The copper era and Morenci leader., 1920-05-21
STATE OF ARIZONA

The Arizona Corporation Commis- sioner does hereby certify that the an nexed is true annd complete trans cript of the ARTICLES OF INCOR- PORATION of THE MORENCI OIL COMPANY which were filed in the office of said Arizona Corporation Commission on the 18th, day of May A. D. 1920, at 10: % o'clock a. m., as provided by law
 In testimony whereof, The Arizona Corporation Confusion, by its Chair man, has hereunto set it's hand and affixed its official seal. Done at the City of Phoenix, the Capital, this 18th day of May A. D. 1920.
 s(SEAL) @.~i--l = -is~'.ET ARIZONA CORPORATION COM
 MISSION
 Amos A. Betts,, Chairman Attest: A. E. Stelzer, Secretary
 ARTICLES OF INCORPORATION OF THE MORENCI OIL; COMPANY
 Know all men by these presents, That we, the undersigned, have this day associated ourselves together 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 Articles of Incorpo- ration as follows: sts
 Article I 'h3
 The name of this Corporation shall be THE MORENCI OIL COMPANY. i4t-Dl Article II 7-~
 The principal place of business of this Corporation within the State of Arizona, shall be at Morenci, Greenlee County, and the principal place of transacting business outside of Ari- zona, shall be at Toyah State of Tex as, and at such other places as the Board of Directors may determinea where meetings of Directors rray be held and all business transacted.
 Article III
 The general nature of the business proposed to be transacted is to- ac- quire by purchase or tease or other wise lands in the Reeves County oil field of Texas, or any other locality for the purpose of prospecting for, and obtaining oil, gas, salt, sulphur or other minerals; and to that end to drill, or cause to be drilled, oil wells, or sink, or cause to be sunk, shafts for mining, and to buy. lease or other wise acquire drilling rigs or other machinery or apparatus necessary to fully accomplish said purposes and if oil or other minerals are found, then to market the same to the best advantage. . E~ss- B
 To engage in the transportation of oil, gas, salt, sulphur, or other min erals. either produced by this corpo- raIion or other persons or corpora tions, by means of pipe lines, tram ways, railroads, boats. barges or other conveyances or to lease or sublease all or any part thereof to other per sons or corporations for like purpose, ami, | order to fully carry ut said o5Tcts ana purposes, to pIro as e, lease, or otherwise acquire, pipe lines, tramways. railroads, boats, barges tank cars, locomotives, pumping sta tions, steam plants, airsplants and all other machinery, apparatus and I ara phenalia necessary or incidental there to.
 To build, construct, lease, purchase or otherwise acquire buildings, machin- cry and other apparatus. for refining, : smelling, manufacturing or otherwise working up the products of mineral lands, either produced by this corpor- ation or other persons or corporations, and to refine, -smelt, manufacture. or otherwise work ups the bY-products of said minerals and to operate the said plant and market the products or by products as manufactured the best advantage. - ~..-.- 's -,-e D s'e-f.>'- -..<s1t <.
 To engage in a general oil or miner O hrrl h,,o T., ing or otherwise trading in mineral lands or the products or by-products sof mineral lands. ".'
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 To carry on such other business ore taining to oil. gas, sulphur or other minerals as may be found necessary or desirable or such as is generally en. gagged in by corporation of this kind
 Article " ss'-;s~.
 The authorized amount of capital stock of this Corporation shall be Twenty Five Thousand ($25, ,O00OO) Dollars. divided into One Thousand G.000) shares of par value of Twen- . ty five Q$25.00l Dollars each. At such times as the Board of Directors may by resolution. direct, said capital stock shall be paid into this Corpora. tion, either in cash or by the sale and transfer to it of real or personal prop erty contracts services, or any other valuable right or thing, for the use and purposes of said Corporation. in payment for which, shares of the cap ital stock of said Corporation may be issued, and the cauital stock so issued shall thereupon and thereby become and be fully paid up and non-assess- able forever. in the absence of actual fraud in the transaction the judgment of the Directors as to the value of the property purchased shall be conclusive.
 Article V
 The time of the commencement of this Corporation shall be the date of