The Coconino weekly sun., 1895-04-04
ARTICLES OF INC0 10 ATI0N The Durango, Fla ystaff 6 San
 Diego Railroad Company.

toconno County, Arizona, have thls day voluntarily associated ourselves together for th" purpose of furming a corporation under the laws of the Territory of Arlzona now eX- isting and In force, and we do hereby make, publish. adopt and ecare the following to De the Articles of Incorporation of the com pany above Lamed.
 T.
 The name of said corporation shail be The Durango, Flagstaff & san. Diego Railroad Company" The names of the incorporaiors of the said company ar': D. NJ. Riornn. aMf, Ravid Ba nM 'n,'I IYhR W. Francis Wilson of the Town of Flagstaff. The prncipal place of transacting the business of the said company, and the place where its principal offices are to be located, is Flagstaff, Coco nino County, Arizona;
 The general nature of the busi' ess pro- posed to be transacted by the sad company Is the construction of railroad from lhe City of Durango, state of Colorado, by the most practical route To the Town of Flagstaff, m the Territory. of Arizona; thence by inc way of Phoenix. in Maricopa County, Arizona rerritory, and Yuma, in Yuma county. Arizona Territory, to the terminal point of such railroad, which Is and shall be the City of san Diego, State of California, and to mainta n. improve, operate and ma age the same together with all it's branches, spurs, switches sldetracks, buildings rights or way, and all telegraph lines thcrrunto ap- pei itllnng or In any manner belonging dur Ing the D 'riod for which this company is in- corportt d; to make contracts of whatever nature, 'uulfe real ana personal property. and dispose of the same, 10 purchase or other wise acquire any and all real or personal prope ty whatever; or any property neces >ary for the construction, completion and maintenance of such railroad, and to hold and convey such property at pleasure; to erect atl necessary buildings, depOts, sta tions, section houses, tool houses, store houses, warehouses. and any and all other necessary buildings; to lay off and establish yards, aud to equip them with all necessary appurtenances; and to do aud perform any and all other nets, and To have I .,. any and all other privileges relating to tn, construction operation and maintenance Oi the railroad line above mentioned; 10 build. operate, construct and maintain a branch line from said railroad to the Grand Canyon of the Colorado river; said branch to be bull, from such point on the main line as may he determined by the proper officers of the com pany; to be capable of suing and of ben- sued, to have a corporate seal. and to altcI the same at pleasure; to acquire, in any law ful manner, franchises, charters. rlghts-of- way. grants privileges and concessions. ;Is well from the United States and the Territory of Arizona, as from any person, firm or COZ pOra'iOn therein. and from any of the state and te 'riiories through which the sad rail road shall pass or in which the said com pany shall transact any business tO c>tablisI and mainta II such branch offices and at such places aS may be determined upon; and gen orally to possess and exercise all the power and privileges that private individuals anC natural persons now enjoy.
 The period for which the said conp1ny -hall continue in existence shall b. hfti years from the date of filing these Articles O tHcu pura on in the office of the Secretary O the Territory of Arizona.
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 The capital stock uf this company shall b he amount winch it Is con emplated In, building of the road herein specified vii
 actually cost, viz: hirty Million SjlUDDJIO Dollars. divided into Three Hundred Thou sand t3JO.0O shares. of the par value of Onr uundrt q (slU0.OO, Dollars each The cost s, estimated includes, together with the CN. pense of construction. ihe cost of the righ, of-way. motive p Mer, and every ether ap purtenunce and thing for the comp etiOn au, running of Inc said road. as nearly as can D, determined by compriGGnt engineers.
 The number of the Directors of the sal, road shall be Five 5 and ihr names Of suri Directors. who shall manage the affairs of lh, company, and hold their offices until thcI. qualified, as provided by tlie by-laws of ih said company, are ID. M. RiOrdan. David BaU bltt' John W. Francis, Wilson Hamiltun anL J. k. Fitzpatrick.
 The Initial point of the ra lroad proposed 10 be constructed by this company Is and shaB be Durango. La Plata County, State of IClo, rado, and the terminus thereof is and shall be san Diego in san Diego County. Siafc ui Cal .fOrnia. The counties through whicI said proposed road win pass are La Plata ant County, in New Mexico, san Juan County. il Utah, Apache, COcOnnO, GavHpai MaricOp and Yuma Counties. in Arizona. and sir Diego County, state of California. Th length of the road. from its initial to its ter. mlnal point, as nearly as may be- is Seven Hundred IiUO, miles, aud add .IOnal mileage for such branch lines as may be constructed in connection there%!th.
 The officers of the company, in addition ti the Board Of Dire tors herelnDefure provided Tor. shall be a President, Nice-President Secretary and Treasurer, each of which saiG officers shall be members Of the Board of Di | recioas. Such officers shall be elected by th, Directors upon the organization of sucl Board, and such organization must be cfiCcjcC | within five 0 days after such Directors ar chosen. notice of the election of which Dirrc tors shall be served by a committee chosen hy the subscribers to the capital stock of tht | corpOratiOn Said committee shall be chOsct by the subscribers as soon as stock tu ihe | amount of One Thousand iS1.000l Dollars fer each and every mile of the proposed ruilrCa | shall have been subscribed. The Board uI Directors may also appoint such orhar officers whether members ol the Board of sDlrec ,ors Qr'n9t. asthey may deem expedient
 The Board of DiEectDts shall open books of subscription to the capital stock at such | times and in such pieces. and upon such l terms as they may direct, and due notice oi such action shall be given but no suDscrip- | ton Of stock, except the original, shall De | binding upon the, company, or the parties so subs"r biDS, until the same shall have been | accepted md approved by resolution of the Board Of Directors
 IN
 There shall be, after the first election of | Direct Irs as hereinbefore provided. annual | meetings of the stockholders, held at the | Otfic" uf the company at the principal place ] of business of said company. for ihe election | LG Directors to serve for the ensuing year. | matli6af WhiGh shgll be given as provided in the bE-laws klit llI nc ease sliAl SllCh Hqtice be published for less than twenty days pre- ! viOps therei0 in q newspaper publsLcd in each county through or into which such road | shall pass. or be intended to run. provided | there De stockholders resident therein; and,if | no newspaper is published in either OF any of the said counties then notice shall be given | by posting six written or inted notices of such meeting in the most Lu lac places Of | such county or counties. At east two or the | Directors shall, at the time of their election. | be residents of the Territory If Arizona but l in all cases where a ma iOrlty of the crpi tai | stock Is bald 0r owned in any otl.er stat or Territory, 4htii, the principal ofiGes pr such and he meetings of the Conipgny may be held | therein, provided, that in such caso inc said company shall appoint an agent In this terri | tory, on whom all notices and processes may | be served with the same effect as if the offices and officers of the company resided herein | and such processes were served upon them.
 1t shall be lawful for the Directors of said | company to call in and demand from the | stockholders the sums by them subscribed in | equal installments of not more than 10 per cent per month. unless otherwise stipulated | in the articles gf sgbscripton, ny sgclltiRe ur | times as tbpy ihap ' 'eta Gr0per. Sdlice Uf |