The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-07-22
IMPORTANT ARTICLES OF INCoR-
PoRATIoN FILED
THE CAPITAL SUBSCRIBED
Amounts to pa, 4so, GOETHE Stock
holders Of the Consolidated City
Water Company
OFFICE OF THE HERALD,
Los Angeles, July q, 1898.

The Los Angeles City Water company was
incorporated August Is, 1868, for the term OF
thirty years.
Its corporate existence will therefore ex-
pire August 49, 1898. or little less than a
month from now.
For the purpose. apparently, of meeting
this emergency new Incorporation has
been made under the style and title of the
consolidated City Water company"
Articles Of Incorporation of the new con-
Germ were fled in the clerks office today.
The directors Of the new company, as will
be seen below, are the same as
those that now govern the affairs of the ex-
listing City Water company.
1t may reasonably be assumed that the
new company would have been formed in
any event, as 1t is evident that some proper
~ constituted organization would be re-
squired to carry out the terms Of the old con-
tract with the city In the event that nego-
tiations with the city now pending should
not be completed before August 18th.
The wording of the articles Of the associa-
ton Is as follows, and 1t may be remarked,
IN passing, that nothing therein contained
appears to contemplate the absorption of
the Crystal Springs Land and Water COM
pany, the corporate existence of which has
yet long time to run:
ARTICLES OF INCORPORATION
First-The name of the corporation
shall be consolidated City Water COM
pany."
.second-That the purposes for which
II ID formed are to acquire by purchase ap-
preparation and by all lawful means, waters
Tor sale, rental and distribution, and to &C.
ouire franchises In any lawful manner to
furnish and distribute to towns and cities
and their Inhabitants, waters for such uses,
and to charge rates therefor, and to dis
tribute waters to such cities and towns for
= mi nfofvN
ants thereof for domestic, manufacturing.
and all other lawful purposes and uses; and
especially to acquire water and water rights
and water works, including reservoirs and
reservoir sites, by purchase or otherwise in
the city Of Los Angeles, and in the county
OF Los Angeles, and to be used for furnish
Ing water to the said city and its inhabitants
Tor all lawful purposes, and to collect rates
therefor, and also to furnish waters to
farming neighborhoods for agricultural
uses; and for mining, mechanical and all
other purposes, and to acquire title to such
waters. water rights, franchises, easements
and other property in fee simple, or any les
ser estate.
Third-That the place where the prin-
cipal business Of said corporation Is to
be transacted Is the city of Los Angeles
county of Los Angsles, state of California.
Fourth-That the term for which said
corporation Is to exist is fifty years
from and after the date of its incorpora-
ton.
Fifth-That the number of directors
or trustees of said corporation shall be
eight; and that the names and residences OF
the directors, or trustees. who are appoint
ed for the first year, and to serve until
the election and qualification of such Off
GERS are as follows, towit: William H
Perry. w. ]. Brodrick, 8. H. Mott, William
Ferguson. H. w. Hellman, s. Lazard, j. C.
Drake, J. M. Elliott, all of Los Angeles
California.
Sixth-That the amount Of the capital
stock of said corporation Is two million, four
hundred and eighty thousand dollars, and
the number Of shares into which 1t Is d.
vided is 24,S00. Of the par value on one hun
dred dollars each.
Ssventh-That the amount of said cap
ital stock which has been actually sub
scribed 10 1.4So.o0o. and the following are
the names Of the persons by whom the
same has been subscribed To wit.