Arizona republican., 1891-01-10

Mining and Water Storage
 COMPANY
 We. Daniel K. Heating, Horatio H. Wharton and Alfred Berwick, desiring to incorporate ourselves under the provisions of the laws of the Territory of Arizona, and especially tn Act of the Legislative Assembly entitled "An Act Con corning Corporations" approved Mar,h 8, A. D. 1887, and all acts amendatory thereof for the purpose of engaging in the lawful enterprises, businesses, pursuits and occupations hereinafter specified, do make, adopt, subscribe and ac. according to law these articles of in, and declare and state as follows:
 ARTICLE I.
 The name adopted and assumed by this corpo. ration and by which it shall be known is 'THE FRENCH GREEK MINING AND WATER STORAGE and its principal place of transact ing business is in the City of PhGlnlx, in the County of Maricopa and Territory of Arizona, and the time of the commencement of this cor poration shall be the day of the filing of these articles in the offices of the County Recorders oi the Counties of Maricopa and Yayapsi, in tho Territory of Arizona. and the termination there, of shall be twenty-five years thereafter.
 ARTICLE II. The enterprises, businesses, pursuits and oc. equations in which this corporation proposes to engage are those of constructing, maintaining and operating reservoirs, dams, canals, ditches of rh Ans hs, deemed necessary, in Yavapai County. Territory of Arizona. for the purposes of hydraulic min. ing, placer mining, gold washing, ground sluic. ing, quartz milling and mining; agricultural and stock raising purposes; the purchase and sale of mining claims, mineral, agricultural os other lands; the leasing, sub-leasing, letting or snb-letting of water, mining claims. agricultural or other lands; constructing buildings, sheds, workshops or other enclosures; selling, renting, or leasing the same; laying out and constructing townsites and roads connecting ther0with, and such other lawful occupations as the company may see At or deem advisable to undertake.
 ARTICLE III.
 The place where this corporation proposes to have It's principal office and place of business is in the City of Phoenix, in the Territory of Ari zona.
 ARTICLE ".
 The amount of the capital stock of this corpo. ration shall be two hundred thousand CsaOO, ,OO0) dollars, divided into two hundred thousand GOO ,0oOl shares, of the par value of one dollar each, and the time and the conditions upon which it Is to be paid are as follows, viz: From time to time after the same shall be subscribed, as the Board of Directors shall by resolution or order prescribe.
 ARTICLE V.
 The amount of the par value ot each share in the capital stock of this corporation shall be one dollar.
 ARTICLE VI
 The highest amount of indebtedness or liabil ity, direct or contingent, to which this corpora ton is at any time to subject itself shall not ex ceed the sum of one hundred thousand fsl0O,o0O, dollars.
 ARTICLE VII.
 The stockholders in this corporation and their private property shall be exempt from the cor. porate debts of this corporation.
 ARTICLE VIII.
 The affairs of this corporation arc to be and they shall be conducted by Board of Directors consisting of seven persons, who shall be elected by the stockholders from among their number at their regular annual meeting to be held on the first Monday of November of each year. The following named persons, who are sub scribers to the capital stock of this corporation shall constitute the Board of Directors until their successors are elected and qualified, which shall be at the first annual meeting of the stock holders of this corporation, viz: Alfred Bor- wick, August G. Meissner, Daniel E. Heating, Archibald Berwick, Horatio II. Wharton, Will jam c. Trairlwall, Cecil B, Ayrton.
 ARTICLE K.
 The Board of Directors of this corporation shall have the right and power to borrow money and contract to repay the same at suc,a time as they may see fit, and with such rates of interest as to them may be deemed expedient or advis- able, and to secure the payment of any such loan may pledge, mortgage or hypothecate the whole or any part of the corporate property, and such Board of Directors shall have the power to establish bylaws and make all rules and regulations deemed expedient for the man. agement of the affairs and the offices of said 
 ARTICLE X.
 No person shall be elegible to the office of Director unless he is stockholder in this cor. poration, and upon ceasi ng to be stcckholder he shall cease to be Director.
 ARTICLE XII These articles of Incorporation may be amended by majority vote of the stockholders is any annual or special meeting called for that purpose, after sufficient notice shall have been gwen to each Director, and sufficient time shall have elapsed necessary for him to serd in his proxies or be present personally.
 ARTICLE XII.
 Each share of the capital stock of this corpor- stion shall be entitled to one vote at any annual pr special meeting of the stockholders, and the highest number of votes shall be deciiive, and voting by proxy shall be allowed on com pliance with the conditions stated in the bylaws.
 In witness whereof we have hereunto set our hands this eighth day of January, A. D., 1891.
 DANIEL E. HEATING,
 HORATIO H. WHARTON,
 ALFRED BORwICK.
 Acknowledgment.