Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1907-07-16
ARTICLES or iScoRroASTIoN.
OF THE.
ALSO OIL AND AsptiALTtn Co.

ritory Of Arizona. and 10 that en1 do
make the following statement
Article l. The names o. The EneOr-
porators arr I. 7. Hosey. l. 70. lands
and p. A. fha-sidsua.
Article ~. The name % ths corpora
tiOn il the Also Oil and Asphaltum
Company.
Article III. Tue psiaripai pace %
business Of The cnsporaslsa - teoenix-
Arizona; and offic<s may b sssasliSh-
ed and maintained at surh oghss places
within % outside % AFtsatsa 90 the
board OF directors may dcsixrst-. ans
where meetings % the $40. aA1sters
and directors may D. bed. and tAs or
binary business of shs Surcrssticrt
may be traassetsd: sne any tss~tins
of the board of directors. By coasras q
majority OF the same. may BE a<Ai
either in % outside % the TsfritssoF
OF Arizona. s.
Article ~. The general nature % sAa
business proposed 90 be tFansaetrs ~
this cOrporaiioa O. as follows. to-rtt
Purchasing. owning aat eperassns
mining property: 90 make eoafsArss
to purchase. lease. bond. locate or girs-
er wise acquire. own. exchange. sci -
otherwise dispose Of. pledge. moftg>s-.
hypOthecate and deaf IN any sna all
kinds Of real sad persSsssi pssyerty,
including bonds asd sksfes 81 the
capital stock St iss Ova ava other
corporations: sssiS.r~. Esia,s-s claims, oil
lands. coal lands. mineral lands. oil
gas. coal. shaIs. aspAaltum. pe,rOlss1n.
asbestos, salt. S.tsr. water rights AMI
machinery. and 10 work. mine. explore.
| 80 NJ -
extricate any and all minerals. OILS
and gas therefrOm. and deal in the
products and by-prOductS thereof. 10
purchase. lease or otherwise acquire.
erect, own, operate or sell
smelling and ore reduction works. oil
refineries. saw mills and power
plants; TO do a general real 60
tate. manufacturing and mercsntile
business: TO own. handle and control
letters patent and inventions and
shares of its own capital stcsk and
that OF other corporations. and TO vote
any stock owned by il the same as a
natural person might do 10 issue
bonds, notes. debenturSS ana other
evidences of inCssbtedness. and 10 Sc
/ cure the psyEssnt Of the same by
mortgage. dseS - trust. bonds. o.
otherwise; 10 act as agent. trustee.
broker or IN any other rdu-
ciary capacity. ard TO borrow and loan
money. and generally 10 do and Der
form such acts ans thing. Sni q
! transact such business not incolSiSteo-
with law in any part ~ the world
the board OF directors may deem %
the advantage OF thu corporation. the
same as a natural person might do
| Article V. The amount OF the an-
| thorized capital stock Of this corpor-
alton is two hundred and fifty thOus-
and dollars Cs25eoo0) divided into two
hundred and fifty thousand (s5a.elSl
shares Of the par value OF one dol
! lar (Si) each. which shall be paiG in
at such tiTle =. the board Of directors
may desizRas. in cash. real - per
sonal property. contracts. services -
any other valuable right or thing rOr
the use asa purposes OF the corpora
| ton. ana AL shares OF the capitai
stock 50 issued ia exchange therefor
shall shefsup@u and thereby becouae
and b. s1if r-aii and worcestershire
forever: and th.- Judgment OF the III
rectOrS a. 90 are value Of any prop
/ erty. right ss thing acquired in eN-
change for capita; stoek shall be con-
I elusive.
Article VI TIE tirs~ Of the COM
mencement 90 this rarrsrstiOr shall
be the cath dsY az ian-. ~. and the
termination thereof .hsii ee TIE esth
day OF June. isr. with rslsil-ss %
renewal az provided b. Ian.
Article VII TN~ first assn-saf rf~et-
ing OF the stockholders fIlf ,as cleo
ton OF directors shall b. h<,1 upon
the first Monday Of May IN sh< y-spr
1908. and the firss Aantsy In MAJ n
each year thereafter. ~ al stSck-
holders meetings stock may Be Ssted
III person or by proxy.
Article VIII. The affairs OF this 60
poration shall b. conducted hy . tr>srd
Of five directors and the fnilossns
named persons shall cvastifute ihe
board OF directors until the FIRST an
lnual meeting % the S;ockholsisrs %
the company on the first NuatsS %
May. 1905. and Until their surssssorS
are elected and qualified; I. Z. Hosey.
L. n. Lands and +. ~ Tha<sycSOn.
of Phoenix. Arizonas =. S,prixsr. %
Los Angeles. California. and a. W
Higley OF Phoenix. ATtzufa.
The officers OF said ruFtosati~e. I'M
I I'll IntlE cuNN+rr1@N 81 Nt<S-@-@ N@-~---
be: /. T. HOsey. prrssernt. L. n
Lands. secretary: -. Ssnrlsir. VIZ
president. and y. A. Thar9his1sl- treas
urer.
Article IN The directors SHALL have
power to adopt and afIserti hS.las> for
the government % the crrIorstssf. -
fill vacancies occurring IN The essrd
from any cause
Article v. The highest aFnoeat ~
indebtedness or liability Co watch The
corporation is at aay iissss Tn ssssrct
itself is one hundT.: aad iHrsfs - :
thousand dollars Ssi=Soeei.
Article NJ. The Srsssse -Srnf<sts .oi
the stockholders % the rurp<>tion
shall be exempt from cospofai~ dots
of any kind Whatsoever.
4 In witness whereof &c hare h>feun-
to affixed our signatures and = as
this 24th day % Jaae. 49,.
(SeaD 1T. HoSEr.
(SeaD l.. H. Lambs.
| (SeaD z. n TftAEAt-fsOS
Territory Of Arizona. ccuns, VI Mari
cOpa- S.
Before me. o. +. SchorP, q sotsrs'
public in and for the rssn,s % Mari
copa and Territory 30 Arts..ns- an
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