The Holbrook news., 1918-08-09

ed, do hereby associate ourselves together and form a corporation under the Laws of the State of ArIzona. and adopt the follow ing Articles of Incorporation.
 The name of the corporation is Hopi Oil Company. and it's principal place of business in Arizona is Holbrook. Offices may be established, business transacted, and meetings of stockholders and directors held at such places within or outside of Arizona as the bylaws of the company shall provide.
 2
 The general nature of the business proposed to be trans acted is to make contracts; to purchase, lease. option. locate, or otherwise acquire, own, eX- change, sell or otherwise dis pose of. pledge, mortgage, hypo- thecate and deal in mines, min ing claims, mineral lands, oil claims, oil lands. oil wells, water and water rights and other pro perty, both real and personal. and to work. explore, operate and develop the same. and to deal in the products and by-pro- ducts thereof; to purchase, lease. or otherwise acquire, erect, own, operate and sell oil refineries, railroads and tram ways to lead from the Com pany's principal works; to en- gage in and generally to carry on the business of mining and the development of mines and oil wells, and to bore for and produce, refine. manufacture, pipe, store, buy and sell oil, petroleum, naptha, gas and all other minerals and mineral pro- duets; to buy, sell. own, hold, lease. mortgage and generally to deal in real estate of every kind and character; to own, handle and control letters patent and inventions: to do general manufacturing and mercantile business: to own, hold, buy, sell and generally to deal in pipe lines and pipe line corporations; to own, cancel. and reissue shares of it's own capital stock and to own and vote shares of other corporations; to issue ber.de. nutsbos-arrz7- -OtffSr- oT7den- ces of indebtedness and to se- cure the payment of the same by mortgage, deed of trust. or otherwise; to act as agent, trustee, broker, or in any other fiduciary capacity. and to borrow and loan money; to do and to perform such acts and transact such business, not in- consistent with law. in any part of the world, as the Board of Directors may deem to the ad- vantage of the corporation.
 The amount of the authorized capital stock of the corporation is one hundred and fifty thous- and (150, 0,0OO.) Dollars, divided into one million five hundred thousand Q,500, ,000) shares Of stock of the par value of ten cents each. which shall be paid in, at such time as the Board of | Directors may designate, in cash, real or personal property, service, lease, option to pur- chase, or any other valuable right or thing. for the uses of he corporation, and all shares ,f capital stock. when issued in exchange therefor. shall there lpon and thereby become and ,e fully-paid the same as though ,aid for in cash at par. and shall ,e non-assessable forever, and he judgment of the Directors IS to the value of any property, fight or thing acquired in ex- hange for capital stock shall be onclusive.
 The time of the commence nent of the corporation shall be he day these Articles are filed T accordance with Law, and the thereof shall be ( wenty five years thereafter,