The Arizona sentinel., 1907-11-06

and their products and by-products. To con struct, build, operate and maintain oil wells refneries, buildings, machinery, plants, stores and warehouses. To handle, store, transport nnd prepare for market oils and oil products and bv-products and to erect, maintain and op- eraac refnerics, mills works. laboratories workshops and dwelling houses for workmen and others. To search for, prospect, examine refine, smelt, reduce, crush, concentrate manip- ulate aid treat gold, silver. lead, copper, iron. and minerals of every class and description. To manufacture buy, sell import export, and generally deal in machinery, pnmps, drills. fuses, caps, candies, implements and conven- fences suitable for use in connection with the oil or mining business. To manufacture, buy, sell, and generally trade in all kinds of mer- chandise. To issue and sell bonds secured by mortgage on any or all Of it's property. To pur- chase, own and sell its own stock and bonds and the stock Of other corporations To engage in any lawful business within the Territory of Arizona, and at any place outside of said Terri | tory.
 Article III. The amount of the capital stock shall be Five Hundred Thousand Dollars (s5O0,- 00OOO) divided Into Five Hundred Thousand | (500,Oo0) shares of the par value of One Dollar | (SlO0) each, which capital stock shall be paid in at the time of the issuance of certificates therefor, in money, services or other property, and shall forever be non-aSseSSable for any pur- pose whatever, and the judgment of the Board of Directors as to the value oi any such services or property shall be conclusive.
 Article " The time of the commencement of this corporation shall be the date of the fl ing of d certified copy of tbese articles, as filed with the County Recorder of Yuma county, in the office of the Territorial Auditor of Arizona, and shall endure for twenty-five (25) years thereafter, unless renewed pursuant to the laws of said territory.
 Article V. The affairs of this corporation shall be conducted by Board of five directors, who shall be stockholders in the corporations; and the following named persons are hereby ap- pointed and elected as directors Of this corpora tion for the ensuing year, and until their sue cessors are elected and qualify, to-wit: John r. Miller, Floyd J. Hickey, s. F. Macfarlane, T. H. Beech and J. A. Armitage. The directors of this corporation shall hereafter be elected by the stockholders at their regular annual meet ing which shall be held on the second Tuesday in August of each year at the hour ot o'clock D. n. Should a director cease to be Q stock holder, his office shall be declared vacant, and such vacancy, and vacancies occurring on said board through any other cause, may be filled for the unexpired term by the remaining mem bers of the board. Should the stockholders fail to hold a regular annual meeting in any year on the day herein appointed a new board of direct orS may be elected at a special meeting of the stockholders called for that purpose there after.
 Article. VI. The highest amount ofindebt- ness or liability to which this corporation shall at any time subject itself shall be the sum Of One Hundred Thousand Dollars (sIOO,- OOO.OO).
 Article VII. The private property of the stockholders of the corporation shall be for ever exempt from all corporate debts and lia- bilities.
 Article VIII. The Board Of Directors of this corporation shall have power to establish by- laws and to make rules and regulations for the management of the affairs of the corpora lion, and to amend any such bylaws, rules, regulations.
 Article TX. At all meetings of stock holders where directors are elected each stockholder shall be entitled to cast as many votes as shall equal the number of shares of stock held by him, multiplied by the number of directors to be elected, and he may cast all of such votes for the same person or divide or distribute them among any number of per sons. At all stockholders meetings, any stock holder may be represented by proxy, provided the authority of such proxy is in writing, and filed with the secretary of the corporation. In Witness Whereof, we have hereunto set our hands and seals on this SOth day of Au- gust, 1907.
 John F. Miller [Seall |
 Floyd J. Hickey [Seall
 s. F. Macfarlane [Seall | State of California,
 County ofLos Angeles, ~ Before me, T. w. T. Richards, notary pub lie in and for said county and state, on this 1 day personally appeared John F. Miller, Floyd | J. Hickey and S. F. Macfarlaae, known to me to be the persons who subscribed to the fore going instrument, and acknowledged to me that they executed the same for the purposes and considerations therein expressed. Given under my hand and seal of office, this 3Oth day of August, A. D. 1907.
 [Seall T. w. T. Richards,
 Notary Public. My commission expires on the 7th day of September, A. D. 1908.
 Territory Of Arizona, e.
 County of Yuma,
 I, J. NJ. Polhamus, County Recorder, in and for the county and territory aforesaid, do hereby certify that the within and foregoing is true, full and correct copy of the Articles ofthe Paraffine Oil & Development Go, as filed for record in my office on the 5th day of Sep tember, A. D. 1907 at 1O:45 o'clock a. m. and as appears cfrecord in Book 2 of Articles of In- at page 4S2, records of Yuma county.
 In Witness Whereof, have hereunto set my
 hand and affixed my seal of office, TSeall this 9th day of September, A. D.
 1907.
 J. M POlhamuS,
 County Recorder. First publication September II. 1907.
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