Duncan Arizonian., 1912-06-19
Articles of Incorporation
of
Crescent Consolidated Oil
Company

KNOW ALL MEN BY THESE PRESENTS:
That we whose names are affixed hereto, be-
ing desirous of organizing a 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 r. G. 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 transactng the business
of this corporation shall be in the town of Clifton
| County of Greenlee, State of Arizona but branch
| 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
tion 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-
tion of this corporation shall be twenty five years
and shall be renewed or extended for additional
periods of twenty-five 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 or 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 and operate oil
Irefineries, 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
i 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. bitches, fumes, pipelines,
tanks reservoirs, telegraph and telephone lines,
and machinery for the manufacture and transmits
sion of electricity; to borrow money and give notes
and bonds therefor, and to secure the same by
mortgage or trust deed upon any of the property
of this corporation also to purchase, acquire own
sell, pledge otherwise dispose of stock of this
corporation, well as the stock and bonds of other
corporations, and to do and perform all things me-
cessary carry out the objects and business afore
said within and without the State of Arizona that
| a natural person might do
ARTICLE v
The authorized amount of capital stock of this
Corporation shall be Five Hundred Thousand ($5OO-
100000 Dollars divided into five hundred thousand
shares 100000 of the par value of One ($l.00)
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 the Board of Directors
may determine, and the capital stock when is
sued shall thereupon and thereby be and become
fully paid and nonassessable, and the judgment
of the Board of Directors, 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 o. nor
more than nine (9) 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 are elected and qua-
eds
ARTICLE VII
Any vacancy in the Board of Directors may
be filed by the remaining members of the said
Board by appointment from among the stockhold-
ers. and such appointment shall be for the unex-
pired term for which the appointment is made
The Board of Directors shall have power to