The St. Johns herald., 1892-12-22
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 Fsrr, 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 l, 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
 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 ill establishing and carrying out said
 enterprise.
 Art. 3. The capital stock of this Company
 shall be ten thousand ($10, ,000l dollars, divided iuto four hundred (4U0l shares of the par value
 of twenty-five t$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 Apache County, and shall terminate at the end l fifty (5O years from the day of said filing. Art. 5, The affairs of this corporation shall | COnSlSIllR
 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 1893, and regular stockholders meetings shall be held annually thereafter on | said third Monday in December for the purpose of electing a Board of Directors end 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 a Board of Directors | ha hir6 dav n npnpmh nr mn til their successors are elected and qualified, to-
 wit: Albert F. Banta, J. T. Lesueur, J. W, Brown,
 Ben Schuster Willard Farr, C. P. Anderson and J. B. Patterson.
 Art. G. 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 7 The private property of stockholders | shall be exempt from the debts of the company.
 Art s. The officers of this corporation shall | be a President, Vice President Secretary and | Treasurer who shall be elected by the Board of | Directors and from their number, 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 it, and invest in
 them such powers as they may deem expedient.
 The Board of Directors shall also prescribe the duties of all it's officers, 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 allmeet- | 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
 vote, and no meeting shall be held unless a 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 of this | Constitution, or Articles of Incorporation. In witness whereof we have hereunto set our | hands and seals this 22d day of October, 1892 l ALBERT K BANTA. fSeal