The St. Johns herald., 1896-04-04
Articles of Incorporation
 pr THE RlCHvlLLE RESERVOIR C M p ANY.
Kxow ALL MEN BY THESE PRESENTS:

KNOW ALL MEN BY THESE PRESENTS:
 That we, the undersigned, hereby form a cor pOratiOn under and by virtue of the laws of the Territory of Arizona, and set forth the following Articles of Incorporation;
 AKTIcLEL
 The names Of the corporato7s are J. F. Sher- wood, VI. A. Penney, J. B. Richey, J. M. Richey and W. H. Sherwood.
 The name of the corporation is the RichyiI,e Reservoir Company, and its principal place for transsctirg business is in ihe town of kichyille, County Of Apache, Territory of Arizona.
 ARTICLE II.
 The general nature of the business to be trans scied is the storage of the surplus or food wa fers, or all the waters f Carnero creek wash, and its tributaries and distributing said water 90 storedtoits stockhOlders, and all other persons entitled thereto, according to law, and accord ing to the bylaws of this corporation and for said purpose to construct and repair dams, re- EervOirs, ditches, wafer gates, sluices and all ether necesk ary means of construction, any where or whereverlocatcd or situated in said Apache county. for preserving. conveying and distributing water for irrigation or domestic purpose, and to collect pay from all persons us ing water so distributed such rates as the Board of Directors may deem to be just. Said rates to be uniform on all persons of each class, to be classified according to the costs of making ditches. or reservoirs or other sources Of supply ermeans of distribution, and use ot such sources ormeans And generally to do all things law ftIl to be done in relation to the rights and inter- ests of each and all persons in and to the use of said water of said Carnero creek, wash, and its trtoutaJies.-
 The amount of capitnf stock uthor;zed is Five Thousand ($5.00c) Dollars, and shaH be di- Vt.ed into One Thousand shares of the par value of Five 45; ;O9 Dollars each Fen Qe) per cent of said authorized capital is fully paid up ana the balance is to be paid in the time aud manner as shall be called for by the Board of Directors 6f this corporation.
 ARTICLE ".
 0-f st.o of poration shall be the date of this instrument,aDd II shall terminate its existence in twenty-five years from said date.
 ARTICLE
 ..fhe affairs of said corporation are to be conduct cd by five d!rectofsto be elected by the stock holders annually on the second Monday of Jan uary in each yearin the manner and form as shall be prescribed in the by laws of said cor Boration. The first directors of said corporation Shall be Jno F Sherwood, w A Penney, J. B Richey J. NJ. Richey and W. H. Sherwood, who shall hold office until the regular election on the second Monday in January, 1897. The other officers of said corporation shall be President, Secretary and Treasurer, who shall be elected by the Directors from among themselves. and their duties snail be such as are prescribed by the bylaws of said corporation.
 ARTICLE VI.
 The highest amount of indebtedness or liabil- ity to which the corporation is at any time to Eubjectitself shall be One Thousand ($l, ,oc001) Dollars.
 
 All private property of the stockholders to be exempt from all corporate debts.
 ARTICLE VIII.
 The Board of Directors of said corporation may, and are hereby authorized. by an order by them made and regularly entered in their min. Utes, to sell any share or shares on which there may be any money due by assessment; or other wise, for the purpose of collecting any amount due. at public sale for cash, after giving due mo- tice of such sale for at least twenty dsys prior thereto, of the date and hour thereof, which shall be between the hours of 10 A. NJ. and4 P .M by posting three notices of such sale in public places In Apache county, one of which sRall be ut the Court House doc: of said county, or by publishing said notice in some newspaper pub lished in said county, for said period of twenty days Said notice 10 be under the seal of said corporation. signed by the Secretary thereof The proceeds of such sale shall be first applied 10 the costs and expenses of advertising and conducting such sale, the balance to be applied to the amount due on said share or shares, and the remainder, II any, 10 be paid to the owner ofsaid share or shares; as the owner is shown to be. by the books of said corporation. The Sec retary of said corporation is authorizedto to trans fer said share or shares, to the purchaser there of at said public sale on the books of said cor poration in the same manner as if they had been sold voluntarily by the owner or owners thereof 10 said purchaser. Said sale shall take place at the principal office of said corporation in Rich ville Apache county Arizona Territory. IN WITNESS WHEREOF, We hereunto suhscrIbe our names this 5th day of March, A. D. 1896.
 J. F. SHERWOOD.
 W. A. PENNEY,
 J. B. RICHEY,
 J. Nj. RICHEY,
 VIM. Fl. SHERWOOD.