Bisbee daily review., 1905-07-20

the amount actually required and as certained to be necessary for con- structing completing, eluipping. op- ersting and maintaining its road, and is so estimated by competent engin- eers. as will appear by the written estimate of such engineers. duly sign ed by them. and filed in the office and principal place of business aforesaid of said corporation"
 And to amend paragraph third of article XII Of the said aEiclcs to read as follows:
 .The number of directors or said consolidated corporation shall be .eleven (1D and the amount of the capital stock of said corporation shall be one hundred and sixty million dol lars (S1Ce. .000.00Ol. which said amount of capital stock is the amount actual Fly required for the purposes of said corporation. and is the amount act ually required and ascertafned to be necessary for constructing. compIet- ling. equippiag. operating and main fainlns it's road. and Is SO estimated by competent cagneers, as will appear by the aforesaid written estimate of said engineers. duly signed by them and on file as aforesaid. Said capital stock of said corporation shall be di- vided into enc million six hundred thousand (t,6G0,O00) shares of the par value of one hundred dollars CST00J each. of which said shares of said cap .ital stool; the following have been sub scribed by and allotted to the stock holders of said constituent corpora- ions. as hereinafter set forth. tO-wft:
 "TO he Southern Pacific Railroad Company. Incorporated. organized and existing under the laws of tbe state of California. and to it's stockholders. lone million and fourteen thousand two hundred and forty-oue' and sixty cnerhUndredGhs (1.0r4241 60fI00D shares
 @To tire Southern Pacific Railroad Company. incorporated, organized and existing under the laws of the Terri tory of Arizona. and to its stockhold- CTS. one hundred and ninety-nfne thou sand nine hundred and fifty (rg9, ,950f shares
 ~T'o tire Southern Pacific Railroad Company of New Mexico: ineorporat- cd. organized and existing under the laws or the Territory Of New Mexico end to its stockholders, sixty-eigRt thousand eIght hundred and eighty eight (GS,SSs) shares"
 r he several stockholders of each
 ef said constituent corporations shall
 have issued to them by the said con
 sclidated corporation paid up shares Of the capital stock of the cOnsolidaI-
 ed corporation out Of the shares there . oi subscribed by and allotted to the
 stockhoIders of their respective con { stituent corporations to the hke
 amount. dollar for dollar. at their par tyaiue with the par value of the shares i held Ay such sJOSGholders in their re- , specLye constituent corporations" Thereafter and secondly. to create a bonded indebtedness or said curpo- rauon JO the amount in the aggregate CT one Hundred and sixty million dol lars (S16O, ,0v0.000) n gold csin of the United States Ia portion Of winch is
 to be used i'll retiring existing bonded liudebtednessl and to increase the bonded Indebtedness. of said corpora
 ton up 10 the amount in the (aggre gate Of one hundred and sixty millor
 dollars (slG0,00O.000) in gold coin of
 ;he United States. and 10 secure tht . said proposed bonded indebtedness by a mortgEee upon the railroads, fran chises, and property Cf the compaal , now owned o- hereafter acquired, an, , the income thegecf, or such part there l Of as may be prescribed in the nCart . gage: and to determine the form ant terms Of said bonds and mortgage - end to 3u,horize the board Of 5reC tors to take zn such action as the may deem necessary or cxpe1olt il r the premises
 Dated tee 2Sth day of Juna 1905.
 By order Of the Board of Directors J. L. WILLCUTT, | iSecret9rT of the Southern Pacid Rai.rosf. Company.
 9 \. T. SMITH. E. E. CALVIN. WILLIAM HOOD,
 I. ". HELLMAN. JR., k JAMES K. WILSON, J. M. HANFORD, . PETER F. DUNNE, K J. L. WII4LCUTT, 8 FRANK B. ZINC, - CIIAS. ?. LINCOLN. t '. l.. KING,
 e Directors of said Southern Pacil F. Railroad Company.