Arizona republican., 1912-12-06
PAGE NINE

operate OH cldlmS, lands and wells and to treat, refine, transport and dispose of the same and to acquire. maintain and operate pipe lines, re- fineries and all properties, plants. works and materials that may be ne ccssary or convenient thereto.
 (J) 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 bus mess and to carry on and transact any and all other kinds of business tc the same extent, purpose and ef- feet as the same or any part thereof 9ould be done by natural person THIRD: That said corporation is to commence on the date of the is 6uance to il of a certifiate Of incor- loratlon by the Arizona Corporation Commission and to terminate 9 years from said date, subject to be renewed from time to time Tor d 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 h,.e-S l State of California shall be the City of Oakland, County of Alameda, State of California, and all meetings of l the Board of Directors and Stock | holders of said Corporation shall be 1 had in said City of Oakland, County of Alameda, State of California FIFTH: Private property of 1 stockholders shall be exempt from cor porate debts and the Stockholders l shall not be liable for the debts of the Corporation
 SIXTH: The shares of the Capi-
 tai Stock shall be forever non-as- ] sessabe
 SEVENTH: That the amount of i the Capital Stock of said Corporation l IS $I5,000 and the number of shares 1 into which it is divided is 75.O0O of
 the par value of One Dollar ($10O) l each and said shares are to be paid
 for in cash or other property of
 equivalent value upon the issuance thereof
 EIGHTH: That the number of Di-
 tectors or Trustees of said Corpora =
 ton shall be five (5) and that the names and residences of the Direct
 ors or Trustees who are appointed
 Tor the first year or to serve until
 the election and qualification of
 such officers, are as follows, to- wit:
 Names Whose Residence is at
 BEN. F. WOOLNER Oakland. Cal
 II. F. SKINNER Oakland. Cal
 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 Whic,
 the said Corporation is at any time 10 be subject is the sum oe Eft. | Thousand Dollars (S50. 100000
 ELEVENTH: That the amount O 1 the Capital Stock which has been dc | tually subscribed is the sum of Fiv, l Dollars ($5.001 and the following ar . l the names of the persons by whom 1 the same has been subscribed, to : wit;