Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1915-01-01
PAGE FIVE


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 necdfuI,
proper and convenient in the ac-
complishment of its said purposes
ARTICLE V.
. The Capital Stock of this corpora
ton shall be Two Hundred Thousand
| $500, 100000 Dollars. divided into
two thousand (2O0O) shares of one
| Hundred G100,0O) Dollars each.
which shall be paid for in cash or
lin property at such times and in
such manner as the Board of Di-
rcctors 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
| n Of tlna a
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,
ard after issue shall forever be non
asscssable.
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, reserring the rights of re-
newal thereafter as prescribed by
law.
ARTICLE VII.
The affairs of this corporation
shall be conducted by a Board of
Directors to consist of four mem
hers, 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. j. r. Detwciler,
Eugene Kelly and c. II. Rittenhousc.
and John Schrock shall be President.
]. r. Detweiler shall be Vice Presi-
dent, c. II. Rittcnhouse shall be
Secretary and Eugene Kelly, Treas
urer.
A majority of such directors shall
constitute a quorum.
The Board Of Directors shall be
, elected hereafter annually from
among the stockholders at a meet
, ing of the stockholders, which 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 ;he 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 ncccs-
sary in the transaction of the bust
ness Of the corporation.
ARTICLE IX, 4
The highest amount of indebted
ness or liability to which the cor
;, poration may subject itself is One
a Hundred and Thirty Thousand
(s13o, O00.00) Dollars.
ARTICLE y.
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 hcreunto set our hands this
:, 18th day of December. 1914.
JOHN SCHROCK
EUGENE. KELLY
J. r. DETWEILEH
C. II. RlTTENiIOtSE.
= STATE OF ARIZONA,
: County of Maricopa, SIS.
Before me, Ethel Frost. a Notary
= Public in and for the State and
t. County aforesaid. on this day per
:. sonally appeared John Schrock, En-
. gene Kelly. j. r. Detwcilcr and G.
= H. Rittenhouse, known to me to he
:. the persons whose names are sub
/. scribed to the foregoing instrument
= and acknowledged TO me thse thcy
. executed the same for the purpose
4. and considerations therein expressed
GIVEN under my hand and seal
!, Of office this 18th day Of December
. A. d. 1914.
', ETHOL FROST.
'. (SeaD Notary Public.
>. My commission expires February -