The Tucson citizen., 1902-11-29
Article /,

Article /.
The statements hereinabove made.
contained recited and set forth are in
all respects true.
Article II.
The said subscribers to said stock,
whose names are hereinbefore men
toned and hereto subscribed, formed
themselves into corporation under
the provisions and by virtue of the
provisions of Title 1S, Chapter VII,
entitled Railroad Corporations, Re
vised Statutes of Arizona, 1901, here
inabove mentioned.
Article III.
|. The name assumed and adopted by
| this corporation is and shall be the
i Arizona and Colorado Railroad Com
pany, and the principal place of busi-
ness of said corporation shall be at
the town of Tucson, county of Pima
Territory of Arizona, with a branch
Office at No. 603 South Main street, In
the city of Los Angeles, State of Cali
| fornia, and such other branch offices
at such places as the Board Of Direct
ors shall deem advisable to create and
maintain.
Article Nv.
Tho time of commencing this cor
poration shall be on the date of the
filing of these Articles of Incorpora-
tion for record as required by the
laws of the Territory of Arizona, and
the said corporation shall continue fo1
the period of fifty years, and for such
other terms as it may be renewed, ac-
cording to the provisions of the stat
utes in such cases made and provided.
Article v.
The amount Of the capital stock Of
this company shall be and is Two Mill
ion Dollars ($2,00000O.00), divided
into twenty thousand shares of One
Hundred Dollars (S100O0) each, and
which said amount of capital stock is
the actual contemplated cost of con-
struction of said railroad, together
with the cost of right of way, motive
power and every other appurtenance
and thing for the completion. and
running of said road, as nearly as can
be estimated by competent engineers,
which sum shall be paid in from time
to time as the Company by the action
of it's Board of Directors, shall re-
Quire.
Article VI.
The number Of Directors who shall
manage the affairs of this corporation,
I and who shall hold their Office until
their successors are elected shall be
five, and their names are as follows:
Epes Randolph, Los Angeles, Cali
fornia.
George E. Pillsbury Los Angeles,
California.
VIM. c. Greene, Bisbee, Arizona
Eugene S. Ives, Yuma, Arizona.
Edgar F. Buehring, Los Angeles,
California.
Article VII.
The direction, length and termini
Of said railroad shall be as follows:
Beginning at point at or near the
town of Naco, in Cochise county, Ter
ritory of Arizona; running thence in
a northeasterly direction to point at
or near the point of intersection of the
San Francisco river with the boundary
line between the Territories of Ari-
zona and New Mexico, with spurs or
connecting lines from some convent
ent point or points upon said main
Bisbee, Douglas, Turquoise, Solomon
Vile, Clifton and Morenci, all Of said
lines and spurs being in the counties
OF Cochise and Graham, in the Terri
tory of Arizona, distance of about
two hundred (200) miles.
Article VIII.
The purpose for which this CORPORA
tion is formed and the general nature
of the business proposed to be trans
acted is to construct, operate and
maintain line of railroad, telegraph
and telephone in Cochise and Graham
counties, Arizona Territory, and also
to construct, operate and maintain such
buildings, structures, machinery, ap-
paratus, as may be deemed necessary
and convenient for operating said rail
road, telegraph and telephone line;
to cause such examinations and sur
yeys to be made as may be necessary
for selecting the most suitable route
for said railroad, telegraph and tele-
phone line, and for that purpose by
its officers and agents to enter upon
the lands and waters Of the Territory.
Article TX.
This corporation shall nave the,
power to acquire by purchase. or other
wise, real and personal property, and
shall have the power to mortgage its
real and personal property and issue
bonds hereunder, and do all things
permissible by or under the laws uIn-
der which this Company is lncorpor-
ated.
Article x.
/, fCIoo 80
or liability to which the corporation
shall at any time subject itself shall
not exceed the amount of it's capital
stock.
Article XI.
Private property of the members
and stockholders of this corporation
shall be exempt from corporate
debts.