The Arizona sentinel. [volume] (Arizona City [Yuma], Yuma County, A.T. [Ariz.]) 1872-1911, 1888-11-17

y ana Joe NJ. culver, ueSlTlHS 10 lnCOIPOiaV
: ourselves and to form corpor.tion unde
}. the provisions of the laws of the Territor
!. of Arizona, and especially of an act of tn
Legislative Assembly thereof entitled Al
=; Act Concerning Corporations, approved
; March s, 1887, for the purpose of engaging
) in the business and enterprise hereinafte
: knowledge in triplicate these Articles o
Incorporation.
ARTICLE
The name of this corporation and by
which it shall be hereafter known shall be
'The Farmers Irrigating Canal Company,
and the principal place for the transaction
of its business shall be in Toltec precinct,
Yuma County, Arizona Territory.
ARTICLE II.
The business and enterprise in which this
Corporation purposes to engage shall be to
construct and maintain an irrigating canal
heading ON section 20, township 5 south,
range 10 west, in Maricopa County, Terri
tory of Arizona, thence running in south
westerly direction to point north of the
middle of section 10 township 6 south,
range l3 west; also to construct and main
tain mains, fumes, dams and reservoirs for
the purpose of conducting, storing and dis
tributing water so acquired or obtained for
irrigating land, watering live stock and for
domestic and other purposes; and to sell
water rights and to supply water for said
purposes, and to do and transact any and all
kinds of business that may be necessary to
carry out the provisions of this corporation.
ARTICLE III.
The amount of capital stock of this cor
poration shall be ($I5, OOO Fifteen Thous-
and Dollars, divided into l20 shares of the
par value of (SI25) One Hundred and Twen-
ty Five dollars each. Each share shall be
a water right for (4O) Forty acres, and shall
be entitled to one vote.
ARTICLE w.
The stock of this corporation shall be
non-asssssable except to maintain the canal
and for such material and necessary ex-
penses as shall be required in the first con-
struction Of the canal. The stock shall be
paid ia at the time and under the condi-
tions ordered and authorized by the Board
of Directors of this corporation.
Each water right shall describe the land
to which it belongs and is not transferable,
but shall be fixture to the land with which
it was issued, provided that after the COM
pletion of the canal any member may trans
fer his right, or portion of his right to the
corporation for disposal to holders of land
under the canal, the receipts of which shall
accrue to the member so transferring his
right, the corporation fixing the price of the
same,
ARTICLE v.
The time of commencement of this corpo-
ration shall be the day of the filing of these
Articles in the Office of the Recorder of the
County of Yuma, Territory of Arizona, and
shall terminate (5e) Fifty years thereafter.
ARTICLE VI.
The highest amount of liability or in
debtedness, direct or contingent, TO which |
this corporation is at any time to be subject |
is the sum of 1900 Three Hundred Dollars. |
ARTICLE VII.
The officers of this Corporation shall be |
President. Secretary, Treasurer, and |
Board of not more than five Directors. The |
affairs of this corporation shall be conduct
ed by the Board of Directors, the Presi-
dent of the Corporation being ex-oticio a
member and chairman, and the Secretary
OF the Corporation being ex-oficio Clerk of
the Board of Directors.
All officers shall be elected annually by
the stockholders, and shall hold office for
one year, and until their successors are
elected and have qualified. The time and
manner of said election shall be prescribed
in and provided for by the Bylaws of said
Corporation.
All officers shall be subscribers to the
capital stock of said corporation, and no
person shall be eligible to office unless he
be stakeholder in the said Corporation,
and hereafter if any officer ceases to be a
stakeholder his Office shall be declared va
can't
On September 81, 1888, the following
officers were elected and qualified: Presi.
dent, I. ]. V'ham; Secretary, W. H.
Housh; Treasurer, William Wrage; and
Board of five directors, to-wit: T. J.
Wham, ex-officio; A. E. Martin, A. J.
Reiss, L. F. Gray and George Lacy. (P.O.
addiess of all officers Aqua Caliente, A. IT,
This corporation shall have power by
two-thirds vote to establish Bylaws and
regulations necessary to the management of
this corporation and the officers thereof.
ARTICLE VIII.
The stockholders and their private prop
erty shall be exempt from the corporate
1ebts of this corporation.
IN WITNESS WHEREOF, We have
1ereunto set our hands and seals this 9th
lay of September. A. d. 1883.
JOS. I. WHAM. TsEAIl
A. E. MARTIN. IsEAL1
WIN. WRAGE. isEALi
w. Fl. HOUSH. fsEAL1
JOE M. CULVER. TsEAL1 I;
On this 9th day of September, 1888, ap-
oeared before me Maj. J. W. Wham, w. ,