Bisbee daily review., 1904-05-26
ARTICLES OF INCORPORATION
Of the Bisbee-Naco Water Company Know All Men by These Presents:


 NJ. J. Cunningham. W. H. Brophy. E B. Mason, M. J. Brophy and L. c. Shat tuck, all of Bisbee, Arizona, have this day voluntarily associated ourselves together for the purpose of forming a corporation under the laws of the Ter ritory of Arizona. and We do hereby certify, acknowledge and adopt the following articles of interpretations;
 First-The name of said corpora ton shall be "BISBEE-NACO WATER COMPANY" and the principal place of business of said corporation shal be Bisbee, Cochise county. Territory of Arizona. with offices at such other places, within and without the Terri tory, as the Beard of Directors may determine.
 Second-The general nature of the business proposed to be transacted by said corporation is as follows: To buy and sell water, water rights and priv ileges; to own and maintain a system of water supply in the City Of Bisbee and vicinity, or elsewhere; to supply water for domestic and other uses from wells at Naco, Arizona, and from other sources; to lay and construct, ac- quire and own such mains, laterals, pipes and conduits as may be useful for the carrying of said water; to ac- quire and own. erect and construct, dams, reservoirs, acqueducts, tanks, pumping stations, ditches, canals and water ways; to secure and impound the water of springs, streams anc wells. and other sources of supply, and conduct the same into all such con duits; 10 own and acquire all such and other sources of supply as may be nee essary. convenient or useful; to ac- quire. hold and own the capital stock, bonds, mortgages, notes, shares and c:her obligations, or properties Of this and other corporations, and to exer- else in respect 10 the same any and all rights, powers and privileges of in dividuals or corporate owners thereof, including the right to vote upon any shares of stock held by it to the same extent that a natural person might or could do; to acquire and own ease ments, privileges, licenses, franchises and rights of way, from individuals. as sociations and corporations, whether municipal, public or private; to ac- duire. own and control all such other works. conveniences, property and property rights, as may seem directly or indirectly conducive to any of the objects O: the corporation, and 10 con tribute to, subsidize, or otherwise aid or partake in any such operations; to make any and all contracts. and to ac- quire and transfer all species of prop erty, either in it's own right, or as agent for others, the same as natur- al person might or could do; and gen orally to do such other acts and things as may be necessary or con venient to the proper conduct of the business of said corporation in the Territory of Arizona, or elsewhere, not contrary to the laws of the Unit cd States or the Territory of Arizona.
 Third-The authorized amount of capital stock of this corporation shall be two hundred thousand ts2Oo,00O) collars, divided into twenty thousand (20,000) shares of the par value of ten ($10) dollars each. Sufficient Of said stock shall be at once disposed of, either for cash, or in exchange for real and personal property, as may be necessary to acquire for said corpora ton the requisite plant and water sys- tenn to carry on that branch of the business of this corporation. The balance of stock shall remain in the Treasury, subject to the disposition of the stockholders by majority vote, or by a majority vote of the Board of Di- rectors. All stock shall be forever pon-assessable.
 Fourth-The time of the commence ment of this corporation shall be after the filing of these articles of incorpo-