Arizona republican., 1905-08-25

NalCe OF one hundred dollars tEHlaH
each which said amount OF czpltal
I stock does not exceed tn arnourt 49,
tually required for the purposes % ths
said corporation. and IS the am1szt
actually required and ascer.aluzI 10 D.,
necessary for constructing. compI-tirs.
equipping. operating and maiutaIulus
its road, and is so estimated by COM
petent engineers. as viii appear D.
! the written estimate OF such engineers.
duly signed by them and fIsd in the
I ONCE and principal place OF business
aforesaid Of said corporation"
And 10 amend paragraph Jnird % A.
tlcIe XII OF the said articles 10 rr.d
as follows:
The number OF directors OF said
consolidated corporation shall De eI--
ven CID and the amount o. The capl-
tai stock Of said corporation shall be
one hundred and sixty million dollars
(S160, 600 ,00O), which said amount %
capital stock is the amount actually r.
Quired for the purposes OF said cor
poration. and is the amount actually
required and aScertaiDed To be uacls-
sary for constructing. completing.
equipping. operating and maintaining
its road. and is 50 estimated by COM
3 petent engineers. As viii appear by the
aforesaid written estimate Of said en-
gineers, duly signed by them and en-
file as aforesaid. Said capital stock &c
said corporation shall be divided Into
one million six hundred thousand IL
6G0,000) shares OF the par value OF one
hundred dollars tS10o) each. % which
said shares Of said capital stock the
following have been subscribed BY aus
allotted 10 the stockholders OF zzIa
constituent corporations. rs herelnzrJrH
set forth. to-wit.
ITO the Southern Pacific Ralraaa
company. Incorporated. organized and
existing under the laws OF the state q
California, and 10 its stoekholders. one
million and fourteen thousand two hun
dred and forty-One and sixty one
hundreths O.O14.24I sO-1OO) shares
ITO the Southern Pacific Railroad
company. Incorporated. organized ana
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 nifty Iss 500
shares"
ITO the Southern Pacific Railroad
company of New Mexico. incorporated.
organized and existing under the laws
of the territory of New Mexico. and %
its stockholders. sixty-eight thousand
eight hundred and lightweight (sS.-
$3.50 shares"
THE several stockholders % each %
said constituent corporations SHAH
have issued to them by the said con-
solidated corporation paid up shares %
the capital stock Of the consoli-
dated corporation out Of the sharrs
thereof subscribed by and allotted to
the stockholders OF their respective
constituent corporations 10 the Ike
amount. dollar for dollar. AT their Par
x-aIrr with rra- value NJ rn.a zFrsHrasa
held by such stockholders in their
respective constituent corporations
Thereafter. and secondly. 10 create
a bonded Indebtedness OF said coruor-
alton to the amount in the aggregate
| of one hundred and sixty million dol
] lars C$160. 00O0OO) in gold coin 90 the
| United States "a portion OF which D.
/ 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 % one
| hundred and sixty million dollars
| Csl60, 600. OOO) in gold coin % 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 unE
| owned or hereafter acquired. and the
! income thereof. or such part therreE
as may be prescribed in the mortgage
and to determine the form and rersss
of said bonds and mortgage. and 60
| authorize the board OF directors 20 szEs
all such action as they may deem nee-
| essary or expedient in the premises
Dated the 2Sth day OF June. 1895
BY order OF the beard q direCto-s-
| J. L WILLCCIT.
| Secretary OF the Southern Paclfis
Railroad company
y T. SMITH
z T. CALVIN.