Arizona republican., 1893-01-15

erect and maintain all necesspry improvements as may be required and convenient from time to time. take, hold, use, CT joy, each, all and particular the property aforesaid, sell, encnm Ter or otherwise disp SC ol the same at such times and upon such terms as may be necessary and convenient. convey the said property or any part or parcel of ihe same, whether by deed, Jesse, mortgage or otherwise, as may seem ht or profitable. erect and maintain telegraph or telephone line along said canal, and senerally do and perform any aud all acts and things fin and about the premises as may be requhite snd necessary to the end to execu,. all and every the matters and things for the purpose aforesaid.
 III.
 The amount of the csrital stock of said cor. porasion IS six million lsG000,0 000) dollars diyi- ded into sixty thousand GO 0O0) share of one undred (s100, 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 sme shall be fully paid, ,and such sibscrip ions shall be on condition only ihai nn stock of said corpora ton shall be issued until the same be fully paid up, according to the par value thereof. and If not fully paid when issued and ready for delivery, all sums heretofore paid npon such subscriptions, less than the par value of one hundred soooo) 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 defsult of such payment upon demand afore- said, then and in such ease all amo ants there toiore paid on any one share, less than the par value tn reof, shall be forfeited to said cor poraton.
 ".
 The time of the commencement of said cor poYation shall be on the second Tuesday of January, 1885, aud continue for and terminate at the expiration of Fifty i5o years from and after that date, unless sooner dissolved under the provisions of the laws of said Territory,no in force and under which this corporation is formed.
 V
 The officers or persons who shall conduct the affairs of said corporation are to be board oi directors, consisting of three stockholders, to be chosen and elected from among the stock holders on said second Tuesday Of January. lsys. and on the second Tas sdas 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 meeting of the stockholders hereof.
 VI.
 The highest amount of indebtedness or lia- bility, disect or contingent, to which said cor poration shall ct any time be subject is Four Million i$i.o0o 600 0o) Dollars.
 VII.
 The private property of the stockholders of skf st-.t. fa aI..ft t.n1a xkA ax.t from the corporate debts If said corporation, and the private property of any person owning stock herein shall. in no wise, be respon able, nor shall such private property be subject to the debts of said corporal on, or any pat Of such debts.
 In witness whereof, we, the persons above named as incorporat,rs. have he ennto set our hands and seals this 30th day of December.ls9s
 A. A. DoueHERry tsEAL)
 ". K. DEFiY fsEAL)
 J. s. VAN DoREs (ssALJ
 WELLS HRHpKRsHorr( (sBAL) STATE OF CALIFORNIA. ..
 County of Los Angeles.
 On this 4th day of January, in the year. of our Lord one thousand eight hundred and ninety three, bef ire me. G. G. Johnson. Notary Pub lie in and for said County of Los Angeles. State of California. residing therein, duly com nis- stoned and sworn. personally appeared J. g. Van Doren, known to me to be the person whose name is subs .ribed to the within instrument, and he acknowledged that be executed the same.
 In witness ,ereof, have bereunto set my hand and sfixed my officiai seal the day and year in this certificate first above written.
 (sEAL, c. c. JOHNSON, Notary Public in and for Los Angeles County State of California.
 TKRnfrony OF ARIZONA,
 County of Mariropa
 Before me, Daniel Nurphy,a a Notary Public within and for the County of Maricopa snd Territory of Arizona, this day personally SD pearcd A. A. Doughery snd wm. E. Deity. ksown to me to be the same persons whose names are subscribed to the forcgoing instru- ment of writing and acknowledg d Co me that they executed the same for the purposes and considerations therein expressed
 Givea under my hand and seal of office this Soth day of December, A. D. 1892
 DANIEL MURPHY. tsEAL, Notary Public TERRITORY OF ARizoNA,l
 county of Msricopa
 Before me. H. D. Lishthizsr,a Notary Public within and for the County of Maricopa and Territory of Arizona, this day personally sp- peared Wells Hendershott, known to me to be the same person whose name is subscribed to the foregoing instrument of writing and &C., knowledged to me that he executed the same for the purposes and considerations the ein ex- pres ed.
 Given under my hand and seal of office this sixth day of January, A. D. 1895
 H. B. LIGHrHIzEg. (sEAL) Notary Public