The St. Johns herald., 1897-06-26
Articles of Incorporation
 OF THE
 sPRINSERviLLE Reservoir and Ditch C o VI p A NY.

KNOW ALL MEN BY THESE PRESENTS
 Thai We. the undersigned hereby form a cor poration, under and by irtue of the laws of the Territory of Arizona, and set forth the following Articles of Incorporati n, to-wit:
 ARTICLE ONE.
 The nam of the corporators are: P. T. Cole man, Wm. F Lesueur, Robert Harper, Ed Burk and S J Saffen.
 ARTICLE TWO.
 ] he 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, "r hereafter to flow into tho town of Spring eryi 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- veirs, 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- utng water for irrigation or domestic purposes, and to collect pay from all persons using water 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 op all
 
 to the cost of making di ches or reservoirs, or sources of supply, or means of distribution and use of each source or means. And generally to do all thiHgsIs l to be done in relation to the rights and interests O. all persons in and to the use ct id five hundred inches of the said wa ters of tie little Colorado river. The locality on which saii wataFis to be used and distrib- uted is the irr bic lrnd s;tua,e under the pres ent Springervlne t,wn ditch running through the town of Sprin gcrvill and extending north erly abou 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 divide into sixty shares of the par value of Fifty Dol lars per share. Fifty per cent of authorized caI ital stock is fully paid up, and the balance is t, be paid in the time and manner as shall be called for by the Board of Dir ctors of this corporation
 ARTICLE FOUR.
 The time of commencement of said corpora ton shall be the date of this instrument. and it shall terminate Its existence in twenty-five years from said date
 ARTICLE FIVE.
 The affairs of said corporation are to be con- ducte1 by five directors, to be elected by the s'ockhold IS annually, on the first 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 P. T. Coleman. Vim. F Lesueur, Robert Harper Ed Burk and s. J. Saffell who shall hold office ntil the regular election on the fi:s' Monday Oi December 1897. The other officers of said cor pOration shall be 6 president. vice president. secretary and treasurer, who shall be elected froIn 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- 1 Ity to which the corporation is at any time 10 | subject itself is I've h,ndred dollars
 ARTICLE SEVEN All private property of stockholders Is to be | exemp pt 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 i'll their | minutes, to sell any share or shares on which | there may be any money due by assessment or | for the purpose or collecting an! l amount dEe at public sale for cash, after giving | d notice of such sale, at least ten days prior | thereto, of the date and hour thereof, which | sh all be between the hours of 10 a. m. and p. m by posting three notices of such sale in pub. l Iic places in said Apache county, in the town of 1 Springerv He, in said county. for the aforesaid | period of me. Said notices to b. un, CT the | seal of said corporation and signed by the sec; retary thereof The proceeds of said sale shall | be first applied to the cCst of adveriis ng and | conducting sad sales: the balance lobe applied 10 the amount due on said share or sharts, and | the remainder if any 10 be paid to the owner | Df said share or shares. as the owner is shown | to be by the books of said corporation. The I of said torpOratiou is authorized to | transfer said share or shares to the purchaser | thereof at said public sale, on the books of sid rorpOrat on, in th. same manner as If they had | been sold luntaIily by the owner or owners | thereof to the said .purchassr Said sale shall ake place at the principal office of said corpora ion. at Springerville, Apache county, Arizona territory.
 In Witness Whereof. we have hereunto sub seribed our names this 27th day of May. A. b. 1897. P T. COLEMAN
 W F. LESUEUR,
 R. HARPER,