Arizona republican., 1903-03-02

laws of the Territory of Arizona. and to that end make the following state ment: FIRST: The names of the corpora tors are: Frank Butcher. H. c. Big ham. William Carnahan, s. r. Bucher, J. L. Greenwood. P. O. Butcher, and the name of the corporation shall be The Security Oil Company. The principal place in which the business of said cor porati0n within the Territory of Ari- zona is to be transacted is Phoenix, Maricopa County. Arizona, and the principal place of business of said cor pcration outside the Territory of Ari- zona shall be the City of BartlesNiiIe- in the State of Indian Territory. at which meetings of the Board of Di- rectors may be held. and the corpora- ton may have such branch offices either within or without the Territory of Arizona as may be established by the Board of Directors.
 SECOND: Tie general nature of the business proposed to be transacted by this corpera tion is as follows. to-wit:
 To make contracts; to purchase, lease. bond. locate OF otherwise acquire. own. exchange, seil, or otherwise dis pose of pledge. mortgage. hypothecate and deal in real estate and any and all kinds Of personal property, mines, min ing claims. oil lands, mineral lands, oil, gas. asphaltun, petroleum, asbes- tos. salt, water and water rights and mac hinerE. and to work, mine, explore, operate and develop the same: to do a general real estate, manufacturing and mercantile business; to own. han de asld control letters patent and h. ventions and shares of capital stock of other corporal tions; to borrow money land execute notes, bonds, mortgages, or deeds of trust to secure the same, and to exercise in respect of all such bonds, mortgages, notes, shares Of cap- ital stock and other securities and ob- ligations any and all rights, powers and privileges of individual owners thereof, including the right to vote upon any shares of stock held by 1t to | the same extent that 6 natural person might or could do, and in general to do all things necessary to the proper con- duct of the business Of this corporal ton in the Territory and elsewhere not inconsistent with the laws of the Unit ed States and the Territory oi Arizona. THIRD: The authorized amount of capital stock of this corporation shall ! sand dollars (S1. 800 .003). divided into ! Ore Million Five Hundred Thousand shares of the par value of One dol lar ($100) each. At such time as the | Board of Directors may by resolution direct, said capital stock shall be paid into this corporation either in cash or by the sale and transfer to it of real or personal property for the uses and ! { = mcnt for which shares Of the capital stock Of said corporation may be issued and the capital stock 50 issued shall thereupon and thereby become and be fully paid up and on-assessable, and in the absence of actual fraud in the transaction tie judgment of the Di- rcctors ;s to the value of the property purchased shall be conclusive.
 FOURTH: The time Of the con- 1nencement 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 termine- tion thereof shall be twenty-five years thereafter.
 FIFTH: The affairs of this corpora ton shall bA conducted by a board oi Nine Directors and the following named shall constitute the Board oi Directors until their successors are elected: T. J. Eenkins, Frank Butcher II. C. Bigham. William Carnahan, s F Butcher, J. L. Greenwood, P. o BucEer R. E. Lee Jordan. Wallace N Price.
 Thereafter the Board of Directors shall be elected from among the stock holders as the bylaws of the corpora tiCa may provide. The officers of saii corporation until their successors arc elected sfall be:
 Y. J He.ikins, President: J. L Greenwood. Vice President: F'ranl Bucller Secretary: P. o. Butcher Treas tirer
 SIXTH: Tie highest amount of in debte3ness or liability. direct or cos tingent. to which this corporation is a any time subject shall be One Hundred Thousand dollars (S1G9,0G0), which l.amount does not exceed tN0-thirds the amount of the capital stock.
 SEVENTH: The private property c the stockholders Of this c9rncratio! shall he exempt from corporate debt: of any kind Whajsoeve"
 IN WITNESS NsfI FER EOF. We hay: lc~eurto set our hands and seals thi' tWenty-frst day Of January, 1905.
 VIM. CAEEAHAN. (Seal
 H. C BICHAAI. (Sea1
 P o. BUCHER. (Seal
 s. F. BUCHER. {Seai
 FRANK BUCHER (Seal J. L. GREENWOOD (Seal Territory of Indian Territory. County o. Northern District. ss.
 On this 22nd day of Jan'y, in tn year 1903, before me. r. D. Keller, Notary Public in and for the Distric and County aforesaid, residing therein duly commissioned and sworn, person ally appeared Wm. Carnahan, H. ( Bigham P. O. Butcher, $. r. Butcher
 Frank Butcher and J. L. Greenwood
 known to me to be the persons de scribed in. whose names are subscribe
 to, and who executed the annexed in strument, and they acknowledged t me that they executed the same for th purposes and considera tiors therein ex 1 pressed.
 IN WITNESS WHEREOF, I hav hereunto set my hand and affixed m ? official seal at my office in the sai