchase, lease, bond CE
otherwise acquire; own, exchange, sell
or otherwise dispose Of; pledge, mort
gage, hypothecate and deal in mines,
mining claims, oil lands, oil, gas, as
phaltum, petroleum, water and water
rights and to work the same; to do a
general real estate and mercantile bus
| mess, and in general, to do all things
necessary to the proper conduct Of the
business of the corporation in the ter
ritory and elsewhere, not inconsistent
with the laws of the United States and
the Territory Of Arizona.
8. The objects for which the corpo
ration is formed are: To acquire by
purchase, subscription or otherwise,
and to hold as investment, any bonds
or other securities or evidence of in
debtedness, CT any shares of capital
Ofh
corporation or corporations, association
or associations, Of the Territory of Art
zona or of any other state, territory e.
country.
T. To purchase, hold, sell, assign,
transfer, mortgage, pledge or other
wise dispose of, any bonds or other
securities or evidences of Indebtedness
created or issued by any other corpo-
ration or corporations, association OF
associations, of the Territory of Ari-
xona, or Of any other territory, state OF
country, and while owner thereof, {
exercise ell the rights, powers aud
privileges OF ownership.
5. To purchase, hold sell, assign,
transfer, mortgage, pledge Or other
yise dispose Of shares of the capital
stock Of any other corporation or col
porations, association or associations
of the Territory of Arizona or of any
other territory, state or country; and
while owner of such stock to exercise
all the rights, powers and privileges
Of ownership, including the right to
vote thereon.
6 To aid in any manner any cor
poration or association Uf which any
bonds or other securities or evidences
of indebtedness or stock are held by
the corporation; and to do any act 0I
things designed to protect, improve or
enhance the value of any such bonds or
otner securities or evidences Of ind2Dt-
edness or STOCK.
Z. The corporation shall have power
TO conduct its business III other terri
tories, states and in foreign countries,
ana to have one or more Offices out If
this territory, and to hold, purchase,
mortgage and convey real and persona
property outside of this territory.
s. The capital stock of said corpora
ton shall be i've million dollars (S5.~
000, 100000 or one million pounds ster-
ling (e1,0GO, ,C00), divided into one mil
lion shares of the par value of five
dollars, or one pound each, which stock
shall be issued paid up and assess
able in exchange for cash, services Or
property.
g. The business of said corporation
shall be conducted by a board of three
directors, who shall be elected annually
by the stockholders of this corporation.
10. The corporation shall commence
business on the date these articles nre
filed in the Office Of the Secretary Of
Arizona, and shall terminate twenty
five years thereafter.
Ii. The highest mount of indebted
ness, direct or contingent, to which this
corporation shall subject itself at any
time is five hundred thousand dollars
$500. 100000.
II. The private property of stock
holders of this corporation shall be
exempt from it's corporate debts.
13. That G. H. Akers, a resident Of
Phoenix, Arizona, for three years last
past, is the agent Of this company, upon
whom all notices and processes, includ-
ing all services of summons, may he
served
! In witness whereof, we have here