Mohave County miner., 1909-10-09
AMENDED ARTICLES OF INCORPORATION
 OF THE MESQUITE IRRIGATION CON-
 PANY hereafter to be known as the Virgin River Irrigation Con-
 pdny.

pdn>.
 KNOW ALL MEN BY THESE PRESENTS: That at special meeting of the Stockholders of the Mesquite Irrigation Company; corporation, regularly and legally called and held at the of flee of said company. at the town of Mesquite, Lincoln County, Nevada, at o'clock p. m. on the lst day of July, A. D 1909, and more than a majority (3-4) of the subscribed and outStand- ing capital stock of said corporation being pres ent and legally represented and voting affirm atively therefor, it was determined to amend the articles or certificate Of incorporation of said corporation. which was heretofore to wit | on the 29th day of December, A. D. 19O6 filed in the office of the County Recorder of the County amended articles, as hereinafter set forth were read duly considered snG adopted by the said stockholders ot said corporation | Now, therefore, these Amended Articles of | Incorporation witness
 tIRsT: That the name of said corporation. in lieu of its former name. "MEsQUITE IRRI | CATION COMPANY" is and shall hereafter be | VIRGIN RIVER IRRIGATION COMPANY
 | The principal place of business of said cor poratlon is Mesquite, Lincoln County, Nevada, | but it may have branch offices and hold Direc. | tors ana Stockholders meetings at other places in Nev; da or Arizona.
 SECOND: The general nature of the business proposed to be transacted by this corporation is as follows, to-wit: The acquisition by ap- propriation, purchase, lease or otherwise of water and water rights the establishment con. struction, opei ation and manufacture of p wer
 
 and systems. and any and all other mea and convenieuces Tor the diverting and hand ng of water for irrigation, powe domestic an stock purposes the acquisition by purchase. lease or otherwise of such real estate, buildings. ma chinery, etc as may be necessary for the con- duct of its business, and to do any and all other things that natural person, an asSoca tion ot natural persons would or could law fully do, whether the same be specifically mentioned herein or not.
 THIRD: The authorized amount of capital stock Of this cOrDOratiOn fin lien n itS capitalization of Ten Thousand dollars tSlO,- OOO.OO shall be and is One Hundred and Fifty Thousand Dollars Sl50,0O000l, divided into Seven Thousand Five Hundred C7.5OO, shares of the par value of Twenty Dollars (S2O OO each. This company having based its former issuance of stock upon the basis of one share of stock for each acre of land which it's sub- scribers had cultivated or irrigated under. or with water from the Mesquite Irrigation Canal. therefor, for each share of said original issue or stock, the owner thereof shall upon Surren derng to this company said stock so subscribed or owned by him, as shown by the books of this company, be entitled to, and have issued to him in lieu thereof a corresponding share of stock, as valued under these Amended Arncles. provided he has. or does first give to this com. pany good and sufficient quit claim deed to all his right title and interest in and to the Mesquite dam, canal, it's lateralS and the wa ter thereof; the said capital stock in excess of the amount required to redeem said original issue, may be subscribed and paid for in the following m amer to wit
 Any owner of land now cultivated under either the Bunkerville or Mesquite canals (and for which there not n'w stock held in this company under ts original isS"" ''' II be per. mitted to subsc ibe for as many shares of said capital stock as he has acres of land so culti. vated, aud fully pay for the same by givlng to this company good and sufficient quit claim deed for all his right title and interest in and to the Bunkerville and Mesquite dams, canals, their laterals and the W lters thereof or flowing therein: and for each acre of land susceptible of cultivation or irrigation under the said Bun- kerville and Mesquite canals, and not now cnl t1vated the owners thereof may be permitted to subscribe for one share of the capital stock of this company and pay for the same in such manner and upon such terms the Board of Directors may determine.
 FOURTH: The time when these amended articles of incorporation shall take effect and become operative shall be the date of the fling Of certified copy thereof. as by law provided. and the termination thereof shall be twenty five years thereafter. with privilege of renewal as provided by law
 FIFTH: The water now owned by said cor poration by virtue of it's rights. N" that it may hereafter acquire in ald to the Bunkerville and Mesquite canals, and the waters thereof, shall be distributed to it's stockholders in the following manner: The said company shall pay to the owner of each share of sad stock quan. tity of water equal in the aggregate to con tinuOus flow of not less than three-fourths 6 4 miners inch per share
 SIXTH: The said waters paid out as dividends on each and every share of stock as aforesaid, | may be either paid in continuous stream, or be cumulated and paid periodically. may be determined by the Board of Directors to be the best and most economical method of distribu- | tiOn.
 SEVENTH: Sald dividends shall be fully paid when the waters Of which they consist shall be turned into the private ditcheS water ways of the stockholders at the point where said pri | vate ditches or water ways now, or may here. | after, interSect the canals ditch"s, or water ways of said company. said points of lntersec. ton and distribution to be designated by said company.
 EIGHTH: The affairs of this corporation shall be conducted by Board of five directors, and the following named: Franklin l. Leavitt, | Lewis Pusipher. J w. Sylvester. Isaac Bur. gess, Arthur Bunker shall continue as the Board of Directors until their successors are
 The first meeting hereafter for the election of directors shall be on the second Monday of October, 1909, and thereafter the annual stock. holders meeting shall be held on the second Monday of October of each year.
 Said Board of Directors shall have power to borrow money and to execute and deliver sat | lsfactory security therefor, pr ovided. however, that at no time shall they borrow any sum or sums, which in the aggregate shall exceed the | sum of Five Thousand Dollars ts5,OOO CO.,.
 The officers of said corporation until their successors are elected shall be
 FRANKLIN s: I.EAyITT. President.
 LEWIS PUI.SIPHER. Vice President,
 ARTHUR BUNKER, Secretary.
 ARTHUR BUNKER. Treasurer.
 NISTU: The highest amount of indebtedness | or liability. direct or contingent to which this corporation is at any time subject, shall be | Sl0O, 900 CO., which amount does not exceed two | thirds the amount of capital stock.
 TENTH: The capital stock of this company | shall be subject to assessment for the purpose | of paying it's debts and liabilities.
 ELEvENTH: Said corporation shall not sell | or issue any share of it's capital stock unless it shall first have Fur chased or acquired perma | nent water right or rights equal to the dividend | paid or to be paid on each share of said stock
 TWELFTH: The private property of the | stockholders of this corporation shall be ex empt from corporate debts of any kind whatSo