Arizona republican., 1907-07-15
ARTICLES OF INTERPRETATION.
OF THE
OIL AND ASPHALTCN CO

ritory Of Arizona. and TO that end %
make the following statement.
Article l. The names % the lncor-
poratOrs are /. T. Hosey. L Ii Iansls
and p. A rharaldsOn-
Article II The name OF the c0rpora-
ton is the Also Oil and Asphaltula
Company.
Article III. The principal place OF
business OF the corporation Is Phoenix
Arizona; and offices may be establish
ed and maintained at such other PLACES
within or outside OF Arizona a. the
board of directors may designate. AMI
where meetings OF the ssOckhclder~
and directors may be held. and the or
binary business OF tn eOrporssion
may be transacted; ana any meeting
of the board OF directors. by consent %
a majority OF the same, may D. held
either in or OUTSIDE o: the Territory
OF Arizona.
Article " The reae-ss assxfr % the
business proposed to - trasss<set -
this corporation is "a fs,,sss tO-wif.
Purchasing. ounias AS operating
mining property ca nAzss sontracts.
to purchase. lease. h.snsa. I-s-ats or 9TH
er wise acquire. OGa. exchange. sell 90
otherwise dispos- 81 pi~fse. mortgage
hypothecate ant deal in any snd al
kinds OF real and personal property.
including bonds and shares OF The
capital stock Of ats own and other
corporations: mines. mining claims 0ll
lands. coal lands. mineral lanas oil
gas, coal. shale. asphaltum. petroleum.
asbestos. salt. water. water rights ami
machinery. and TO work. mine. sxpiorr.
operate and develop the same. and 20
extricate any and all minerals. OILS
and gas therefrOn. and deal In the
products and by-prOducts thereof. To
purchase, lease or otherwise aeqgiFe.
erect, own, operate or sell
smelling and ore reduction works. oil
refineries. saw mills and power
plants; to do a general real e.
tate. manufacturing and mercantiie
business; TO own. handle and cOn-rsl
letters patent and inventions and
shares of its own capital stock an1
that Of other corporations. and 70 vote
any stock owned by II the same as a
natural person might do 10 issue
bonds. notes. debenturss and Other
evidences OF indebtedness. and TO -
cure the payment OF the sane By
mortgage. deed Of trust. bonds. %
otherwise; to act as agent. trustee.
broker or in any other fitn-
ciary capacity. and to borrow and toaa
money. and generally TO do and PER
form such acts and things ana %
transact such business not inconsistent
with law in any part OF the world a.
the board Of directors may deem "a
the advantage Of the corporation. The
same as a natural person might do
Article V. The amount OF the aa-
thOrized capital stock Of this eorpOr-
alton is two hundred and fifty thOas-
and dollars Cs2so.Oeo) divided into tan
hundred and fifty thousand (Ss8Sool
shares Of the par value Of one dol
lar CsD each. which shall b. paid in
at such time as the board OF directors
may designate in cash. real or PER
sonal property. contracts. services %
any other valuable right or thing fOr
the use and purposes OF the corpora
ton. and all shares OF the capital
stock so issued in exchange therefor
shall thereupon and thereby become
and be full paid and non-assessabir
forever: and the judgment OF the di-
rectors as to the value Of any prop
erty. right or thing acquired in ex-
change for capital stock shall Dc con-
elusive.
Article VI. The time OF the com
mencement OF this corporation shall
be the oath day OF June lso-. and tn
termination thereof shall be the etth
day OF June. 1892. with privilege %
renewal as provided BY law
Article VII. The first annual meet
ing of the stockholders for the elec-
ton OF directors shall be held upon
the first Monday OF May in the year
1908. and the first Monday in May %
each year thereafter At all stock
holders meetings stock may De voted
i'll person or by proxy.
Article VIII The affairs OF this cor
poration shall be conducted b 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 90
the company on the first Monday %
May. 1905. and until their sueeessOrs
are elected and qualified: l. T. HOsey.
l. H. Lands and p. A Th2raldson.
Of Phoenix. Arizona; y. Sinclair. 20
Los Angeles. California. and :. W.
Higley of Phoenix. Arizona
The officers OF said corporation. ua-
til their successors are elected shall
be: l. T. HOsey. president: L II
secretary; " Sinclair. vice
and P. A TharaldsOn. treas
urer.
Article IN. The directors shall have
power to adopt and amend bylaws fer
he government Of the corporation %
ill vacancies occurring in the board
from any cause.
Article " The highest amount %
or liability 10 which the
is at any time 10 subJect
Itself is one hundred and twenty-five
dollars (sl2s.Oo0)-
Article NJ The private property %
he stockholders OF the corporation
shall be exempt from corporate debts
If any kind whatsoever.
In witness whereof We have hereun-
20 affixed our signatures and sesis
This oath day OF June. 1897.
(SeaD l. 7. HOSEY.
(SeaD L. II. Lands.
(SeaD p. A THARALDSOS.
Territory Of Arizona. County % Mari
-eopa- IS.
Before me. o. 2 Schupp. \ notary
public in and for the County OF Mari
,Opa and Territory OF ArizOea. On
his dav uarSnuaII,- apu.aa-a4