Arizona republican., 1893-01-13
ARTICLES OF INCORPORATION
Oh
Il" New York Canal and Irrigation
Company.

/ TO all owhom these presents shall Gomez
BE It known that we, A. A. DonRberty, resid-
ing at Los Angeles, State OF California, VIM. Z.
Deity, residing at ella BEND, Maricopa county,
I Territory of Arizona, j. s. Van Doren, residing
I 1T the city and county OF Los An eles and
State OF California, Wells Hendershott of
Phoenix, A zona, citizens OF the United states,
residents aforesaid, and whose names are here.
under written, being DESTROYS of FORMING cor
porstion under the laws OF the Territory Of
Arizona, now existing andin force, known and,
| designated as Chapters one ~ and two (2J
Title XII of the Revised Statutes OF 1887 of said
territory, with all the rishts aud privileges of
said chapters, have associated ourselves to.
geIher Ms. and to become, a body corporate I'M
der the laws aforesaid, and have and exercise
all the power, aud privileges therein and there
by conferred, and receive ali the benefits aud
advantages resulting and to be derived there.
from, do now make, publish, clare and adopt
| these as and 10 be our Articles OF Ineorpor-
alton,
The names OF the incorporators OF said cor
poration are the above named citizens and resi-
dents, ms aforesaid, aud the name of said cor.
poration is and shall be New York Canal and
Irrigation Company" That the principal place
OF trensacting the business thereof shall be the
City of Phoenix, County of Maricopa and Terri
tory Of Arizona
Fhe general nature of the business proposed
to be transacted by Isid corporation is TO &c.
quile 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-rigb Is, watersheds, natural springs,
lakes, bayous and running streams OF water,
mi nd rtgh nd vii no
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 10 convey water from
poin. to point, maintain each, all ami every
he same, distribute 10y the means aforesaid wa
ter 'or irrigating agricultural lands, mining,
mechanical and other purposes, over, in and
upon any and all lands or rights by said cor
poration held, owned or used, and in, upon and
over any and all other lands where a RICH; So
TO do may be acquired, as Aforesaid, furnish,
sell or otherwise III pose OF water 10 individuals
or corporations for irrigation or other lawful
purposes, and regulate from time to time rates
for the sale ard disposition of water anc charge
and collect for he same, an 10 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 and convenient from time
to time. take, hold, use, euj Joy. each, all and
particular the property aforesal ID, SELL encum
rer 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
same, whether by deed, lease, mortgage or
otherwise, as may seem fit or profitable, erect
ana maintain a 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 eud to execute all and every the matters
and things for the purpose aforesaid,
III.
The amount OF the capital stock OF said cor.
poradon is six million $4,000 OOOl dollars, dIvi-
ded into sixty thousand (G0,OOO) shares of one
undTed $500 dollars each. The times when
and the condi ions upon which the same is TO
be paid in, are when and each share is sub
scribed for, and when issued the SINE shall be
fully paid, and such subscrip ions shall be on
condition only that stock of said corpora
ton shall be issued until the same
be fully paid up, according to
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 tsI000O)
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
defnult of such payment upon demand afore-
said then and in such case all amo ants 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
poratiOn shall be on the second Tuesday of
January, 1893, and continue for and terminate
at the expiration OF Fifty ,50l 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.
The officers or persons who shall conduct the |
affairs of said corporation are to be board OF |
directors, consisting OF three stockholders, to I
be chosen and elected from among the stock |
holders on said second Tuesday of January, |
1893, 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 o meeting |
of the stockholders hereof.
~ VI
The highest amount Of Indebtedness or liza |