Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1918-11-30
ARTICLES OF INCORPORATION
OF
THE COMMUNITY OIL LAND
CONTpANV


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 I. The name of this cor
poration shall be THE COMMUNITY
OIL LAND COMPANY.
ARTICLE II. The principal place OF
business of this cornoration 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 &C
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 worh>
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 o. otherwise acquire,
erect, own, operat( or sell smelling ana
ore reduction WoTKs, oil refineries, saw
mills and nower plants; to do general
real estate. manufacturing and mer-
Ill Il
control letters patent and inventions
and shares of its own capital stock
and that of other corporations. and to
cancel and reissue shares of its 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
bred 5000 shares of the par value OF
fifty $500 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 OF.
thing for the uses and purposes of
4 HI
shares of the CAPITAL stock of said cor
poration may be issued, and the capital
stock so issued shall thereupon ana
thereby become and be fully paid up
and non assessable forever, and in the
absence of actual fraud in the trans
action the judgment of the director 5
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 a
Board of Directors, and such officers az
the directors may elect or appoint. and
the following names shall constitute
the Board of Directors until their sue
cessors are elected and have qualified:
E. F. Rogers, H r. Campbell. Charles
A. Jewson, Grace D. Schad, Hugh
Pritchard. c. NJ. Van Horn and r. f.
Lynch Thereafter the Board of Direc-
tors shall be elected from among the
stockholders at the annual stockhold
| n nn no
Saturday of January of each year. The
names of the officers who shall have
charge of the corporation affairs are.
President, w. F. Rogers; Vice Pres =
dent, H. R. Campbell; Secretary
Charles A. Jewson; Treasurer. Grace
D. Shad.
ARTICLE VIII. The Board of Di-
rectors shall have power to adopt and
amend bylaws for the government OF
the corporation. to fill vacancies &C.
curing in the board from any cause
and TO appoint an Executive Commit
tee and vest said committee with suci
| 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 shall
be ten thousand (s10.0OO) dollars.
ARTICLE X The private propert,
Of the stockholders and officers of thu
corporation shall be exempt from al
corporate debts of any kind whatso
ever
ARTICLE XI The names. resi-
!, dences and postoffice addresses of tn
, corporators are:
L. F. Rogers Minneapolis. Minnesota
618 Boston Block.
H. r. Campbell Minneapolis, Mime
sofa 61S Boston Block
: C. NJ. Van Horn, Minneapolis, Mime
sofa 61S Boston Block.