Graham guardian., 1905-10-06
First Publication Sept. SO Weeks
ARTICLES OF INCORPORATION
Of the
Arizona Oil Company.
lNow ALL MEN BY THESE PRESENTS


KNOW ALL MEN BY THESE PRESENTS;
| That we whose names are heereunto sub.
soribed, do hereby associate ourselves together
| for the purpose OF forming A Corporation under
the laws Of the Territory Of Arizona, and TO that
end do adopt the following ARTICLES OF
Article 1.-The names Of the Incorporators are
| Henry Hill, Peter Anderson, Geo. a, Olneyi T. y.
| Prina aud A. I, 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 Stafford,
| Graham County, Arizona Territory, but the
| Board of Directors may establish branch offices
| al 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 drill and bore
| for oil gas, and water, to develop and prospect
| for oil. asphaltum petroleum, and develop ar
| tesinn water and acquire water rights, to con-
| struct,own and acquire franchises forsupplying
towns and communities with water for domes-
| tic and other purposes, TO own and construct
reservoirs for impounding water to own and
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 all kinds of mines and to own and
operate the necessary machinery for success
| fully operating the same. buy, sell, own and
control real estate and personal property and to
1
| do all things necessary for the successful con-
duct of the business OF this corporation,
Article III-The authorized amount of capital
| stock of this corporation shall be one million
dollars S 600 OOO) divided into one million shares
Of the par value of (Sl.00l 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 sale and trans.
fer Of real OF personal property for the uses and
purposes OF said corporation, in payment of
which shares of capital stock Of said corpora
tion may be issued and be fully paid up and
worcestershire, and in the absence Of actual
fraud in the transactions the iudgmentot the
Board of Directors as to value of tho property
purchased shall be conclusive.
Article IV--The time of the commencement
of this corporation shall be the date Of the fl
ing ofthese Articles Of lncorpol alton in the Of,
fee of the county Recorder and the Auditor of
Arizona and the termination thereof shall be
twenty-five years thereafter.
Article V-The affairs of this corporation
shall be conduete1by 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
AndersD on, Geo a, Olney, z. G. Prlna and A. i.
Coltoi: and thereafter the Board of Directors
shall be elected from the stockholders on the
first Monday OF August OF each succeeding
year. The officers Of said corporation shall be
Henry Hill PRECEDENT Geo. A. Olney, vice
president; uitOn, secretary; U. G, Prina,
treasurer; who ha1 hold office until their sue
cessors are elected.
Article VI-The highest amount of indebted
ness or liability, direct or contingent, to which
this corporation is at any time subject shall be
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 of any and all kind
whatever.
In witness VIII ereof we have hereunto set our
hands and seals this the oath day of August,
1905,
Henry Hill,
Peter Anderson,
Geo. A. Olney,
2. C. Prina,
Albert I. Cotton.