The Arizona sentinel. [volume] (Arizona City [Yuma], Yuma County, A.T. [Ariz.]) 1872-1911, 1892-02-06
ARTICLES OF MCoBPaaaTioa oF TIE
YUMA IMPROVEMENT
COMP.4VT.

We, S. S. Gillespie, NJ. J. Nugcnt and
Z. b. Wagy, desiring TO incorporate our
selves under the provisions of the
! laws of the Territory of Arizona, and
| specially an Act of the Legislative As
| sembly thereof, entitled can Act Concern
ing Corporations, approved March s, 1887
for the purpose of engaging in the lawful en-
terprises, business pursuits and occupation
hereinafter specified, do make, subscribe
and acknow ledge according to law. these
articles of incorporation and declare:
The name assumed by this corporation
and by " hich 1t shall be known is the Yuma
Improvement Company, and the time OF
the commencement of this
corporation shall be the day of the filirg
of these articles in the Office of the County
Recorder OF the county of Yuma, Territory
of Arizona, and the termination thereof
shall be twenty-five (25) years thereafter.
H.
The enterprise, pursuits, business and
occupation IN which this company pro-
poses to engage, is, that of constructing
maintaining and operating dams, acequias,
canals, water wheels, bitches, fumes,
pipes, conduits, pumps, bydrants, plugs,
reservoirs, aqueducts gates and such other
structures and appliances as may be neces-
sary and useful in turning, conducting,
controlling, obstructing and regulating the
flow of water, acquiring by location, APP
preparation and purchase, and in any other
lawful manner whatever, water, water
rights and franchises, dana, acequias, ca
mails, bitches, fumes. waterwheels, acqoe-
ducts, pipes, conduits, pumps, hydrants,
plugs, reservoirs, gates and such other
structures and appliances as may be neces-
sary, convenient or useful in turning con-
Quoting obstructing controlling and regu-
lating the flow CT water; to buy and sell
water, water-rights in other companies and
the uEc thereof for all and any purposes, to
acquire by purchase, location and in any
other lawful manner, real estate, lands,
and ali kinds OF property, real personal or
mixed; to lay out, construct and acquire by
purchase Or in any other lawful manner
and accept, hold, possess, enjoy, operate,
and use franchises from any State Or Terri
tory OF the United States. or in any county
or municipal or private corporations, wagon
roads, canals, mills, factories, houses capt
tai stock and bonds Of corporations, chattels
goods, wares, and merchandise, chooses in
action; carrying on the business Of banking
III all its branches receiving moneys on de-
post and paying them out again on the
checks and orders Of the depositors, borrow.
ing and loani0g moneys, dealing in all
kinds Of negotiable paper including promis-
sorry notes mortgages, real and personal
property, stocks, bonds, city school, county
and Territorial warrants, gold, silver, cop
per, and lead and other kinds of bullion
and ores, bills of exchange and all other
evidences of debts and bankable paper,
and loaning money on good and sufficient
security, either personal, collateral or real
estate, to be determined by the officers of
this corporation, bayipg, manufacturing,
operating, selling and dealing in electrical
appliances for driving machinery, as motor
power for propelling any and all kinds of
mechanical appliances where electricity is
applicable, telephone and telegraph lines,
electric lights; to transact any and all
kinds of business which may be transacted
by Z natural person; to hold, use and enjoy
the same, and to ALLEVIATE, sell, lease. de
mise and dispose Of the same or any part
thereof, as well as of any ether property
this corporation possesses, be seized of or be
entitled TO; to borrow money and contract
to repay the same at such time or times as
its Board Of Directors deem proper and see
dt; and to hyp0thecate, mortgage, or
pledge, all or any part of the property
which this corporation may hereafter ac-
quire; tc secure the payment Of such money
with interest; or 20 secure payment Of any
debt Of this corporation, with such inter
est thereon as it may be legally Obligated
to pay; to contract 10 set out and improve
lands, with fruits or other products of the
soil, for cash or on shares; to erect sugar
factories aud mills, aud to conduct gen
eral merchandise and trading business; to
buy and sell, gold, silver, copper, lead aud
other mines to form subsidiary companies
to work them, and to erect quartz mills, |
smelling furnaces Or other reduction works |
for the treatment Of all kinds of mineral |
ores.