The Holbrook news., 1919-10-24
Articles of Incorporation

ANOW AAA MEN D1 1EOE I hE- SENTS: That we, the undersign- ed. having associated ourselves for the purpose of forming a cor poration under the laws of Ari- zona. do hereby adopt the follow ing articles of incorporation:
 ARTICLES I.
 The incorporators are:
 GEO. A. NICHOLS. 5O8 Crock CT, Bldg. San Francisco. Cal.
 A. W. STOCKMAN, 915 Security Bldg. Los Angeles, Cal.
 SAMUEL BEBER, Holbrook. Ari- zona.
 W. B. FERGUSON. HoIbrook, Arizona. And the name of, the corporation shall be HoLBROOK CHIEF OIL COMPANY. It's prin- cipal place of business in Arizona shall be Holbrook, Arizona. but other offices may be established and maintained within or out side of the State of Arizona at such places as the Board of Dire ctors may designate where meet ings of stockholders may be held and any and all corporate busi- ness may be transacted.
 ARTICLE II.
 The general nature of the busi- ness proposed to be transacted is, to-wit:
 To acquire. hold, work and operate mines and lodes bearing any mineral substance; to ac- quire, work. hold own and oper- ate oil properties; to prospect for the same and to do any and all things necessary in the proper development of any oil or min- eral property in the State of Ari- zona, and mainly in the Counties of Navajo and Apache, or else- where; to acquire, construct and operate any necessary refinery for the proper refining of any of the products of any oil well. either brought in, owned or oper- ated by this corporation or for others; to own, construct and operate pipe lines or other modes of conveyance of the production of any of the above described operations or properties of this corporation in any manner law fuI for the same to be done; to lay out, own or control in any manner whatsoever, townsites in connection with any of the above enterprises or operations; to own, sell, lease, mortgage and in any manner hypothecate and deal in lands, as any natural per- son could do; to acquire, own and use water, water rights and any necessary equipment incident thereto in connection with any of the above operations, town sites, or properties and to do all things incident to the general business of mining and oil opera tion; to handle, own and control letters patent and inventions. and shares of it's own capital stock and that of other corpora tiens and to vote any shares of stock of other corporations own- ed by it the same as a natural person might do; to borrow money and issue bonds, notes, dsbentures andother evidence of indebtedness and 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, and in general to do and perform such acts and things and trans act such business in connection with the foregoing obligations, not inconsistent with the law in any part of the world, as the Board of Directors may deem to the advantage of the corporation.
 ARTICLE III.
 The capital stock of the cor poratien shall be three hundred and fifty thousand t$35O. 900. .OO) | dollars divided into one million | four hundred thousand shares of | the par value of twenty-five | (25c) cents. which shall be paid in at such times as the Board of | Directors may designate, in cash, real or personal property, ser vices. lease. option to purchase pr any other valuable right or thing for the uses and purposes of the corporation, and all shares ,r capital stock. when issued in exchange therefor. shall there 1pon and thereby become and be fully paid the same as those paid