Graham guardian., 1911-06-02
-,ssF p e'.~.s 49," ..Sss7'-- =. - - 80
ARTICLES OF INCORPORATION
0E
The Moaarsh 3ii and Gas De.
velopment Company

KNOW ALL MEN BY THESE PRESENTS: ~
That we, the undersigned, have this day asso-
forming corporation under and pursuant =, Inc
Laws of the Territory of Arizona. and for tha, t
purpose do hereby adopt Articles of Incorpora-
ton, as follows; v FP'N
-: ASIICLE +
The name of las 1v6rporahon shall pc The
Moharchs0if and Gas Development Company.
'' : ARTICLE IL.
The principal place Of business of this corpers-
ths4Swy es sanpra. asaEsnn N cgfSfgsg as'., Ss J.
$40 WV" ' ' ARflGhE nE
The 4spsral pstars ~ tas business proposed to
be ffaRsactcd 70 Co make contracts to purchase,
lease, option. locate otherwise acquire, own,
exchange. sell, or otherwise dispose of. pledge,
mortgage, hypothecate and deal in placer mining
claims, oil lands. mineral lands. water and water
rights. and other property. both real an psr pA,L
sas a iaas. - ss s9S tSsrsdf
purchase. lease or or otherwise acquire erect. o~"
% anu nxtures used in developing and boring
for oil or natural gas; to purchase lease or other
wise acquire. erect and operate oil refineries
frsn. ~ ] e@,upaas.s % %pffncippai Works and steam
electric and motor roads to serve as common car
| riers, and to do general manufacturing and mer-
camille business to own handle and control letter
patents and inventions; to own. handle, cancel
and REISSUE shares of its own capital stock and
to own and vote shares of other corporations to
issue bonds notes and other evidence of indebted
ness and to secure the payment Of same by morts
gage, deed Of trust or otherwise; to act as agent
trustee. broker or IN any other duciary capacity;
and to borrow and loan money. also to produce,
buy and sell oil and gas and all their byproducts
and in general to do and perform such acts and
things and transact such business not inconsst-
ent with law, in any part of the world, as the
ARTICLE w.
The amount of the authorized capital stock of
the corporation is two hundred and fifty thousand
dollars, divided into two hundred and fifty thou
| sand shares of the par value Of one dollar each,
which shall be paid in at such time the board
of directors may designate, in cash. real or per-
sonal property, services, lease option to purchase
or any other valuable right or thing for the use
and purposes of the cpr,oration and all shares Of
capital stock, when issued in exchange therefor
shall thereupon and thereby become and be fully
paid the same as though paid Tor in cash ut par,
and shall be worcestershire forever. and the judE
ment of the board of direetorsas TO the value of
any property right or thing in exchange for cap
| ital stock shall be conclusive:
ARTICLE ".
ton shall be the day these Articles filed in
| cordance with law and the termination shall be
twenty five years thereafter, with the privilege
of renewal and right of succession as now pro-
ARTICLE VI
The affairs of this corporation shall be conduct
ed by board of directors and such officers the
directors may elect and appoint. and the follow
ing named shall constitute the board of directors
until their successors are elected and qualified:
w. p. Lathrop. Petar Andarsan, Ben Maurer, j
A. Haralson and James Wakefield. Thereafter
the board of directors shall be elected at the an
nual stockholders meetings and said board shall
consist Of five members.
| ARTICLE VII.
| The board of directors shall adopt bylaws for
| the government of the corporation and may
| amend the same They shall have power to fill
vacancies occurring in the board from any cause
and to appoint from among their number an ex.
ecutive committee which, to the extent provided
by resolution by the said bylaws, shall have
and exercise the powers granted the directors by
/ these articles.
| ARTICLE VIII.
| The highest amount of Indebtedness or liability
to which the corporation is at any time to subjec,
| itself is twenty thousand dollars q" 10 .
| S''' ARTICLE TX.
The private property of the stockholders of the
corporatidn shall be forever exempt from cor
| bbrate debts of any kind whatever. . .' 81 ,
| In Witness Whereof, we have hereunto set ouI
hands and seals this 25th day Of March, A p. 1911
| w. p. LATFRoP lSealD. ,,' ''
| pETAR ANpARsAN tSean.
| JAMES WAKEEiELp. GSeail.
/ ia. HkRALsoA. tSeall.
| tr b. MApRER. Seal(,
| W, X. DIAL, tSeaO,