Arizona republican., 1919-04-05
ARTICLES OF INCORPORATION
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 TEXILLA OIL COMPANY
 KNOW ALL MEN BY THESE PRESENTS: That we. the under signed, have this day associated our selves together for the purpose of forming a corporation under and pur- suant to the laws of the state of Arizona, and for that purpose do adopt the following Articles of h. corporation:
 ARTICLE I.
 The name of this corporation shall be TEXILLA OIL COMPANY, and the names and residences and post of flee addresses of the incorporators are as follows:
 J. E. Warner, Des Moines, Iowa.
 J. c. Forest, Phoenix, Arizona
 ARTICLE II.
 The principal place in which the business of the corporation is to be transacted is at Phoenix, Maricopa county, Arizona; and at such other place or places, within or without the state of Arizona, as the board of di- rectors may determine. where meet ings of stockholders and directors may be held and all business of the cor poration transacted.
 ARTICLE H.
 The general nature of the business in which this corporation shall engage is as follows, to-wit: To locate, pur chase, lease. or otherwise acquire, sell, exchange, or otherwise dispose of lands, mines, mineral claims, water rights and franchises, mill sites, tim Der lands, limestone quarries. and particularly lands containing or be- lieved to contain petroleum and other oils and deposits; to carry on the business of searching for, prospecting. preparing, producing, refining, piping, storing. transporting, supplying, buy ing, selling, manufacturing, and dis tributing petroleum and other oils and all their products and by products. To construct, build, operate and maintain oil wells, refineries, buildings. machin- cry, plants, stores and warehouses. To handle, store, transport and pre- pare for market oils and all their pro- ducts and by-products and to build, maintain and operate refineries, pipe lines, mills, works, laboratories, work shops, and dwelling houses for work men and others. To search for, pros pect, examine, refine, smelt, reduce, crush, concentrate, manipulate, and treat gold, silver, lead, copper, iron and minerals of every class and de- scription. To manufacture, buy, sell l import, export, and generally deal ill machinery, pumps and all other ap- | pliances or con eniences suitable for use in connectiol with the oil or min 1 ing business; a~d also to purchase or otherwise acquire, own, sell, operate and conduct, al. means of transporta- tion by railways, steam vessels, ve- hicles or pipe lines.
 To purchase, lease or otherwise ac- | quire, sell exchange or otherwise dis ! pose of all real and personal property and to adopt the same in payment of | debts, and to pledge. mortgage or hy- 1 pothecate or otherwise deal with the same; to lend and borrow money; tc make and issue bonds and other evi- 1 dences of indebtedness and secure the same by mortgage or pledge of all oI any part of the property of the corpor- l ation; to purchase or otherwise ac- quire and to hold, sell, mortgage | pledge or otherwise dispose of shares | of stock and bonds or other evidence: | of indebtedness of any other corpor ation, domestic or foreign, and while 1 the holder thereof to exercise all tnt rights of ownership including the righ l to vote; to purchase or otherwise ac- quire, sell or otherwise dispose of it own capital stock; and in general tC do such acts and things and transac such business in connection with th' foregoing objects, in this or in an! other state or territory of the United States or in any part of the world, no inconsistent with law.
 ARTICLE ".
 .%o stock of this corporation shall b. Seven Hundred and Fifty Thousand Dollars (s750, 100000, divided into sever hundred and fifty thousand share s150,000). of the par value of One Dol | lar (S1.00) each. At such times a the board of directors may by resolu tion direct, said capital stock shal be paid into this corporation either il cash or by the sale and transfer to of real or personal property. service contracts. patents or any other vaiu able thing or right for the use am purpose of this corporation, in paymen of which shares of the capital stock o this corporation may be issued. an the capital stock of this corporation s issued shall thereupon and thereb become and be fully paid up and non, dSSeSSdDle, anu III lHe dDctllCe Ol dC tual fraud in the transaction the iudg ment of the board of directors as t the value of the property purchase, shall be conclusive
 ARTICLE Y.
 : The affairs of this corporation sha ) be conducted by a board of director and such subordinate officers an agents as they may appoint. Tn board of directors may be increase or diminished in number from tim