Arizona republican., 1905-08-03
LEGAL ACCOMPLISHMENTS.

2 ~
Notice to the stockholders of the
Southern Pacific Railroad company-A /
special meeting of the stockholders OF /
the Southern Pacific Railroad company .
will be held at the office of the com /
pany, in room 1916 in the Merchants I
Exchange building. in the city and .
county Of San Francisco, in the state
OF California, the same being the prin- .
cipal place of business of said corpor- /
alton, and being the building where the .
board of directors of said corporation 1
usually meet, on the 2Sth day Of Au-
gust, 1905, at the hour of u O'Clock
noon, to consider and act upon the
propositions:
First to increase the capital stock
of said corporation to one hundred and
sixty million dollars ($I6O, 0O0, OOO), and
for that purpose to amend article VI
of the articles of incorporation and
consolidation of the company to read
as follows:
"The amount of the capital stock Of
said corporation shall be one hundred
and sixty million dollars (S160, 600 O00),
divided into one million six hundred
thousand 1.600,00O) shares of the par
value of one hundred dollars (SIOO)
each, which said amount of capital
stock does not exceed the amount ac-
tually required for the purposes of the
said corporation, and is the amount
actually required and ascertained to be
necessary for constructing, completing
equipping. operating and maintaining
its road, and is so estimated by COM
petent engineers, as will appear by
the written estimate of such engineers.
duly signed by them and filed in the
nd 1rfra inn r,Ta -
aforesaid of said corporation"
And to amend paragraph third of ar
| ticle XII. of the said articles to read
as follows:
THE number of directors of said
consolidated corporation shall be ele-
ven CID and the amount of the capt.
tai stock of said corporation shall be
one hundred and sixty million dollars
I (S160, 900, 00O), which said amount OF
/ capital stock is the amount actually re-
CURED for the purposes of said cor
poration, and is the amount actually
required and ascertained to be neces-
/ sary for constructing. completing,
| equipping, operating and maintaining
its road and is so estimated by COM
/ petent engineers, as will appear by the
aforesaid written estimate of said en-
! gineers, duly signed by them and on
:
J said corporation shall be divided into
one million six hundred thousand H.
/ 500 000) shares of the par value of one
! hundred dollars (S1OO) 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 hereinafter
set forth, tO-wit:
ITO the Southern Pacific Railroad
company, incorporated, organized and
existing under the laws of the state Of
California, and to its stockholders, one
million and fourteen thousand two hun
dred and forty-one and sixty one
hundreths (1,O14.241 6O-1OO) shares
''To the Southern Pacific Railroad
company, incorporated, organized and
existing under the laws of the terri
tory of Arizona, and to its stockhold-
ers, one hundred and ninety-nine thou
sand nine hundred and fifty Q99,s50)
! 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
its stockholders, sixty-eight thousand
eight hundred and eighty eight (6S,-
$3.50 shares"
1.-THE several stockholders Of each of
said constituent corporations shall
have issued to them by the said con-
solidated corporation paid up shares of
the capital stock Of the CONSOLE
dated corporation out of the shares
thereof subscribed by and allotted to
the stockholders of their respective
constituent corporations to the like
amount, dollar for dollar, at their par
value with the par value of the shares
held by such stockholders in their
respective constituent corporations"
Thereafter, and secondly, to create
a bonded indebtedness of said cOrpOr-
alton to the amount in the aggregate
of one hundred and sixty million dol
lars ($16O,OOO, OOO) in gold coin Of the
United States "a portion of which is
to be used in retiring existing bonded
lindebtedness) and to increase the bond
ed Indebtedness of said corporation Ut
to the amount in the aggregate OF one
hundred and sixty million dollars
C$16O, OOO, OOO) in gold coin of the Unit
ed States and to secure the said pro-
posed bonded Indebtedness by a mort
gage upon the railroads, franchises
and property of the company now
owned or hereafter acquired, and the
income thereof, or such part thereof
as may be prescribed in the mortgage
and to determine the form and terms
of said bonds and mortgage. and to
authorize the board of directors to 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. WILLCUTT,
Secretary of the Southern Pacific
Railroad company.
n. T. SMITH,
E E. CALVIN,
WILLIAM HOOD,
l. w. HELLMAN, JR,
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