Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1918-11-28
ARTICLES OF INCORPORATION
THE COMMUNITY OIL LAND


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 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
apols 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 worK
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 or otherwise acquire,
erect, own, operate or sell smelling ana
ore reduction works. oil refineries, saw
mills and mower plants; to do a 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 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, decd of trust,
or otherwise; to act as agent, truSte ,,
broker or in any other fIduciary 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 tostbe 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 (900) shares of the par value OF
fifty (s50l 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 o,
by the sale and transfer to it of rea
or personal property. contracts, serv,
ices, or any other valuable right Oh
thing for the uses and purposes o.
said corporation, in payment for which
shares of the capital stock of said cor
poration may be issued, and the capita
stock so issued shall thereupon ant
thereby become and be fully paid VI
and -assessable forever, and in the
absence of actual fraud in the trans.
action the Judgment of the director.
as to the value of the property pur.
chased shall be conclusive.
ARTICLE VI. The time of the com
mencement of this corporation shall b,
the date of the filing of a certified
copy of these Articles of incorporation
in the office Of the Corporation Com