Arizona republican., 1893-01-14
ARTICLES OF INCORPORATION
]" New York Canal and Irrigation
 Company.
To all to whom these presents shall come

To all to whom these presents shall come.
 Be it known that we, A. A. DonRheriy, reeid. ing At Los Angeles, State of California, wm. E.. Deity. residing at Gila Bend, Maricopa county. Territory of Arizona, J. $. Van Doren, resi- ing at the city and county of Los An eies and State Of California, Wells Hendershott of Phoenix. Az zcna, citizens of the United states, residents aforesaid, and whose names are here under written, being desirous Of forming cor poration under the laws of the Territory of Arizona, now existing and in force known and. designated as Chapters one n) and two (2l Title XII Of the Revised Statutes Of 1887 of said territory, with all the rirhts and privileges Of said chapters, have associated ourselves to. gether as, and to become, c body corporate un- 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 he derived there from. do now make. publish, d clare and adopt ation.
 The flames of the incorporstors of said cor poration are the above-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 Ph@nix. County of Msricopa and Terri tory of Arizona.
 The general nature of the business proposed to be trausacted by Asid corporation is to ac. quiIe by grant, gift, condemnation, or other wise, from the government of the United States or others having power to grant or dispose of land, water rights, water sheds, natural springs lakes, bsyous and running streams of water, with any and all rights and privileges there unto or in any wiss belonging, and construct thereon reservoirs snd dams, fumes, pipes, acqueducts, locks and other means TOT the storaRe compound and distribution of water, build and construct heads, canals, ditches, laierals, within which to convey water from poin. to point, maintain each. all and every he same, distribute by the means aforesaid wa ter Tor irrigating agricultural lands, mining mechanical and other purposes, over, in and upon any and all lands or rights oy said cor poration held, owned or used, and in, upon and over any and all other lands where righ; so to do may be acquired, as aforesaid, furnish, sell or otherwise di,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 to time the times for the nse of water and number of inches to be used by purchasers, erect and maintain all necessery Improvements as may be required and convenient from time to time. take. hold. use, erjoy. each, all and particular the property aforesaid, sell, encum- ter or otherwise disp SC of 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 the H. o.l t... otherwise. as may seem fit or profitable. erect and maintain a telegraph or telephone line along said canal, and generally do and perform 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 canital stock of said cor. poraton IS six million (s6,000,oO0l dollars, divi ded into sixty thousand (60,000) shares of one undred (sl00J dollars each. The times when and the condi Hons upon which the same is to be paid in, are when and as each share is sub scrbed for, and when issued the same shall be fully paid, and such subscriptions shall be on condition only that no stock of said corpora ton shall be issued until the same be fully paid up, according to
 
 paid when issued and ready for delivery, all sums heretofore paid upon such subscriptions, less than the par value of one hundred tsio00O) 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 deiault of such payment upon demand afore- said, then and in such case all amounts there toiore paid on any one share. less than the par value thereof, shall be forfeited to said cor poration.
 ".
 The time of the commencement of said cor poralion shall be on the second Tuesday of January. 1893, aud continue for and terminate at the expiration of Fifty ,b0) years from and after that date, unless sooner dissolved under the provisions of the laws of said Territory now in force and under which this corporation is formed.
 V.
 Tine officers or persons who shall conduct the affairs of said corporation are to be a board Of directors, consisting Of three stockholders, to be chosen and elected from among the stock holders on said second Tuesday of January, 1898. and on the second Tu, 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 meeting of the stockholders hereof
 VI.
 The highest amount of indebtedness or iia-