Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1893-01-12
ARTICLES OF INCORPORATION
Oh
New York Canal and Irrigation
Company.

To all 10 whom these presents shall come:
Be It known that we, A. A. Dougherty, resid.
ing at Los Angeles, State of California, VIM. Y.
Deity, residing at ella Bend, hsricopa county,
Territory of Arizona, J. s. Van Doren, residing
at the city and county Of Los Anpeles and
State OF California, Wells Hendershott OF
Phnnix, A ARIZONA, citizens OF the United States,
residents aforesaid, and whose names are here.
under written, being DESTROYS Of forming cor
poration under the laws OF the Territory OF
Arizona, now existing andin force, known and,
designated as Chapters one ~ and two (2I
Title XII OF the Revised Statutes OF 1887 Of said
territory, with all the rights and privileges OF
said chapters, have associated ourselves to-
gether as, and to become, body corporate I'M
der the laws aforesaid, and have and exercise
all the powers and privileges therein and there
by conferred, and receive all the benefits and
advantages resulting and to be derived there.
from, do now make, publish, d. clare and adopt
these as and to be our Articles of Incorpor-
alton.
The names of the ineorporators OF said cor.
.poraton are the aboye-named citizens and resi-.
dents, as aforesaid, and the name of said cor
poration is and shall be "New York Canal and
Irrigation Company" That the principal place
OF transacting the business thereof shall be the
City of Phoenix, County of Maricopa and Terri.
tory Of arizona.
. The general nature of the business proposed
to be transacted by taid corporation is TO &C
/ quiIe by grant, gift, condemnation, or other
wise, from the government of the United States,
Tor Others having power to grant or dispose OF
land, water-rights, watersheds, natural springs,
lakes, bayous and running streams OF water,
with any and all rights and privileges there
unto or In any wise belonging, and construct
thereon reservoirs and dams, fumes, pipes,
. acqueducts, locks and other means Tor the
STORAGE compound and distribution OF water,
build and construct heads, canals, bitches,
laterals, within which to convey water from
poin. 10 point, maintain each, all and every
he same, distribute by the means aforesaid wa
ter 'or irrigating agricultural lands, mining,
mechanical and other purposes. over, 10 and
upon any and all lands or rights by said cor
poration held, owned OF used, and In, upon and
over any and all other lands where a RICH; so
70 do may be acquired. as aforesaid, furnish,
sell OF otherwise dis pose OF water 10 individuals
or corporations for irrigation or other lawful
purposes, and regulate from time to time rates
for the sale and disposition OF water anc charge
and collect for he same, an to regulate from
time 10 time the times for the nse OF water and
number of inches to be used by purchasers,
erect and maintain all Necessary Improvements
as may be required aud convenient from time
to time, take, hold, use, erjoy, each, all and
particular the property Aforesaid, sell, encum
er OF othe disp Sc of the same at such
times and upon such terms as may be
necessary and convenient. convey the
AZ ~ ho
same, whether by deed, lease, mortgage or
Otherwise. MS may seem 6t or profitable, erect
ami maintain telegraph or telephone line
along said canal, and generally do and perform
any and all acts and things in and about the
premises as may be requisite and necessary to
the end TO execute all and every the matters
and things for the purpose aforesaid.
III.
The amount Of the carital stock of said cor.
poration is six million 5000 O00) dollars, dlvi
ded into sixty thousand (6O,O00) shares of one
undred $500 dollars each. The times when
and the condi ions upon which the same is TO
be paid in, are when and as each share is sub
scribed for, and when issued the same shall be
fully paid, and such subscrip ions shall be on
condition only that no stock of said corpora
ton shall be issued until the same
the par value thereof, and II not fully
paid when issued and ready for delivery, all
sums Heretofore paid upon such subscriptions
less than the par value of one hundred '$l00.0O)
Dollars on any share issued and ready for de-
livery, upon demand being made for the un
paid par value OF any such share or shares, in
deitult of such payment upon demand afore-
said, then and in such case all amounts there
to ore paid on any one share, less than the
par valne tn reof, shall be forfeited to said cor
poration.
~.
The time of the commencement of said cor
poration shall be on the second Tuesday OF
January, 1893, aud continue for and terminate
at the expiration Of Fifty 5Ol years from and
after that date, unless sooner dissolved under
in force and under which this corporation is
formed
The officers or persons who shall conduct the
affairs Of said corporation are TO be board OF
directors, consisting of three stockholders, to
be chosen and elected from among the stock
holders on said second Tuesday OF January,
1893, and on the second tn sday of January OF
each year thereafter during the term hereby
created, which election and the officers to be
elected by such boards OF directors. as well as
the duties OF each. shall be provided for by the
bylaws OF said COMPANY adopted at a meeting
of the stockholders hereof.
vi.
The highest amount OF Indebtedness or liza