Arizona republican., 1892-12-24
Dr. Ancii 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, Bort Spencer, Warwick Scott and Charles " Barr the undersigned, being subscribers to the stock of the contemplated railway hereinafter named, and being desiroGs to incorporate for the purpose Of constructing, owning, mVintain- 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 beer subscribed, and at least five days, notice of the proposed adoption of articles of association having been given to eacL one of the subscribers to faid stock, do hereby adopt the following articles of interpretations:
 AkIIcLE l.
 The name of this corporation shall be the Phgnix, Mt Olive & Mesa Railway company. and its principal office for the transaction of business shall be at the City of Phoenix, in the County of Maricopa, and Territory of Arizona. and it's duration shall be fifty years from the date of the filing of these articles of incor. poration fin the office of the secretary of the TerritCry of Arizona
 ARTICLE 1T.
 The cap tal stock Of this corporation shall be one and one half 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 oae hundred dollars each, and the same shall be paid in Al such times as the board of directors may deter. mine, not exceeding ten per cent of the same per month.
 ARTI LIZ III.
 The places from and to 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 Php. 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 Msricops and Territory of Arizona, and comprising length or dis. tance of about twenty five miles.
 SRr.SLE "
 The business and al tirs 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 of the corporation. and shall hold their office for one year. and until their successors are elected and q Islifed, and until the first annual election of said directors, the incorporstoIs, viz.: Thomas W Hine, Benjamin E Lower Bert Spencer Warwick Scott and Charles V. Barr shall be the direct. ors this corpDrati n.
 ARTICLE V.
 The officers of this corporation shall be president, vice president, secretary and treas urer, who shall be elected by the board Of d. rectors from among their number, and shall hOlt their offices for one year, and until their successors are cleo ted and qualified.
 ARTI LE VI.
 The highest amount of inde bteduess to which this corporation is at any time to sub ject itself is the sum 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 incorp )ration may be amended at any time by vou of two .thirisOi its stock, or by a vote of three fourths Of is directors, at any general or special meeting called for that purpose, in any manner nOI in. consistent with the general incor porstion laws of this territory.