Arizona republican., 1905-08-26

value of one hundred dollars ts1rr,
each, which said amount OF capirrI
stock does not exceed th- amount ae-
tually required for the purposes OF tls
said corporation. and Is the amount
actually required and ascertalned I'd l.e
necessary for constructing. coupletius.
equipping, operating and maIu-aIulrz
Its road. and is so estimated bv COM
petent engineers. as VIII appear b.
the written estimate Of such engineers.
duly signed by them ana filed In ne
Office and principal place OF business
aforesaid of said corporation"
And TO amend paragraph laird g 49,
ticle MI of the said articles % rszz
as follows;
THE number OF directors @ s-ia
consolidated corporation shall es s.es
ven I'D and the amount oE tAs east
tai stock OF said corporation shzA -
one hundred and sixty mIIlEoa aes-zrs
iSlteo eo1JO). which said zrnauHs g
capital stock is the amount zctuzIIE ace
quired for the purposes of zzla cess
poration. and is the amount actGa.sF
required and ascercainea 80 As urezsa
sary for constructing. corsplrtiHE.
equipping. operating and ms lutairiaz
its road. and is so estimated ~ el---
petent engineers. as will appear BY tAa
aforesaid written estimate OF said sa-
gineers, duly signed by -heu ana ul
file as aforesaid. said capital stock 81
said corporation shall De divided iuto
one million six hundred thousand a.
100000 shares of the par value 81 o1-
hundred dollars $1,000 each. OF which
said shares of said capital stock the
following have been subscribed by ana
allotted 10 the stockholders % said
constituent corporations. as hereinafter
set forth. tO-wit;
ITO the Southern Pacific Railroad
company, Incorporated. organized ana
existing under the laws OF the state %
California. and 10 its stockhoIders. one
million and fourteen thousand two hun
& dred and forty-oue and sixty one
hundreths O.OI4241 60-100l shares
/ ITO the Southern Pacific Railroad
/ company, Incorporated. organized ana
/ existing under the laws OF the terri
/ tory of Arizona, and 10 its stockLo,d-
ers, one hundred and ninety nine t'.1l-
sand nine hundred and atty t1ss $50
! shares"
ITO the Southern Pacific Railroad
/ company of New Mexico. incorporated.
; organized and existing under the Laws
of the territory OF New Mexico. ana 90
its stockholders. siNty-eisht thourau.s
eight hundred and eighty-sizht (fs.-
, SSS) shares"
''The several stOclSholdeFE Of each os
said constituent corporations H14l
have issued 10 them 10y the SAID con-
I soIidated corporation paid mp shares oe
the capital stock of the CONSOLE
dated corporation out 81 ths shares
thereof subscribed by ana allotted 90
the stockholders OF their respective
constituent corporations e. the LSa
amount. dollar for dollar. ~ their p--
| value with the par value % tE- shlrt-
held by such sroClSholdera i8 tE#-r
respective constituent corpor=tI2as
Thereafter. and secondly. 90 create
. a bonded Indebtedness OF said sc~E1r-
alton TO the amount I'm the aggregate
of one hundred and sixty million cri-
lars (SI6O.Ooo.oool in gold coi= 80 che
United States Ga portion % EAleh ls
to be used in re-iriuE existing ae7c~&
Indebtedness and To Increase ths e--l-1-
ed Indebtedness Of said cCruasastcls esq
TO the amount in the aEEr-E=se ne pes
hundred and sixty nillio- E1tLaFz
$3.50. GOO .0OO) in sold coin &c Ehs Crzt=
ed States and to secure ths sz44 erE=
posed bonded inGebtedD5ss ~ = taaEs=
i gage upon the railroads. srs@zazssss
and property OF the enrrs=F HH4
owned or hereafter acquitted. as tar
income thereof. or such rzrE tasr-s9
as may be prescribed in the r-o=tslzr
and 10 determine the foFr ana trrl--,
of said bonds and mortgage. and t1
authorize the boa-d of directors t1 take
all such action as they may deem nee
essary or expedient In the premises
!. Dated the 2Sth day OF June. 1905
BY order Of the board OF directors
J l. WILLCCII.
Secretary OF the Southern Paclfic
Railroad company
y. 7. SMITH.