The Holbrook news., 1918-04-05
Articles of Incorporation
 of Holbrook Oil Conlpdny


 under the Laws of the State of Arizona, and adopt the following Articles of Incorporation.
 The name of the corporation is Holbrook 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.
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 The general nature of the business proposed to be tran sacted is to make contracts; to purchase, lease, option, locate, or otherwise acquire. own, ex- change, sell or otherwise dispose of, pledge. mortgage, hypothe- cate and deal in mines, mining claims. mineral lands, oil claims, oil lands. oil wells, water and water rights and other property, both real and personal, and to work, explore, operate and de- velop the same, and to deal in the products and by-products thereof; to purchase, lease. or otherwise acquire, erect, own, operate and sell oil refineries, railroads and tramways to lead from the Company's principal works; to engage in and general ly to carry on the business of mining and the development ot mines and oil wells, and to bore for and produce. refine, manu- facture, pipe, store, buy and sell oil, petroleum, naptha, gas and all other minerals and mineral products; 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 a 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 bonds, notes an6other evidences of in- debtednet and to secure the payment of the same by mort gage, deed of trust, or other wise; to act as agent. trustee, broker, or in any other fiduciary capacity. and to borrow and loan money; 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.
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 The amount of the authorized capital stock of the corporation is one hundred and fifty thous- and ($150. .O0O.) Dollars, divided into one million five hundred thousand (1.5OO, 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 purchase, or any other valuable right or thing. for the uses of the corpor- ation, and all shares of capital stock, when issued in exchange therefor, shall thereupon and thereby become and be fully-paid the same as though paid for in cash at par. and shall be non-as- sessable forever, and the judg- ment of the Directors as to the value of any property, right or thing acquired in exchange for capital stock shall be conclusive.
 The time of the commence ment of the corporation shall be the day these Articles are filed in accordance with Law, and the termination thereof shall be twenty five years thereafter. with privilege of renewal and | right of perpetual succession as