Arizona republican., 1910-05-21
ARTICLES OF INCORPORATION
 OF THE. UNION OIL AND GASOLINE
 COMPANY.

| KNOW ALL MEN BY I'll St. ! PRESENTS: That the undersigned do | hereby associate ourselves together for the purpose of forming corporation under the laws of Arizona aud 10 that | end do hereby certify and declare: ! FIRST: The names of the inCor- i popators arc. C. w. Ssnborn. George NJ. Williams. and F. G. Straub. the | name of the corporation shall he tho | Union oil and Gasoline Company The
 principal place of business of the cor
 poration in Arizona ahall be Phoenix, | and an office of the company may also bc in the City and County of Denver. State of Colorado. and the corporation
 may have such other offices. principal or branch. either within or without the territory of Arizona. ga may he estab- lished by the Board of Directors. at which offices meetings of the Board of Directors may he held.
 SECOND: The business of inc cor poraton is tn be transacted in the ter ritory of Arizona and elsewhere. az may he determined bN the Roard of Directors. either in any of the States Territories or possessions of the United States of America. or ia any foreign State. States. Country, or in the Co., ! lonial possessions or any foreign State. states. Country. or in the Co., lonial possessions or any foreign State or power. and tho general nature of the business proposed to be transacted is as folloys, to-wit: To make con- tracts, to purchase, 10 lease, bond. To- cate. or otherwise acquire. own, cx- cha nr ntl ar
 pledge. mortgage. hypothecate and deal in real estate. and any and all kinds of personal property. mines. mining claims. oil lands. oil gas. asphaltum. petroleum, asbestos, salt. water and water rights and machinery. and to work mines, explore. operate and de- vclop the same. to buy and sell min ing stocks. oil stocks to build pipe lines. oil refineries. storage tanks. gas tanks, to lay gas mains. and also to bond same. to loan finance. and to in- corporate other companies. and in gem eral do all things necessary to the proper conduct of the business of this corporation. not inconsistent with the laws of the United states and the Ter ritory of Arizona.
 THIRD: The capital stock shall be One Million Dollars Csl ,0o0. .000o0D di- vided into One Million shares of tho par value of one Dollar 1s1 .O0) each. and that said stock shall be issued full paid. non -assessable. at such time as the Board of Directors may designate. in exchange for cash. property, ser vices or other valuable right or thing. and the Judgment Of the Board Of Di- .r,z I.. IL, l.. conclusive
 FOURTH: The time of the com mencement of this corporation shall be the date Of the filing Of a certified copy of these Articles Of Incorporat ton in the office of the Auditor of Arizona, and the termination thereof shall be twenty-five years hereafter. with privi- lege of renewal as provided by law.
 FIFTH: The affairs Of the corpora ton shall be conducted by the Board Of Directors consisting Of not less than five persons. and not more than nine persons. and c, w. Sanborn. George M. Williams. Edward c. Strsub. B. D. Sanborn. W. ]. Barker shall constitute the Board of Directors. until the annu- al stockholders meeting which shall he held on the 2nd day of May com mencins in 1910. The Directors arc empowered to make such prudentia Bylaws as they may deem necessary for the management of this corpora ton. to fill vacancies occurring in the Board and to appoint an Executive committee with such powers as they may confer.
 SIXTH: The highest amount of in debtedness or liability. direct or con- tingcnt. to which this corporation is at any time subject, shall be Two Hund- red and Fifty Thousand Dollars s250. 000) which amount does not exceed two thirds of the capital stock.
 SEVENTH: The private property of the stockholders of this corporation shall be exempt from it's corporate debts of any kind whatsoever.
 EIGHTH: The annual pr other stockholders meeting may be held at the office or offices of the corpora ton outside of Arizona. as may be pro vided by the Bylaws of the corpora tion. and at all stockholders meetings votes may be cast in person or by proXy.
 IN WITNESS WHEREOF. We have hereunto set our hands and seals this goth day of April. 1910.
 C. W. SANBORN