Arizona republican., 1895-08-29
THE RIO VERDE CANAL COMPANY.

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 ,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 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, 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 many. 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, excevate, maintain canals. dams, fumes, reservoirs, tanks hydrants, plugs, acequias, d1tches, aque- ducts, sewers, or any other hydraulic 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, oostruct, 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 yelamation of land, domestic. piscatorial, angling and all lawful uses;
 Flo own ard 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 to op- tain from the aforesaid authorities, or any CT 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 rangement, 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 Tn coin, currency, services performed or any prop elty taken in exchange therefor;
 J.-To buy, own, hold, lease, rent, sell, &C., 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 c0nferred K.-And generally to undertake and carry on any business, undertaking, transaction or oper- at1on commonly carried on or undertaken by irrigation canal companies, water supply com panies or water power companies, and ary other business which may seem to tue 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 companys 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 pin 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 amaIgamate 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, 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 avails 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.
 The ca pital stock of this corporation shall be three million six hundred thousand dollars .(sS O,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 of these articles, and to raise the whole or auy 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 Q,OOJ) 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 capital stock then issued; and the remainder o1 such