Arizona republican., 1903-03-10

Ser. II. The Secretary shall act as the Clerk of the Board of Governors, and He shall he the custodian, of the seal of the Association; and of all its books. Pa pers and records lie shall Immediately upon their adoption and certiiication to him by the Council. record in Book Of Bylaws to be kept by him in his office. all bylaws adopted by the Coun- cil. and shall keep such book open to the inspection of any member of the Associ- atinn at all times during business hours. % other duties as may be devoived upon him by the bylaws.
 ARTICLE XT.
 The Council may create such other offices as may be necessary for the carry ing on of the business and affairs of this Association. and prescribe the manner Of appointment. powers. duties. terms of office. eligibility and compensation thereof by bylaws not Inconsistent with these
 ARTICLE XII.
 Upon proper complaint thereof by the Board of Governors. duly sustained, the Preside President. Iice-President. Treasurer. see ratarY. or the incumbent of any office created by the Council. for incompetence. fnRds of the Association, or Ye fer @ violation of any of the provisions of these Articles. or of any bylaw. The council shall pre- scribe by bylaws the procedure for such
 '' ARTICLE XIII.
 Section l. Revenues necessary for the accomplishment of the purposes of this ment thereof from time to time as re- Guired upon and against the share holders.
 Sec 3. The Council shall have power to make and enforce necessary bylaws for the making. levying. collecting and en- forcing of such assessments.
 Sec 3. Assessments for the ordinary cost of operation. maintenance and repair: of the works of the Association. or of those the maintenance and control of which are. or may be hereafter. lodged in the Asocia tion, shall bc equally assessed against all the shareholders in proportion to, the number of shares held by them respectively.
 Sec. 4. Assessments for the purpose of constructing or acquiring. or for the bet tcrmcnt, Improvement. renewal. replace ment. CT preservation of any works. prop erty. or rights of the Association. or tor the purpose of preserving. or increasing. or more efficiently. or economically dis tributine the water supplies available for. distribution by the Associa tion or for the fuliliment of any obligation undertaken hy the Association. in any contract. agree me1t or other arrangement with the United States Government. or necessary for the accomplishment or carryin@ out of any of the purposes of the Association. may he equally assessed against all the shareholders in proportion to the number of shares owned hy them respeetiveiy: for purposes that are of benefit to part only of the shareholders may be specially
 
 against such shareholders. but no ex-- pcnditure to be provided for. or covered by. such snecial assessment shall he made. or obligation to eNpend the same incurred, except upon the petition of the holders of two-thrtls of the shares to be so. specially benefited thereby.
 Sec. 6. Assessments shall become. from time to time as they are made and levied. and. until they are paid or otherwise dis chareed. shall be and remain lien on the lands of the shareholder against which they are levied: and upon the shares of stock appurtenant to said lands. and all rights and interests represented by such shares. The manner of fixing Inc lien and enforcing the same shall be prescribed in the bylaws.
 ton. maintenance and repair. no work shall be undertaken. purchase made or indebtedness incurred or he authorized during any one yea. whereof the, cost or amount thereof shall exceed fifty thou sand dollars $50. 0.000.00) until it shall have first been ratified by at least two-thirds called for that purpose. Special elections may be called and held for such purpose under such bylaws as the Council may prescribe, not inconsistent with these Ar tcleS.
 ARTICLE XIV.
 Nothing in these Articles of Incorpora- ton. in the fact of becoming a mem bor of this Association. shall be construed as affecting. or intended to affect. in any way interfere with the present vested | rights of any person to the prior use. or delivery. of the natural appropriated flow of the waters of the Salt and Verde rivers.
 | The individual property of the share holders shall he exempt from liability for incorporate indebtedness of this Associ- | ation.
 ARTICLE XVI. | The incorporate indebtedness shall not exceed two. thirds of the amount of the
 ARTICLE XVII
 This corporation shall endure for the term of twenty-five (25) years. 1 ARTICLE XVIII. | he amended by the shareholders at a regular annual election or at special election called for that purpose. No pro- | posed amendment shall be submitted to the Shareholders until it shall have first received the approval of two-thirds Of 1 the members of the Council at regular or duly called session thereof. nor snail any such proposed amendment be so sub | nittCd until it shall have been published | in full at least once in each week for four | consecutive weeks in at least three news papers published and of general rircuia- l ticle IV of these Articles. the last Of which such publications shall he not less than 10 nor more than 20 days before any ] such election.
 ARTICLE XIX. | This Associa tion may accept and avail itself Of. subject itself to. the provi- | sions of any law or laws enacted, or that 1 may be enacted by Congress. or the Legislative Assembly of the Territory. or State, when it becomes State. of Ari- zona. relative to corporations. which may ! he applicable to corporations organized i for like purposes as this Association. | Such acceptance or subiection shall be valid when ratified by at least two-thirds of the votes cast at any annual election. | ar ot any sDecial election called for the