Deming graphic. (Deming, N.M.) 1903-1948, 1905-09-22

ular course of mall.
In pursuance Of said notice, and on
the day appointed therein. being the
25th day OF August 1905, at the hour
OF 10 o'clock a. M, OF said day, at the
Office Of said corporation In the Rail.
road Station Building at Deming, Lu.
ma county. Territory OF New Mexico
the same being the principal place OF
business Of said corporation in said
Territory, said meeting OF the stock.
holders Of said Southern Pacific Rail.
road Company duly took place and was
had AT that time the total number Of
shares OF the capital stock OF said
corporation subscribed for and Issued
was, and from the time Of the incor-
poration and consolidation thereof
had been. 1,2S3,0i9 shares and G0-100
OF share, all Of which was represent.
ed at said meeting, being the entire
subscribed and Issued capital stock
OF the corporation at that time and
being more than two-thirds of the
then authorized capital stock Of said
corporation: and the amount Of cap
ital stock o. said corporation repre-.
scented at said meeting was $12S,3O7,-
900 at the par value thereof.
Said meeting was called to order by
G. w. Durbrow, and on motion duly
seconded said c. w. Durbrow was
unanimously elected Chairman Of tho
meeting and Charles p. Lincoln was
unanimously elected Secretary OF toe
meeting The Chairman stated that
the meeting had been called by the
Board Of Directors for the purpose OF
considering and acting upon the prop
ositions:
First, 10 increase the capital stock
of said corporation IN one hundred and
sixty million dollars (S1G0. 000.000), and
for that purpose to amend article vi Of
the articles OF Incorporation and CON
soldatlon OF the company TO read as
follows:
"The amount of the capital stock OF
said corporation shall he one hundred
and sixty million dollars (SlG0.000,.
000), divided into one million six hun.
dred thousand (l.G00,000) shares Of tha
par value OF one hundred dollars
(SlO0) each, which said amount Of
capital stock does not exceed the
amount actually required for the pur.
poses OF the said corporation and is
the amount actually required and as.
cer,alned TO he necessary for con-
structlng. completing, eQulppIng, oDer.
ating and maintaining its road, and Is
so estimated by competent engineers.
as will appear BY the written estimate
of such engineers, duly signed by
them, and fled In the office and prIncl.
pal place OF business aforesaid OF said
corporation"
And to amend paragraph third OF ar.
tlcle XII Of tine said articles to read
as follows:
1.-THE number OF directors Of said
consolidated corporation shall he
eleven (1l) and the amount OF the cap.
ital stock Of said corporation shall be
one hundred and SIXTY million dollars
(SlG0,000.000l, which said amount OF
capital stock Is the amount actually
required for the purposes OF said cor
poration, and Is the amount actually
required and ascertained to be neces-
ssry for constructing. completing,
eQulppng. operating and maintaining
Its road, and Is so estimated by com
petent engineers, as will appear by the
aforesaid written estimate OF said en-
glneers, duly signed by them and on
file as aforesaid Said capital stock
of said corporation shall be divided
into one million six hundred thousand
Il .G00,00O) shares Of the par value Of
one hundred dollars $4,000 each. Of
which said shares Of said capital stock
the following have been subscribed by
and allotted to the stockholders Of
said constituent corporations, as here
matter set forth, to.wlt:"
ITO the Southern Pacific Railroad
Company, Incorporated. organized and
existing under the laws OF the State
of California. and 10 It's stockholders
one million and fourteen thousqnf
two hundred end fortv.one and sixtv
One-hundredths O.O14,2l1 6O-1OO
shares"
ITO the Southern Pacific Railroad
Company. INCORPORATED, ORGANIZED and
existing under the laws Of the Terri
tory Of Arizona. and TO It's stOckhold.
ers, one hundred and ninetv-nina thou
sand nine hundred and fifty (ls9950l
shares"
ITO the Southern Pacific Railroad
Company OF New Mexico. irco-por.
ated, organized and existing under the
laws OF the Territory OF New Mexico,
and 10 its stockholders, sIxtv-elght
thousand eight hundred and eighty.
eight (6S.ssS) shares"
"The several stockholders OF each
OF said constituent corporations shall
have issued TO them by the said con.