The Arizona sentinel., 1888-06-02
ARTICLES OF INCORPORATION.
OF the South ella Canal Company.

We, Robert Mcpherson, W. E. Pope and
O. f. Thornton, desiring toincorporate our
selves under theprovisiens ofthe laws ofthe
| Territory of Arizona, and especially an Act
of the Legislative Assembly thereof entitled
can Act Concerning corporations, approx
ed March Sth, 1887, for the purpose of en-
gaging III the enterprise hereinafter describ-
ed, do make, subscribe ana acknowledge in
triplicate these Articles Of Incorporation,
which are an amendmentto the original Art
icles of Incorporation signed upon the TWEEN
tieth day of July, A. D. 1887.
The name of this corporation, and by which
it shall hereafter be known, is "The South
ella Canal Company, andits principal place
for transacting businessis the town of Texas
Hill, County of Yuma, Territoryof Arizona.
H.
This corporation is organized for the pur-
pose of constructing canal and reservoirs in
the Counties of Maricopa and Yuma, Terri
tory of Arizona, upon the South bank of the
ella River, for the purpose of diverting and
carrying water from said ella River for ag-
ricultural, horticultural, domestic and man
ufacturing purposes.
The amount of the capital stock shall be
Five Million (S5, 600, 000,OO) dollars, divided
into two hundred thousand GOO, OOO) shares
OF the par value of Twenty-Five 1925. 00) dol
lars each, one hundred thousand 200, OOO)
shares of which shall bepreferred stock; said
stock shall be paid in at the time and under
the conditions specified authorized by the
Board of Directors of this corporation.
".
Tlo Sc IL -.
shall be the day upon which these Articles
areiled in the office of the Recorder Of Yuma
county, and shall terminate fifty (50) years
thereafter.
The affairs of the corporation shall be con-
Quoted by Board of Directors composed of
five [5l persons, who shall be elected annual
ly by the stockholders, and shall hold office
for one year and until their successors are
elected and qualified.
The time and manner of said election shall
be provided for in the Bylaws of said cor
poration.
Said Directors shall be subscribers to the
capital stock of said corporation, and noper-
son shall be eligible to said office unless he
be stakeholder in the corporation, andany
person ceasing to be subscriber shall cease
to be Director, and hereafter it any Direct
or, shall cease to be stakeholder he shall
cease to be Director.
The Board ofDirectors of this corporation
shall have power to establish Bylaws and
make all rules and regulations necessary for
the management of the affairs of this corpor-
alton and the officers thereof
The following named persons, who are
subscribers to the capital stock of this cor
poration, shall constitute the Board of Di-
rectors until the Goth day of July, 1883 and
until their successors are duly elected and
qualified, to wit: Robert Mcpherson, W. E.
Pope, o. F. Thornton, g. w. Cameron, and
G.. w. Mauk.
VI.
The highest amount of Indebtedness. di-
rect or contingent, to which the corpora
ton shall be at any time liable is the sum
of One Million Isl, 900, 0OO.O0) Dollars.
The stockholders and their private prop
erty shall be exempt from the corporate
debts of this corporation.
In witness whereof we have hereunto set
our hands and seals this twenty-eighth dav |
of February, A. D., 1888. Executed in |
triplicate.
O. F. Thornton, IL. ST.
w. Z. Pope, I'll. 81