The St. Johns herald., 1897-07-17
Articles of Incorporation
 OF THE
 sPRINcERViLLE Reservoir and Ditch C o M p A NY.

KNOW ALL MEN BY THESE PRESENTS That we. the undersigned. hereby form 6 cor poration, under and by virtue of the laws of the Territory of Arizona, and set forth the following Articles of IncorpOrati n, to-wit: ARTICLE ONE. The namrs of the corporators are: P. T. Cole man, Wm. F. Lesueur. Robert Harper, Ed Burk and s. J Saffell.
 ARTICLE TWO..
 The general nature of the business to be tran sacted is the distribution of five hundred inches of the waters of the Little Colorado river flow- ing. or hereafter to flow into tho town of Spring ervi.le, Apache county. Arizona territory, to its stockholders and all other persons entitled thereto, according to the law and according to the bylaws of this corporation and for said purposes to construct and repair dams, reser- voirs ditches, watergates, slu:ces, and all other necessar means or construction anywhe or wherever located, or situate in said Apache county, for preserving. conveying and distrib- uting water for irrigation or domestic purposes, and to collect pay from all persons using water so distributed, or any means of conveying wa ter such rates as the Board of Directors may deem to be just said rates to be uniform on all persons of ca oh class, to be classified according to the cost of making ditches or reservoirs, or sources of supply, or means of distribution and use of each source or means. And generally to do all things lawful to be done In relation to the rights and interests of all persons in and to the use of S lid five hundred inches of the said wa ters of the Little Colorado river. The locality on which said water is to be used and distrib- uted is the irrigable land situate under the pres ent Springerville town ditch running through the town Of Springcrvillc, and extending north erly about one half mile north of Springeryille, whic is irrigable from the five hundred inches of the waters of the Little Colorado river, as is determined by the said appropriation of said water by one Tobin, in 1879.
 ARTICLE THREE.
 The amount of capital stock authorized is Three Thousand Dollars, and shall be divided into sixty shares of the par value of Fifty Dol lars per share. Fifty per cent of authorized cap ital stock is fully paid up and the balance is to be paid in the time and manner as shall be called for by the Board of Dir, ctors of this corporation.
 ARTICLE FOUR.
 Tho time of commencement of said corpora ton shall be the date of this instrument. and 1t shall terminate its existence in twenty five years from said date.
 ARTICLE FIVE.
 The affairs of said corporation are to be con- ducted by Ave directors, to be elected by the stockholders annually, on the frYt Monday in December, in the manner and form as shall be prescribed in the bylaws of the corporation. The first directors of said corporation shall be F. T. Coleman, Vim. F Lesuear, Robert Harper Ed Burk and s. J. saffell, who shall hold office ntil the regular election on the first Monday of TNz T1I-z Al. eaf1 poration shall be a president, vice president, secretary and treasurer, who shall be elected from the directors from among themselves, and their duties shall be such as are prescribed by the bylaws of said corporation
 ARTICLE SIX.
 The highest amount of indebtedness or liabil- ity to which the corporation is at any time to subject itself is five hGndred dollars
 ARTICLE SEVEN
 All private property of stockholders is to be exempt from all corporate debts.
 ARTICLE EIGHT
 The Board of Directors of said corporation may, and are hereby authorized. by an order made by them and regularly entered in their minutes, to sell any share or shares on which there may be any money due by assessment, or otherwise, for the purpose of collecting any amount due, at public sale, for cash after giving due notice of such sale, at least ten days prior thereto, of the date and hour thereof, which | shall be between the hours of 10 a. m. and 4 p. m , by posting three notices of such sale in pub lie places in said Apache county, in the town of In said county, for the aforesaid | period of time Said notices to be under the | seal of said corporation and signed by the sec | retary thereof The proceeds of said sale shall | be first applied to the cost of advertising and | said sales the balance to be applied | to the amount due on said share or shares, and | the remainder. if any. to be paid to the owner l of said share or shares, as the owner is shown | to be by the books of said corporation. The 1 secretary of said corporation is authorized to | transfer said share or shares to the purchaser | thereof at said public sale, on the books of said in the same manner as if they had | been sold luntaIily by the owner or owners | thereof to the said purchaser. Said sale shall take place at the principal office of said corpora ton. at Springerville, Apache county, Arizona territory.
 In Witness Whereof, we have hereunto sub ;cribed our names this 27th day of May, A. D. 1897. P T. COLEMAN.
 W F. LESUEUR,
 R. HARPER,