Arizona republican., 1907-02-28


Lowrey. Henry Eggers and Walter W
Root, have this day associated our
selves together for the purpose of FORM
ing corporation under the laws of the
Territory of Arizona, and for that pur-
pose do adopt the following charter:
ARTICLE l.
The name of this corporation shall
be the ELLINGTON OIL COMPANY.
ARTICLE =.
The principal place of transacting
the business of this corporation i'm the
Territory of Arizona shall be in the
city of Phoenix, county of Maricopa,
Territory of Arizona.
II may also transact business in the
state of Colorado, and in the Indian
Territory, and also in any other state
or territory; may maintain an office in
the city and county of Denver. Colo
RADIO. and may also maintain an office
in the city of Tulsa. Indian Territory.
II may hold any and all meetings of
its corporators, stockholders and direc-
tors in either of said cities.
ARTICLE 3.
The amount of the capital stock of
this corporation Shall be ten thou
sand 100000 shares of the par
value of one dollar (S1.OO) each. and
said capital stock shall be fully paid
up in cash at the date of its issuance.
Said capital stock shall be forever non
assessable.
ARTICLE 4.
The objects for which this corpora
ton is formed and Incorporated are. to
engage in and carry on Il general bust
ness for the discovery. production. pur-
chase, storage. transportation. refining
and sale of petroleum oil. gas, and any
and all of their products and by-prod-
ucts; TO bond. purchase, lease and
otherwise acquire lands. oil lands. leas-
es, rights, franchises and other prop
erty. real, personal and mixed: to pur
chase, bond. lease, erect or otherwise
acquire refineries. storage tanks and
stores, and to develop. work. improve
and operate any part or parts or all
of the property and rights acquired by
this corporation; to bond lease, ex-
change. sell, convey and otherwise dis
pose of all or any part or parts of any
property which may be acquired by
this corporation; to borrow money. is
sue and deliver mortgages, bonds. notes
or other obligations for its debts.
money borrowed or property pur-
chosed. and to do any and all
acts whatsoever not inconsistent
with law and which may b.
incident TO or convenient for carrying
on any of the business of this corpora
ton.
ARTICLE 5.
The regular annual meeting Of the
stockholders Of this corporation shall
be held on the third Monday in Deem
Der Of each year.
The affairs of this corporation shall
be conducted by a board of three di-
rectors. who shall heheafter be elected
on the third Monday in December of
each year, and F. W. LOwery. Henry
Eggers and Walter W. Root are here
by designated and selected to serve as
such directors until the first annual
meeting of the stockholders, and until
their successors are elected and quail
fed. In case Of a vacancy in the board
of directors. caused by death, resigna-
ton or otherwise, the remaining di-
rectors shall have power to fill
such vacancies. The directors
shall have power to make pru-
dental bylaws for the management of
the affairs of the corporation. and to
suspend, alter, amend or repeal any OF
such bylaws as they may see fit.
ARTICLE 6.
The highest amount of liability that
this corporation shall subject itself to
at any one time shall not exceed six
thousand six hundred and sixty-six dol
lars Cs6,666.OO).
ARTICLE :.
This corporation shall commence at
the date Of filing a certified copy of
these articles in the Office of the audi
tor of the Territory of Arizona, and
shall endure for twenty-five (25) years
thereafter, with privilege of renewal as
provided by law.
ARTICLE s.
The private property Of the stock
holders OF this corporation shall be
and is hereby made forever exempt
from all liability for its corporate
debts.
In Witness Whereof, We have here
unto set our hands and seals this 22d
day of December, \. d. 1906.
+. w. LOWERY. (Seal)