Graham guardian., 1911-05-26

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
Laws Of the Territory Of Arizona, and for that
purpose do hereby adopt Articles of lncorpora-
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
be transacted is to 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 and personal
| coal lands. to develop and explore same and to
deal in the products and by-products thereof; to
purchas 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
| power plapts, railroads and tramways to lead
| frem the epmPany's principal works, and steam,
electric and motor roads to serve as common car
| riers and to do general manufacturing and mer-
pantile husness; 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, otherwise; to act rs agent,
trustee broker or in any other iduciary 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 and perform such acts and
| things and transact such business not inconsist-
1 ent with law, in any part of the world, as the
board of directors may deem to the advantage OF
the corporation.
Tbs arooaet Of the autherised & capital a. stock q
taensrs, divided inte two hundred and fifty thou
sand shares of the par value Of one dollar each
which shall be paid In at such time az 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 corporation and all shares Of
capital stock when issued in exchange therefor
shall thereupon and thereby become and be full,
paid the same as though paid for in cash at par
and shall be on-assessable forever, and the judg
ment Of the board of directors as to the value o
any property, right or thing in exchange for cap
itai stock shall be conclusive.
ARTICLE v.
The time Of the commencement of this corpora
tion shall be the day these Articles are filed IA &C
cordance with law and the termination shall b
twenty Ave wears thereafter, with the priyileg
of renewal and right Of succession as pow pro
@ ARTICLE VI
The affairs of this corporation shall be conduct
ed by board of direc tors and such officers az tn
directors may olsct and appoint, and the follow
ing named shall constitute the board of director
until their successors are elected and qualified
w. r. Lathrop, Petar Andarsan, Ben Maurer ]
A. Haralson and James Wakefield. Thereafte
the board of directors shall be elected at the an
nual stockholders meetings and said board sha
consist of five members
ARTICLE VII
The board of directors shall adopt bylaws fo
the government of the corporation and ma
amend the same They ishall have power. to 4
vacancies occurring in the board from any cause
and to appoint from among their number an es
ecutive committee which, to the extent provide
by resolution or by the said bylaws. shall hay
and exercise the powers granted the dreeet9rs J
zee 's'' :" ARTICLE VIII.
THIS highest amount pf Indebtedness or liabilit
. itself is twenty Thousand dollars,
ARTICLE TX.
= The prlyats property OF the stockholders of Ii
corporation shall be forever exempt from CO.
| porate debts of any kind whatever.
- In Witness Whereof, we have hereunto set OF
hands and seals this 25th day of March, A. d. l9l
w. p. LATHRoP tSeaD.
PETAR ANDARsAN (SeaD.
JAMES WAKErlgLn. lssaD.
j. A. HARALsoN. (Seaft , ;,
= y. MAURtR,t (SeaD.a
". K"DiAh' (SeaD"
TERRIroRY OF ARIZONA, &c.
CouNTy or GRAHAM, 4 SS't y
% this s g naE MEstse lsi and PatSrs fsS rsba ms
a personally appeared W. T. Lathrop, Petar Anda
> san James Wakefield, j, A, Haralspn. II. Mspr
: and W, X Dial known 70 ma 70 be the persel
whose names are subscribed to the foregoing i
strumept, and acknowledged TO me that they o.
ecuted the same for the purposes and consider
ton therein expressed.