The Coconino weekly sun., 1895-04-11
ARTICLES OF INCORPORATION
 of. The Durango, Flagstaff & San Diego Railroad Company,


 the laws of the Territory of Arizona. now eX- isting and in force, and we do hereby make, publish, adopt and declare the following to be the Articles Of Incorporation of the com pany above Lamed.
 The name of said corporation shall be "The Durango, Flagstaff Eg San @ ID Diego Railroad Of the said company are: D. NJ. Riordan, liamilt Il and J.. R. Kllpatrick all residents of the Town of Flagstaff. The principal place of transactlng the business of the said | company, and the place where its principal offices are to be. located. is Flagstaif, Coco nino County, Arizona;
 | The general nature of the busiress pro- | posed to be transacted by the said company City of Durango, State of CoIorado by tie | most practical route to the Town Of Flagstaif, in the Territory of Arizona; thence by the way of Phoenix, in Maricopa County, Arizona l Arizona Territory, to the terminal point of | such railroad, which Is and shall be tine City of san Diego, State of California. and to mainta n, Improve, operate and ma"age | the same, together with all its branches, | spurs, switches, sidetracks, buildings. rights or way, and all telegraph lines thercunto ap- | pertaining or in any manner belonging. qnF- | Ing the periOd for which tiils company is iII= corporated; to make contracts Of whatever nature. acquire real and personal property | and dispose of the same, tQ purchase or other, wise acquire any and all real or personal | property whatever; or my property ncces- | sary for the construction, completion ana | maintenance of such railroad, and to hold and convey such property at D p,easurci to erect all necessary buildings. dep0ts. sta- | tions. section houses, tool houses, store | houses, warehouses, and any and all other necessary buildings; 10 lay of and establish l yards, and to equip them with all necessary | appurtenances; and 10 do and perform any | and all other acts, and 10 have and to exercise any and all other privileges relating to the | construction operation and maintenance of | the railroad line above mentioned; to build, | operate, construct and maintain Il branch l lipe from said railroad to the Grand Canyon of the Colorado riSeri s4ld branch to he hullt | from such point, on the main line as may be determined by the proper officers of the com pany; to be capable of suing, and, of being sued. to have a corporate sppl, and To gltur | the sanIe at pleasureI Co acquire, in any law ful manner. franchises, charters, rigits-of- weil from the United States and the Territory of Arizona, Us from any person, firm or cor poration therein. and from any of the states and territories through which tho said rail- road shall pass or in which the said Com- pany shall transact any business, to esta blish and maintain such branch offices and at such orally to possess and exercise all the powers and privileges that private individuals and natural persons now ssTn1)oy'
 The period for which the said company shall continue iu sNlstenUe shall be fifty years from the date of filing these Articles of Incorporation in the office of tho Secretary of the Territory Of Arizona.
 The capital stock of thIs company shall be the amount which It. Is contemplated the l building Of the road herein specified will actually cost, viz: Thirty Million ls3O,OOO,OO0l Dollars. divided into Three Hundred Thou sand l3OO, ,0l0, shares of the par value of One Hundred (slO0. .00j Dollars each. The cost so estimated includes, together with the eX- penso of construction, the cost of the right oi-way, motive power, and every other az; running of Inc said road. as nearly as can be determined by competent engineers
 The number of the Directors of the said road shall be Five l5 and the names of such Directors. who shall manage the affairs of the company, and hold their offices until their qualified, as provided by the bylaws of the said company, are D. NJ. Rordan. David Bab- btt John W, Francis, Wilson Hamilton and J. K. Fitzpatrick.
 The Initial point of the railroad proposed to be constructed by this company is and shall be Durango. La Plata County, State Of Colo rado, and the terminus thereof Is and shall be San Diego in San Diego County, State of California. The counties through which said proposed road will pass are La Plata and MOnteZunIa Counties, Colorado; San Juan County, in New Mexico, san Juan County. in | Utah, Apache. Coconno, Yayapai, MaFicopa and Yuma Counties, in Arizona. and san Diego County, State of California. The length of the road, from its initial to its ter | minal point. as nearly as may be, Is Seven hundred tiG0, niles and additional mileage for such branch lines as may Do constructed l in connection herewith.
 | VII
 | The officers of the company, in addition to the Board of Directors. hereinbefOr provided for. shall be President. Nice-President, Secretary and Treasurer, each of which said officers shall be members of the Board of Di- rectoas. Such officers shall be elected by the Directors upon the organization Of such Board and such organization must be effected within five t5j days after such Directors are chosen. notice of the election pf which Direc- | the subscribers to the capital stock of the corporation. Said committee shall be chosen by the subscribers as soon as stock t0 the | amount of One Thousand tSi.000) Dollars for each and every mile of the proposed railroad shall have been subscribed. The Board of Directors may also appoint such other officers. | whether members Of the Board of Directors or not as they may deem eXpedient.
 VIII
 The Board of Directors shall open books of subscription to the capital stock at such times and in such places, and upon such terms as they may direct and due notice of such action shall be given, but no subscrip- tion of stock, except the original, shall be binding upon the company, or the parties so subscr ping, until the same shall have been accepted and approved by resolution of the Board of Directors.
 There shall be, after the first election of Directors. as herelnbefore provided, annual meetings Of the stockholders, held at the office of the company at the principal place of business of said company. for the election of Directors to serve for the ensuing year; notice of which shall be given as provided in the bylaws but in no case shall such notice be published for less than twenty days pre- vious thereto in newspaper published in each county through or into which such road .hall pass, or be intended to run. provided there be stockholders resident therein; and,it no newspaper Is published in either or any of , the said counties, then notice shall be given
 by posting six written or printed notices of such meeting in the most public places of such county or counties. At least two of the Directors shall, ut the time of their election
 be residents of the Territory of Arizona, but i, in all cases where a majority of the capital stock is held or owned in any other state or territory, then the principal offices of such corporation may be in such state or territory and the meetings of the company may be held
 therein, provided, that in such case the said company shall appoint an agent in this terri tory, on whom ali notices and processes may
 be served, with the, e,same effect as if the offices and officers of the company resided herein
 and such processes were served upon them. K
 It shall be lawful for the Directors of said company to call fin and demand from the
 stockholders the sums by them subscribed in equal installments of not more than 10 peI
 cent per month. unless otherwise stipulated In the articles of subscription, at such tine oI , times as they may deem proper. Notice of each such assessment shall be given to the stockholder personally. or shall be published