The copper era., 1909-02-04
ARTICLES OF INCORPORATION
 OF ARIZONA POWER AND WATER COMPANY.

Know All Men by These Presents: That we, the undersigned. Delbert M. Potter and Geo F Reed, have this day associated ourselves to- gether for the purpose of forming corporation under the law of Arizona, and for that purpose do adopt the following charter:
 Article I. The name of the corporation shall be Arizona Power and Water Company.
 Article II. The principal place for transact ing the business of this corporation shall be at Clifton, Arizona. And sand corporation may keep principal Ofhccs and places of business at such other places as the board of directors may establish at which place or places all imcnrpor- atcrs, stockholders and directors meetings may be held. and all corporate busi-esS may be transacted.
 Article III The amount Of the capital stock of this corporation shall be One Million Five Hundred Thousand ,llars (s1 800 coo OO) which shall be divided into Three Hundred Thousand (3OO OOO) shares of the pIr value of 8 each, and said capital stock shali be paid up at the date of the issuance or at such time as the board of directors may designate, in money, property, labor any other valuable right of thing and the judgment of the board of directors or man. aging officers to the value thereof shall be conclusive.
 Article ". The general natu of the busi- ness that this corporation shall engage in is as follows, tn-wt: The generating of electricity. by water or other power and supplying same for power, light, heat aud all purposes to which same may be applied.
 Supplying water for domestic purposes for cities. towns and in general for all purpo>cs acquiring of lands for dam aud reservoir sites, for pipe lines. telegraph lines. telephone lines, power lines, and for all uses that may be re- quired in the conduct of any and all business of this corporation. The building of GHmS amt reservoirs on the San Francisco river and other rivers and streams in Arizona.
 To sell and exchange the capital stock of this corporation or any part thereof for thc capita stock of other corporations and for other prop erty rights and franchises tO borrow money and to bond. hypothecatc. mortgage, pledge, eX- change. convey or otherwise dispose of or deal in or with any or all of the property, real or corporation in the United States any part of th e world.
 Article V. The aftirs of this corporation shall be coudurted n, d board of ,lir,-t tors who shall be elected on the 10th day of January of each year aS the liy laws shall provide
 Article VI The highest amount of indeht- edneSS or liability that this corporation shall be subject tn "t any one time shall mt exceed Scvcniy-hv" ThouSnnd Dollars (Si5, 700. OOl.
 Art cle VII | his cOTpuratinu is formed tO endure for twenty five years after it's A rtic les are duly eXcru'e ei but it> charter rights may be renewed from lime t0 lime for periods not eX- ceeding twrhtY-tiv" yenrS at a time perpeiually.
 Article VI ]. The private property of inc stockholders of this corporation shall be and is hereby made forever exempt from all liability for it's dchtS or obligations.
 Arti le IA. Th" capital stock of this cOrpOr- ation shall be and k hereby made forever non assesSable by this corporation for any purpose.
 In witness whereof we have her.untO set UT hands and seals, this 3lSt day of December. A. D. l9 s. DELBERT NJ. POTTER
 GEORGE F. REED