The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1907-03-20
Certificate of Incorporation.

side, New Mexico, David j. McCanne,
of Sulnyside, New Mexico, C. d. Bon
ney. of Roswell, New Mexico, C. A.
Richardson, of Roswell, New Mexico
and Fl. lie B.. Heflin, of Roswell, New
Mexico, all of whom are citizens Of
the United States and residents of
New Mexico, do, by this Certificate
of Incorporation, associate ourselves
together for the of incorpo-
rating and organizing a company to
construct and maintain reservoirs,
canals and ditches to supply water
for the purpose of irrigating lands for
mining, manufacturing, domestic and
other public uses, including water
supply for cities, towns, the cOlOniZa-
ton and improvement of lands as
provided for under Chapter IL of the
Laws of New Mexico of 1887, APPROX
ed February "a, 1887, and al Act en-
titled, AN Act to ~hOri the for
nation of companies for the purpose
Of constructing ~irrigating and other
canals, the colonization and improve
ment of lands" and found as a part
of the Compiled Laws of 1897 of the
Territory of e Mexico. Sections
46S to 494, inclusive, and also in COM
pliance with Chapter 70. Laws of
New Mexico, 1905.
Names of lnc~orporators.
The names and postoffice address
of the incorporators and the number
of shares subscribed for by each are
as follows:
George w. Temple, Sunnyside, New
Mexico, 333 shares.
David ]. McCanle, Sunnyside. New
Mexico. 332 shares.
c. d. Bonney, Roswell, New Next
co, 1913 shares.
G. A. Richardson, Roswell, New
Mexico, l share.
leo, l snare.
Which shares of stock are fully paid
by the purchase of property and
with which capital stock the company
will mmen business.
ii.
CORPORATE Name.
The corporate name of said corpo-
ration is, and shall be PENASCO
RESERVOIR & DEVELOPMENT
COMPANY.
Purposes.
The for which said corpo-
ration is formed and the objects for
which it is created and organized
are:
(a). To construct reservoirs and
canals. bitches and pipe lines and
store water.
OBJ. To acquire and hold rignt-of-
ways for bitches, reservoirs, canals
and pipe lines.
(c). To acquire, own, hold M o
vey water. water rights, the uses of
water and water privileges and lands.
Id. To SELL, convey, release and
otherwise dispose of lands, and wa
ter for the irrigation of lands. anu
featuring. min domestic and 9TH
er uses.
Ce). To sell and convey canals,
bitches. pipe lines, reservoirs and
right-of-ways for bitches. reservoirs,
canals and pipe lines.
f). To acquire. mortgage. lease and
develop lands and water.
(g). To develop, improve. hold and
colombo lands and sell the same with
water.
CHI. To survey, plat, lay ont town
sites and dedicate the streets and al
leys thereof to the public and sell
and convey town lots and blocks, or
improve the same and supply and
sell water for the use of towns and
cities and the inhabitants thereof for
domestic, manufacturing and irriga-
ton purposes
Location of Canals and Reservoirs.
The head gate of the principal in
take canal of said company is located
ON the south bank of the Rio Penas-
co in the NEA of Sec. Is, Twp. is
South of Range % East, Eddy coun-
ty, New Mexico, and the reservoir of
said Company is located on Sections
IA, Is, % and % in said Twp. Is
South of Range % East. The main
outlet canal from said reservoir runs
in an easterly direction through the
S5 of Twp. Is South of Range "a
East. its length being about ten
miles.
V.
Capital Stock.
The Capital Stock of said Company
is and shall be 500. 5000 20, to be di-
vided into 1000 shares of $4,000
each. Stock worcestershire.
vi.
Directors.
The number of directors and the
names of those who shall manage
the business of the Company for the
first ear are:
/