Arizona republican., 1905-11-07

transacted, is Phoenix Maricopa county,
r Arizona, and the corporation may estab-
lish branch offices within or outside OF
said territory where the meetings of the
directors and stockholders may De held
and the ordinary business of the corpor-
alton may be transacted. including the
execution of all deeds, documents and
writings bearing the corporate seal of
the said corporation, and the transferring
of shares of this corporation and the is
suing certificates thereof.
90 The general nature of the business
proposed to be transacted and the pur-
poses for which this corporation is form
ed are as follows:
in Arizona or any state. or territory of
the United States of America, or the
United States of Mexico
b. To make contracts, purchase, lease,
bond, locate, devise, or otherwise ac-
quire, own, sell, exchange or otherwise
dispose of. pledge, mortgage, hypothe-
cate and deal in real estate in either or
both of the said countries and In all
other kinds of property, mines, mining
! asphaltum, petroleum, water and water
rights, and machinery, and to work,
mine, explore, operate and develop same;
C. To erect and maintain in either OF
| the said countries all machinery and
plants for the purpose of reducing ores
or for any other operations of this COM
pany.
d. To erect and maintain tanks and
| store-houses placed for storing petroleum
! UT OlHeT SuDSldICeS, anu 10 carry OIL the
| business of buying and selling goods and
merchandise.
e. To subscribe for and purchase stock
| and shares in any other corporation, or
| corporate company, and to become
stock or shareholder in any other cor
| poration.
f. To build, erect, maintain and oper-
| ate rail or other roads and tramways,
| for the carriage of passengers, ores or
erty owned by this company. to connect
with any railroad or water way or town.
| G. To erect and maintain electric light
| and other plants, and to generate and
h. To erect and maintain telegraph
| and telephone lines and to operate the
| same.
i. To erect and maintain pipe and 9TH
| er lines for the purpose of conveying
| water, oil, petroleum, and other sub
j. To develop water and supply the
same for irrigating, domestic, mining
| and other purposes.
k. To acquire from F. E. Yoakum. one
| of the incorporators hereof, all OF his
| interest in the property known as Dilu-
VIC de Orc, in Sinaloa.. .....................
'''''''''' ''''-''''''' -''-''...''''''''. '''.'.
..;.:..'.... .................. ......
Mexico, and to carry out an agreement
| between the incorporators hereof for the
| purchase thereof by this company when
| iEcor-H ted.
| 90 The authorized capital of this COM
| pany shall be five hundred thousand
| $500, OO0) dollars, divided into five thous-
and 5000 shares of the par value of one
| be paid in at such time and place as the
directors, for the time being of this COM
pany, by resolution, shall direct, and may
be so paid in either in cash or by the
purchase and transfer to it of shares in
any other corporation or company or for
such considerations as are not inconsis-
tent with the laws of Arizona, and
the board of directors for the time being
shall consider good, and on sucn pay
ment. the capital stock so issued shall
thereby become paid up and non-assess-
able and the judgment of the directors
as to the value of the said property pur-
chased or considerations given for the
said stock shall be conclusive as against
the said corporation, its officers, direc-
tors, or stockholders, and all other per-
son or persons.
"a The time of the commencement of
this corporation shall be the date of the
filing of a certified copy of these articles
OF incorporation in the office of the coun-
ty recorder of Maricopa county, Arizona,
and the termination thereof shall be %
years thereafter.
90 The affairs of this corporation shall
be conducted by board of three direc-
tors, with power at any time, by unani-
vacancies in the board, or to increase the
number of directors to nine. The Follow
ing named shall constitute the board of
directors until their successors are elect
ed or appointed: r. d. Yoakum, F. E.
Yoakum and D. NJ. Mcdonald. There
after the board of directors shall be
the second Tuesday of January in each
year, or so soon thereafter as the meet
ing InereO1 snail be held.
60 The officers of the said corporation.
until their successors are elected shall
be: r. d. Yoakum, president and gen
eral manager; F. E. Yoakum, vice-pTesi-
dent. secretary and treasurer. with hover
in case of the death or resignation of any
one or more of such officers, to appoint
some other person or persons to act in
or resigning. -1'.'7
CD The highest amount of indebted
ness or liability direct or contingent to
which this corporation is at any time to
be subject shall be sl5O,OOO which amount
does not exceed two-thirds of the said
81 The private property of the stock
holders of this corporation shall be ex-
empt from any liabilities of any kind
liabilities of this corporation
IN WITNESS WHEREOF. We have
hereunto set our hands and seals this
10Th day ofAugu st. 1905.
D, N. M'BoNA1D. } seal
State of California,
County of Los Angcles,-ss
On this 18th day of August. in the year
OF our Lord one thousand nine hundred
and five, before me- Maude Cooper, a
notary public in and for the county of
Los Angeles, state of California, duly
commissioned and sworn, and residing
KUN, and D. NJ. Mcdonald known to
me to be the persons whose names are
subscribed to the within instrument and
acknowledged to me that they executed
the same for the intents and purposes
therein mentioned.
IN WITNESS WHEREOF. have
hereunto set my hand and affixed nv
official seal the day and year in this GER
tificate first above written
lSeaD MAUDE COOPER.
Notary Public I'm and for the said county
of Los Angeles, California.
State of Missouri
City of st. Louis-ss
On this goth day of August. in the year
of our Lord one thousand nine hundred
and five, before me, a notary public in
and for the county of st. Louis, state of
and residing therein, personally appeared
X. d. Yoakum, known to me to be the
person whose name is subscribed to the
within instrument, and acknowledges TO
me that he executed the same for the
intents and purposes therein mentioned. |
IN WITNESS WHEREOF have
hereunto set my hand, and affixed nv
Official seal the day and year in this
certificate first above written
SSeaD FRANCES A. HOOVER,