Duncan Arizonian., 1912-06-26
Articles of Incorporation
of
Crescent Consolidated Oil
Company
KNOW ALL MEN BY THESE PRESENTS;

KNOW ALL MEN BY THESE PRESENTS:
That we, whose are affixed hereto, be-
ing desirous of organizing corporation under the
laws of the State of Arizona, for the lawful en-
terprise business and occupation hereinafter
mentioned, have this day associated ourselves to-
gether into body corporate, and do hereby make,
sign, acknowledge and adopt the following Ar
ticles of Incorporation.
ARTICLEI
The names of the Incorporators are K. z. Bond,
John Grimes, w. R. Hutchins, Henry Hill, g. A.
Hesse, Jas. H. Kerby. H. c. Mix, VIM. Somers
and c. Wigmore of the town of Clifton, in the
County of Greenlee State of Aaizona; and the
name of this corporation and by which it shall be
authorized to transact business, is and shall be,
Crescent Consolidated Oil Company"
ARTICLE II
The principal place of transacting the business
of this corporation shall be in the town of Clifton
County of Greenlee, State of Arizona, but bxanch
Offices may be kept and maintained at such other
places either in the United States of America or
in the Republic of Mexico as the Board of Direct
ors may determine.
ARTICLE III
The time of the commencement of this Corpora
ton sh all be the date of the filing of certified
copy of these articles of incorporation in the Office
of the State Auditor of the State of Arizona, and
the recording the same. The time of the termina-
ton of this corporation shall be twenty five years
and shall be renewed or extended for additional
periods of twenty y-fve years EACH
ARTICLE w
The general nature of the business proposed to
be transacted by this corporation is as follows to-
wit: To purchase. locate, lease, bond otherwise
acquire, own exchange, SELL mortgage, lease or
otherwise dispose of oil lands, timber lands, real
estate mineral lands mines and coal lands, and to
work, explore, operate. mine and develop the same;
to purchase, lease construct own and operate oil
refineries and all other kind of mills and plants
for the manufacture and refining of oil, petroleum.
asphaltum and all products and biproducts there
of; to purchase, construct, own and operate stamp
mills, smelters and all kinds of reduction works;
to buy, sell and deal in OIL petroleum coal, ores
and all kinds of goods and merchandise; to con-
struct, buy, own. conduct and lease supply houses,
warehouses. stores restaurants and boarding
houses, and to do general mercantile, manufac-
turing and mining business; to buy, construct
own, maintain, lease and operate oil rigs, machine
Shops canals, roads. ditches fumes, pipelines.
tanks reservoirs, telegraph and telephone lines,
and machinery for the manufacture and transmits
sion of electricity; to borrow and give notes
and bonds therefor. and to secure the by
mortgage or trust deed upon any of the property
of this corporation; also to purchase acquire own.
SELL pledge or otherwise dispose of stock of this
corporation as well as the stock and bonds of other
corporations, and to do and perform all things me-
to carry the objects and business afore
Of
natural person might do.
ARTICLE
The authorized amount of capital stock of this
Corporation shall be Five Hundred Thousand ($500-
00000 Dollars, divided into five hundred thousand
shares 100000 of the par value of One ($1.0O
Dollar each. which stock may be issued in exchan-
ge for money. property, services the stock of
other corporations, at such times and upon such
terms and conditions as the Board of Directors
may determine, and the capital stock when so is
sued shall thereupon and thereby be and become
fully paid and nonassessable and the judgment
of the Board of Directors, as to the value of the
property purchased and the services shall be con-
elusive.
ARTICLE VI
The business affairs of this corporation shall be
under the management and control of Board of
Directors, consisting of not less than five %
more than nine 90 members each of whom shall
be stockholder in said corporation. Said Direct
ors shall be elected annually at the annual meet
ing of the stockholders of this corporation, which
shall be held on the second Monday of April in
each year hereafter and they shall hold their of
fees until their successors elected and quaf-
ed.1
ARTICLE VII
Any vacancy in the Board of Directors may
be filled by the remaining members of the said
Board by appointment from among the stockhold-
ers, and such appointment shall be for the
plred term for which the appointment is made.
The Board of Directors shall have power to