Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1918-11-30
ARTICLES OF INCORPORATION
THE COMMUNITY OIL & DEVELOP
MENT, COMPANY.

KNOW ALL MEN BY THESE
PRESENTS, That we, the Undersigned
have this day associated ourselves to-
gether for the purpose of forming u
corporation under and pursuant to the
laws of the State of Arizona, and 70,
that purpose do hereby adopt ARTl-
Giles OF INCORPORATION AS FOL-
LOWS:
ARTICLE I. The name of this cor
poration shall be THE COMMUNITY
OIL & DEVELOPMENT COMPANY.
ARTICLE II. The principa! place OF
business # this corporation within the
State of Arizona, shall be at Phoenix,
in Maricopa County. Arizona, and the
principal place of transacting business
outside of Arizona, shall be at Mime
apolis, Minnesota, and such other
places as the Board of Directors may
determine, where meetings of Directors
may be held and all business trans
acted.
ARTICLE III. The general nature
Of the business proposed to be trans
acted is TO make contracts; to pur-
chase, lease, option, locate, or other
wise acquire, own, exchange sell, or
otherwise dispose of, pledge, mortgage,
hypothecate, and deal in mines mining
claims, minerals, mineral lands, coal
lands, oil lands, timber lands. real and
personal estate, water, water rights AMI
to work, explore, operate and develop
the same, and to extract any and all
minerals oils and gas therefrom, and
deal in the products and by products
/ thereof; to purchase, lease or other
wise acquire, erect, own, operate or sell
smelling and ore products works, oil
refineries. saw mills and power plants
to do a general real estate, manufac-
turing and mercantile business; to own
| handle and control letters, Datents and
inventions and shares of its own capt.
tai stock and that of other corpora
tons, and 10 cancel and reissue shares
| of its own capital stock; to issue bonds
notes debentures and other evidences
of indebtedness, and to secure the pay
ment of the same by mortgage, deed
of trust or otherwise; to act as agent
| trustee, broker or in any other fiduciary
| capacity; to borrow and loan money;
and in general to do and perform such
acts and things and transact such
/ business. not inconsistent with law, in
any part of the world as the Board OF
| Directors may deem to the advantage
/ of the corporation.
| ARTICLE ". The authorized
amount of capital stock of this cor
poration shall be forty five thousant
| (S45.00e) dollars. divided into nine hun
dred (900) shares of the par value OF
| fifty $3.50 dollars each.
ARTICLE V. At such times as The
| Board of Directors may by resolution
direct. said capital stock shall be paic
into this corporation, either in cash
or by the sale and transfer to it o.
real or personal property, contracts
services, or any other valuable righ
or thing for the uses and purposes O
said corporation in payment for which
shares of the capital stock so ISSUED
| shall thereupon and thereby become
and be fully paid up and non-assess-
able forever. and in the absence O.
actual fraud in the transaction tn,
| judgment of the directors as 10 tn;
value of the property purchased shall
be conclusive.
ARTICLE VI. The time of the com
mencement of this corporation shall b.
the date of the filing of a certified copI
of these Articles of Incorporation il
the office of the Corporation Commits
sion of Arizona. and the termination
thereof shall be twenty five year
thereafter, with the privilege of re
newal as provided by law.
ARTICLE VII. The affairs of thi
corporation shall be conducted by
Board of Directors, and such officer
as the directors may elect or appoint
and the following names shall consti
tute the Board OF Directors until thel
! successors are elected and have quail
fled: John II. Morley. r. S. BrowH
i. K Nordgren, Homer letters, Georg
Roilke. F. J. Clifcorn and ]. c. German
Thereafter the Board of Directors shal
be elected from among the stakeholder
at the annual stockholders meeting, t.
be held on the third Saturday of Jan
uary of each year. The names of tn
officers who shall have charge of tn
corporation affairs are: President
John H. Morley: Vice President, r. s
Brown; Secretary. F. K. Nordgren
Treasurer Homer letters.
ARTICLE VIII. The Board of Direc
tors shall have power to adopt an
amend bylaws for the government Q
the corporation, to fill vacancies oc
curing in the board from any caus,
|. and to appoint an Executive Commute
. and vest said committee with sue
powers as they may determine.
ARTICLE *. The highest amour
of Indebtedness or liability, direct O
contingent to which this corporatio
shall be subject at any one time sha
be ten thousand 100000 dollars.
ARTICLE X. The private propert
of the stockholders and officers of thu
, corporation shall be exempt from a
corporate debts of any kind whatso
ever.
ARTICLE XII The names. resi-
dences and postoffice addresses of tn
corporators are:
]. c. German. Minneapolis, Mime
sofa, 61S BostoI Block.
Homer letters. Minneapolis, Mime
sofa, 61S Boston Block.
f. K Nordgren, Minneap polls, Mime
sofa. els Boston Block.
IN WITNESS WHEREOF, We hay
hereunto set our hands and seals tn
18th day of June, 1918
j. C. GERMAN (SeaD.
HOMER LETTERS (Seal).
F. X. NORDGREN (SeaI).
STATE OF MINNESOTA, COUNT