OCR Text |
Show 74. the leoatioa within said district af the land upon which say of such stock is located and regardless of whether or not water is distributed or delivered by gravity flow or by pumping, aad Ml* water shall be distributed and sold upon and to only suoh of said lands upon which stock of the corporation shall have been located; provided, always, that such stock shall be located only upon land owned by, or the ownership of which is claimed by the person de-slrlag to purchase said stock: and, provided, also, that when stock of the oorporation is located upon a tract of land, one share shall bo issued and so looatod for each acre thereof; to purohase, lease and otherwise acquire, and to hold, use and aam« hypothocate and mortgage all such real and personal property aa may be necessary or ooaraniont far oarzjlns oat or ooaaaatiag tio buslnoss or purposos of said oorporatiani to borrow aaaa/ and give such securlties for tho repayment of tho same aa may be nec essaary or oonvenient for the profitable management of tho busin-osa of tho corporation; to issue stoak of tha Corporation and sell tho sane, or to authorize tha solo of tho same and tho application of tho proeoodo tharasf to any af tho lodtimato parpooas of this corporation, including tho parohaao af aatar9amtor rljhte and Irrigation myutmm, and tha construction af canals, aqueducts, dltchos, flumes and other water works; to purchase, o» othandao aoquiree and to hare, own, hold, use, and to build, construct and naintaln dans, lorees and dyke* for tho reolanatloa of land subject to orerflow of waterj To do any and all other acts and things naoesaary, doair-ftblo or oonroniont, in or in oonnootion with tho niaiatniniriCi. operating, or carrying on of any and all of tha hnsiaoos of tha oar* soratlon; That tho said lands upon whioh said water aagr bo uaad, aad ipon whioh said atook may be looatod, are particularly desrib-ed aa follows, to-wit: |
Source |
Original book: [State of Arizona, complainant v. State of California, Palo Verde Irrigation District, Coachella Valley County Water District, Metropolitan Water District of Southern California, City of Los Angeles, California, City of San Diego, California, and County of San Diego, California, defendants, United States of America, State of Nevada, State of New Mexico, State of Utah, interveners] : California exhibits. |