Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1907-07-18
ARTICLES OF INCoRPoRAfsooI
OF THE
ALSO OIL AND ASPHALrt4 CO


affixed. do hereby asseeisss asss.srsD
together for the purpose u ferszias o
corporation under the laws q ~ fsf.
ritory OF Arizona. and 10 that saS -
make the following statem~at.
Article = The names % 10 tnru1-
porators are I. T. Hosey, L. o. l>sSDs
and P. A. Tharaldsoa-
Article ii. The name Of ;hs cs<pssss
ton is the Also oil and AseAssssa
Company.
Article III. The principal ps==s q
business of the corporation 10 taSs.ta
Arizona; and offices may Be sstasssss-
ed and maintained at such S<h>s p&sc.s
within or outside Of Arizona 80 -
board OF directors may designate. AL
where meetings OF the stockAssders
and directors may be held. and the or
binary business OF ths cooperation
may be transacted: ana any meeting
of the board OF directors. by eossens Of
a majority OF the same. may - held
either in or outside of the Territory
of Arizona.
Article ~. The general nature % the
business proposed TO be transacted By
this corporation is As follows. tO-~it:
Purchasing. owning and operating
mining property; to make Contracts
to purchase. lease. bond. locate or 9TH
er wise acquire. ovSA. exchange. sell ~
otherwise dispose OF, piedge. mortgage.
hypothecate and deal in any and all
kinds of real and personal property.
including bonds and shares os the
capital stock Of IFS own and other
corporations: mines. mining claims, Oh
lands. coal lands. mineral lands, oil.
gas, coal. shale. asphaltur1. petroleum.
asbestos. salt. water. water rights and
machinery. and 10 work. mine. explore.
operate and develop the same. and 20
extricate any and all minerals. oils
and gas therefrom. and deal In thu
products and by-products thereof. %
purchase. lease or otherwise acquire.
erect, own. operate or sell
smelling and Ore reduction works. oil
refineries, sa~ mills and power
plants; TO do n general real ss-
tate. manufacturing and mercantile
| business; To own. handle and coutros
letters patent and inventions AMI
shares Of its own capital stock ami
that Of other corporations. ard TO vote
any stock owned by IL the same as A
| natural person might dos 10 issue
bonds. notes. 6ebentures and other
evidences Of indebtedness. and 20 Sc
cure the payment OF the same By
mortgage. deed Of trust. bonds. o.
otherwise; TO act as agent. trustee.
broker or tn any other fidu-
ciary capacity, and to borrow and loan
money, and generally to do and per-
form such acts and things and 90
4 transact such business not iriconsisr-n.
with law in any part of the World n
| the board of directors may deem To
the advantage Of the corporation. the
same as a natural perssn might do.
| Article v. The amount Of the au-
thorized capital sseca q this corpor-
alton is two hundred aad fifty thous-
| and dollars (s25e. 0seb divided into two
hundred and fifty shsssand (e50ceol
shares of the par vstse OF one dol
lar (sD each. which shsl be pale in
at such time as the board ~ directors
may designate in casa. <~af OF per-
sonal property. contracts. services or
any other valuable riEas - thing for
the use and purposes cf tAe corpora
ton. and all shares ~ enc capital
stock % issued in excAanse therefor
shall thereupon and sAereby bscome
and be full paid and sen-assessaois
forever; and the Judgment OF the III
rectors as to the value 81 any prop
erty. right or thing acquired In 60
change for capital stock shall be con-
kclusive.
Article VI. The time OF the cou-
mencement OF this corporation shall
be the 2ith day OF June. 1871, and the
termination thereof shall be the 9Th
day Of June. 1882. with privilege %
renewal as provided by law.
Article VII. The first annual meet
/ ing of the stockholders for the eiee-
ton of directors shall be held upon
the first Monday OF May in the year
1908. and the first Monday in May Of
each year thereafter. At all stock
holders meetings stock may be voted
III person or by proxy.
Article VIII. The affairs OF this cc--
poration shall be conducted by a board
Of five directors and the following
named persons shah constitute the
board OF directors until the first an
nual meeting Of the stockholders u
the company on the first Monday Of
May, 1908. and until their successors
are elected and qualified: l. T. Hosey.
l. H Lands and p. A Thsraldson.
of Phoenix. Arizona: " Sinclair. Of
Los Angeles. California and : W.
Higley of Phoenix. Arizona
The officers OF said corporation. un-
til their successors are elected shall
be: l. T. Hosey. president; l. IL.
Lands. secretary; y. Sinclair. vice
president, and P. A Tharaldson. treas
urer.
Article N. The directors shall have
power to adopt and amend bylaws foE
the government OF the corporation. u
fill vacancies occurring in the board
from any cause
| Article " The highest ansunt os
indebtedness or liability 60 which the
corporation is at any tirse TO suojec'
itself is one hundred and twenty-five
thousand dollars (Sl2Se oea
Article Nj The private pfus<rty 81
the stockholders of the eorrs<zSlou
shall be exempt from sorpofste esa<s
of any kind whatsoever. S51.
In witness whereof ne have kzFsaa'
to affixed our signatures aaa s<sz
this oath day Of June. tsos.
(SeaD i. T. HOSEr.
(SeaD L. III. L.JASDts.
(SeaD p. A. THAHAt.rf>eN.
Territory Of Arizona. cesatS - Mari
copa- IS.
Before me. o. K srAusp. a nOtar: