The Parker post., 1912-10-26

operate Tile Sdlue, ana TO make
contracts with any pers o n,
municipal or other corporation,
for the use of such cold storage
plant or plants, buildings or ware
houses, or any part thereof.
To locate, appropriate, claim, di-
vert, purchase or otherwise ac-
quire, water and water rights,
for the purpose of developing
power in the state of Arizona or
elsewhere, and to purchase, lease
or otherwise acquire, construct,
hold, own, control and utilize ca
nails, pipe lines, reservoirs, tanks,
tunnels, bitches, fumes, aqueducts
and pipe lines for conducting,
storing and using water; and
bridges, embankments, excavations
to, across and from any water
course, stream or water way, and
to use such water, so appropria-
ted, collected or stored for the
generation of electricity, and any
and all kinds of power, and for
domestic, mining and manufacture
ing purposes, and for the irriga-
tion of agricultural lands; to SELL
lease, grant or otherwise dispose
of, to individuals and corpora
tiOnS, so much of the water or
water right thus secured pur-
chased, controlled or appropriated
as may not be used by this cor
poration, by special contract or
otherwise.
To purchase or otherwise acquire,
build, construct, hold and operate
and utilize; to sell, mortgage, lease
or otherwise turn to account
power houses, electric, steam and
water plants, telegraph or tele-
phone plants, buildings, works, i'm
provements, machinery, appliances,
equipment and apparatus for the
generation or product of electric
ity, electric current and electri-
CAL mechanical or other forms of
power by means of water, pow
er, steam power or otherwise,
and for the manufacture, produc-
ton and distribution of water.
The foregoing clauses shall be
construed, both as objects and
powers, and it is hereby ex-
pressly provided that the forego-
ing enumeration Of specific pow
ers shall not be held to limit
or restrict in any manner the
powers of the corporation
Article ~.
The corporation, by majority
vote of it's Board of Directors,
shall have the right to borrow
money, and to secure the pay
ment thereof; to execute and de-
liver trust deeds or mortgages
| upon the whole, or any part of
it's property; to make, issue and
sell, pledge, or otherwise dis
pose of checks. drafts. bills of ex-
change, notes, bonds, debentures
and other evidences of indebted
ness of all kinds, whether Sc
cured by mortgage or otherwise,
but only to carry out the pur-
poses OF the company, and to
pledge or sell such bonds or 9TH
er securities as we'll as any
ofh h. Al 1>x1
| it for any of it's purposes, on
such terms and conditions and
such prices as the Board of
Directors shall 'determine to exc
cute and deliver trust deeds or
mortgages, or both. upon the
whole or any part of the plant,
personal and real property, con-
cessions, rights, privileges, incomes,
profits and general assets then
owned or thereafter acquired by
the company, to secure the pay
ment of any Indebtedness of the
corporation, or for the purchase
of property required by it in any
VI Ills UuSIuSSSGS, III the dDSOluC0
discretion of the Board of Di-
rectors. Provided, however, that
the highest amount of Indebtedness
and liability, direct or contin-
gent, to which this corporation
is at any time to be subject
is One Hundred and Sixty six
Thousand Dollars ($166,O00,OO)
Article V.
The amount of the capital
stock of this corporation shall be
Two Hundred and Fifty Thousand
Dollars $3.50. O.O0O.OO) divided into
Ten Thousand QO,OO0) shares of
the par value of Twenty-Five Dol
lars ($25.0O each. Said capital
stock shall be paid for at the
time of subscription, or at such
Othap ti,nn fipnac tbo Do0rI