Arizona republican., 1891-01-21

! 1887, and all acts amendatOry thereof, for the purpose of engaging in the lawful enterprises, businesses, pursuits and occupations here natter specified, do make, adopt, subscribe and ac- knowledge according t0 law these articles of in corporation. 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 CREEK MINING AND WATER STORAGE COMPANY" and its principal place of transact ing business is in the City of PhGnix, in the County of Maricopa and Territory of Arizona, and the time of the commencement of this cor porlton shall be the day of the filing of these articles in the offices of the County Recorders of the Counties of Marcopa and Yavapai in the 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 Go engage are those of constructing, maintaining and operating reservoirs, dams, canals, ditches and waterways, of whatever description may be 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 or other lands the leasing, sub-leasing, letting or sub-letIng 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 | toYnsites and roads connecting herewith, and such other lawful occupations as the company may see fit or deem advisable to undertake.
 ARTICLE III.
 The place where this corporation proposes to l have it's principal office and place of business is in the City of Phoenix, in the Territory of Ari- zCna.
 ARTICLE ".
 The amount of the capital stock of this corpo- ration shall be two hundred thousand (s2O0,0OO) dollars divided into two hundred thousand | (1O0,COO) shares, Of the par value of one dollar ] each, and the time and the conditions upon l 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 of each share in the capital stock of this corporation shall be one dollar.
 ARTICLE VI The highest amount of indebtedness or iabil- | ty, 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 tSlOO,OOO) 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 10 be and they shall be conducted by a 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 1 the first Monday of November of each year. The following named persons, who are sub scribcrs to the capital stock Of this corporation, ] shall constitute the Board of Directors unul . their successors are elected and qualified, which snail be at the first annual meeting of the stock holders of this corporation, viz: Alfred Bor- wick, August G. Mei,suer, Daniel F. Keating, | Archibald Berwick, HOratiU IT. Wharton, Will ian C. Thairwall, Cecil B. Ayrton.
 ARTICLE TX.
 The Board of Directors of this corporation shall have the right and power to borrow money and contract to repay the same at such time as they may see fit, and with such rates of interest as to them may be deemed expedient or adyis- 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 ! corporation.
 ARTICLE x.
 No person shall be elegible to the office of Director unless he is a stockholder in this cor. poration and upon ceasing to be a stockholder | he shall cease to be Director.
 ARTICLE XI.
 These articles of incorporation may be amended by q majority vote of the stockholders at any annual or special meeting called for that purpose, after sufficient notice shall have been given to each Director, and sufficient time shall have elapsed necessary for him to send in his proxies or be present personally
 ARTICLE XII.
 Each share of the capital stock of this cOrpor' ation shall be entitled to one vote at any annual or special meeting of the stockholders, and the highest number of votes shall be decisive, and voting by proxy shall be allowed on com pliance with the conditions stated in the bylaws
 In witness whereof we have hereunto set oui hands this eighth day of January, A. D, 1891.
 DANIEL E. HEATING,
 HORATIO II WHARTON,
 ALFRED BORWICK.
 Acknowledgment. TERRITORY OF ARIZONA,
 COUNTY OF MARICOPA
 Before me, Henry l.. Wharton n Notary Pub lie in and for said county, on this day person ally appeared Daniel R. Keating, Horatio II Wharton and Alfred Berwick, known to me tC be the persons whose names are subscribed tt the foregoing instrument, and acknowledged t( me that they executed the same for the pur poses and consideration therein expressed.
 Given under my hand and seal of office, thi eighth day of January, 1891.