The copper era., 1909-03-18
ARTICLES OF INCORPORATION
ARIZONA POWER AND WATER
 COMPANY.

Know All Men by These Presents: That we, the undersigned Delbert M. Potter and Geo Reed, have this day associated ourselves to- gether for the purpose of forming a 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 Il. The principal place for transact ing the business of this corporation shall be at Clifton, Arizona. And said corporation may keepprincpal offices and places of business at such other places as the board of directors may establish at which place or places all incorpor- atcrs, stockholders and directors meetings may be held, and all corporate business may be transacted.
 Article III. The amount of the capital stock of this corporation shall be One Million Five Hundred Thousand Dollars (S1, SOC, coo OO) which shall be divided into Three Hundred Thousand (SOO OOO) shares of the par value of S5 each, and said capital stock shall be paid up at the date of the issuance or at such time as the board of directors may designate, in money property, labor or any other valuable right of thing and the judgment of the board of directors or man. aging officers as to the value thereof shall be conclusive.
 Article " The general nature of the busi- ness that this corporation shall engage in isas follows, to-wit The generating of electricity, by water other power and supplying same for power, light heat and all purposes to which same may be applied.
 Supplying water for domestic purposes for cities, towns and in general for all purposes, acquiring of lands for dam and 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 dams and | 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 the capital l stock of other corporations, and for other prop l erty rights and franchises to borrow money and to bond hypothecste, mortgage, pledge, cX change, convey or otherwise dispose of or deal in or with any all of the property real Ol personal and shares of the capital stock of thi: l corporation in-the United States or any part O. l tn e world.
 Article V The affairs of this corporation shall be conducted by board of directors who shall be elected on the 10th day of January ol each year as the bylaws shall provide.
 Article VI The highest amount of indebt edness or liability that this corporation Shal be subject to at any one time shall not exceed Seventy-hye Thousand Dollars (S75,OOO CO.,
 Article VII This corporation is formed t are duly executed. but it's charter rights may b, | renewed from time to time for periods not eX ceeding twenty-five years at time perpetually
 Article VIII. The private property of thu stockholders or this corporation shall be and + hereby made forever exempt from all liability | for it's debts or obligations.
 Article TX. The capital stock of this cOrpOr alton shall be and is hereby made forever non | asseSsable by tnSS corporation for any purpose
 In witness whereof we have hereunto set ou hands and seals, this Slst day of December | A. D. 1908. DELBERT NJ. POTTERC
 GEORGE F. REED