Arizona republican., 1895-09-06
THE RIO VERDE CANAL COMPANY.

forr, oornoration under the revised statutes of the Territory of Arizona relating to corpora tions, approved March Sth, A. D. 1887, do here- .py assoc1ate ourselves for that purpose, ana sign, adopt and acknowledge the following articles of incorporation, to-wlt:
 ARTICLE I.
 The names of the persons so hereby assoclat- 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.
 The name of the corporation shall be 1.-THE RIO VERDE CANAL COMPANY"
 ARTICLE III.
 The principal place for transacting it's ousl- ness shall be in the City of Phoenix, ln tne 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 many. water power company, water supply company for irrigation, public, private, mum oinal. domestic or other uses in the Territory o1 Arizona; ,.o B.-To build, erect, construct, excavate' maintain canals, dams, fumes, reserVolrs' tanks, hydrants, plugs, acequias, dltches' aque- ducts' sewers, or any other hydraulic appllan- ces, telephone and telegraph lines;
 C.-To lay pipes or other water conoults or annliances for the storage, supply, delivery ana distribution of water; D.-To control, oOstruct, divert, conuuct' lead. turn, regulate the flow, supply, service and use of water;
 ELTo buy. sell, lease, rent, own, acquire, ap-
 r1phtS riphts to the use of water for power, mlnlng' notwithstanding or agricultural purposes, re- clamation of land, domestic, piscatorlal, angnng and all lawful uses;
 ETo 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 authori ies, supreme, state' ter ritorial municipal, local or otherwise, or 10 op- 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' carry ont and comply with any such agreement or ar rangement, or the terms and conditions or SUCH rights, privileges, concessions or franchises; ITO fix, establish and alter prices, assess ments, rates charges and tolls; and to enforce and collect payments of the same eltner III coin currency, services performed or any pfop e1ty taken in exchange therefor;
 J-To buy, own, hold, lease, rent sell' ac- ouire appropriate any and all lands, houses, 4anements. hereditaments, easements, sites, TO- cations. reservoirs and rights of way necessary or convenient for the carrying on of the com Dsn1's business, or taken in exchange TOT deDts due- propertv conveyed, services rendered or benefits conferred
 K-And generally to undertake and carry OH any business, undertaking, transaction or oper- alton commonly carried on or undertaken oy irrigation canal companies, water supply con- pauies or water power companies, ana apy other business which may seem to the company capable of being conveniently carried on Ill connection with the above or calculated either directly or indirectly to enhance the value ol 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 TUT 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 in conjunction with others;
 Mo amalgamate or unite with any other company altogether or in part similar ln US op- jects or purposes to this company;
 O.-To borrow or raise money by mortgage or on bond, ,debentures, acceptances, promlssory notes or other securities, or property ol the company or any part thereof;
 P-To do all such things as are incidental or conducive to the attainment ofth 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 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 in- terest thereon.
 The capital stock of this corporation shall be three million six hundred thousand dollars ,(s3 36oo.OOO), divided into thirty thousand .f36 OOO) shares of the value of one hundred dol lars s1ON 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 8 premium, or with any preference ousrantee. privilege or other advantage ol postponement.
 The times when and the conditions upon which the said capital stock is to be paid in as follows, to-wit:
 Four thousand 4,OOO shares thereof shall be and are hereby set aside as treasury stock, anc such treasury stock shall be sold and issued upon subscriptions therefor, at such Times anc upon such conditions and for such price as may be determined by the affirmative vote Of the holders of at least Wo-thirds of the capita stock then issued; and the remainder Of such