The St. Johns herald., 1897-07-03
Articles Of Incorporation
 OF THE
 SPRINGERViLLE Reservoir and Ditch C o Nl p A NY.
W ALL MEN BY THESE PRESENTS

1 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 IneorpOrati 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 Safell.
 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 fow- ing, or hereafter to flow into the town of Spring ervi le, Apache county Arizona territory, to it's 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 deera to be just said reteg to be uniform on all persons of ea oh class, to be classife according 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 things lawf to be done in relat:on to the rights and interests all persons in and to the use Of S i'd five hundred inches of the said ters Of tEe Little Colorado river. The locality on which said water is to be used and dist-ib- uted is the irr.gable land situate under the pres eut SpriugeryilIs town ditch running through the town of SprinEcrTill-, and extending north erly abOu one half mile north Of SpyingervilIe, whic is irrigabIo from the i've hundred inches of the waters of the Little Colorado river, as is determined by the said appropriation of said water by one Tobin, ill 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. The time of commencement of said corpora tion shall be the date of this instrument and it shall terminate its existence in twenty-five years from said date.
 ARTICLE FIVE.
 
 ducte by five directors. to be elected by the stockholders 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, Wm. F Lesueur, Robert Harper Ed Burk and s. J. SaHell. who shall hold office ntil the regular election on the ifs Monday of December. 1897 The other officers of said cor T,1I l, v,ian secretary and treasurer, who shall be elected from the directors from among themselves, and their duties shall be such as are prescribed by the by-laws of said corporation
 ARTICLE SIX The highest amount of indebtedness or Iiabil- | ity to which the corporation is at any time to subject itself is five h ndred 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 III their minutes, t1 sell any share or shares on which | there may be any money due by as >essment, or | othevwisC for the purpose Of collecting any | amount due. at public sale for cash, ,after giving d notice of such sale, at least ten days prior | Il, shall be between the hours of 10 a. m. and 4 p | m by posting three notices of such sale in pub | C places in said ApHche county Tn the town ot l Sprngerv He, In said county, for the aforesaid | period of tme Said notices to be un, CT the ! seal of said corporation and Slgned by the sec | retary thereof. The proceeds of said sale shall | be first applied to the cost of advertising and | conducting sad sales: the balance 10 be applied | to the amount due on said share or shares, and l the remainder if any, 10 be paid to the owner | of said share or shares, as the owner is shown 1 to be by the books of said corporation. The 1 secretary Of said tOrpOratioU is authorized to 1 transfer said share or shares to the purchaser | thereof at said public Sale, on the books of said corporation, in the same manner as Ii they had l bepn sold V IuntaIily by the owner or owners | thereof to the said purchaser Said sale shall | take place at the principal office of said corpora tiOn, at Springerville, Apache county, Arizona | territO'y. In Witness Whereof. We have hereuntO sub scrbed our names this 27th day of May, A. D. l 1897. P T. COLEMAN.
 W F LESUEUR,
 R. HARPER,
 A