Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1893-01-11
ARTICLES OF INCORPORATION
-OF-
" New York Canal and Irrigation
Company
o all to whom these presents shall come;

To all 10 whom these presents shall come
Be IL known that we, A. A. Dougher;y, resid-
ing at Los Angeles, State of California, VIM. E.
Deity, residing at Gila Bend, Haricopa county,
Territory OF Arizona, J. S. Van Doren, residing
at the city and county OF Los An eles and
State OF California. Wells Hendershott of
Phnnix, A,z'ns, citizens OF the United states,
residents Aforesaid, and whose names arc here
under written, being DESTROYS Of forming cor
poration under the laws OF the Territory Of
Arizona, now existing and in force known and,
designated as Chapters one ~ and two ~
Title XII OF the Revised Statutes OF 1887 OF said
territory, with all the ril hts and privileges OF
said chapters, have associated Ourselves to-
geiher as, and to become, 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 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 incorporators OF said cor.
poration are the above-nsmed citizens and rest
dents, as aforesaid, and the name Of said cor
poration is and shall be New York Canal and
Auhh thV p'oSS
of trsnsacting 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 Said 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, wator-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,
scqueducts, 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: to point, maintain each, all AMI 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 a RICH; so
10 do may be acquired, as Aforesaid, furnish,
sell or otherwise dis pose Of water individuals
or corporations for irrigation or other lawful
purposes, and regulate from time to time rates
for the sale and disposition of water sn charge
and collect for he same, an TO regulate from
time 10 time the times for the use 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, Joy, each, all and
particular the property aforesaid, sell, encum,
er 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 At or profitable, erect
ana 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.
porsion Is six million $4,000 0O0l dollars, dlvi-
ded into sixty thousand (60,000) shares OF one
undred tsl00J dollars each. The times when
aud the condi ions upon which the same is to
be paid in, are when and az each share is sub
scribed for, and when issued the anne shall be
fully paid, and such subscrip ions shall be on
condition only that no stock Of said corpora
tion shall be issued until the same
he 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 tslO0OO)
Dollars on any share issued and ready for de-
livery, upon demand being made for the I'M
paid par value of any such share or shares, in
defsult OF such payment upon demand afore-
said, then and in such case all amo1nts 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 l50) 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
be chosen and elected from among the stock
holders on said second Tuesday of January,
1898, and on the second Tu- sdas of January of
each year thereafter during the term hereby
which election and the officers to be
elected by such boards of directors. as well as
the duties Of each, shall be provided for bv the
bylaws OF said ompany adopted at meeting
Of the stockholders hereof.
vi.
The highest amount of Indebtedness or liza