The Coconino sun., 1902-10-04
ARTICLES OF INCORPORATION GRAND CANYON ELECTRIC
 POWER COMPANY.

KNOW ALL MEN BY THESE PRESENTS that we, whose names are hereunto afhxed, do hereby associate ourselves together for the purpose of forming corporation under the laws of the Territory of Arizona, and for that purpose do make, sign and acknowledge, sc- cording to law, and adopt the following Ar ticles of Incorporation.
 ARTICLE l.
 The names of the incorporators are Julius kubIneau, A. Barmann and David Babbitt.
 ARTICLE Il.
 The name of this corporation shall be Grand Canyon Electric Power Company" and it's principal place of business shall be in the town of Flagstaff in the County of Coconino, Terri tory of Arizona, with branch ofices at such place or places as may be hereafter established by the Board of Directors
 ARTICLE HI.
 The general nature of the business proposed to be transacted and carried on is:
 First--The generation, transmission and dis tribution of electrical and other power and the use and sale of the same for the following pur- poses, to-wit: for the operation Of mines. rail- roads. tramways, sawmills, quarries, smelters, mills, factories mining and other hoists, the smelling, teaching, separating, refining and re- ducing of any and all kinds of ores, minerals and mineral products, the construction and op- eration of plants for the manufacture of light and heat. by electrical and other power, the distribution and sale of the same to incorpor- ated cities. villages and towns counties, public and private corporations and individuals, the generation, distribution, transmission, use and sale of electrical and other power for any and all other purposes to which the same may be adapted.
 Second-The appropriation and requirement, by location. purchase or any other lawful means, of water and water rights. reservoirs, dams. canals and any other means for the stor- age. use. delivery and distribution of water, the construction and operation of reservoirs, dams. canals. ditches, pipe lines. fumes and any and all other means and appliances for the use. sale. delivery and distribution of water to any public or private corporation or individual.
 Third To acquire. by purchase or otherwise, letters patent and inventions relating to or in- cident to the generation of and use of electric and other power, and to work, handle and con- trol the same, and to sell the same or the pro- ducts made thereby or hereunder.
 Fourth-To locate and to acquire. by pur- chase or otherwise. to sell, own, use and con- trol, real estate, machinery, appliances and buildings, together with any and all personal property, necessary or incident to the purposes of the corporations to form other corporations. and own. buy or sell stocks and bonds, or other securities in them, whether they be telephone, telegraph. manufacturing or other business or industrial corporations; to borrow money, issue bonds; to mortgage, pledge or otherwise dis pose of any or all of It's corporate property for the security and payment of any of it's indebt- edness, and to do any and all things, and to ac- quire all property, real and personal, which may be requisite and necessary, or desirable in the opinion Of its Board of Directors, to carry into effect the objects for which said corpora tion was formed
 ARTICLE W.
 The amount of capital stock shall be the sum of Ni ,0O00O0) one million dollars. divided into ten thousand 0l0,OO0) shares. of the par value of one hundred (siOO) dollars each. At such times as the Board of Directors may by resolu- tion direct said capital stock shall be paid into this corporation, either in cash or by the sale and transfer to 1t of real or personal property, for the uses and purposes of said corporation. in payment for which shares of the capital stock of said corporation may be issued, and the capital stock so issued shall thereupon and thereby become and be fully paid and non- assessable, and. in the absence of actual fraud in the transaction, the judgment of the Direc- tors as to the value of the property purchased shall be conclusive. Nothing herein contained shall be construed as limiting the power of the Board of Directors to set apart such portion of the capital stock of the corporation as treasury stock, to be hereafter sold at such times and at such prices as the Board of Directors may deem proper or desirable, for the use or in the inter- ests of the corporation.
 AprI6,I Ic M