Arizona republican., 1905-08-22

value of one hundred dollars ls1oal each. which said amount Of capital stock does not exceed the amount ac- tually required for the purposes of -rt= said corporation. and is the amount actually required and ascer-a-ueI To Ie necessary for constructing. compl=tluc. equippinE. operating and maiutaIuins Its road, and is so estimated by com petent engineers. as will appear bv the written estimate of such engineers. duly signed by them and filed in th- otnce and principal place of business aforesaid of said corporation And tO amend paragraph third of ar- tIcle XII Of the said articles Jo rea0 as follows:
 "The number of directors os sad consolidated corporation shall be ele- ven CID and the amount Of the clPi- tai stock of said corporation shall Ie one hundred and sixty million dollars iSl6O-O00,0UOl. which said amount uf capital stock is the amount actually re- quired for the purposes or said COZ poration, and is the amount actually required and ascertaiued to be ueces-- sary for constructing. com ple-ine. eqUipping. operating and uaiurairiuz its road. and is so estimated by com petent engineers. as will appear by Jhe aforesaid written estimate of said en- gineers, duly signed by them and on file as aforesaid. Said capital stock of said corporation shall be divided mo one million six hundred thousand d. 600.000) shares of the par value of one hundred dollars l$I0O) each. of which = said shares or said capital stock rhe following have been subscribed by and allotted to the stockholders or s1id constituent corporations. as hereinafter set forth. to-wit;
 'TO the Southern Pacific Ea-Irnad company. incorporated. organized and existing under the laws or The state cr California. and to it's stockholders. one million and fourteen thousand two hun dred and forty-one and sixty one hUndreths OO14.24I 60-1Oll shares "To the Southern Pacific Railroad company. incorporated. organized and existing under the laws of the terri tory of Arizona, and to it's stockhold- CTS. one hundred and nineJy-nine -E1u- sand nine hundred and fifty G2ss-3) shares"
 ITO the Southern Pacific Railroad company of New Mexico. incorporated organized and existing under the laws of the territory of New Mexico. and to it's stockholders. siNty-eiCht thousand eight hundred and eighty-eighJ t6S,- SSS) shares"
 'The several stockholders of each ot said constituent corporations shall have issued to them by the said con soEdated corporation paid up shares or the capital stock of the cunsoii- dated corporation out Cf the shares thereof subscribed by and allotted ro the stockholders Of their respective
 
 amount, dollar for dollar. at their par value with the par value Of the shares held by such stockholders in thsiE respective constituent cOrporatiouH. Thereafter, and secondly, Co errats a bonded indebtedness of said c0sPaF- alton to the amount in the ssEvesatz of one hundred and sixty million dcjs lars ($l60.OO0.OOO) in gold coin of tha United States "a portion Of which ts to be used in retiring existing bonded indebtedness) and to increase the bond ed indebtedness of said corporation up to the amount in the aggregate 0s one hundred and sixty million dollars CS16O, ,0OO O0O) in gold coin Of the Unit ed States and to secure the said pro posed bonded indebtedness by mort gage upon the railroads. fr@.schises, and property of the company now owned or hereafter acquired, and the income thereof OF such part thereof as may be prescribed in the mortgage and to determine the form and terms of said bonds and mortgage. and Co authorize the board of directors Co take all such action as they may deem Dec- essary or expedient in the premises Dated the 2Sth day Of June. 1905 By order of the board of directors
 J. L. WILLCCTT. Secretary of the Southern Pacific Railroad company.
 N T. SMITH.
 l. F. CALVIN.
 WILLIAM HOOD.
 I. ". HELLNIAN. JTS-.
 JAMES k. WILSON.
 J. NJ HANFORD.
 PETER F. DU\NE.
 J. l.. WILLCUT.
 FRANK B. KING.
 CHAS. r. LINCOLN,
 c. l.. KING, Directors of said Southern Pacific railroad company.