Arizona republican., 1903-03-11


 1the Council shall call a special election
 to fill the uneXpired terms for both of
 ices; provided however, that such J va va before the next annual election. shall be
 filed by aappointment by the Council executive officer of the Association. and shall have general supervision over all
 other officers of the Association in the performance of their duties as such. and of the conduct of the business and affairs of the Association. He shall preside at
 and shall he ex-otticio a member of that Board: and perform such other duties as may be devo!ved upon him by the by laws.
 ! Sec. T. All certificates or other evil dences Of the ownership of shares of stock in the Associa tion issued by the Association shall be signed by the Presi- dent and Secretary of the Association,
 and shall have the seal of the Association | affixed thereto.
 Sec. s. All contracts and instruments
 in writing executed for. or in behalf of | the Association. shall be so executed in tEe name Of the Association bv the Pres
 seal of the Association affixed thereto Sec. 9. The Treasurer shall receive and i be the custodian of all moneys and
 other funds of the Association. No moneys shall be paid out by the Treasurer
 unless upon warrants drawn on him by l provided in Article N Section of these
 Articles No warrants shall he drawn
 Board of GorernorS, recorded in the min
 t ntsa of td the e Eoard 1.t d., and in warrant
 Sec. b. The Trsastrer shall keep ful.
 conpiete and accurate account of all i dishUrsed by him, in books belonging to
 the Associat ton. and shall present re-
 pert and account thereof for tue last preceding month to the Board of Cover ! nors at every regular monthly meeting of said Board. and shall. at the expiration
 of each quarter. prepare and publish. in SnCh scribe. a quarterly statement to share 1 holders showing all such receipts and
 quarter; and the Treasurer shall perform s:cll other Guties as may be derolved
 up9n @ him in hY hd ths sedTetsTv hylaTs shah act l Clerk of tie Board of Governors. and keep a record of all their proceedings.
 the Association and of all it's books. pa
 pers and records. lie shall immediately upon their adoption and ceTtification to 1 of Bylaws to be kept by him in his office. all bylaws adopted by the Coun- i cil. and shall keep such book open to the
 inspection of any member of the Associ- ation at all times during business hours ! And the Secretary shall perform such other duties as may be dcvolyed upon him l by the bylaws.
 1 ARTICLE NJ
 The Council may create such other ! offices as may he necessary for the carry | ing on of the business and affairs of this l Associa tior, and prescribe the manner of i appointment. powers. duties. terms of | office. eligibility and compensation thereof ! by bylaws not inconsistent with these 1 ARTICLE XII. i Upon proper complaint thereof by the Board of Governors. duly sustained. the Council may I2 remove remove from on office. e. the ratary. or the incumbent of any office created by the Council. for incompetence. neglect of duty. misappropriation of
 orntt tEl. of any of the provisions of these Articles. or of any bylaw. The council shall pre- scribe by hy-laws the procedure for such removal.
 i ARTICLE XIlI Section l. Revenues necessary for the accomplishment Of the purposes Of this ment thereof from time to time re-
 Guired upon and against the share { holders.
 | Sec }. The Council shall have power to make and enforce necessary bylaws for the making. Ievying, collecting and en- forcing or such assessments. cost of operation. maint and repair. | of the, works of the Association. or of i those the maintenance and control of which are. or may be hereafter. lodged in the Association, shall be equally assessed against all the shareholders iil proportion i 10 the number of shares held by them respectively.
 l See. l. Assessments fof the purpose of constructing or acquiring. or for the bet
  nlert. or preservation of any works, prop erty, rights of the Association. or for the purpose ot preserving. or lncrea sI5i:;. or more efficiently, or economically dis tributing the water supplies available for distribution by the Association. or for the fulIilment of any obligation undertaken lay the Assccia ton. in any contract. agree ment other arrangement with the United States Government. or necessary : for the accomplishment CT carrying out of any of the purposes of the Association. . may be equally assessed against all the i shareholders in proportion to the number of shares owned by them respectively. ! Sec. ,. Assessments for expenditures ! for purposes that are of benefit to part only of the shareholders may he specially i against such shareholders. but no eN- nenditure to be provided for. or covered by. such special assessment shall he made. or obligation 10 eXperd the same Incurred. except upon the petition of the i hGlIcrs of two-thirls of the shares to be i so specially benefited thereby. l Sec. G. Assessments shall become. from time to time as they are made and levied. and. until they, are paid or otherwise dis charged shall be and remain q lien on i the lands of the shareholder against which they are levied. and upnn the and all rights and interests represented by such shares: The manner ot fixing | the lien and enforcing the same shall be ! prescribed in the bylaws.
 1 See. [. Except for the ordinary opera ton; mmaintenanefe m ef and repair. no & work indebtedness incurred or be authorized l dErng any one year whereof the cost or amount thereof shall exceed fifty thou sand dollars CS-0.000.00) until it shall have i first been ratified by at least two-thirds or the votes cast at an election to be called for that purpose. Special elections i may be called and held for such purpose. under sIIch bylaws as the Council may prescribe, not inconsistent with these Ar l ticjes-
 1 ARTICLE XIV. ] Nothing ;n these Articles Of Incorpora l ton. or in the fact of becoming a mem I bor of this Association. shall be construed l as affecting. or intended to affect, or in any way interfere with tho present vested | rights of any person to the prior use. or | delivery. of the natural appropraf ted flow of the waters of the Salt and Verde l rivers.
 ARTICLE XV.
 l The individual property of the share | holders shall be exempt from liability for 1 incorporate indebtedness of this Associ- | ation. l ARTICLE XVI. 1 The incorporate indebtedness shall not exceed two thirds Of the amount of the 1 capital stock.
 1 ARTICLE XVII. | This corporation shall endure for the term of twenty-five (25) years. | ARTICLE XVIII.