Arizona republican., 1890-07-05
ARTICLES OF INCORPORATION
 OF THE FARMERS IRRIGATION COMPANY.

Know all men by these presents that we, Daniel K. Keating, Horatio H. Wharton and Cecil B. Ayrton, desiring to incorporate our selves under the provisions of the laws of the Territory of Arizona and especially an Act of the Legislative Assembly thereof, entitled "An Act Concerning Corporations" approved March Sth, 1887, for the purpose of engaging In the en- terprise hereinafter described, do make sub scribe and acknowledge in triplicate these Arti- cles of Incorporation, and declare:
 The name of this corporation and by which it shall hereafter be known is 'The Farmers Irri gation Company" and it's principal place for transacting its business shall be the City of Phgnix, county of Maricopa, Territory of Ari- zona.
 This corporation is organized for the purpose of constructing, maintaining and operating canals and reservoirs in the county of Maricopa, Territory of Arizona, and to divert and carry water from the Salt river for agricultural, hor- ticultural, domestic and manufacturing pur- poses to buy, sell, deal and trade in lands, i'm proved or unimproyed, and In every kind of property, and to take and hold securities there on and upon any property whatever; to buy, sell deal and trade in water rights, shares fin water canals or in any and all corporations, H.
 The time of the existence of this corporation shall be fifty [J0l years from and after the date of its incorporation.
 " The affairs Of this incorporation shall De con ducted by board of seven directors who shall be elected annually on the first day of May by the stockholders and shall hold office for one year and until their successors have been duly elected and qualified, but the names of those who shall be directors and serve us such officers until the first day of May, 1891, and until the election of their successors and their qualifca- | tion, are Richard L. Hattersley, George w. | Brown, Walter Thompson, Wm, c. Thairlwall D. E. Keating, Horatio H. Wharton, Cecil B. 1 Ayrton.
 V.
 The capital stock of this corporation shall be one hundred thousand [sl0O,Oo00ol dollars div. | ided into ten thousand llOOOOl shares Of the par value of ten lsi00OI dollars each, and said cap, ital stock shall be paid on call of full board oi directors and shall be non-assessable.
 VI
 The highest amount of indebtedness or lia | bility to which this corporation shall at any time subject itself shall be fifty thousand 1850, 000.00l dollars
 The stockholders and their private propert, shall be exempt from the corporate debts of thii | corporation.
 The board of directors of this corporation | shall have the power to make all needful by laws and rules and regulations for the manage ment of the affairs of this corporation and 1t officers.
 | No person shall be eligible to the office c director unless he be a stockholder in the cor poration, and upon ceasing to be stockholde he shall cease to be director.
 Witness our hands and seals this 18th day O June, A. D., 1890.
 DANIEL E. HEATING. [Seall HoRATIo H. WHARTON. tSeall
 CECIL B. AYRToS. lSeall
 TERRITORY OF ARIZONA ss
 COUNTY OF MARIcoPA. ''' Before me, Joseph Campbell, a Notary Publi in and for Marieopa county AT on this day per per H0RATI0 H. WHARTON, personally knowi to me to be the persons whose names are sub scribed to the foregoing instrument and ac for the purpose and consideration therein ex pressed. Given under my hand and seal O office this 18th day of June, A. D., 1890