Arizona republican., 1895-09-01
ARTICLES OF INCORPORATION
THE RIO VERDE CANAL COMPANY.


 form s corporation under the revised statutes of the Territory of Arizona relating to corpora tions approved March Sth, A. D. 1887, do here py associate ourselves for that purpose, and sign, adopt and acknowledge the following articles of incorporation, to-wit:
 ARTICLE I.
 The names of the persons so hereby associat ing themselves for the purpose aforesaid are Frank L. stetson, Martin Ring, Charles F. Baker, William H. J. Pearce. Morenus j. Gal- min. Charles P, 5illoway and Charles A. Bicknell
 The name of the corporation shall be THE RIO VERDE CANAL COMPANY"
 ARTICLE III.
 The principal place for transacting it's busl- ness shall be in the City of Phoenix, in the County of Maricopa, in the Territory Of Arizona'
 ARTICLE W.
 The objects for which this company is organ ized are:
 A-To carry on the business of canal com pany, water power company, water supply company for irrigation, public, private, mum : eipal, domestic or other uses in the Territory ol Arizona;
 B,LTo build. erect, construct, excavate, maintain Canals, uduue, HuAASo' ASSSA 'o0' tanks. hydrants, plugs, acequias, ditches, aque- ducts, sewers, or any other hydrauhc appllan- ces telephone and telegraph lines;
 C.-To lay pipes or other water conduits or appliances for the storage, supply, delivery and distribution of water;
 D.-To control, obstruct, divert, conduct, lead, turn, regulate the flow, supply, service and use of water;
 Flo buy, sell, lease, rent, own, acquire, ap- proprste, enjoy, use, water, water rights ana rights to the use of water for power, mining, manufacturing or agricultural purposes, re- clamation of land domestic, piscatorlal, anglng and all lawful uses;
 Flo own and operate canal or canals, water power, telephone lines and telegraph lines;
 G,-To reclaim land by the use of water H.-To enter into any agreement or arrange ment with any suthori ies, supreme, state' ter ritorial, municipal, local or otherwise, or 10 oo tain from the aforesaid authorities, or any oI them, any rights, privileges, concessions or franchises, which may seem conducive to the objects of the company, and to exerclse' c1rrS .odt and comply with any such agreement or ar rangement or the terms and conditions ot such rights, privileges, concessions or tranchlses I-To fix, establish and alter prices, assess ments, rates, charges and tolls; and to enforce and collect payments of the same either ln coin, currency services performed or any prop e1ty taken in exchange therefor;
 ITO buy, own, hold, lease, rent, sell, &C., ouire appropriate any and all lands, houses, +enements hereditaments, easements, sites, To- cations, reservoirs and rights of way necessary ar convenient for the carrying on Of the com pany's business, or taken in exchange for depts due, property conveyed, services rendered or benefits conferred;
 K.-And generally to undertake and carry on any business, undertaking, transactlon or oper- at1on commonly carried on or undertaken oy irrigation canal companies, water supply com pauies, or water power companies, and any other business which may seem to the company capable of being conveniently carried on Ill connection with the above or calculated eltner directly or indirectly to enhance the value of or render profitable any of the company $ prop erty or rights;
 L.-To enter into contracts with any other company or companies, or person or persons TOT the foregoing purposes;
 M-To do all or any of the aforesaid as prin- cipal, agent, contractor, trustee or otherwise and that by or through trustees, agents or other wise, and either alone or i'll conjunction With others;
 Mo amalgamate or unite with any other company altogether or in part similar in its ob- jects or purposes to this company;
 O-To borro " or raise money by mortgage or on bonds, debentures, acceptances, promlssory notes or other securities, or property of the company or any part thereof;
 P-To do all such things as are incidental or conducive to the attainment of the above objects.
 ARTICLE V.
  and authority to issue and sell its bonds for the aforesaid pur poses, to the limit fixed by law; and it shall have power and authority to create A. sinking fund from the avais of the sales of its water rights or from any other source of assets for the purpose of providing for the payment of its bonds at maturity, or for the payment of in- terest thereon.
 The capital stock of this corporation shall be three million six hundred thousand dollars .fs3.6 .OOO), divided into thirty-six thousand f36 OOO) shares of the value of one hundred dol lars (s1OO each, with power to increase, subdi. vide or reduce the capital for the time being by the amendment ot these articles, and to raise the whole or auy part thereof, or any Increased capital at a premium, or with any preference guarantee privilege UT other advantage ol postponement.
 The times when and the conditions upon which the said capital stock is to be paid in are as follows, to-wit:
 Four thousand (4,O0O shares thereof shall be and are hereby set aside as treasury stock, and such treasury stock shall be sold and Issued upon subscriptions therefor, at such times and upon such conditions and for such price as may be determined by the affirmative vote of the holders of at least two-thirds of the capita stock then issued; and the remainder of sucf