Arizona republican., 1895-09-08
THE RIO VERDE CANAL COMPANY.

Know all men by these presents:-That 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 oy assoclate 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 pin, Charles P Silloway 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 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 nany, water power company, water supply company for irrigation, public, private, muni- cinal. domestic or other uses in the Territory ot Arizona;
 B.-To build, erect, construct, excaVate, maintain canals, dams, fumes, reservoirs, tanks. hydrants, plugs, acequias, ditches, aque- ducts. sewers, or any other hydraulic appllan- .ces, telephone and telegraph 1nes
 C.-To lay pipes or other water condults or appliances for the storage, supply, delivery ana distribution of water;
 D,-To control, oostruct, divert, conouct' load. turn. regulate the flow, supply, service and use Of water
 Flo buy, sell, lease, rent, own, acquire, ap- propriate, enjoy, use, water, water rights ana rights to the use of water for power, mlnlng' manufacturing or agricultural purposes re- clamation of land, domestic, piscator1al, angling 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 Qf 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 o1 them any rights, privileges, concessions or franchises which may seem conducive to the objects of the company, and to exerclse' carry out and comply with any such agreement or ar rangement, or the terms and condltlons ol sucn rights, pr vileges, 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 ln coin. currency, services performed or any prop elty taken in exchange therefor;
 J-To buy, own, hold, lease, rent sell' ac- ouire appropriate any and all lands, houses' tenements, hereditaments, easements, sltes, Io- cations reservoirs and rights of way necessary ar convenient for the carrying on of the com
 +al-a in pyahQnQp due. property conveyed, services rendered or benefits conferred; K.-And generally to undertake and carry on any business, undertaking, transaction or oper- etion commonly carried on or undertaken oy irrigation canal companies water supply com panies, or water power companies, ana any other business which may seem to the company capabIe of being conveniently carried on 1n connection with the above or calculated elther directly or indirectly to enhance the value or ar 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 TOT the foregoing purposes; M.-To do all or any of the aforesaid as prln- cipal, agent, contractor, trustee or otnerwlse' and that by or through trustees, agents or other- wise, and either alone or in conjunction with others; NlTo amaIgamate or unite with any other company altogether or in part similar 1n US op- jeets or purposes to this company; O-To borro or raise money by mortgage or on bonds debentures, acceptances, promlssory notes or other securi ies, or property ot the company or any part thereof;
 Pro do all such things as are incidental or conducive to the attainment ofth above opJects.
 ARTICLE " 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 sinking fund from the avails 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 ln- terest thereon.
 The capital stock of this corporation shall be three million six hundred thousand dollars fs3. 3.6OO,OOO), divided into thirty-six thousand (36 OOO) shares of the value of one hundred dol lars s1OO) each, with power to increase, subd1- 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 or 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 (4,OOO) 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 ot the holders of at least wothirds Of the capital stock then issued; and the remainder of such