The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1909-10-29
TERRITORY OF NEW MEXICO
OFFICE OF THE sECRETARV-

Articles of incorporation OF
THE ACME IRRIGATION COMPANY
Nc. 616e.
M also, that | have compared the
following copy of the same, with the
thereof now on file, and de-
clare Ii TO be a correct transcript |
therefron and of the whole thereof.
Given under my and and the Great
Seal of the Territory of
New Mexico. al the City of
(SEAL) Santa Fe. the Capital, on
this 25th day of October.
A. ID. 1909.
NATHAN JAFFA.
Secretary of New Mexico.
Articles of Incorporation
THE ACME IRRIGATION COMPANY
KNOW ALL MEN BY THESE PRES
ENTS:
That we the undersigned owners of
water rights in Tanner & Barnett Ir-
rigation Company. which takes water
from the Felix River on the South
Bank thereof. at the Tanner & Bar
nett Irrigation Company dam located
across said Felix River in the s. w.
II of the 5. w. Il of Section 3 T. Il
6. r. 26 f., and the main canal OF
which run South Easterly three
miles TO the s. w. corner of section
IL, township IA South of Range 26
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:
T.
That the name of said Corporation
shall be THE ACME IRRIGATION
COMPANY"
The location of its principal Office
and its principal place of business
will be at Hagerman. Chaves 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
its powers as such are as follows:
This Corporation snall 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 ave
| power to buy. acquire. own. maintain
construct. control and manage an ir-
| rigating system with it's canals dams,
| bitches. water and water rights. and
to drill. buy. lease and operate arte-
| sian wells and pumping plants. to sell.
| lease and rent wafer. tne use of water
and it's canals. dams and bitches for
| the carriage of water. to sell or rent
water rights and the use of its canals.
/ dams and bitches and 10 take notes
and mortgages on rea estate and
water rights as security therefor.
ID" To discount, sell and assign
| notes and mortgages md other secur1-
ties. to borrow money and to execute
4 a tD-l- 49, -. oa - o. dAn1.
of trust to secure the same and to
hypothScate any securities it may
own and control as securities for
loans. to sell its stock with water
| right Herewith and TO fix the annual
| dues per acre for each water right
under its system and to collect the
same annually OF s~emi-annIally, and
to impose such penalty as may be nee
| ssary 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 n
reconstruct a dam, canal and bitches
| and all other things necessary there
with and thereto and to do all things
necessary to carry out the purposes
of this corporation.
".
| That the amount of capital stock of
| said corporation shall be One Hun
ftred Thousand Dollars and shall be
divided into 1000 shares of the par
value OF fifty dollars Zach and eac
share shall be based n ave for its
unit of value its prorata share of the
whole amoun of water provided by
it's system and the holders thereof
shall he entitled to their pro rata
| share of h whole amount of water
| furnished by the system according to
the number of acre shares owned by
them upon the basis of the amount of
stock issued. and the stock holders
shall by their bylaws fix such amount
| of water to i6e furnished annually for
each share of stock herein. and the
manner and time IL shall be deliver
ed.
| v.
That the amount of paid up capital
stock with which said corporation
shall its business is Eighty
Thousand Dollars.
That the term for which said cor
poration shall 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 OF
said Board OF Directors for the first
| year and who shall serve until their
successors shall be elected and quali-
fed are as follows:
Sam Little. Hagerman. Chaves
County. New Mexico.
J.. ]. Shockley. Hagerman. Chaves
County. New Mexico.
Robert L. Clark. Hagerman, Chaves
ICounty. New Mexico.
J.. l. Mccullough. Hagernan. Chaves
County. New Mexico.