The Socorro chieftain. [volume] (Socorro, N.M.) 1902-1959, 1906-01-13

ARTICLES OF INCORPORATION
OF
MAGDALENA DEVELOPMENT
COMPANY.
We, the undersigned citizens of the
United States, being desirous of form
ing corporation under the laws of
the Territory of New Mexico, do make,
sign aud acknowledge the following
articles and certificate of incorpora-
tion to-wit
First. The name of said corporation
MAGDALENA DEVELOPMENT
COMPANY.
Second. The principal or registered
office of said company in the Territory
of New Mexico is in the town Of
Magdalena in the county of SoCJrro,
on the west side of Main Street un-
numbered in said town and the name
of the agent in charge thereof, and
upon whom process against the cor
poration may be served, is Walter
Cook.
Third. The objects for which said
corporation is formed are the construc-
ton and maintenance of reservoirs,
canals, bitches, and pipe lines for the
purpose of supplying water for irriga-
ton, mining, manufacturing, domes-
tic and other public uses in the said
town of Magdalena and to and upon
other lands in the vicinity of said
town, and for the colonization and inn
provements of said lands in connec-
ton Herewith. Said bitches and pipe
lines to be constructed and maintained
in and along the said streets of the
iown of Magdalena and other public
highways, and in and over other lands
in the vicinity; also the acquisition by
purchase or condemnation proceedings
of all necessary rights of way, lands,
gravel and other materials; the pur-
chase, improvement, colonization sale
and disposition of lands in Magdalena
and in the vicinity, and the perform
ance of every act and thing that may
be deemed necessary and desirable by
its board of directors in the carrying
on of the business of said corporation,
including the subscription for, taking,
payment for, holding, use and DISPOSE
ton of stocks or bonds of any other
corporations formed for the purpose of
constructing, maintaining and operat-
ing any such public works, and the
doing of every act not inconsistent
WITH InG l<dWS VI liiC lNlllAOlO VI ANGM
Mexico in regard TO corporations for
the purposes aforesaid. The begin
ming point of the main line of the
ditch or pipe line of said corporation
shall be on the northwest quarter of
section thirty-fve in township two
south of range four west of the New
Mexico Principal Meridian in the
County of Socorro, and on land known
as the ranch of Walter Cook, and ex-
tending thence to a point about one
quarter of mile Soath of the north
line of section twenty-seven in the
township and range aforesaid, said
point being on a line with Main street
of said town of Magdalena; thence
following along the course of said
Main street to and through the said
town of Magdalena in sections twenty
seven and twenty-five in the township
and range aforesaid, and continuing
in the same general direction as said
street, over the remaining portion of
said section TWENTY-FIVE to its terminus
at the north line of said section; the
general course and direction of said
line being north of northwest and this
length Of said line being about two
and one-half miles. The lateral ditch
es and pipe lines from said main line
shall extend through and along the
other streets of said town and through
and along other lands i'm that vicinity
for the purpose of supplying water for
the uses aforesaid.
Fourth. The amount of the total All
thorized capital stock of said corpora
tion is twenty thousand dollars l$20,-
0o00O) divided into twenty thou
sand. (20,000) shares of the par value
of one dollar tS1.00l per share. The
amount of the capital stock with
which said corporation shall com
mence business is three thousand
Rndthree (3003l shares of the par value
Of thee thousand and three dollars
t$30O3.00)
Fifth The names and postoffice ad-
dresses of the undersigned incorpora-
tors; and the number of shares sub
scribed for by each, are as follows:
Lawrence X. Babcock, whose post
Office address is Kelly, New Mexico
who has subscribed for one thousand
(l000l shares.
Walter Cook, whose postoifice adj
dress is Magdalena, New Mexico, who
has subscribed for tive thousand 5000
shares.
John M. Allen, whose postofiice adj
dress is Magdaiena, New Mexico; who
has subscribed for one til share.
James G.. Fitch, whose postoflice ad.
dress IL Socorro, New Mexico, who has
subscribed for a. share.