OCR Text |
Show [130] and acquire the rights that other persons may have by virtue of colonization contracts,-Whether those have been obtained by previous contracts, or those which may be obtained by future ones, and to carry out said contracts. In connection with the aforesaid the Company may build, buy, exchange, or in any other way acquire, sell, or by any other manner contract to sell or lease living houses or other buildings. To give employment, materials and funds for that purpose. To build and furnish in the lands under the control of the Company railroads and other means of transportation, telegraph and telephone service and other means of communication. The erection of power houses for lighting, hydraulic works or manufactures of all kinds propelled by steam, gas or electricity. To acquire by any legal means the whole or part of the capital stock, shares, obligations and securities of any other Companies organized for the same purpose as this Company. To divide the lands in lots and to execute all the acts and carry out all the business which would be required or incidental to the objects of this corporation. The Company to carry out the aforesaid may contract loans, securing the payment of principals and interests with the mortgage of all its real estate or by the issuance of mortgagable bonds. Third: The principal place of business of the Company shall be Los Algadones, in the jurisdiction of Ense-nada, Northern District of the Territory of Lower California. Fourth : The term for which this corporation is organized shall be of fifty years from this date. Fifth : The Capital Stock of this Company shall be in the sum of $62,500.00, represented by 12,500 shares of stock of the value of $5.00 per share. |
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] : |