The oasis., 1904-04-02
ARTICLES oY IScoRPoRATIoN
 OF THE SON0ITA OIL COMPANY.

! IOTInIUE FWTDOTNTIOH 1 Territory Of Arizona, hove this day vonntar- ] fly associated ourselves together into body polite and corporate, and do hereby make, | sign. and acknowledge. each for himself, these
 Articles or IncOrporatsOn, and do hereby certify.
 1 L The name of this corporation, and by which it shall be authorized to act, is the | sonoita Oil Company.
 1 II. The nam.s of the incOrporators are C. A. Hartman, c. E. Tuttle, L.. W; Jimmie J. Teeter, E. Murray, C. N. Thomas and C. K Brown. The principal office or place Of trans acting the business oi this corporation shall be at the town of Nogales, Santa Cruz County, Territory Of Arizona, with branch offices at such other place or places, either in the United States foreign countries, as the Board Of Directors may from time 10 time determine. IT. The time of the commencement Of this corporation shall be the date of the filing of it's Articles of lncor poration in the office ol the County Recorder of Santa Cruz County, Ari- zona, and certified copy thereof in the office of the Auditor for the Territory Of Arizona, and the termination thereof shall be twenty ! five years thereafter.
 " The amount of the capital stock of this corporation shall be Five Million Dollars ! t$5 UO0, ,000l divided into five million shares of the par value of One Dollar each. At such times and under such conditions the Board of Directors may direct said capital stock shall be paid into the corporation, either in cash or by sale or transfer tn it of real or per sonal property, for the uses and purp0s of said corporation, Tn pay-ior which shares oi the capital stock shall be issued and said stock when issued shall be fully paid and non be. The capital stock may be increased or decreased by the affirmative vote of q majority Of the stock then issued; but in case Of the increase Oi the capital stock each share holder shall have the privilege of subscribing for such number of shares of the proposed in crease AS he may be entitled to according 10 the number of shares held by hlm before the stock is increased
 v The highest amount of indebtedness or liability. either direct or contingent, 10 which this corporation is any time to subject itself,
 
 Dollars tSl ,0000 900 and the private property of the stock holders of this corporation shall be exempt from the payment of It's corporate debts
 VI The general nature of the business to be transacted by this corporation IS to locate. buy, bond, acqure, hold, own, lease, possess, operate or sell. mortgage, pledge, hypothecate orOtherwise dispose ol oil lands, mineral lanes, oil, gas, asphaltum. petroleum -or. any of their products. ater and water rights, tOwnsltes and real estate Of all Kinds and interests in any or the said properties; to engage in and carry on the business of drilling wells, building and operating rehneries, pipe lines and pumping stations bui ding and operating railroads and telephone and telegraph lines; to acquire title either in the United States or foreign countries Co oil or mineral lands Of all kinds, any and all kinds of machinery, personal property and all other property oi any nature whatsoever requisite and necessary for the transaction of Us business to work, dispose Of and deal in the same and in the prOducis thereof; t0 carry on and conduct general merchandise business and to that end deal In any and all commodities Of every kind neces sary to the successful conduct of said business; to purchase, hold, own. control and deal in the shares and properties ot other companies and corporations, t0 own, handle and control letters patent and inventionsi to borrow money and execute notes, bonds, mortgages or deeds of trust to secure the same, and gen erally to do things necessary or incident to the proper conduct of the business of this cor poratiOu, and to do and perform each and every net and thing W hich is lawful for natural persons 10 do; all of which business or occupa- tions may be carried on aL such places, either in the United States or foreign countries as the Board of Directors may deem for the best in- terests of the corporation.
 VII The business affairs of this corporation shall be under the management and control and shall be conducted by Board oi Directors consisting of no less than three or no more than nine members, each of whom shall be stockhoder and wherever any Director ceases to be stock holder he shall at the same time cease to be director. They shall be elected annually by the stock ckholders at their regular annual meeting which shall be held at any of the offices Of the corporation on the first MOn- day of March in each year, and sha,l hold their offices until their suoct ss0rs are elected and qualified. Any vacancy in the Board Of Direc- tors may be filled by the remaining members of the Board by appointment from among the stockholders, and such appointment shall be for the unexpired term for which the appoint ment is made. The first Board of Directors shall consist of the ineorporators whose names are hereto subscribed. majority of the Board of Directors shall constitute a quorum Tor the transnctOn or Dusllless.
 VIII Within ten days after the election of any Board of Directors they shall meet al any of the offices of the corporation and elect the officers of this corporation, who shall be a president, vice president, secretary and treas urer, and such other minor officers or agents as the Board of Directors may deem necessary for the best interests of the corporation. The pre- sident, secretary and treasurer shall be mem bers of the Board of Directors and the office of Secretary and that of Treasurer may be filled | by the same person All the officers shall hold ! their office during the life of the Board of Directors by whom they are elected and until i their successors are elected and qualified unless f sooner removed by a vote of two thirds of the i Directors.
 IN. These Articles of Incorporation may be altered or amended at any regular meeting of the stockholders or at any special meeting called for that purpose by Il affirmative vote of the majority of the stock then issued; and the Board of Directors or any three stock holders may call meeting of the stockholders for this or any other purpose not inconsistent with law. but notice of such proposed amend ment shall be given to each stock holder, either personally or m writing, at least twenty days prior to the meeting at which such amend npnt shall be voted upon.