The St. Johns herald., 1892-12-15
Articles of Incorporation
 OF THE St. JOHNS WATER WORKS COMPANY

Know all men by these presents: That we,
 Albert F. Banta, J. T. Lesueur, J. W. Brown,
 Ben Schuster, Willard Farr, c, P. Anderson and
 J: B. Patterson, have this day voluntarily aSsO-
 ciated ourselves together for the purpose of forming corporation under the laws of the
 Territory of Arizona, Title F, entitled "COrpor-
 atiOnS," approved March Sth, 1887. ARTICLE 1, The name adopted and assumed | by this corporation, and by which it shall be
 known is the St. Johns Water Works Company,
 and the principal place of business of said Com
 pany shall be at the town of St. Johns, Apache | County, Arizona Territory.
 Art. ?. The enterprise and business in which
 piping water from the Mcintosh Springs to the l town of St. Johns, laying pipe in the streets of
 said town, connecting said mains with buildings
 and supplying water to the inhabitants of said town collecting rents, and all other business necessary i'll establishing and carrying out said
 enterprise.
 Art. 3. The capital stock of this Company
 shall be ten thousand ($10,O0Ol dollars divided | into four hundred (4UOl shares of the par lue
 of twenty-fiv ($25) dollars each, and the time
 when, and the conditions upon which it is to be
 paid are as follows: Forty per cent of amount
 subscribed on or before December lst. 1892, and | the balance at such time or times as the Board
 of Directors shall by resolution or order pre- | scribe.
 Art. 4. The time of the commencement of
 this corporation shall be the date of filing these
 articles in the office of the County Recorder of i Apache County, and shall terminate at the end | fifty (50) years from the day of said sling. | Art. 5, The affairs of this corporation shall be conducted by Board of Directors consisting of seven persons, who shall be elected by the stockholders of said company annually, The first regular annual meeting of the stockholders of this corporation shall be on the third Monday in December, 1853, and regular stockholders meetings shall be i.eld annually thereafter on said third Monday in December for the purpose of electng Board of Directors and tranSacting such other business as may properly come before said meetings. The following named persons, who are subscribers to the capital stock of said Company, shall constitute Board of Directors until the third Monday in December, 1S93 or uri- til their successors are elected and qualified, to- wit: Albert t. Banta J. T. Lesueur, J. W, Brown,
 Ben Schuster, Willard Farr, C. P. Anderson and J. B. Patterson.
 Art. 6. The highest amount of indebtness or liability to which this corporation is at any time to subject itself is limited to six thousand dollars.
 Art. 2. The private property of stockholders shall be exempt from the debts of the company. Art. s. The officers of this corporation shall
 be President, Vice President, Secretary and Treasurer, who shall be elected by the Board of Directors and from their nulsber on the Satur- day following the regular stockholderS meeting. The Board of Directors may also select and ap- point such other officers and agents. to conduct the business as they may see fit, and invest in them such powers as they may deem expcdient. The Board of Directors shall also prescribe the duties of all its officers. and see that such duties are faith ully discharged.
 Art. g. The Board 0f Directors at any of their regular or called meetings for the purpose, may make and adopt such bylaws as they may deem proper and necessary for the government of the corporation and officers thereof, and at all meet ings of the Board of Directors quorum of four members present will be necessary to transact business
 Art. 10. At all regular or called meetings of the stockholders for the election of Board of
 Directors, or the transaction of any other busi- ness, each share of stock shall be entitled to one vote, and no meeting shall be held unless ma jority of the paid up stock be represented. Any stock may be voted by proxy, if filed with the Secretary at or before the meeting. Art. IL The Board of Directors shall have the right and power to borrow money for the ben eft and use of the corporation, said sum of mon ey, or total indebtedness of the Company not to exceed the limit designated in Article 6 of this Constitution, or Articles of Incorporation. In witness whereof we have hereunto set our hands and seals this 22d day of October, 1892 ALBERT F. BANrA, HSeal1 I T. IESTETJR ISaaI i