The copper era., 1902-05-29
ARTICLES OF INCORPORATION
CLIFTON WATER AND IMPROVE
MENT COMPANY.

f Territory OF ATiEona, aud IN accordance there
with hereby adopt sign. publish and
acknowledge these presents as its articles Of in
corporation.
l. The name OF this corporation is Clifton
Water and Improvement Company. and the
names OF the incorporators are W. J. Davis.
Gordon Mclean. NJ. z. Thorpe and II Il Ricc
/ Of Morenci. Arizona and A. G Smith Of Clifton.
Arizona. The principal place OF bushes, Of
I this corporation shall he al Clifton. Graham
County. Territory OF Arizona
The general nature Of the business to be
transacted by this corporation, and which i, j.
authorized 10 transact. IS 10 engage in the &C
QUESTION and ownership Of water and winter
rights, the construction and ownership 10y
purchase or otherwise. and maintaining and
operating Il system of water works in the town.
Of Clifton. Arizona, and in the vicinity thereof
J to engage in the acquisition OF water and water
, rights, and the use. sale and lease OF the same
i for mining. milling. agricultural. mauufac,ur-
/ ing, mechanical and domestic purposes and also
/ the acquisition and ownership Of lands and
/ premises for the development storing and con
veying thereof and for night OF way to con
struct and maintain its dam. reservoirs. canals,
waterways fumes. pipe lines and other
| necessary structures and appurtenauccs in
carrying and conveying water aud also the sale
I
aforesaid. and the protection from fire in and
! in the vicinity Of the town Of Clifton Graham
County. Arizona. and generally in the copper
mining district of said county. also 10 engage in
the acquisition aud ownership Of water and
water rights and the sale or lease OF same To
parties or corporations for power to generate or
obtain electric light, power and heat and to
! lease sell the same for the purpose OF main
tanning and operating electric light plants in
the town of Clifton and vicinity thereof also 10
engage in the acquisition and ownership OF
water and water rights. and for the use and
sale of the same for the manufacture Of ice, and
| for the use and sale in the operation and main
tenanCe of ice plants.
s. The amount of capital stock of this corpor-
alton shall be Two Hundred Thousand s2pOocW
Dollars. divided into two hundred thousand
(2OOOOO shares Of the par value of one (si.noi
Dollar each. to be paid in at such times and in
| such manner as the Board of Directors shall.
| from time TO time. by resolution, direct and for
| such prices shall, to the said Board of Ri
| rectors, seem best, and said stock may be issued
and sold for money or exchanged for services
| to the corporation. or exchanged for property
acquired or purchased 10y the corporation, and
when SO issued, shall be fully paid up. and the
stock in this corporation shall be forever non
assessible.
4. The corporate existence OF this corporation
shall commence on the day of the filing of these
Articles of Incorporation in the Office of the
County Recorder of Graham County, Territory
of Arizona, and n certified copy of the same
with the secretary of the Territory Of Arizona
and the termination thereof shall be twenty
five (25 years thereafter
5. The business Of this corporation shall be
conducted by Board of Directors consisting
Of five 90 stockholders, who shall bc elected
annually by the stockholders on the first Mon
day in March OF each year said election to take
place at the principal place of business men
toned in these articles: notice of the time and
place of holding said annual meeting to he Civ
en- ms the bylaws of this corporation shall pro
vide; said Directors shall hold their Office for "A
term Of one G) year from the date of their cleo
ton, and until their successors shall have been
elected and qualified. The following named
persons, who are subscribers to the capital
stock of this corporation whose name and
places ofrcsidencc is as follows
W. J. Davis Observation-Disclosures orenci, Arizona
Gordon Mclean. .Morcnci Arizona
NJ. +. Thorpe ....-..-..... Morcnci, Arizona
II. h. Bicc Observation-Disclosures. Morencf Arizona
4. q. Smith ........-...........Cl Clifton, Arizona
Shall constitute the Board of Directors of this
corporation until the first Monday in March, A.
D., 1903, and until their successors shall hay
been duly elected and qualified. Vacancies
in the Board of Directors shall be filed by the
remaining members Of the Board for TIE uncx-
prcd term. \ majority of such members shall
constitute quorum. and any meeting of such
Board of Directors at which quorum is present
shall be deemed a legal meeting, and shall have
the same authority II full Board
1 The Offices OF this corporation shall bc n
President Vice President. Secretary and Treas
urer. The President, Vice. President, Secretary
and Treasurer shall be elected annually by the
Board of Directors from among their members.
and such other officers from among the stock
holders Of this corporation a. the Board Of III
rcctors may deem necessary to carry on the
business Of this corporation. The Board Of Di-
rcctors shall have power to remove any officer
at any time, and to fiji all vacancies caused by
removal otherwise. The following named
persons shall constitute the officers Of this cor
poration until the first annual meeting Of the
Board Of Directors on tho first Monday in
March, 1903, unless sooner vacated under some
of the provisions of these articles:
Gordon Mclean .................. .... President
j. Davis .--......--..... --..... Vice President
A. &. Smith .................. Treasurer
A g. Smith ................ ..... Secretary
:. The highest amount OF Indebtedness Iii .
rect or contingent, to which said company shall
at any time subject itself shall not exceed the =
amount Of fifty thousand $4,000 dollars
5. The private property Of the stockholders
in this corporation shall be exempt from al
debts of this corporation.
g The Board of Directors Of this corporation