Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1905-08-20

value OF one hundred dollars ts1eH1
each, which said amount 90 capital
stock does not exceed tl- amount al--
tually required for the purposes % Tire
said corporation. and * the amount
actually required and aScer-alue,I 90 ID.
necessary Tor constructing. co-1pl-tzr--.
equippinG. operating and maintaining
its road. and IS so eStimated by -1.r-
PetenJ engineers. as VIII appear bv
the written estimate OF such fn-iueers.
duly signed by them and ulet l1 IRE
Office and principal place 90 business
aforesaid OF said corporation
And 10 amend paragraph rniri % a.
ticle MI Of the said articles 20 rad
as follows:
''The number OF directors - said
consolidated corporation shan De eIr-
ven CD and the amount OF the cant
tai stock Of said corporation shah he
one hundred and sixty DlIIlou dollars
iSl6o,Oc0.Uuo), which said amount 90
capital stock is the amosut actually. re-
quired for the purposes oc said cor
poration. and j. the amount actually
required and aSCertaIued to De- u-ceS-
sary for constructive. coupletIug-
eqUipping, operating and maintaining
its road. and = 50 estimated by COM
petent engineers. As VIII appear bv tle
aforesaid written estimate ~ said en-
gineerS, duly signed bv chem aud un
file as aforesaid Ssid capstlI stock 90
said corporation shall be- divided into
one million six hundred thousand "a
100000 shares NJ the par value % one
hundred dollars tS1Ue) each. ~ vbich
said shares of said capital stock th-
following have been SUbScrf bed by and
allotted 10 the STOCKHOLDERS 81 sliI
constituent corporations as hereinafter
set forth. to-wit-
ITO the Southern Pacific Eau-uad
company, Incorporated. organized ana
existing under the laws ~ the state 90
California. and 10 is sJockloIl-rs. one
million and fourteen thousand TWO hur-
bred and forty-oue and sixty one
hundreths C.G14241 61-l1Un ShareS-
"To the Southern Pacific Railroad
company, incorporated organized and
existing under the laws 90 the -erri-
tory of Arizona. and 10 It's StocEh1Id-
ers, one hundred and uIuety-uins tss1l-
sand nine hundred and nifty tlss.s5al
shares"
ITO the Southern Pacific Rauroad
company OF New Mexico. Incorporated.
organized and existing under ta- laws
of the territory Of New Mexico. ana so
its stockholders. siNty-eiSht thpusa1d
eight hundred and eighJy-eishI U.s.
$3.50 shares"
"The several stockholders az each 90
said constituent corporations shah
have issued 10 them by the said con-
solidated corporation paid up shares 20
the capital stock ~ the cousoI-
dated corporation out Cf the shares
thereof subscribed by and al0ttea ro
the stockholders OF their respective
constituents corporations u the IKE
value with the par value oT the shares
held by such STOCKHOLDERS iu their
respective constituent corpurat-ouS-
Thereafter. and secondly. 90 create
q bonded Indebtedness OF said corpor-
alton to the amount in the aggregate
OK one hundred and sixty million tra-
lars f160.000.O0o) la gold coin ~ tle
United States "a portion ~ which is
10 be used III retiring existing bonded
indebtedness) and 10 increase the bond
ed Indebtedness OF said corporation up
10 the amount in the aEE-eSate or one
hundred and sixty million do--trS
(e16O. 0OOeOO) in gold coin ~ the CD-t-
ed States and 10 secure the said pro-
posed bonded indebtedness by "a mort-
gage upon the railroads. f--s-hiSfs.
and property Of the Cnmpa@y rHN
owned or hereafter acquired. and tE~
income thereof. or such part tlereot
as may be prescribed in the unrtEass
and TO determine the form and -Hrt.5
of said bonds and mortgage. and On
authorize the boald NJ directors -r take
all such action as they may deem Nee
essary or eNpedient IN the premises
Dated the 2Sth day az June 1905
BY order Of the board ~ directors
J.. L. .VVILLCCTT.
Secretary Of the southern Pzcitse
Railroad COMPANY
y. T. SMITH.
r E CALVIN
WILLIAM HOOD
? W. HELI-NA\. JE-