Williams news., 1921-11-25
dress is Flagstaff, Arizona.
 ARTICLE II.

at Flagstaff, Ccconino County State of Arizona, but the Board | of Directors may establish oth-
 CT places of business within ol l without the State of Arizona, al I which place or places all incor- l porators' stockholders and al
 rectors' meetings may be held, and all other corporate business l 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
 ($1O.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 offi- 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 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, cisterns, 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 distribut- ing water or otherwise for the of the Company; also to acquire, lease, handle, con- trol or sell letters patent and other inventions used in connec- | jon with this Company of any kind or character and in con- | 1ection herewith to borrow money and to execute notes, ponds, mortgages or deeds of rust, to secure the same, and to exercise towards all such bonds, notes and other se- .urities and obligations any md all right, powers and pri- ,ileges of individual owners hereof, and in general to do my and all things to the busi- less of storing, distributing and i Ising water in every manner and any and all 'ther things necessary to the proper conduct of the affairs of aid corporation as fully to all ntents and purposes as a natur- l person might or could do.
 ARTICLE V.
 The affairs of this corporat- on shall be conducted by a ,oard of not less than three (3) fl or more than seven CD direc- DTS, the directors, a President Tee President and a Secretary nd Treasurer shall be elected y and from among the stock k elders on the first Monday in pIll OI C@SII Cd1. OiCA1 1eir successors are elected and uaIified, the following named ersons shall be the directors E nd officers of the company: 2 [. L. Hutchinson. Director, Burrows, Director, M. Terrell, Director. $. G. Swan ,n, Director, F. w. Mcclure, B irector. M. F. Terrell, Presi- ent, S. G. Swanson, Vice Presi- z ent, F. w. Mcclure, Secretary,
 w. Mcclure, Treasurer.
 ARTICLE VI.
 The highest amount of Habil- that this corporation shall bject itself to at any one time lall not exceed two-thirds of e capital stock of this corpor- | ion.
 ARTICLE VII.
 This corporation is formed to Idure twenty-five (25) years ter it's Articles are duly exc ted, but it's charter rights may renewed before it's charter E pires from time to time, for s riOdS not exceeding twenty -e (25) years at a time per ' tually.
 ARTICLE VIII.
 k, 4 l.