Graham guardian., 1911-05-19
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 asso-
ciated ourselves together for the purposes OF
forming corporation under and pursuant to the
purpose do hereby adopt Articles of Incorpora-
ARTICLE L
The name of this corporation shall be The
Monarch Oil and Gas Development Company.
ARTICLE II.
The principal place of business of this corpora
ton within the Territory of Arizona shall be in
the town of Stafford Graham County.
ARTICLE III.
The general nature of the business proposed to
be 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
rights 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.
pipe and fixtures used in developing and boring
for oil or natural gas; to purchase lease or other
wise acquire, erect and operate on renneries; res
from the cOmpany's principal works. and steam,
electric and motor roads to serve as common car
rers. 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 mort
gage, deed Of trust or otherwise to act as agent,
trustee broker or in any other fdgcarrS eapsnitsi
sns s t. hSrT2T aa a peSssss
hnd IN general to do and perform such acts and
things and transact such business not inconsist-
ent with law, in any part of the world, as the
board of directors may deem to the advantage of
the corporation
- - " ARTICLE w,
Tbs amoppt ef tbs Sute.ariSea eanitai stock Of
dollars, divided inte two hundred and fifty thou
which shall be paid in at such time as the board
of directors may designate. in cash, real or per-
sona property services. lease. option to 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
shall thereupon and thereby become and ha full
paid the same as though, PAID fsf IN essS III bsT
and ss sha SS &ssr aa rs sass Iuas
itai stock shall be scaeasiYe.
ARTICLE v.
The time Of the commencement Of this corpora
tion shall be the day these Articles are fled in ac
cordance with law and the termination shall !,
twenty-five years thereafter, with tie pr,vi!eg,
of renewal and rgat of succession as now Pre-
vided by law.
ARTICLE VI.
The affairs AZ ta,s sotroratjon shall be conduct
q, Ia poafd VI directors and such officers as tn,
Hlfeetorsri e.ect and appoint. and the follow
ing named shall constitute the board of director
until their successors elected and qualified
W. T, Lathrop, Petar Andarsan Rem Maurer. ]
Al. Haralson and James Wakefield: Thorsafte
the board of directors shall he elScted at the an
| nual stockholders UiaSsioxs and said board shal
consist 9f Ave rhembsrs.
ARTICLE VII
The board of directors shall adopt bylaws 70
| the government Of the corporation and ma,
amend the same They shall have power to ri
vacancies occurring IN the board frem any cause
| and 70 appoint from among their number an ex
by resolution or by the said bylaws shall hav
and sxercise the powers granted tho directors b.
| these articles,
| ARTICLE VIII.
The highest amount of indebtedness or labilit
/ to which the corporation is at any time to subjec
itself is twenty thousand dollars.
| ARTICLE TX.
| The private property of the tockkpidsrs Of tn
| corporation shall be forSs.,r exempt from cor
| porate debts &c say kind whatever.
| In Witness Whereof, we have hereunto set on
hands and seals ttis'25th day Of March, A. D. l9ll
| i''f,S" y w. P. LATIiRoP tSealy.
| PETAR ANIsARsAN tSenl,
| JAMES WAknEikLp. (aean.
| j. A. HARRISON, tSeal).
| B, MAuRER, {SeaD.
! w. X. DIAL, (SeaD.