Arizona republican., 1899-07-29
ARTICLES OF INCORPORATION
of the
MERIDIAN CANAL COMPANY.

Know All Men by These Presents:
That we, the undersigned, to form
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 II.
The general nature of the business
proposed to be transacted IS as fol-
lows. and the corporation shall be au-
thorized:
!. To construct. acquire, own, OPP
craze, sell. rent, lease, cucumber, dis
pose Of, or redeem dams, reservoirs,
canals, aQueducts, pipe lines, wells.
pumps and amy 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;
?. To appropriate, develop, i'm
pound, Obstruct, divert. convey, con-
struct, use, supply or distribute water
for any useful or beneficial purpose
and to acquire, own, operate, use, sell.
rent, lease, cucumber. dispose of or
redeem water nights or rights TO the
control or use OF water initiated,
owned or controlled by others;
g. To reclaim land by the use of
water;
T. To acquire, own, cultivate de-
Yelop, sell, rent lease, cucumber dis
pose of or redeem lands, tenements or
Entertainments and any real, personal
or mixed property, or rights in the ma
ture OF property, including sites, To-
cations and rights OF way in fee or by
easement or otherwise.
D. And generally to undertake and
carry On any business, Undertaking,
or operation commonly
carried on or undertaken by irrigation
companies, Watsr SUPPLY companies,
or water power companies, and any
other business which may seem to the
company capable of beLng 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
or rights;
To enter into contracts with any
other company or companies, or per-
son or persons for the foregoing pur-
poses;
To do all or any of the aforesaid as
principal. agent, contractor, trustee
or otherwise, and that by or through
trustees, agents or otherwise, and
either alone or in conjunction with
others;
To amalgamate or unite with any
other company altogether or in part
similar in its objects or purposes to
this company;
To borrow or raise money by mort
gage or on bonds, debentures, accept
ances, promissCry notes or other Sc
curittes, or property of the company
or any part thereof; and to provide
for the repayment thereof and interest
thereon by the creation of a sinking
fund or otherwise, and to do all such
things as are incidental or conducive
to the attainment of the above OBJ
1ects.
ARTICLE III.
The capital stock of this corporation |
shall be sixty thousand dollars. d. |
Vided into six hundred shares of one |
hundred dollars each; and the com /
Dany shall have power to increase, !
subdivide, classify or reduce the cap |
tai for the time being by The amend /
nent of these articles and to raise the /
whole or any part thereof Or any in
creased capital at premium or
vi IN any preference, guarantee, priv
lege, or other advancement or post
1onement. The board of directors
nay at their discretion and are hereby
to make water sufficient /
rom time to time for the proper irri-
cation of ten acres of Land, and not
exceeding one six-hundredths part Of
water, to be diverted at the HaggaId
md Ivy head from the Salt river, in
.idenfal and appurtenant to each
hare of the cOmpany's capital stock
n to such portion thereof as the board
# directors may by resolution deter
nine but the land to be irrigated
hereby must be promptly and perma-
lently specified Capital stock shall
,e subscribed for, sold, issued and the
rice thereof paid in at such times for
UGH prices and upon such terms and
conditions as the board of directors
hall from time TO time by resolution
irect,
base price of all stock shall be fully
,aid before the certificates therefor
hall be issued, and all stock shall be
ssued fully paid and worcestershire.
ARTICLE ".
The time of commencement Of the
shall be the second day of
lay. A D.. 1899. and its termination
t the end of fifty years from the dale
f commencement.
ARTICLE V
The affairs of the corporation shall
e conducted by a board of three di-
ectors to be elected yearly at the
ocular annual meeting of the stock
olders. All directors shall be stock
-olders in their own night
The officers of the corporation shall I
e president, vice-president, secretary, I
treasurer, attorney and such other as
he board Of directors may ordain. 2
lore than ono office NAV he held Inv l