The Clifton clarion., 1888-11-28
Articles of Incorporation
-OF THE MOnteZuma Canal Company.

We the undersigned, g. W. Pomeroy, Isl- dor E. Solomon, John Blake, Adam Welker, Alexander Stevens, C. k. Freeman. A. H. Bennett, Hyrum H. Tippetts, David Golf man, I. I. Quinn, Jose J. Acuna, Francisco Chavarria, Victoria s. Garcia, Francisco Carreon, Mariana Carreon, Alejandro Fur rey, Francis James Dysart, John Well1er, Moses B. Steele, T. C.-Wanslee, Benjamin Peel, Joaquin Padilla, F. D. Futile, Wm F. Lee, J. B. Groesbeck, NJ. A. Allrnd, II. Dal- ton, Thomas Blake, J. E. Welker, J. E. West over, Eveline Olsen, Nancy NJ. Rollins, J. l.. Freeman, Augustine Jorques, John W. Mor- ris, Elizabeth Morris, J. B. Quinn, Geo. A. Olney, Joseph Weech, W. T. Barney, P. J. Bolan, Cristino Griialva and Evaristo Sainz, being the owners and tenants in con- mon from the year 1871, by ourselves or our grantors of a certain irr;gating canal com monly known and designated as the Mon tezuma Canal" situated in the county of Graham and Territory of Arizona; and con- mencing on the south bank of the Gila river in the aforesaid County and Territory at a point near the northwest corner of section 16, township south range P east G. & S. R. Mer.. and about 2k miles north of east from Solomonville, and ending at or near the Munson Cienega, arroyo or sand wash. And being desirous of incorporating ourselves and forming a corporation under the provis. ions of the laws of the Territory of Arizona and especially of an Act of the Legislative Assembly of the Territory of Arizona ap- proved March sth, 1887, entitled Corpora tions;" for the purpose Of mutual protec. tion, and of engaging in the business and enterprise hereinafter mentioned, do make subscribe and acknowledge these articles of incorporation and declare:
 I.
 That the name assumed by this corporation and by which it'shall be hereafter known is ''The Montezuma Canal Company" and the principal place for the transaction of its business shall be Solomonville, Graham County, Territory of Arizona.
 II.
 The enterprise, pursuit, business and oc- cupation in which this corporation propos. es to engage is that Of maintaining keeping in repair, eniarging and extending the said Montezuma Canal for irrigating and motive purposes, to acquire water and water rights by purchase and location, to construct and maintain canals, ditches. fumes, dams and reservoirs for the purpose of conducting storing and distributing water so acquired for irrigating land, watering live stock and for domestic and other purposes; and to dc and transact any and all kinds of business which may or might be done by natural person, that may be necessary to fully carry out the object of this corporation. III.
 The amount of the capital stock of thi. corporation shall be Ten Thousand Dollars | (S100O0.00) divided into four hundred share. of the par value of Twenty-Five Dollars [S25l each, to be fully paid up at the first meeting of the Board of Directors of the Montezuma Canal Company.
 ".
 The time of the commencement of this corporation shall be the day of the filing oi these articles in the office of the County Recorder of the county of Graham in the Territory of Arizona and shall terminate fifty years thereafter.
 Y.
 The affairs of this corporation shall be conducted by a Board of Directors composed of five person who shall be elected annually by the stockholders, and shall hold office for one year and until their successors shall be elected and qualified. The time and man. ner of said elections shall be prescribed in and provided for by the Bylaws of said corporation. Said Directors shall be sub- scribers to the capital stock of said corpora ton; and no person shall be eligible to said office of Director unless he be a stockholder in the corporation, and any person ceasing to be a subscriber shall cease to be a Direc- tor and hereafter if any Director shall cease to be a stockholder he shall cease to be a Director.
 VI.
 The highest amount of indebtedness or ia- biiity direct or contingent to which this cor poration is at any time to be subject is the sum of Five Thousand Dollars [S5,O ,OOOI. The stockholders and their property shall be ex- empt from the corporate debts of this cor poration.
 VII.
 The Board of Directors of this corporation shall have power to establish bylaws and make all rules and regulations necessary for the management of the affairs of this corpo- ration and the officers thereof. The follow named persons who are subscribers to the capital stock of this corporation shall con stitute its Board of Directors until the first Saturday in November, SSs, and until their successors are duly elected and qualified viz: Isidor E. Solomon, E. D. Futile, John Welker, Victoria $. Garcia and $. W. Pom eroy.
 In witness whereof we have hereunto set our hands and seals on the date of our sev- eral acknowledgements hereof.
 s. w. PoMERoY. SEAL
 1sIDoR E. SOLOMON, [sEALl
 JOHN BLAKE, SEAL
 ADAM WELKER, [sEALl
 his
 Witness, ALEXANDER x STEVENS [sEALl A. II. Bennett. mark
 C. R. FREEMAN, lsEAL7
 A. II. BENNETT, [sEALl
 HYRUM H. TIPPErTs, [sEAL7
 DAVID CoFFMAN, [sEALl
 II. QUINN, SEAL
 JOSE J. AcUSA, GsEAL]