Arizona republican., 1905-08-23

NaIue Of one hundred dollars ts1as, each' which said amount or csuIrsI stock does not exceed the amount -.s- IuailE required for the puru1ses or .r.- said corporation. and is Inc ar,.v-- actually required and ascer-afrla,f "a. 1.. necessary for constructing. cornpl-tfns equlpping. operating and nafnraI-5-.. us road and Is so estimated bv c,srr- petent engineers. as will appear b,- IAe written estimate of such engineers. duIy signed by them and filed In rrA office and principal place of brsIn.-. aforesaid of said corporation
 And to amend paragrapu third o< a-
 lcIe XII of the said articles to read as follows:
 The number of directors or safd consolidated corporation shall be -I-- Ven (ll) and the amount of the carf- tai stock Of said corporation shah Ea one hundred and sixty million dollars tSl6O,000.o0O), which said amount of capital stock Is the amount actuarv r-- qulred for the purposes of said sor- poration, and is the amount actulU,- required and ascertained to be u=c-s- sary for constructing. comuletia-- equipping. operating and ualrrafrtl-s- its road. and is so estimated bv cor.- petent engineers. as will appear hv th. aforesaid written estimate Of said en- glneerS, duly signed by them and on He as aforesaid Said capital stock oF said corporation shall be divided into one million six hundred thousand d. 6OO.OOO) shares of the par value oF 1rl hundred dollars (S100) each. of which said shares of said capital stock rh. following have bees subscribed by and allotted to the stockholders Of saff constituent corporations. as EereInafSer set forth. tO-wit.
 'TO the Southern Pacific Ralroad company. incorporated. organized and existing under the laws of the state Cr California, and to its stockholders. one million and fourteen thousand two hun dred and forty-Oue and sixty one hundreths O.OI4241 6O-1OG) shares
 'To the Southern Pacific Railroad company incorporated. organized and existing under the laws Of the terri tory of Arizona. and to its stockhold- CTS, one hundred and ninety-nIae tEou- sand nine hundred and fifty (Iss.s5g) shares
 ''TO the Southern Pacific RlIIroad of New Mexico. incorporated. organized and existing under the laws of the territory of New Mexico. and to it's stockholders. sixty-eight thousand eight hundred and eighty-eisht (6S- SSS) shares
 ''The several stockholders of each ot said constituent corporations shall have issued to them by the said con solidated corporation paid up shares of the capital stock of the consolT- dated corporation out of the shares thereof subscribed by and allotted 90 the stockholders of their respective corporations to the Ike amount. dollar for dollar. at their par value with the par value Of the sharFs held by such stockholders in theIr constituent corporations"
 Thereafter, and secondly. to create a bonded indebtedness of said cOrpor- ltiOn to the amount in the aggregate of one hundred and sixty million dol lars (S160,0 ,00O00O) in gold coin of the United States "a portion or which is to be used in retiring existing bonded and to increase the bond ed indebtedness of said corporation up to the amount in the aggregate of one hundred and sixty million dollars ($160, ,0O0 0O0) 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. O. such part thereoE iS may bE lAEStl AActA AlA A4-E HUI md to determine the form and terms If said bonds and mortgage. ana Co authorize the board of directors 70 take III such action as they may deem nec- essary or eXpedient in the premises
 Dated the 2Sth day of June. 1908
 By order of the board or directors.
 J. L. WILLCUTT. Secretary of the Southern Pacific Railroad cOmpanv
 V. T. SMITH.
 F. r. CALVIN.
 WILLIAM HOOD.