The Coconino weekly sun., 1895-06-20

KNOW ALL MEN BY THESE PRESENTS: That we, J. w. Eddy, l.. J. c. Spruance. P. J. Beveridge, John Cross, F. II. Brooks, W. Il. Davis, Ozro w. Childs, E. II. James, E. Il. Gale and II. $. Mckee, whose names are hereto subscribed. have this day voluntarily associated ourselves together for the pur- pose of forming corporation, under the laws of the Territory of Arizona, and we do hereby certify that we have adopted, signed and acknowledged the Articles of Incorporation here following:
 ARTICLE I.
 The name of said corporation is and shall be Kern River & Los Angeles Electric Power Company"
 ARTICLE Il.
 The names of the incorporators of this cor poration are: J. w. Eddy, L. J. C. Spruance, P.J. Beveridge. John Cross, E, II, Brooks, w. H. Davis, Ozro w. Childs, E. II. James. E. H. Gale and II. s. Mckee.
 ARTICLE III.
 The principal place of transacting business of the corporation shall be in the town of Flagstaff, county of Coconlno, Territory of Arizona, and at such other place or places as its board of directors may from time to time hereafter designate.
 ARTICLE ".
 The general nature of the business pro posed to be transacted by this corporation Is and shall be to build, construct and operate canals, reservoirs, dams, dltches. fumes, aqueducts and pipes for supplying and stor- ing water for the operation of machinery for the purpose of generating and transmitting electric and other power for the supplying of mines, quarries, railroads. tramways, mills and factories with electric or other power, and also for the supplying of electric or other power to light or heat mines, quarries, mills, factories. incorporated cities, cities and counties, villages or towns, and to acquire for such purposes lands, buildings and all other improvements in or upon which to erect. install place, use or operate machinery for the purpose of generating or transmitting electric or other power for any Of the pur- poses or uses above set forth. and to acquire, own, possess, contract for, sell and transfer water and water rights, and to contract Tor and sell in the Territory of Arizona and else where electric and other power for any pur- pose whatsoever.
 ARTICLE V.
 That the amount of the capital stock au- thorzed by said corporation Is and shall be five million dollars, to be divided into 5O,OOO shares of the par value of one hundred dol lars per share, and that the times when and conditions upon which it is to be paid in are ss follows: All stock issued must be fully paid for in cash or property upon issuance, and shall thereafter be non-assessable for any purpose whatever.
 ARTICLE VT.
 That the time of the commencement of this corporation shali be the Cate of the filing Of these Articles of Incorporation for record with the County Recorder of Coconin0 county. Arizona Territory, and the termina- ton thereof shall be twenty-five years there after, unless the same be renewed pursuant to the laws of Arizona before the termination thereof
 ARTICLE VII. Ine anaIrs of the corporation are to DC conducted by board of eleven Ill directors to be elected annually on the first Tuesday of March, each year; provided, however, that as soon as practicable after the filing of these Articles of Incorporation, the stockholders shall elect a board of directors, who shall hold office until said first Tuesday of March, 1896, or until their successors are elected and have qualified
 Each stockholder of this corporation. in all elections for diI ectors. shall have the right to vote, in person or by proxy. the number oi shares owned by him, as given on the books of the company, for as many persons as there
  said shares and give one candidate as many votes as the number of directors multiplied by the number of his shares of stock shall equal or to distribute them on the same prin- ciple among as many candidates as he shall see fit, and that such directors shall not be elected in any other manner.
 The officers of said corporation shall be a president, first vice-presdent and second vice-president, all of whom shall be directors of said corporation. and secretary and treasurer, and such subordinate officers and assistants as may be deemed necessary. All officers shall be elected by the board of directors, after the annual election of said directors, and shall hold office at the will and pleasure of said directors.
 ARTICLE VIII.
 The highest amount of indebtedness or lia- bility to which the corporation is at any time to subject itself Is three million dollars.
 ARTICLE K.
 The private property of the stockholders of said corporation shall be exempt from all corporate debts and the stockholders thereof are hereby exempted from all liability for any debt of said corporation,
 ARTICLE X.
 That the corporation shall have an office for the transaction or It's business in the state of California, at the city of Los Angeles therein, and said board of directors may meet and transact the business of said cor poratiOn at said city; and the annual meet ing and election may be held thereat
 ARTICLE XI
 The board of directors shall have poYep to borrow money. execute corporate notes or bonds of the corporation, and to secure the payment of the same by mortgage on the property of said corporation, or in any other manuer designated by said board.
 ARTICLE XII.
 These Articles of Incorporation may be amended at any annual meeting of the stock holders, or at any special meeting of the called for that purpose. by a two-thirds vote of all the stock then issued, voting in favor of such amendment; pro vided, however, that at such election called for such purpose at least majority of the stockholders shall be present, in person or by proxy.
 IN WITNESS WHEREOF, we have here unto set our hands this fourteenth day of May, A. D, 1895.
 J. ". EDDY,
 l.. J. c. SPRUANCE,
 r. J. BEVERIDGE,
 JOHN CROSS,
 E. H. BROOKS,
 " H DAVIS