Arizona republican., 1902-01-20
ARTICLES OF INCORPORATION
 OF THE HIGHLAND WATER COMPANY.

We, whose names are hereunto sub scribed. desiring to incorporate our selves under the provisions of the laws Of the Territory of Arizona for the pur- pose of engaging in the transaction of the business herein mentioned. do make. sign. and acknowledge. accord ing to law. these Articles of Incorpora- tion.
 ARTICLE l.
 The names of the incorporators of this corporation are Elijah Coffin. Win. Christy and William F. Pomeroy.
 ARTICLE II.
 The name assumed by this corpora ton and by which it shall be known is HIGHLAND WATER COMPANY, and it's principal place of transacting busi- ness is and shall be in the City of Phoe- nix, in Maricopa County. Arizona Ter ritory. Said corporation may transact business and have an office al Mesa City. in said County and Territory, and at such other place or places as its Board of Directors may deem conven- tent or advisable. The time of the commencement of this corporation shall be on the 27th day of November. 1901. and the termination thereof shall be on the 27th day of November, 1926. unless the same shall be renewed as provided by law
 ARTICLE III.
 The general nature of the business proposed to be transa cted by this cor poration is that of constructing or own ing by purchase or otherwise, and maintaining and operating. dams, canals. and ditches, and appropriating any of the unappropriated waters of the Salt River. for the purpose of de livering the same for irrigation or other beneficial uses to persons owning stock or water rights in it's said canals Said corporation shall have power and authority to sell to persons water rights in the canals which it shall here after own or construct for such amount of water as it may appropriate of the inappropriate ted water of said Salt River Said corporation shall have power and authority to acquire by pur- chase or otherwise water heretofore appropriated for irrigation: also to buy and sell water and the use thereof: also to locate. or in any other lawful man ner, acquire real estate and sell and dispose of the same in such manner as such corporation may deem advisable and also any and all other kinds of property, real, personal or mixed. in- cluding stock of other corpora tions. It may also own, control, manage and operate all kinds of machinery to be driven or operated by water power. It shall be authorized to borrow money and contract to repay the same at such time or times. and at such rate of in- terest as it's Board of Directors may deem proper. And it shall have the right to hypothecate. mortgage or pledge all or any part of it's property which it now owns or may hereafter acquire. to secure the payment of any money or moneys borrowed or owed by it, as it's said Board of Directors may deem advisable.
 ARTICLE ".
 The amount of the capital stock of this corporation shall be fifty thousand dollars ($5O. .O0000). divided into five hundred (5O0) shares of the par value | of one hundred dollars ($100.OO) per share. Said capital stock shall be paid for upon making subscription therefor either in cash or in property or in both as the Board of Directors may iron, time to time deem advisable, and nc