Arizona republican., 1903-01-11

by it to the same extent that a natural person might or could do; and in gen 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 auth orized amount Of capital stock of this corporation shall be One Million Five Hundred Thousand dollars 1,50O,O ,OOo), divided into one mil lion five hundred thousand shares of the par value of one dollar Gi.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 it of real or personal prop erty for the uses and purposes O; 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 non-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 n,encement of this corporation shall be the date of the filing Of these Articles of Incorporation in the office oi the Secretary Of Arizona, and the termi- ration thereof shall be twenty-five years thereafter.
 FIFTH: The affairs of this corpora ton shall be conducted by a Board of
 
 named shall constitute the Board of Directors until their successors are elected: II. D. LANNOM. w. H. GATES. S. O. BOPST, FRANK BUCH- FER. FRED McDANIELS, J, H. BAG NALL. P. O. BUCHER, G. w. sur 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. H. Gates. Vice President: FRED Me DANIELS. Secretary; P. O. BUCHER, Treasurer.
 SIXTH: The highest amount of in- | debtedness or liability, direct or con N4HBtHls AD NillNll AAAAS Nbi BC4 oNAbA4 AS ' any time subject shall be Fifty Thou sand dollars (s5O,OOO). 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 l2th day of December. 1902. H. D. LANNOM. CSeaD w. H. GATES. (SeaD FRANK BUCHER. (SeaD FRED McDANIELS. (SeaD 1 J. H. BAGNALL. (SeaD P. O. BUCHER. CSeaD w II. THOMPSON. (SeaD Indian Territory.
 Northern District. ss. On this 12th 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 IT. D. Lannom. W. II Gates. Frank Butcher. Fred McDaniels J. If. Bagnall, P. O. Butcher. and w H. 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 i the same for the purposes and consid- erations therein expressed. 1 IN WITNESS WHEREOF. I have , hereunto set my hand and affixed my ' official seal. at my office in the said | State and County the day and year | last above written.
 (Notarial SealD
 F. D. KELLER, Notary Public My commission expires May lst. 1908 ] Territory of Arizona.
 1 County oi Maricopa, ss. | I. E. F. McFall. County Recorder ir ! and for the County and Territory aforesaid. hereby certify that l hay, compared the foregoing copy with tho original Articles of Incorporation o ] THE CANEY VALLEY OIL & GAS | COMPANY filed and recorded in ml office on the 17th day of December | 1902, in Book 13 of Interpretations. al ! Page -, and that the same is a full | true and correct copy of such origina and of the whole thereof. Witness my hand and seal of office this 17th day of December. 1902. | (SeaD E. F. McFALL.
 County Recorder | By A. s. ARTHUR. Deputy Filed and recorded in the office of the | Secretary of the Territory of Arizona | this 17th day of December A D. 1902 at ? p. m.