The weekly Arizona miner., 1872-08-31
RAILROAD NEWS.
Meeting of Subscribers to the
 Atlantic and Pacific R. R.

m o'clock. in the rooms of the Chamoer oi Commerce, R. c. Sheath in the cnair.
 The Chairman stated that the meeting had heen called to review the Report of the Com- mittee on Organization. Two committees- one appointed by the stockholders, ana ,he other by the Committee of One Hundred- had in unison, made all the necessary ar raneements for incorporation, and had pre- pared all the needful papers. few gentle men of the subscribers had paid in the ten per cent, S70,O00, required by law to be paid up before incorporation could be effected, and Treasurer had been elected, so that all things were ready for the incorporation.
 Articles of Incorporation.
 The Chairman then read the articles of in- corporation, as follows:
 California Atlantic and Pacific Railroad Company.
 We, the undersigned, subscribers to the stock of the railroad hereinafter named, de- siring to be formed into corporation for the nurnose of constructing, owning and main faining such railroad as a connecting link Tn | through line between San Francisco and St. Louis, having subscribed for stock to the amount of at least one thousand dollars per mile; and having actually and in good faith paid in cash, ten per cent. of the amount Of said subscription to -, named and ap- pointed Treasurer by us, the said subscribers, from among our number; and having, at a meeting of said subscribers held for tho pur- pose, after notice of five days, which we acknowledge to have been given personally to each of us by the said Treasurer, elected from among the subscribers hereto to thir- teen Directors hereinafter named, and adop- ted the following articles of association, do now subscribe the same, affixing hereto our names, places of residence, and the number of shares of stock taken by us respectively. Articles of Association of California At
 lantic and Pacific Railroad Company.
 Knop aU Hen by these Presents: That we, whose names are hereunto signed, do hereby associate ourselves to form, with all persons who may from time to time become stock holders in this Company, body polite and corporate, for the purpose of constructing, owning and maintaining Railroad under the laws of the State of California in such case made and provided, by the name of Cal ifornia Atlantic and Pacific Railroad Compa- ny to continue in existente for fifty years from the date hereof
 The amount of the capital stock shall be thirty millions (30, ,0O0, ,000) of dollars, which BOdif Oc diviueU IuTtc tuOuSdIu (300, ,000) shares of one hundred (SlO0) dol lars each; the said amount of capital stock being the actual contemplated cost of con struCting the rUad, together with the cost of the right of way, motive power and every other appurtenance and thing for the compile tion ond running of said road, as nearly as can be estimated by competent engineers.
 The Directors to manage the affairs of the Company, are thirteen in number, and shall hold their office until others are elected.
 The proposed road is to be constructed from a point on the west side of tho Bay of San Francisco. within the city and county of San Francisco, through San Mateo, Santa Clara, Santa Cruz, Monterey, San Luis Obis- DO, Santa Barbara, Los Angeles and San Ber- nardino, to point on the Colorado river, at or near the thirty-fifth parallel of latitude. The length of said Railroad shall be seven hundred miles or whereabouts.
 The Chairman next read the plan of or ganization, which we omit, as not particu- larly interesting to our readers.
 Mir. Caleb T. Fay offered the following res olutions, which, on motion of Mr. Hatch, were unanimously adopted:
 Resolred, That the seventeen hundred sub- scribers to the California Atlantic and Pa ci6c Railroad, in the short space of twenty days, is evidence that the people desire to own and operate great through competing railroad line to the East, through the Atlant- ic and Pacific Railroad, and in their own in terest.
 Resolced, That the policy of the Atlantic and Pacific Railroad Company shall be to fos- ter and protect, and employ home labor in all its branches-the farmer, the mechanic, the laborer, the merchant.
 Resolred, That the alacrity with which the masses respond to the call for subscriptions to this road is source of congratulation, and the distribution of the stock is a solid guarantee of good faith toward the people.
 The meeting then adjourned.
 The same issue of the Call has two col umns of matter concerning the opposition movements on the part of Stanford & Co.,, or the Central Pacific Railroad Company, giv- ing correspondence, etc. showing that said Company is getting alarmed and is willing to compromise, though still showing desire to get more subsidy and privileges.
 The Missouri RspuNicdn of August 10, has this sensible item, on "The route of the At teuttc anu facinc hallrOaQ:"
 As certain parties in San Francisco. in the interest of the Central Pacific R. R.. are at- tempting to misrepresent the character of the route of the Thirty fifth parallel, we pub- fish the following extract from the official re. port to the war department, by E. F. Beale a gentleman entirely disinterested in the matter. and who had travelled over every foot of the distance both in winter and summer
 aWnhout intending to draw invidious compar. isons between the various routes from our West ern border to the Pacific in favor of that by th. Thirty hfth parallel, think can with safety say that none other offers the same facilities for either wagon or railroad. It is the shortest, the beet tlmhered, the best grassed and the best va tered, and certainly in point of grade better than any other hne between the two oceans.
 10 b my firm belief that whatever influence may tend to divert travel from this road at present Ae future will fully sustain the judgment of those who now advocate its elaine"
 h the light of the present these become ysoPestic words. Bya combination of "influ eoees reckiess and selfish in character, this uneesea fo1ts tor . railroad across the conti- asnt wA diaregarded and by congressional G4 . road w.s built through sterile deserts aN1 G0OR-ciad mouufs;r. rr--~--t-- r-