Williams news., 1921-11-18
Incorporation:
 ARTICLE l.


 the incorporators and their res idences and addresses are:
 Milton F. Terrell, of Flagstaff, , Arizona. whose Post Office ad- dress is Flagstaff, Arizona, and Fred w. Mcclure, of Flagstaff ; Arizona, whose Post Office ad- dress is Flagstaff, Arizona.
 ARTICLE II.
 The principal place of bust ness of this corporation shall be at Flagstaff, Ccconino County, State of Arizona, but the Board of Directors may establish oth- CT places of business within or without the State of Arizona, at which place or places all 1ncor- norators', stockholders and d1- rectors' meetings may be held, and all other corporate business may be transacted.
 ARTICLE. III.
 The amount of capital stock of this corporation shall be One Hundred Thousand Dollars (S1OO,OOO.OO) divided into ten thousand shares 100000 of the par value of Ten Dollars (S1O.OO) each, and said capital stock shall be paid up at the date of issuance or at such time as the Board of Directors may designate, in money, labor or other valuable right or thing, and the judgment of the Board of Directors or managing offl- cers as to the value thereof shall be conclusive.
 ARTICLE W.
 The general nature of the business in which this corpor- ation shall engage is as follows, to-wit:
 To supply farmers, stockmen and others thereof with water, and to carry on the business of a water works company in all it's branches, to sink wells and shafts and to make, build and construct, lay down and main tain reservoirs, cisHerns, dams, culverts, filter beds, main and other pipe lines and appliances and to execute and do any and all other work and things ne- cessary or convenient for ob- taining storage, selling. dellV- ering, measuring and dlstrlbut- ing water or otherwise for the purposes of the Company; also to acquire, lease, handle, con- trol or sell letters patent and other inventions used in connec- ton with this Company of any kind or character and in con- nection herewith to borrow money and to execute notes, bonds, mortgages or deeds of trust, to secure the same, and to exercise towards all such bonds. mortgages, notes and other Se-- curities and obligations any and all right, powers and prl- | vileges of individual owners thereof and in general to do any and all things to the busl- ness of storing, distributing and using water in every manner whatsoever, and any and all other things necessary to the proper conduct of the affairs of said corporation as fully to all intents and purposes as natur- al person might or could do. ARI1CLE V.
 The affairs of this corporat- ion shall be conducted by Board of not less than three (3) nor more than seven CD direc- tors, the directors, a President Vice President and a Secretary and Treasurer shall be elected by and from among the stock holders on the first Monday in April of each year. Until their successors are elected and qualified, the following named persons shall be the directors and officers of the company: H. L. Hutchinson. Director, Earnest Burrows, Director, M. F.. Terrell, Director, $. c. Swan son, Director, F. w. Mcclure, Director. M. F. Terrell, Presi- dent, s. G. Swanson, Vice Presi- dent, F. w. Mcclure, Secretary, F. w. Mcclure, Treasurer.
 ARTICLE VI.
 The highest amount of liabil- ity that this corporation shall subject itself to at any one time shall not exceed two-thirds of the capital stock of this corpor- ation.
 ARTICLE VII.