Arizona republican., 1903-01-16

eral to do all things necessary to the
proper conduct of the business of this
corporation in the Territory and else
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 One Million Five Hundred Thousand
dollars 81, 500 ,O0O), divided into one mil
lion five hundred thousand shares of
the par value of one dollar ($1.00) each.
At such time as the Board of Direct
ors may by resolution direct. said cap-
ital stock shall be paid into this corpo-
ration either in cash or by the sale and
transfer to ii of real or personal prop
erty for the uses and purposes OF said
corporation, in payment for which
shares of the capital stock of said cor
poration may be issued. and the capital
stock so issued shall thereupon and
thereby become and be fully paid up
and on-assessable, and in the absence
of actual fraud in the transaction the
judgment of the Directors as TO the
value of the property purchased shall
be conclusive.
FOURTH: The time of the COM
mencement of this corporation shall be
the date of the filing of these Articles
of Incorporation in the office OF the
Secretary of Arizona, and the termi-
nation thereof shall be twenty-five
years thereafter.
FIFTH: The affairs of this corpora
ton shall be conducted by a Board of
Nine Directors and the following
named shall constitute the Board of
Directors until their successors are
elected: H. d. LANNOM, w. II.
GATES, s. o. BOPST, FRANK BUCH-
Err, FRED McDANIELS, ]. H. BAG
NALL. p. o. BUCHER, G. w. SUIT
TON and w. H. THOMPSON.
Thereafter the Board of Directors
shall be elected from among the
stockholders as the bylaws of the cor
poration may provide. The officers of
said corporation until their successors
are elected shall be:
FRANK BUCHER. President; w. II
Gates, Vice President; FRED Nc
DANIELS. Secretary; p. o. BUCHER,
Treasurer.
SIXTH: The highest amount of in
debtedness or liability. direct or con-
tingent, to which this corporation is al
any time subject shall be Fifty Thou
sand dollars Cs50,O0O), which amount
does not exceed two thirds the amount
of the capital stock.
SEVENTH: The private property OF
the stockholders of this corporation
shall be exempt from corporate debts
of an kind whatsoever.
IN WITNESS WHEREOF, we have
hereunto set our hands and seals this
18th day of December, 1902.
H. d. LANNOM. (SeaD
w. H. GATES. (SeaD
! FRANK BUCHER. (Sea)
FRED McDANIELS. (Seal)
]. II. BAGNALL. (SeaD
p o. BUCHER. (Seal)
w. H. THOMPSON. (Sea)
Indian Territory.
Northern District, IS.
On this 18th day of December, in
the year 1902, before me. f. D. KEEL
LER, a Notary Public in and for State
and County aforesaid, residing therein
duly commissioned and sworn, person
/ ally appeared H. u. Lannom, w. H
Gates. Frank Butcher. Fred McDaniels
| ]. H. Bagnall, p. o. Butcher, and w
II. Thompson, known to me to be the
persons described in. whose names are
subscribed to, and who executed the
annexed instrument and they ac-
knowledged to me that they executed
| the same for the purposes and consid-
/ erations therein expressed.
IN WITNESS WHEREOF, I have
herennto set my hand and affixed my
official seal, at my office in the sale
State and County the day and yeal
last above written.
(Notarial Seal)
T. d. KELLER,
Notary Public
My commission expires May 1st, 1903
Territory of Arizona,
County OF Maricopa, SIS.
I. B. F. McFall, County Recorder il
and for the County and Territory
aforesaid. hereby certify that l hav,
compared the foregoing copy with tn,
! original Articles of Incorporation o
THE CANEY VALLEY OIL & GAS
COMPANY filed and recorded in m!
! office on the 18th day of December
1902. in Book 10 of interpretations. a
! Page -, and that the same is full
true and correct copy of such origina
and of the whole thereof
Witness my hand and seal of office
this 18th day of December, 1902.
(SeaD B. F. MCCALL,
County Recorder
By a. S. ARTHUR, Deputy.
Filed and recorded in the office of tn,
Secretary of the Territory of Arizon;
this 18th day of December, A. D. 1902
at p. m.