Arizona weekly enterprise., 1888-05-26
ARTICLES OEENCORPORA-
 TEON
CASA GRANDE IMPROVEMENT co.
OF THE

Know all men by these presents: That We | the undersigned have this day voluntarily associated ourselves together for the purpose l of forming Corporation to have perpetual succession under the laws of the Territory of Arizona, U. $. A. and we hereby certify:
 First: That R. G. Ingerson of the City of New York, Ed. s. Stokes of the City of New | York, Hector de Castro of the City of New York, Dwight Townsend of the City of New York, C, $. Smart of the City of New York, H. NJ. Porter of the City of New York, David Ferguson, of the City of Washington and J. Addison Peralta Reavis of Casa Grande, | Arizona Territory, are the Corporators of said Corporation which shall be known as Casa | Grande Improvement Company" and it's prin- cipal places of transacting business shall be in the City and State of New York and in the town of Casa Grande in the County of Pinal in sad Territory.
 Second: That the general nature of the business proposed to be transacted by said corporation is work of Internal Improve ment and therefore it is formed to buy, sell construct, maintain and operate railways, tramways, telegraphs telephones, highways canal, acequies, dams, fumes, tunnels, wells reserviors, water-ditches, water-pipes mills, gas and electric works and conduits for the same, and buildings of every character to- gether with all appurtenances to such work; to buy sell aAd lease rights of way for rail ways, telegraphs, telephones, highways, ca nals, fumes, pipes, tunnels, conduits and every other thing necessary to the carrying out of the objects of this organization; to buy, sell, bond, mortgage, lease, graze+ improve and and work lands, quairles, mines coal and other deposits, and all appurtenances neces- sary to the carrying out of such work; and to buy, sell and lease waters ard water-rights for navigating, irrigating, mining, mechanical, m tnufac turing, milling, domestic and all other pus poses for which water is or may be used; and to buy, sell and hypothecate the stock of water, land, building, mining mill ing, Sas, electric railway, telegraph, tele- l phone and other companies and to buy, and sell lig stock and cure meats of all descrip- tions and market the same, and also to con- duct dairies and market all dairy products,
 Third: That the amount of the capital stock of the said corporation shall be Fifty \ Milliols of Dolfrs (&50,0C ),000) which shall be di 7ided into five hundred thousand (500 coo = shares of the value of one hundred dollar: (S100) each, and the number of water-rights tC be issued by said corporation shall be twl mil on (2,000, 900 of tae valre of ten dollau (S1Cl each, all of which shall be unassessabl and sold for the benefit of said corporation.
 Four a: That said corporation shall com menoe on the 22nd day of November 1887 ant termina5e on the 22nG day of Nov 1937 dutation of Il y (5O) years; but shall be re pewed from ime to time for period of if (50l years each, when three fouzths (3-4 c votes of bonafde stockholders cast at an regular election held for the purpose shall b in favor of such renewal.
 Fifth: Ttat 5he affairs of said Corporatio B shall be managed during the first year of it existence bysR. c. In9ersol, New York, Et } $. Stokes, New York, H. M. Porter, Ne York, Dwight Townsend, New York, Dsvi Ferguson, Washington, A. E. Randle, w asl inG 5on and J, A. P. Reavis, Casa Grand Arizona, who shail constitute a Board of D sA rectoIs and who shall elect from their numb Q Pre- ident, Vice President nd Manse il Director, collectively con tituting an E. euolve Committee, to be governed by su, rules and regulations in the discharge of the m duties, collectively and severally, as may JiI prescribed by said Board; and said Board
 Dlrec50rs shall elect Q Treasurer and Sec tary; all oi whom shall hold eff e for the te. O. one year CT unti their successors are du eleo5ed and qualified unless removed by = voGe of two-th rC;s 2-3)of the number of sha1 Js Of the Caoisal Sock Of sad Corporation he by bonadde owners at the time of such V, irs; and thg5 said Board of Directors sh eloc5 Gereral Manager at such salary
 may be agreed upon from time to time, W . shall en CT inJo contract wiGh said corp tlCn to serve sid C. D rat on under the 1 'o' rec-lon of sad Bo4rd for the term of fl years; and said BoAid ot Directors shall fol a code of By Laws for the re5ulation . man cement os the business of said Corp atlon and shall appoint such other officers . sr5ol dinates rom time to time tUey Ill deem proper and beneficial to the beest int ests of sa d Corporation, and shall prescri Kules end Regula ions for the management the business ot said Cot9o-e ion and shall pl fish the same together wioh the Articles
 Agreement and Bylaws of sad Corp ation in such form and in such manner as {h may deem best; and shall adopt a Corror; Seal Which shall be used in such matters they may prescribe; and shall also plescri the duties and compensation of themselv and the officers and subordiDates of sid e poration The nu.lber of sad Directors sh rbn eh1l1 hn nIa Eo1 &l,o Monday alter the first day of December
 each yer by ballot of one wee to each sh; of the Capidal Stock of $ i'd Corporation ht by bonahde owners who may vo6e by writt proxy at all e'ec, o1s of srch stockholde a majority of w1iea shall e'ers: and a maio @ ty of said Board sheli colss, ute quorum @ the transaction of the busineSs of said Corp ,, ation.
 Sixth: Thst five million dollars (s5, ,OO OO0, s the hi5hs. amor a5 of indebtedness
 liability to which aid corporation is at al time to subject self
 Seventh: That the holders of the D e'e-p stCck of said Corp Drs ;iol as herein provid shall in no way be liable fot any portion of { Indebtedness of said Corpo ation TOT shall t p ivate property of the stcokho!oels of sa Co 1o' tion not holding such prefer. ed sto be liable for Corporate de3ts except tie S 0 2 wh5 they hold in said Corporation all
 Nhich unpreferred or common sock shall c liable foc any indebtedness which may laW-CltV lncPfFed by sad Cooperation.
 El5 h: Tnet, in order to carry odt the jects of 6l's organization, the Directors of ss corporat ton end their successors may contr; for lands, buildings, works and livestoC - mines, waters and wS5er-ii2hts raiwa 7 tramways, teleGra phs, telephones, bighwa - canals fumes. pipes, copduits, tunnels a rights of way for the same, and every class
 mill and dam si es mining, mechanical, msl facturin9, millirg, damming domestic and evt other class of m3 terial or thing necessary
 the carrying out of the objects of thls orsa zation and yae stock of other companies; a = shall, in ybeir judgment pa, for such Ian A buildings, worts and livestock, mines, wat and wa er-rights. railways, tramways, te graps, telephones, highways, canals. fun pipes, conduits, tunnels aud rights of way ., the same, and every class of mill and d Be sites, mining, mechanical, manufacturi
 milling, damming, domestic and every otl class of material or thing necessary to S. carrying out of the objects of this organi tion and the stock of other companies out the capital stock of said corporation and tl said Directors shall endorse thereon 'Thi - full paid property stock, per cent preferr
 or 'this is full paid cash stock, 1 per cent I ferred" as the case may be, varying the
 cent preferred according to agreement.
 In witness whereof we have hereunto
 our hands and seals this 22nd day of Move
 Der, A. D. 1887.
 ROBERT C.. INGERSOLL, II IS. ED. s. STOKES, ii
 JfsTTFTN TNUr { AFtT