The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1909-11-01

(SEAL) Santa Fee, the Capital, on
this 25th day of October. |
A. d. 1909.
NATHAN JAFFA,
Secretary of New Mexico.
Articles Of Incorporates X,
THE ACME IRRIGATION COMPANY
KNOW ALL MEN BY THESE PRES
ENTS:
That we the undersigned owners of
water rights in Tanner & Barnett lr-
from the Felix River on the South
Bank thereof. al the Tanner & Bar
nett Irrigation Company dam located
across said Felix River in the s. w.
II of the s. w. Il of Section 3 T. IA
s. r. &c E.. and h main canal of
which runs South Easterly three
miles to the s. w. corner of section
IL, township II South Of Range &c
E.. in Chaves County. New Mexico.
have associated ourselves together
for the purpose of forming a Corpor-
alton under the laws of the Territory
of New Mexico. and for that purpose
do agree as follows
I.
That the name of said Corporation
shall be THE ACME IRRIGATION
COMPANY"
The location of it's principal Office
and its principal place of business
will be at Hagerman, HAYES County.
New Mexico and the resident agent
in charge of its Office upon whom Ser
vice of process may be had is Robert
l.. Clark.
That the purposes and objects for
which said corporation is formed and
tic r.nuvlr Nc CtHrh - nc fAllnurC.
This Corporation snail have and here
by adopts all the powers granted ditch
and irrigation corporations under the
laws of the Territory of New Mexico.
"a" This corporation shall have
power to buy. acquire. own, maintain
construct. contro and manage an ir-
rigating system with its canals, dams,
bitches. water n water rights, and
to drill, buy. lease and operate arte-
sian wells and pumping plants. to sell.
| lease and rent water, the use OF water
and its canals, dams and bitches for
The carriage of water, to sell or rent
| waite rights and the use of its canals,
| iams and bitches and to take notes
and mortgages oil real estate and
water rights as security therefor.
ID" To discount, sell IN assign
| notes n mortgages and other Securf-
| les, to borrow money and to execute
notes. bonds and mortgages or deeds
| Of trust to secure the same and to
! hypothecate any securities ii may
own and control as securities for
loans. to sell its stock with water
right Herewith and TO fix the annual
1ues per acre for each water right
under dts system and to collect the
same annually or semi-annually. and
10 impose such penalty as may be nec
essary to produce prompt payment of
such annual or -semi-annual charge
for service in carrying water and
measuring the same to the different
stockholders and water users, and
C To buy, own or acquire a water
| right or water system for irrigation
and to build. construct or rebuild and
reconstruct a dam, canal N ditches
and all other things necessary there
with and thereto and to do all things
necessary TO carry out the purposes
of this corporation.
w.
That the amount of capital stock of
| said corporation shall be One Hun
dred Thousand Dollars and shall be
divided into 1000 shares of the par
value of fifty dollars each and each
share sha be based and have for its
unit of value its prorata share of the
whole amount of water provided by
it's system and the holders thereof
shall he entitled to their pro rata
share of the whole amount of water
furnished by the system according to
the numbe of acre shares owned by
them upon the basis of the amount of
stock issued. and the stock holders
| shall by their bylaws fix sue amount
of water to he furnished annually for
each share of stock herein. and the
| manner and time ii shall be deliver
|, ed.
V.
That the o of paid up capital
| stock with which said corporation
| shall commence its business is Eighty
Thousand Dollars.
VI.
That the term for which said cor
poration hall exist is Fifty years
from the date of the completion of
the said corporation.
VII.
That the Board of Directors shall
consist of five members and that the
names and places or residences o.
aid Board of Directors for the first
| wear and who shall serve until their
successors shall be elected and quail
fed are as follows:
Sam Little. Hagerman, Chaves
County. New Mexico.
j. i. Shockley. Hagerman. Chaves
County. New Mexico.
Robert l.. Clark. Hagerman. Chaves
County. New Mexico.
J.. I. Mccullough. Hager7nan. Chaves
Albert Hanny. Roswell. Caaves
County. New Mexico.
VIII.
That the names and post Office al
dresses of the i-ncorporators and the
lumber of shares subscribed by each
are as follows:
J. l. Mccullough. Hagerman. N. NJ.