Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1899-08-01
ARTICLES OF INCORPORATION
of the
MERIDIAN CANAL COMPANY.

MERIDIAN CANAL COMPANY.
Know All Men by These Presents:
That we, the undersigned, to form a
| corporation under and pursuant to the
laws of the Territory of Arizona. do
hereby sign and acknowledge the fol-
! lowing articles of incorporation:
ARTICLE ].
The names of the corporators are
Nathaniel W. Haggard, John H. Ivy
and Fred F. Campbell. The name Of
the corporation shall be Meridian
Canal Company" and its principal
place of transacting business shall be
Phoenix, Arizona.
ARTICLE IL
The general nature of the business
proposed to be transacted is as fol-
lows, and the corporation shall be au-
thoIized:
!. To construct, acquire, own, OPP
craze, sell, rent, lease, cucumber, dis
pose Of, or redeem dams, reservoirs,
canals, aqueducts, pipe lines. wells.
pumps and any and all other appli-
ances necessary or convenient for the
appropriation, diversion, distribution
or use of water for irrigation or any
mechanical agricultural. domestic or
humanitarian use, or use of animals;
2. To appropriate, develop. i'm
pound, obstruct, divert. convey, con-
struct, use, supply or distribute wafer
for any useful or beneficial purpose
and to acquire, own, operate, use, sell.
rent, lease, cucumber, dispose of or
redeem water rights or rights TO the
control or use OF water initiated,
owned or controlled by others;
3. To reclaim land by the use Cf
water;
4. To acquire, own, cultivate, de-
velOp, sell, rent, lease, cucumber dis
pose of or redeem lands, uenements or
Entertainments and any real, personal
or mixed property, or rights in the ma
ture of property, including sites, 10
cations and rights of way in fee or by
easement or otherwise.
3. And generally to undertake and
carry on any business, undertaking,
transaction or operation commonly
carried on or undertaken by irrigation !
companies. water supply companies,
or water power companies, and any
other business which may seem to the |
capable OF being convenient |
ly carried on in connection with the |
above or calculated either directly or /
indirectly TO enhance the value of or
render profitable any of the company's |
property or rights;
To enter into contracts with any |
other company OF companies. or per
son or persons for the foregoing pur-
poses;
To do all or any of the aforesaid as
principal. agent, contractor, trustee
Dr. otherwise, and that by or through
trustees, agents or otherwise. and
erther alone or in conjunction with
others:
To amalgamate or unite with any
other company altogether or in part
similar in its objects or purposes 10
his company;
To borrow, or raise money by mort
gage or on bonds, debentures, accept
inces prOmissory notes or other Sc
;uIities, or property of the company
u any part thereof; and to provide
or the repayment thereof and interest
hereon, by the creation of sinking
und or otherwise, and to do all such
h5ngs as are incidental or conducive
o the attainment OF the above OBJ
Gets
ARTICLE III.
The capital stock of this corporation
hall be sixty thousand dollars, di
-ided into SIX hundred shares of one
hundred dollars each; and the com
'any shall have power TO increase,
classify or reduce the cap
tai for the time being by the amend
lent Of these articles and to raise the
Whole or any part thereof or any in
reased capital at a premium or
any preference, guarantee, priv
lege, or other advancement or post /
Onement. The. board of directors !
nay at their discretion and are hereby G
II h n r
rom time to time for the proper irri- :
alton of ten acres Of land, and not 1
Xceeding one siX-hundredths paru of I
Iater, to be diverted at the HaggaTd !
nd Ivy head from the Salt river, in 1
idental and appuftenant to each
hare of the cOmpany'S capital stock
7 to such portion thereof as the board l
directors may by resolution deter .
line, but the land 10 be irrigated
hereby must be promptly and perma-
emily specified. Capital stock shall
2 subscribed for, sold, issued and the
rice thereof paid in at such times for
UGH prices and upon such terms and
Ond:tiOns as the board of directors
hall from time 10 time by resolution
irect,
Provided, however, that the pur-
base price OF all stock shall be fully
aid before the certificates therefor
hall be issued, and all stock shall be
;sued fully paid and non-assessa BILE.
ARTICLE ".
The time of commencement of the
shall be the second day of
lay, A D.. 1899, and its termination
[ the end of fifty years from the date
commencement
ARTICLE V.
The affairs of the corporation shall
e conducted by a board of three di-
actOrs to be elected yearly at the