Arizona republican., 1919-04-04
ARTICLES OF INCORPORATION

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 i forming corporation under and pur- 1 suant to the laws of the state of Arizona, and for that purpose do 1 adopt the following Articles of In- l corporation:
 1 ARTICLE I.
 The name of this corporation shall 1 be TEXILLA OIL COMPANY, and the names and residences and post of | flee addresses of the incorporators are as follows
 l J. E. Warner, Des Moines, Iowa. | J. c. Forest, Phoenix, Arizona
 ARTICLE II.
 The principal place in which the l 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 l ings of stockholders and directors may be held and all business of the cor poration transacted.
 ARTICLE III.
 
 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 an6 all their products and by-productS. TC 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 andS to build maintain and operate refinerieS, pipt 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, ant treat gold, silver. lead, copper, iroI and minerals of every class and de- scription. To manufacture, buy, sell import export and generally deal il machinery, pumps and all other ap pliances or conveniences suitable fo use in connection with the oil or min ing business; and also to purchase O otherwise acquire, own, sell, operate and conduct, all 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 i and to adopt the same in payment o debts, and to pledge, mortgage or hy pothecate or otherwise deal with tn same; to lend and borrow money; t , make and issue bonds and other evi dences of indebtedness and secure tn same by mortgage or pledge of all 0 any part of the property of the corpor ation; to purchase or otherwise ac quire and to hold, sell, mortgage pledge or otherwise dispose of share of stock and bonds or other evidence of indebtedness of any other corpor ation, domestic or foreign, and whil the holder thereof to exercise all tn rights of ownership including the righ to vote; to purchase or otherwise ac quire, sell or otherwise dispose of it own capital stock: and in general | do such acts and things and transao ! such business in connection with tn ! foregoing objects, in this or in an ] other state or territory of the Unite States or in any part of the world, nc inconsistent with law.
 ARTICLE ".
 : The authorized amount of the capits | stock of this corporation shall ,, l Seven Hundred and Fifty Thousan Dollars ($750,000.00), divided into sevel hundred and fifty thousand share S750, ,000), of the par value of One Dol lar (S100) each. At such times a :, the board of directors may by resolu tion direct, said capital stock sha be paid into this corporation either . cash or by the sale and transfer to . of real or personal property, servic ! contracts. patents or any other valu able thing or right for the use an ' | purpose of this corporation. in paymer !. .. of which shares of the capital stock 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 assessable, and in the absence of ao tual fraud in the transaction the jude v ment of the board of directors as 1 the value of the property purchase shall be conclusive.
 ARTICLE V.
 The affairs of this corporation sha be conducted by board of director o and such subordinate officers ar # agents as they may appoint IT l. board of directors may be increase - or diminished in number from tin e to time. provided, however. sue