Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1914-12-31

all kinds and other supplies design
ed or proper for use in the reclama-
! ton and irrigation and cultivation
of lands; to supply power for the
operation Of pumps for irrigation
works or for the supply of water
for domestic, stock or manufacture
ing and other uses and purposes;
to acquire. own and hold. by pur-
chase, exchange or acceptance In
payment or exchange for use of
construction and the furnishing of
machinery. tools. material, supplies
or appliances used in the construc-
ton of irrigation plants; to acquire
by purchase or otherwise, shares.
notes, bonds or other money or pro-
perty obligation or obligations of
other corporations, and sell, barter,
exchange or hypothecate the same
to conduct such business or any
part thereof in this state and in
any other state, territory or country
and finally to do everything needful.
proper and convenient in the ac-
complishment of it's said purposes.
ARTICLE V.
The Capital Stock of this corpora
$500, 000OO) Dollars, divided into
two thousand 10000 shares of One
Hundred (s1O00O) Dollars each
which shall be paid for in cash or
lin property at such times and in
such manner as the Board of Di-
{rectors may designate
All or any portion of the Capital
Stock may be issued in payment for
real or personal property, services or
other right or thing of value for
the uses of the corporation, and
when so issued such stock shall be-
come and be full paid up; and the
Directors shall be the sole judge of
the value of any property, right or
thing, acquired in exchange for or
purchase of the stock of this cor
poration.
No shares of the Capital Stock
shall be issued until fully paid for
and after issue shall forever be non
assessable'
ARTICLE VI
The date of the commencement of
the corporation shall be the date
upon which a Certificate Of Incor-
poration shall be delivered to it by
the Corporation Commission of this
state and shall endure for the pc
Rod of twenty-five years next here
after, reserving the rights of re-
newal thereafter as prescribed by
i law.
ARTICLE VII
The affairs of this corporation
shall be conducted by a Board of
|
bers President, Vice President.
Secretary and Treasurer.
, The following named persons con-
stitute such board and the officers
of this corporation until their sue
{ cessors are chosen and qualified:
John Schrock, ]. R Detweiler,
Eugene Kelly and c. H. Rittenhouse.
and John Schroek shall be President.
]. r. Detweiler shall be Vice Presi-
dent, c. H. Rittenhouse shall be
Secretary and Eugene Kelly, Treas
! urer
majority of such directors shall
constitute a quorum.
The Board of Directors shall he
, elected hereafter annually from
among the stockholders at meet
>,
ing shall be held on the first Mon
day of January in each recurring
, year hereafter.
ARTICLE VIII
The Board of Directors shall have
power to adopt, amend. rescind and
I repeal Bylaws. to appoint The 9TH
er officers of the corporation. to fill
vacancies occurring in the Board of
Directors or in any of the offices
of the corporation and to exercise
such other powers as may be neces-
sary in the transaction of the bust
ness of the corporation.
f ARTICLE TX
The highest amount of indebted
roration may subject itself is One
D Hundred and Thirty Thousand
(s130,00O0O) Dollars.
ARTICLE X
The private property of the stock
holders of the corporation shall he
exempt from liability for its debts
, or obligations.
IN WITNESS WHEREOF. we
, have hereunto set our hands this
; 18th day of December. 1914.
JOHN SCHROCK
, EUGENE KELLY
J. r. DETWEILER
c. H. RITTENHOUSE.
STATE OF ARIZONA.
:, County of Maricopa, SIS.
, Before me, Ethol Frost, Notary
, Public in and for the State and
County aforesaid, on this day per
sonally appeared John Schrock. Eu
gene Kelly, ]. R. Detweiler and c.
, H. Rittenhouse, known to me to be
the persons whose names are sub
, scribed to the foregoing instrument
and acknowledged to me that iney
executed the same for the purposes
: and considerations therein expressed
GIVEN under my hand and seal
of office this 18th day of December,
, A. D. 1914.
, ETHOI, FROST
9 (SeaD Notary Public.
: My commission expires February q,