Arizona republican., 1906-06-28
ARTICLES OF INCORPORATION
 of WESSEX 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 purpose of. engaging in the transaction of the business hereinafter mentioned, do make. sign and acknowledge, ac- cording to law, these articles of incor- poration.
 Article I. The names of the incor- porators of this corporation are c. F. Ainsworth, George ?. Brown and James R. Thorpe.
 Article II. The name assumed by this corporation and by which it shall be known is WESSEX WATER COM PANY; and it's principal place of transacting business is and shall be in the City of Phoenix, Maricopa County Arizona Territory. Said corporation may transact business and have an of fee at Wessex in said County and Ter ritory. and at such other place or places as it's Board of Directors may deem convenient or advisable. The time of the commencement of this cor poration shall be the 18th day of May, 1906 and the termination thereof shall be twenty-five years thereafter. unless the same be continued as provided by law for the continuation of such cor porations.
 Article III. The general nature of the business proposed to be transacted by this corporation is that of con structing or owning, by purchase or otherwise. and maintaining and oper- ating dams, canals and ditches, and other water ways, and of apprOpriating any of the unapprOpriatetd waters of the Gila River for the purpose of de- ' beneficial use to persons owning stock or water rights in it's said canal or canals Said corporation shall have i power and authority to sell to persons
 water rights in the canal which it shall hereafter own or construct for such amount of water as it may appro- priate of unappropriated water of said i Gila River. Said corporation shall | also have the power to buy and sell
 water and the use thereof; also to To- | cate or in any other lawful manner ac- quire real estate. and sell and dispose i of the same in such manner as said corporation may deem advisable, and also may buy, sell and hold any | and all other kinds of property, real, | personal and mixed, including the stock of other corporations. It may also ! control, own, manage and operate
  | systems. It shall be authorized to borrow money and contract to repay ! the same at such times and at such rates of interest as it's Board of Di-
 rectors may deem proper. And it shall ] have the right to hypOthecate, mort gage or pledge all or any part of it's property, which it now owns or may 1 hereafter acquire, to secure the pay ment of any money or moneys borrow 1 ed or owed by it, as it's Board of Di- i rectors may deem advisable.
 1 Article ". The amount of the cap- 1 ital stock of this corporation shall be | s15O,000.OO, divided into one thousand | five hundred shares (1,5OO) of the pal value of One hundred (1O0) dollars | per share; and the times when and the ! conditions upon which the said capi- | tai stock is to be paid in, are as fol- ! lows:- On making the subscriptions i therefor, the amount subscribed shall l be paid in. either in cash or in prop
 erty, and no stock shall be issued until
 the same shall have been fully paid in
 either in money or in property, and the
 same when so issued shall be non-
 assessable thereafter.
 Article V. The highest amount ot
 indebtedness or liability to which this i corporation shall at any time subject itself or be subjected is the sum ol