Graham guardian., 1905-09-08
First Publication Sept. SO Weeks
ARTICLES OF INC0RP0RA TlOh
of the
Arizona Oil Company.

KNOW ALL MEN BY THESE PRESENTS:
That we whose names are heereunto sub
| scribed, do hereby associate ourselves together
| for the purpose of forming n Corporation under
the laws Of the Territory Of Arizona, and to that
end do adopt the following ARTICLES OF
! INCORPORATION;
Article 1.-THE names of the incorporates are
Henry Hill, Peter Anderson, Geo. A. Olney, u. e.
| Prina and A. T. Cotton, and the name OF the
| Corporation shall be Arizona Oil Company, and
| the principal place In which the business of
said Corporation is to be transacted is Safford
| Graham County, Arizona Territory, but the
Board OF Directors may establish branch Offices
at any other place in the Territory of Arizona
or in any other state or Territory OF the United
States or the Republic of Mexico as they may
deem best for the business Of the Corporation.
Article 1.-THE general nature Of the business
proposed to be transacted by this corporation is
as follows To own, lease, rent, bond and ac-
quire oil, coal and gas lands, and dril and bore
| for oil gas, and water, to develop and prospect
| for oil asphaltum, petroleum, and develop ar
| tesian water and acquire water rights, to con-
struet,ow and acquire franchises for supplying
towns and communities with water for domes-
tic and other purposes, to own and construct
construct pipe lines, to convey water, oil, gas,
| asphaltum and petroleum, to construct own
aud maintain power for generating electricity
\ for lighting and power purposes, to own and
operate ali kinds OF mines and to own and
loperate the necessary machinery for success.
| fully operating the same, buy, sell, own and
conduct a general merchandise business and 10
\ do all things necessary for the successful con-
duet Of the business OF this corporation,
Article lII-The authorized amount of capital
| stock OF this corporation shall be one million
dollars Isl 600 0O0 divided into one million shares
| of the par value of lSl.00) each AZ 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 sale and trans
fer of real or personal property for the uses and
purposes s OF said M corp9ranon' i IN pa payment OF
tion may be issued, and be fully paid up and
| worcestershire, and in the absence OF actual
fraud in the transactions the Judgment OF the
Board of Directors as to value of the property
purchased shall be conclusive.
| Article IV-The time Of the commencement
ofthis corporation shall be the date of the I'll
ing ofthese Articles Of Incorpol alton in tine of,
flee Of the county Recorder and the Auditor of
Arizona and the termination thereof shall be
twenty five years thereafter.
Article N-The affairs OF this corporation
shall be conducted by board of FIVE directors
\ and the following named persons shall con-
| stitute the board OF directors until their sue
cessors are duly elected Henry Hill, Peter
Anderson, Geo. X, olney, 2. c, Prina and A. T.
Cotton; and thereafter the Board of Directors
shall be elected from the stockholders on the
year. The officers of said corporation shall be
| Henry Hill, president Geo. A. 0lney, vice.
presidents A. I, Cotton, secretary; 2; g, Prina,
treasurer who shall hold office until their sue
cessors are elected.
Article VI-The highest amount of indebted
| ness or liability, direct or contingent, to which
tulh COrpOthllOn iS az any lllhe SUBJECT Snhll De
six hundred thousand dollars, which does not
| exceed two thirds Of the amount of the capital
stock.
Article VII-The private property Of the
stock holders of this corporation shall be ex-
empt from corporate debts ofany and all kind
whatever.
In witness whereof we have hereuntO set our
hands and seals this the 2ith day ofAugust,
1905,
Henry Hill.
Peter Anderson,
Geo, A. Olnsy,
o, @. Prina,
Albert T. Cotton,