The Coconino sun., June 30, 1900, Image 18

About The Coconino sun. (Flagstaff, Ariz.) 1898-1978

Image provided by: Arizona State Library, Archives and Public Records; Phoenix, AZ

                
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THE COCONINO SUN
ARTICLES OF INCORPORATION
ARIZONA OIL COMPANY.
Know nil men by thee presents tb.it we, tho
undersigned, J. dirown, F. V. Slsson, C. II.
Fanchcr. T. K. Pollock, K. S. Gosney, hereby
organize a corporation under the laws or tho
Territory of Arizona, ami adopt tho following
articles of Incorporation:
AUTICI.K I.
The n imo of the corporation shall he the
Arizona Oil t'ompiny, and its prlnclir.il place
of business shall boat the Town of Flagstaff,
County of Coconino, Territory of Arlzon . u Ith
ofllcesat such other places as may liodesig
nated by the Hoanl of Directors of this com
pati). AI'TICI.K II.
The general nature of the business to be
transacted Is:
First To buj, locate or otherwise acquire,
sell, hold and leaso mines, mining claims and
mineral lands ." eery kind. Including lands
containing petroleum coal, brea or deposits of
a kindred nature
Second To open mines, bore oil or petroleum
wells, to operate, manage and control the same,
and to market and dlsposo of tho product
thereof, and generally to carry on tho business
of mining. Including tho mining of coal, breu,
petroleum and kindreil ubstances, and the
business of refining and reducing the same Into
their tarlnus products, and the marketing
thereof.
Third -To construct, maintain, lease, acquire
and operate, manage and control pipe Unci and
other conduits for the transportation of oil or
water, and to engage In the business of trans
portation of oil, by plpo linos or other means,
and to acquire and hold tho lands necessary or
convenient therefor.
Fourth To buy or otherwise acquire, hold,
lease, sell or otherwise dispose of, manage and
control real and person il property of ei cry
kind. Including water, water rights, shares of
stoik in other corporations.
AUTICU: III.
The amount of capital Mock of this corpora
tion shall be two hundred thousand dollars
(WIO.OOO) tilt Idiil into two hundred thousand
shares of thojaco talue of one dollar (1100)
eaih, to be paid for at tho mirket price as
Issued, and shall bo transferrable only on tho
books of this corporation, In accordance with
tho prot islons of the bj -law s.
auticm: IV.
The time of the commencement of this cor
poration shall be tho date of tho Hling of these
articles of Incorporation In the ofttio of the
County llecorder of Coconino County, Terri
tory of Arizona, and the term thereof shall bo
thirty years thereafter.
AIITICLK V.
Tho highest amount of indebtedness and lia
bility to which this corporation shall at any
time subjeil Itself shall bo tho sum of one
thousand dollars. The prlt ate property of the
oniters and stockholders shall lie exempt from
liability for Its corporate debts, and Its stock
shall be non-assessable
AUTICI.K VI.
The number of directors of this corporation
shall be lite, but may belnereaseil to any num
ber not ex iced In,; ten, In such way and manner
as its by-laws shall protide. Tho names of
those who aro to constitute tho Hoard of
Directors ami to manage the arfalrs of the cor
poration until its first regular meeting and
election of directors ami officers are: J. C.
llronn, F. W. Slsson.C II I'ancher. T. K Pol
lock, K. S. Gosney, directors; and J. C. Drown,
president: V. Y". Slsson, t Ice-president; K. S.
Gosney. secretart : T. K. I'ollock, treasurer;
who shall serte until their siiciessors are duly
elected In uccordanto with the prot Islons of the
by-laws.
AUTICI.K VII.
The llrst regular meeting of tho Hoard of
Directors and stockholders shall lie held at tin
Town of Flagstaff at such tlmoas thodlrectors
shall tleeni adtlsab'c.and the subsequent meet
ings shall lie helil annually thereafter, at suih
time and place as shall lie deslgnatetl ami set
forth in the by-laws.
AUTICI.K VIII.
These articles may bo amended or changed by
a tote of the majority of the stock Issued at
any regular or spedal meeting of the stock
holders after written notice of the proposed
change In such m inner as the bt-laws shall
direct.
We, the undersigned, do by these presents
severally agrte with each othir, for ourseltcs
mid those who may liecomo associated with us
ourand their legal represen tallies, that we and
thev shall lie tiound, controlled and concluded
bv the prot Islons. statements, stlpul illotis and
agreements loulalncd, mentioned and set forth
in the foregoing certllicate.
In witness whereof we, the said Incorpor
ators, hate hereunto set our hands and seals
this Hill day of April, A. D. llHl.
K. si GtlSNKV,
C. II. rAMIU.ll,
T. K. I'm UK K,
r. w. sissuN,
J. C. Ilium n.
Territory of Arizona, i
County of Coconino f
lleforeme, T. S. Hunch, a notary public In
and for the Countt of Coconino. Terrltorj of
Arlrnnu. on this I Ith day of April, I WO, pTsoii
ullv appeared T. K. Pollock, C. II. raniher, K.
S. Gosney and I'. W. Slsson, known to me tube
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