Arizona republican., 1905-08-08

county of San Francisco, in the state | of California, the same being the prin- cipal place of business of said corpor- | ation, and being the building where the | board of directors of said corporation | usually meet, on the 28th day of Au- 1 gust, 1905, at the hour of F 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 ($16O, O,0OO, ,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 ($16O, ,OOO), divided into one million six hundred thousand G,6OO,000) shares of the par value of one hundred dollars ($1OO) each, which said amount of capital stock does not exceed the amount ac- tualIy 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
 
 duly signed by them and filed in the office and principal place of business 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 capi- tai stock of said corporation shall be one hundred and sixty million dollars (S16O, 900, ,O0O), which said amount of apital stock is the amount actually re- | quired for the purposes of said cor poration, and is the amount actually required and ascertained to be neces- sary for constructing, completing, i equipping. operating and maintaining l 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 l file as aforesaid. Said capital stock of ] said corporation shall be divided into one million six hundred thousand G. ! 600. .000) shares of the par value of one hundred dollars CS10O) each, of which i said shares of said capital stock the following have been subscribed by and allotted to the stockholders of said 1 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 G,O14,241 GO-1OO) 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 ninety nine thou-
 sand nine hundred and fifty Q99,95o)
 shares"
 "To the Southern Pacific Railroad
 company of New Mexico, incorporated
 organized and existing under the laws
 of the territory of New Mexico and te
 it's stockholders, sixty eight thousand
 eight hundred and eighty-eig (6S,-
 SSS) shares"
 "The several stockholders of each O.
 said constituent corporations shal
 have issued to them by the said con.
 solidated corporation paid up shares O. the capital stock of the cOnsoli , dated corporation out of the shares 2 thereof subscribed by and allotted t'
 the stockholders of their respectiv' . constituent corporations to the lik - amount, dollar for dollar at their pa , value with the par value of the share
 held by such stockholders in thel respective constituent corporations" : Thereafter, and secondly, to creat
 a bonded indebtedness of said cOrpor ation to the amount in the aggregat , of one hundred and sixty million dol /, lars ($16O,OO O,OOO) in gold coin of tn , United States Ca portion of which l , to be used in retiring existing bonde r 1 iindebtedness) and to increase the bond I ed indebtedness of said corporation u ', to the amount in the aggregate of on . hundred and sixty million dollar e ($16O, 900, ,OOO) in gold coin of the Unit f ed States and to secure the said pro
 posed bonded indebtedness by mort !, gage upon the railroads, franchise |, and property of the company no !, owned or hereafter acquired, and tn = income thereof, or such part thereC
 as may be prescribed in the mortgae :, and to determine the form and term
 of said bonds and mortgage, and t 70 authorize the board of directors to tax
 all such action as they may deem nee if essary or eXpedient in the premises. n Dated the 2Sth day of June 19O5- f By order of the board of directors t J. L. WILLCUTT, f Secretary of the Southern Pacf f Railroad company.
 ", N. T. SMITH,
 T E. E. CALVIN,