The St. Johns herald., 1892-11-24
Articles of Inc0rp0rat on
 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. F Anderson and
 ciated ourselves together for the purpose of forming corporation under the laws of the
 Territory of Arizona, Title F, entitled "Corpor-
 ations," approved March 8th, 1887.
 ARTICLE l. The name adopted and assumed by this corporation, and by which 1t shall be
 known, is the St. Johns Water Works Company,
 and tie principal place of business of said Com
 County, Arizofh Territory.
 Art. ?. The enterprise and business in which the Company propose 10 engage are those of piping water from the Mcintosh Springs to the town of St. Johns, laying pipe in the streets of said town, connecting said mains with buildings an 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 ($10000, dollars, divided iuto four hundred (4G0l shares of the par value of twenty-five ($25l 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 Ist. 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 RecoIder of | Apache County, and shall terminate at the end ] fifty (50) years from the day of said ling. Art. ,, The affairs of this corporation shall ]
 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 Dece mber 1893, and regular stockholders meetings shall be held annually thereafter on | said third Monday in December for the purpose
 of elecing a 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 sad Company shall constitute Q Board of Directors | fl.l d1Ir n hR 2 nr
 til their successors are elected and qualified, to-
 wit: Albert C. Banta, J. T. Lesueur,J ]. ", Brown, | Ben Schuster, Willard Farr, C. r. 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 T. The private property of stockholders l shall be exempt from the debts Of the company l Art. 8. The officers of this corporation shall | be President Vice-President Secretary and a | Treasurer who shall be elected by the BOald of | Directors and from their number, on the SHtur-
 day following the regular stock holders meeting | The Board of Directors may also select and ap- | point such other officers and agents, to conduct
 the business as they may see lit, and invest in 1 them such powers as they may deem expedient. The Board of Directors shall also prescribe the
 duties of all its Oficels and see that such duties are faith ully discharged.
 Art g. The Board Of 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 De entitled to one vote and no meeting snail be held unless ma l jority of the paid up stock be represented Any 1 stock may be voted by proxy, if filed with the ! Secretary at or before the meeting. | Art IL The Board of Directors shall have 1 the right and power to borrow money for the ben
 eft and use of the corporation said sum of m0n- | ey or total indebtedness of the mpany not to | exceed the limit designated in Article of this Constitution or Articles of Incorporation. In witness whereof we have hereunto set our l hands and seals this 22d day of October, 1892