Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1918-11-29
BY F. A. Jones. Chairman.
ARTICLES OF INCORPORATION
THE COMMUNITY OIL LAND
COMPANY.

KNOW ALL MEN BY THESE
PRESENTS, That we, the undersigned,
have this day associated ourselves TO-
gether for the purpose of forming a
corporation under and pursuant to the
laws of the State of Arizona and for
that purpose do hereby adopt ARTI-
Giles OF INCORPORATION as fol-
lows:
ARTICLE 1. The name of this cor
poration shall be THE COMMUNITY
OIL. LAND COMPANY.
ARTICLE II. The principal place OIL
business of 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 transacted
is to make contracts; to purchase,
lease, option, locate, or otherwise ac-
| quire, own, exchange. sell, otherwise
| dispose of pledge mortgage hypothe-
| cate and deal in mines mining claims,
/ minerals, mineral lands, coal lands, oil
/ lands, timber lands, real and personal
estate, water, water rights, and to worn
/ explore, operate and develope 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 oi otherwise acquire,
erect, own, opera ! or sell smelling ana
ore reduction WoIKs, oil refineries, saw
mills and mower plants; to do general
real estate, manufacturing and mer-
camille business; to own, handle and
| control letters patent and inventions
and shares of its own capital stock
and that of other corporations, and to
cancel and reissue shares of it's own
capital stock; to issue bonds, notes.
debentures and other evidences of in
debtedness and to secure the paymen,
of the same by mortgage, deed of trust.
or otherwise, to act as agent, trustee,
broker or in any other flduciary ca
pacity; 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 cor
poration.
ARTICLE ". The authorized
amount of capital stock of this cor
poration shall be forty five thousand
S45,000) dollars, divided into nine hun
dred 5000 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 paid
into this corporation, either in cash or
by the sale and transfer to it of real
or personal property, contracts, serv-
ices, or any other valuable right Or
thing for the uses and purposes OF
said corporation, in payment for which,
shares of the capital stock of said cor
poration may be issued, and the capital
stock so issued shall thereupon and
thereby become and be fully paid VI
and non -assessable forever, and in the
absence of actual fraud in the trans
action the judgment of the directors
as to the value of the property pur-
chased shall be conclusive.
ARTICLE VI The time of the COM
mencement of this corporation shall be
the date of the filing of a certified
copy of these Articles of incorporation
in the office of the Corporation Com
mission of Arizona, and the termina
ton thereof shall be twenty five years
thereafter. with the privilege of re-
newal as provided by law.
ARTICLES VII The affairs OF this
corporation shall be conducted by &
Board of Directors, and such officers IA
! the directors may elect or appoint, ant
the following names shall constitute
the Board of Directors until their sue
ceSsorS are elected and have qualified
E. F. Rogers H. r. Campbell Charlie:
A. Jewson, Grace d. Schad. Hug,
Pritchard. c. NJ. Van Horn and r. E
Lynch. Thereafter the Board of Direc.
tors shall be elected from among tn,
stockholders at the annual stockhold
l ers' meeting to be held o. the thru
Saturday of January of each year. TIL
Z names of the officers who shall hav,
!, charge of the corporation affairs are
President, W. F. Rogers; Vice Pres
dent, H. r. Campbell; Secretary
Charles A. Jewson: Treasurer, Grac'
D. Shad.
ARTICLE VIII. The Board of Di
rectors shall have power to adopt ant
amend bylaws for the government 0
the corporation, to fill vacancies oc
curing in the board from any cause
and to appoint an Executive Commit
tee and vest said committee with sue
powers as they may determine.
> ARTICLE IN. The highest amour
> of Indebtedness or liability. direct o
contingent. to which this corporation
shall be subject at any one time shal
be ten thousand 100000 doRars.
ARTICLE Y. The private propert
OF the stockholders and officers of thu
corporation shall be exempt from a
= corporate debts of any kind whatso
: ever.
! ARTICLE XI. The names. rest
dences and postoffice addresses of tn
corporators are:
E. f. Rogers Minneapolis, Minnesota
els Boston Block.
H. r. Campbell. Minneapolis, Mime
SOta 612 POStOn block