Arizona republican., 1895-09-07
THE RIO VERDE CANAL COMPANY.

of the Territory of Arizona relating to corpora- tions, approved March Sth, A. D. 1887, do here- nv assoclate ourselves for that purpose, and sign, adopt and acknowledge the following articles of incorporation, to-wlt:
 ARTICLE l.
 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. 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 busi- ness shall be in the City of Phoenix, 1n tne County of Maricopa in the Territory of Arizona.
 ARTICLE ".
 Tho objects for which this company is organ ized are:
 A-To carry on the business of a canal con- pany, water power company, water suppiy company for irrigation, public, private, mum : o;noi domastic or other uses in the Territory Of Arizona; B.-To build, erect, construct, excavate' maintain canals dams, fumes, reservoirs, tanks. hydrants, plugs, acequias, dltches, aque duets sewers, or any other hydraulic appllan- ces, telephone and telegraph lines;
 C.-To lay pipes or other water condults or annliances for the storage, supply, delivery ana distribution of water;
 D.-To control, obstruct, divert, conduct lead, turn, regulate the How' supply serVice and use of water;
 Flo buy, sell, ,,lease, rent, own, acquire, ap propriate, enjoy, use, water, water rlghts anu rights to the use of water for power, mining, manufacturing or agricultural purposes, re- clamation of land domestic, piscatorlal, 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 of water;
 HlTo enter into any agreement or arrange ment with any authori ies, supreme, state' ter ritorial, municipal. local or otherwise or to op . tain from the aforesaid authorities, or any of them, any rights, privileges, concessions or franchises, which may seem conducive to the ohiects of the company, and to exercise. carry . ont and comply with any such agreement or ar rsngement, or the terms and conditions Of such rights. privileges, concessions or franchises; T-To fix, establish and alter prices, assess roants. rates. charges and tolls and to enforce and collect payments of the same either Tn coin, currency services performed or any prop elty taken in exchange therefor;
 ITO buy, own, hold lease, rent, sell, &C., uuire, appropriate any and all lands, houses' 4enements, hereditaments, easements, sltes' 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- atlon 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 capable of being conveniently carried on Ill connection with the above or calculated either diroct1v 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 prln- 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 ID us op- ieets or purposes to this company;
 O-To borrow or raise money by mortgage or on bonds, debentures, acceptanees, promlssory notes or other securities, or property of the company or any part thereof;
 Pro 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 it's 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 (s3. .6Oo OOO), divided into thirty-six thousand (36. .OOO) shares of the value of one hundred dol lars (s1OO) each, with power to increase, subdl' 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 premium, or with any preference guarantee, privilege UT other advantage oi postponement.
 The times when and the conditions upor which the said capital stocK IS Io pe ptslu Ill i' as follows, to-wit:
 Four thousand (4,000) shares thereof snail of and are hereby set aside as treasury stock' ane such treasury stock shall be sold ana issued upon subscriptions therefor, at such times ant upon such conditions and for such price as ma! be determined by the affirmative vote Of th holders of at least twothirds of the capita stock then issued; and the remainder of sucf