Graham guardian., 1911-05-05
ARTICLES OF INCORPORATION
OF
The Monarch Oil and Gas De.
velopment Company

Know ALL MEN BY THESE PRESENTS
That we the undersigned, have this day assor
ciated ourselves together Tor the purposes. .S %
Laws Of the Territory of Arizona, and for that
purpose do hereby adopt Articles OF lncorpora- |
ton. as follows; ART,cLEL
The name of this corporation shall be The
Monarch Oil and Gas Development Company
ARTICLE II.
The principal place of business of this corpora
tion within the Territory of Arizona, shall be IN
the town of Stafford. Graham County.
ARTICLE III.
The general nature of the business proposed to
he transacted is to make contracts; to purchase,
lease. option locate or 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
r;ohts and other property both real and personal.
coal lands to develop and explore same, and to
deal in the products and by-products thereof; to
purchase lease or otherwise acquire. erect, own
operate and sell all machinery. derricks. engines
nine and fixtures used in developing and boring
FOR oil or natural gas; to purchase lease OF otner-
wise acquire erect and operate Oil renneries;
nower plants railroads and tramways to lead
from the company's principal works. and steam,
electric and motor roads to serve as common car
riers and to do general 5 aII iettar
patents and inventions; to own. handle. cancer
and reissue shares of It's own capital stock and
to and vote shares Of other eorpSra.ohhs %
ness and to secure the payment OF same ny mort-
gaRe deed of trust or otherwise; to act as agent,
trustee broker or in any other hduciary capacity'
and to borrow and loan money. also to produce.
buy and sell oil and gas and all their by-products
and in general to do ard perform such acts ana
things and transact such business not ,nconsist-
ent with law in any part Of the world, as the
board Of directors may deem to the advantage OF
the corporation.
ARTICLE Nv.
Th. amount of the authorized capital stock of
the corporation is two hundred and hfty tnousano
dollars divided into two hundred and hdty tnou-
sand shares of the par value OF one dollar each
which shall be paid in at such time as the board
of directors may designate, In cash. real or per-
sonal property, services. lense option 70 purchase
or any other valuable right or thing for the use
and purposes of the corporation and all shares OF
capital stock, when issued in exchange therefor
| sball thereupon and thereby become and be fuliy
srd shall be -assessable forever. aad the judg.
ment OF the hoard OF directors as to the value OF
any property. right or thing IN exchange Tor cap
| ital stock shall be conclusive.
| ARTICLE
The time of the commencement OF TINS Sc, corpora-
ton hall hs the day these Articles are filed IN &C.
WITH 1 sss ts EH % psss sas e
Of renewal and right of succession as now pfa:
! vided by law W.
TAr affairs Of Tits corporation shall b ssnsgst q tS;
~
directors al &C NAV elect and appospt and t6e follow:
Ing asa,sa shall eensiitnie the board af airsssoE.
-s- sussssssis are eteeteq ana ananEedd M I
| until ,..... Ana.ssafk pen saaptsfS sS,s
l " bathrop' &C. "Ss an.
A. Haraison and James Nant
! the board of directors shall be elected a. :.
nuai 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 ishall 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 or by the said by-aws, 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 time to subject
! itself Is twenty thousand dollars.
ARTICLE TX.
| The private property of the stockholders of the
| CORPORATION shall be forever exempt from cor
| porate debts Of any kind whatever
! In Witness Whereof, we have hereunto set our
hands and seals this 25th day of March. A. d. 1911
| w. p. LATHROP (SeaI.
| PETAR ANDARsAN (SeaD.
| JAMES WAKEFIELD. (SeaD.
| ]. A. HARALsON. (SeaD
| b. MAuRER. (SeaD.
| W.K. DIAL, (SeaI.