OCR Text |
Show -12- deliver said bonds and each and all of them, for and on behalf of, and as the act and deed of this corporation. That the Title Insurance and Trust Company, a Corporation organized and existing under the laws of the State of California, with its office in the City of Los Angeles, County of Los Angeles, State of California, be selected and chosen as trustee. That this corporation make, execute and deliver to said Title Insurance and Trust Company of Los Angeles, Cal. a deed of trust, dated July 1st, 1900, granting, conveying, assigning and transferring all of the real and personal property belonging to the corporation, and also $62,000. of the total capital stock of $62,500. of the Mexican Company, together with all water, water rights, rights of way, canals, flumes, ditches, reservoirs, pipe lines, pipes, franchises easements, appurtenances, privileges and interests, dredges, machinery and equipment and all other property of every kind and nature whether real or personal now owned or possessed by this corporation. The President and Secretary of this corporation are hereby authorized and directed to execute and deliver said deed of trust to said Trustee, in the name of and on behalf of, and as the act and deed of this corporation." Now Therefor,, This Indenture Witnesseth : That the Company, party of the first part, in consideration of the premises and of one dollar to it in hand paid, at and before the ensealing and delivery of these presents, the receipt of which is hereby acknowledged, and in order to secure the payment of the principal and interest of the bonds aforementioned as the same may become due according to the tenor thereof, to the amount of five hundred thousand dollars, and such interest, to be issued |
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. |