Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1918-12-09

ARTICLES OF INCORPORATION
OF
GILA LAND, WATER AND CATTLE
COMPANY
KNOW ALL MEN By THESE PRES
ENTS:
That we, the undersigned persons,
do hereby associate ourselves together
for the purpose of forming corpora
ton under the laws of the State of
and declare the following Articles of
Incorporation, TO wit
The name of the corporation shall
be ''GILA LAND, WATER AND CAT
TILE COMPANY" and the principal
place of business in Phoenix, Arizona.
The names of the incorporators are
Hugh S. Maxwell, whose postoffice ad-
dress is Phoenix, Arizona; Charles W.
Smith, whose postoffice address is
Phoenix, Arizona; T. Louis thinner
man, whose postoffice address is Phoe-
nix, Arizona.
The general nature of the business
proposed to be transacted by this cor
poration shall be. as follows. to-wit:
To raise, rent, buy. sell, market feed
and hypothecate livestock. towit;
horses, cattle, mules, sheep. goats.
cows, calves, and to engage in trade
of every and all live stock.
To farm. lease, rent, trade, buy. sell
and hypothecate real estate, and to
operate diaries and maintain the same.
To buy, sell, produce, raise, trade.
exchange and market farm products of
whatsoever nature necessary for the
maintenance, operation and promotion
of the general objects of this corpora
ton.
To build, equip and install pumping
plants and to develope water supplies
for irrigation purposes and for such
other purposes as will tend to promote
the general objects of this corporation.
To construct, maintain and operate
canals and irrigation bitches and nee
essary laterals in order TO promote and
carry out the general intentS and well
fare of this corporation.
To SELL rent and lease irrigation
water developed by this corporation
and TO maintain pumping systems for
that purpose.
The authorized capital stock of this
corporation is Two Hundred Fifty
Thousand Dollars, divided into Twenty
five thousand shares of the par value
of Ten Dollars each.
80
The affairs of this corporation shall
be conducted by a board of three di-
rectors and not more than seven, and
Hugh S. Maxwell. Charles W. Smith
and F. Louis Zimmerman, shall hereby
constitute the first board of directors
of this corporation, and they shall hold
office until their SUCCESSORS are elected
and qualified.
The annual meeting of the stock
holders shall be on the first Monday in
January, and there shall be an annual
| meeting of the stockholders on the first
| Monday in January in each year there
| after for the election of board of di-
| rectors and the transaction of such
| other business as may properly come
| before such meeting. All vacancies
occurring in said board of directors
may be filled by the remaining mem
bers thereof. even though the same bt
less than a majority.
%
The time of the commencement ant
termination of this corporation shall
be rs follows. to wit; the time of com
mencement shall be the date of the is
suance to it of a certificate of incor
poration by the Arizona Corporation
Commission, and the termination
thereof twenty five years thereafter.
80
The highest amount of Indebtedness
or liability to which the corporation i
at any time to subject itself is On
Hundred sixty thousand, six hundre,
and sixty-six & 7-100 Dollars (s166.
666.6O, and the debts contracted or at
tempted to be contracted in excess o
the said sum shall be void.
(s)
The private property of the stock
holders of this corporation shall b
forever exempt from its corporal
debts.
T. Louis Zimmerman, d bona fid