The Clifton clarion., 1888-11-21
Articles of Incorporation
-OF THE MOntezuma Canal Company


 Montezuma Canal Company. We, the undersigned. s. W. Pomeroy, IsI- dor E. Solomon, John Blake, Adam Welker, Alexander Stevens, c. R. Freeman. A. II. Bennett, Hyrum II. Tippetts, David Golf man. I. l. Quinn, Jose J. Acuna, Francisco Chavarria, Victoria S. Garcia, Francisco Carrcon, Mariana Carreon, Alejandro Tur- rey, Francis James Dysart, John Welker, Moses B. Steele, T. C.-Wanslee, Benjamin Peel, Joaquin Padilla, F. D. Futile, Wm F. Lee, J. B. Groesbeck. M. A. Alfred. II. Dal- ton, Thomas Blake, J. E. Welker, J. E. West 1 over, Eveline Olsen, Nancy NJ. Rollins, J. l.. | Freeman. Augustine Jorques. John W. Mor- 1 ris, Elizabeth Morris, J. E. Quinn, Geo. A. Olney, Joseph Weech, w. T. Barney, P. J. i Bolan, Cristino Grijalva and Evaristo Sainz. being the owners and tenants in con- mon from the year 1871, by ourselves or our grantors of certain irrigating canal com monly known and designated as the Mon tezuma Canal" situated in the county of Graham and Territory of Arizona; and com
 
 in the aforesaid County and Territory at a point near the northwest corner of section ! 16, township south, range 2 east q. & S. R. Mer.. and about 2E 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 ar- 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:
 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 enterr rise. pursuit, business and oc- cupation in which this corporation propos- es to engage is that of maintaining, keeping in repair, enlarging 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 do 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.
 The amount of the capital stock of this corporation shall be Ten Thousand Dollars (Sl0,000.00) divided into four hundred shares 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 of 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 Board of Directors composed olive persons 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 sad 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- tion; 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 subscriber shall cease to be Direc- tor and hereafter if any Director shall cease to be stockholder he shall cease to be Director.
 The highest amount of indebtedness or lia- bility direct or contingent to which this cor poration is at any time to be subject is the sum of Five Thousand Dollars [S5,OOOl. The stockholders and their property shall be ex- empt from the corporate debts of this cor poratior.
 
 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, 1888, and until their successors are duly elected and qualified, viz: lsidor E. Solomon, E. D. Futile, John Welker, Victoria S. Garcia and $. w. Pom eroy.
 In witness whereof we have hereunto set our hands ard seals on the date of our sev- eral acknowled ements hereof.
 s. W. PoMERoY TsEAL1
 lsIDOR E. SOLOMON, TsEALl
 JoEN BLAKE TsEAL1
 ADAM WELKER, [sEALl
 his
 Witness, ALEXANDER x STEVENS [sEALl A. H. Bennett. mark
 (. R. FREEMAN, [sEAL1
 A. H. BENNETT, [sEAL1
 HYRUM H. TIPPETTs, TsEALl
 DAVID CoFFMAN, GsEAL1
 II. QUINN, IsEALl
 JOSE J. ACUNA, [sEAL1