The St. Johns herald., 1897-06-12
Articles of Incorporation
 OF THE sPRINcERviLLE Reservoir and Ditch C O M p ANY.

KNow ALL MEN BY THESE PREsENTs:
 That we. the undersigned, hereby form 8 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 names of the corporators are: P. T. Cole man, wm. F. Lesueur Robert Harper, Ed Burk and s J. safell.
 ARTICLE TWO.
 Jhe general nature of the business to be tran sacted is the distribution of Ave hundredi inches of the waters of the Little Colorado river flow. ing, or hereafter to 6ow into tho town of Spring erviile, 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. sluices, and all other necessar means or construction anywhe,e 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
 
 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 lawfol to be done In relation to the rights and interests or all persons in and to the use of sIid 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 t,wn ditch running through the town of Springcrvill,i and extending north erly about one half mile north of Springerrille, whc is irrigable from the five hundred inches of the waters Of the Little Colorado river, as is determined by the said appropriations 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 The time of commencement of said corpora- tioA 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- 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 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. Saffell, who shall hold office IA. oIo December 1897. The other officers of said cor 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 arc 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 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 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 OtQcEWibe, IOE LHe pUEpOcc OS COkcCbAuB euy 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. ID. and 4p. n by posting three notices of such sale in pub lie places in said Apache county, in the town of Springervllle, 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 conducting 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 of said share or shares, as the owner Is shown to be by the books of said corporation. The 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 corporation, in the same manner as If they had been soldv luntaIily 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 territory.
 In Witness Whereof. we have hersunto sub- scribed our names this 27th day of May, A. D. 1897. T. COLEMAN.
 " F. LESUEUR,
 R. HARPER,
 E. A. BURK,
 Q