Arizona republican., 1892-12-22
Dr. Ancil Martin, diseases eye, ear nose throat especially. Glasses fitted Articles of Incorporation
 OF THE Phoenix, Mt Olive { Mesa Railway
 Company.

 We, Thos. w. Hine. Benjamin E Lower, Bert Spencer, Warwick Scott and Charles V Barr, the undersigned, being subscribers to the stock of the contemplated railway hereinafter named, and being desirous to incorporate for the purpose Of constructing. owning, msintain- ing and operating said railway under the pro visions of chapter five, of title XII. Of the Re- vised Statutes Of the Territory of Arizona, and stock to the amount of at least one thousand dollars per mile of said contemplated railway having been subscribed, and at least Ave days notice of the proposed adoption of articles of association having been given to eact one ofthe subscribers to said stock, do hereby adopt the following articles of incorporation:
 ARrIctE I.
 The name of this corporation shall be the Phenix, Mt Olive Mesa Railway company, and its principal office for the transaction of business shall be st the City of Phoenix, in the County of Nsricopa, and Territory Of Arizona, and iis duration shall be fifty years from the date of the filing of these articles of incor. ,poration in the ofice of the secretary of the Territery of Arizona.
 ARTICLE II.
 The capital stock of this corporation shall be one and one.helf million dollars, the same be. ing the actual contemplated cost of construct ing the said railway. together with the cost of the right of way, motive power. equipment and necessary appurtenances for the completion and operation of said railway, according to the estimates of competent engineers, which said capital stock shall be divided into fifteen thou. sand shares of the par value of one hundred dollars each, and the same shall be paid in at such times as the board of directors may deter mine, not exceeding ten per cent of the same per month
 ARTICLE IYI.
 The places from end tJ which the said pro- posed railway Is to be constructed are as fol- lows, viz Beginning at some convenient point or points within or near the City Of Ph@- nix. and running through, by or around the the said City of Phoenix, to some point or points in or near the town of Mesa; all of said points and the route of said proposed railway being within the County Of Maricopa and Territory of Arizona, and comprisng length or dis iance of about twenty miles,
 ARTICLE "
 The business and aG .irs of this corporation shall be conducted by board of five directors, who shall be elected by the stockholders Of the corporation at the times and in the manner provided by the bylaws ofthe corporation, and shall hold their office for one year, aud until their successors are elected and ialifed, and until the first annual election of said directors, the incorporatoIs. viz: Thomas W Hine, Benjamin E. Lower, Bert Spencer, Warwick Scott and Charles " Barr, shall be the direct ors ofthis eorporat. Il.
 ARTICLE V.
 The officers of this eorDorAtion shall be a president. vice e-president, tecfetary and treas urer, who shall be elected by the board of di- rectors from among their umber, and shall hold their offices for one year, aud until their successors are elected and qualified
 ARTICLE vL
 The highest amount of inde btedness to which this corporation is at any time to sub iect itself is the sun of one million dollars
 ARTICLE VII.
 The stockholders of this corporation and their private property shall be exempt from the debts of the corporation.
 ARTICLE VIII.
 These articles of incorporation may be amended at any time by vote of two thirds of its stock, or by vote of three fourths of it's directors, at any general or special meeting called for that purpose, in any manner nos in consistent with the general incor poration laws of this territory.