Arizona republican., 1895-08-22

Know all men Dy these presents:-Inat we, the undersigned incorporators, desiring to form corporation under the revised statutes of the Territory of Arizona relating to corpora tions, approved March Sth A. D, 1887, do here by associate ourselves for that purpose, and sign, adopt and acknowledge the following articles of incorporation, towit:
 ARTICLE l.
 The names of the persons so hereby sssociat- ing themselves for the purpose aforesaid are Frank L. stetson, Martin Ring Charles F.. Baker, William H. J. Pearce, Morenus J. Gal pin, Charles P. 5illoway and Charles A. Bicknell.
 ARTICLE II.
 The name of the corporation shall be 1.-THE RIO VERDE CANAL COMPANY"
 ARTICLE III.
 The principal place for transacting it's busi- ness shall be in the City of Phoenix, in the County of Maricopa, in the Territory of Arizona.
 ARTICLE ".
 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, muni- cipal, domestic or other uses in the Territory of Arizona;
 B.-To build, erect, construct, excavate, maintain canals, dams, fumes, reservoirs, tanks, hydrants, plugs, acequias, ditches, aque- ducts, sewers, or any other hydraulic applian- 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, o5struct, divert, conduct lead, turn, regulate the flow, supply, service and use of water;
 Flo buy, sell, lease, rent, own, acquire, ap- propriate, enjoy, use, water, water rights and rights to the use of water for power, mining, manufacturing or agricultural purposes, re- clamation of land domestic, piscatorial angling and all lawful uses;
 Flo own and operate canal or canals, water power, telephone lines and telegraph Gnes
 G.-To reclaim land by the use of water; H-To enter into any agreement or arrange ment with any authori ies, supreme, state, ter ritorial, municipal, local or otherwise, or to ob- tain from the aforesaid authorities, or any of them, any rights, privileges, concessions or franchises, which may seem conducive to the objects of the company, and to exercise, carry out and comply with any such agreement or ar engagement, or the terms and conditions of such rights, privileges, concessions or franchises; I-To fix, establish and alter prices, assess ments, rates, charges and tolls: and to enforce and collect payments of the same either in coin, currency, services performed or any prop city taken in exchange therefor; J--To buy, own, hold, lease, rent, sell, ac- quire, appropriate any and all lands houses. tenements, hereditaments, easements, sites, To- cations, reservoirs and rights of way necessary or convenient for the carrying on of the com pany's business, or taken in exchange for debts due property conveyed, services rendered or benefits conferred;
 K.-And generally to undertake and carry on any business, undertaking, transaction or oper alton commonly carried on or undertaken by irrigation canal companies, water supply com panies, or water power companies and any other business which may seem to the company capable of being conveniently carried on in connection with the above or calculated either directly or indirectly to enhance the value of or render profitable any of the company's prop erty or rights;
 L.-To enter into contracts with any other company or companies, or person or persons for 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 ln conjunction with others;
 Mo amalgamate or unite with any other company altogether or in part similar in its ob- iects or purposes to this company;
 O.-To borro or raise money by mortgage or on bonds, debentures, acceptances promissory 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.
 This corporation shall further have power and authority to issue and sell its bonds for the aforesaid purposes, 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 it's bonds at maturity, or for the payment of in- terest thereon.
 ARTICLE VI
 The capital stock of this corporation shall be three million six hundred thousand dollars (S3, ,60O,0O0), divided into thirtysix thousand (36.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 any part thereof or any increased capital at premium, or with any preference, guarantee, privilege other advantage or 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 Q,O00) shares thereof shall be and are hereby set aside 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 capital stock then issued; and the remainder ot such