Arizona republican., 1912-12-05

o"h' oeli, ltdSe, ueal m, develop and operate oil claims, lands and wells and to treat, refine, transport and dispose of the same and to acquire. maintain and operate pipe lines, re- flheries and all properties, plants. works and materials that may be ne- cessary or convenient thereto.
 tJ) To acquire, buy, own sell lease construct, manage and operate roads and lines for the transmission of electrical energy and all other public and private improvements
 (k) To do any act or thing nee essary or appertaining to the trans action of any or all of the said b,ls- lneSs and to carry on and transact any and all other kinds of business to the same extent, purpose and ef- feet as the same or any part thereof could be done by q natural person.
 THIRD: That said corporation is to commence on the date of the is- suance to it of q certifiate of incor- poration by the Arizona Corporation Commission and to terminate p years from said date subject to be renewed from time to time Tor a period not exceeding twenty-five years upon each renewal or such other period as may be hereinafter fixed by the laws of the State of Arizona in the manner provided by said laws.
 FOURTH: That the principal place of transacting business of said Corporation shall be the City of Phoenix, County of Mariopa, State of Arizona, and the principal place of business of said corporation in the State of California shall be the City of Oakland, County of Alameda. State of California, and all meetings of the Board of Directors and Stock holders of said Corporation shall be had in said City of Oakland County of Alameda, State of California. FIFTH: Private property of stockholders shall be exempt from cor porate debts and the Stockholders shall not be liable for the debts of the Corporation
 SIXTH: The shares of the Capi- tai Stock shall be forever non-as- ! SesSabe
 1 SEVENTH: That the amount of the Capital Stock of said Corporation l is s75,00O and the number of shares 1 into which it is divided is 75,OOO of l the par value of One Dollar (s1.0O) each and said shares are to be paid l for in cash or other property of l equivalent value upon the issuance ! thereof
 1 EIGHTH: That the number of Di- 1 rectors or Trustees of said Corpora l ton shall be five (j) and that the 1 names and residences of the Direct 1 ors or Trustees who are appointed 1 for the first year or to serve until 1 the election and qualification of
 such officers, are as follows, to-wit: 1 Names Whose Residence is at BEN. F. WOOLNER Oakland, Cal Il. F. SKINNER Oakland, Cal 1 FRANK MITCHELL, Jr Oakland. Cal. GEO. R. BARTLETT Oakland. Cal. A. F. TAYLOR Oakland, Cal. NINTH: That the affairs of the
 Corporation are to be conducted by the said Board of five Directors to
 be elected annually on the first Mon
 day after the first Monday in June
 Of each year.
 TENTH: That the highest amount
 of indebtedness and liabilities. direct
 or indirect or contingent to which l the said Corporation is at any time 10 be subject is the sum of Fifty Thousand Dollars (S5O.0000O)
 ELEVENTH: That the amount Of
 the Capital Stock which has been ac-
 tually subscribed is the sum of Five Dollars ($500) and the following are the names of the persons by whom
 the same has been subscribed, to-
 vii.