The St. Johns herald., 1897-07-24
Articles of nc, rpOIatiOn
 OF THE
 sPRINcERViLLE Reservoir and Ditch C o N p NY.

EEow ALL MEN BY THESE PREARNTS:
 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 names of the corporators are: PIT Cole man. Wm. F. Besueur, Robert Harper, Ed Burk and & J. Safell.
 ARTICLE TWO.
 5he general nature of the business to be tran sacted is the distribution of five hundred inches of the waters of the Little Colorado river fow- ing, or hereafterto flow, into the town of Spring eryiile, 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- yoirs, ditches, watergates, slu!ces, and all other nscessars means or construction anyvhe 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 ch class, to be classified according to the cost of making ditehes 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 said five hundred inches of the said wa tsrs 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 sprngerville town ditch running through the town of springcrville, and extending north erly about one half mile north of springerville whica 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 1s7s
 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 menneras 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 five directors, to be elected by the stockholders annually, on the first Monday in December, in the manner and form as shall be 1 prescribed in the bylaws of the corporation. | The first directors of said corporation shall be P. T. Coleman. Wm. F. Lesueur, Robert Harper E6B and s. J. Saffell who shall hold office | | nth the regular election on the fs Monday of December, 1897. The other officers of said cor 1 poration shall be 6 president. vice president. | secretary and treasurer, who shall be elected from the directors from among themselves, and their duties shall be such as are prescr bed by l the bylaws of said corporation
 ARTICLE SIX The highest amouptof indebtedness or liabil- fly to which the corporation is at any time 10 subject itself is five hundred 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 l made by them and regularly entered in their to sell any share or shares on which there may be any money due by assessment. or for the purpose of collecting any amount due at public sale, for cash, after giving ide notice of such sale, at least ten days prior hereto, of the date and hour thereof which ihall be between the hours Of 10a. m. and D. n by posting three notices of such sale in pub ic places in said Apache county, in the town of In said county, for the aforesaid ,eriod of time. Said notices to be un, CT the Ieal of said corporation ana signed by the sec ;etary thereof The proceeds of said sale shall De first applied to the cost of advertising and said sales: the balance 10 be applied o the amount due on said share or shares, and he remainder. if any, to be paid to the owner [ )f said share or shares, as the owner is shown Q be by the books of said corporation. The ic fO transfer said share or shares to the purchaser hereof at said public sale, on the books of said corporation, in the same manner as if they had Yeen soldv luntaIily by the owner or owners hereof to the said purchaser. Said sale shall ake place at the principal office of said corpora lon, at Springerville, Apache county, Arizoua crrtory. |. In Witness Whereof, we have hersunto sub cribed our names this 27th day of May, A. D. S97. T. COLEMAN.
 W. F. LESUEUR,