Arizona republican., 1905-08-09

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 2Sth day of Au- gust, 1905, at the hour of 12 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 C$16O, OOO, ,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, ,000,0O0), divided into one million six hundred i thousand (1,60O,0OO) shares of the par value of one hundred dollars (S100) | each, which said amount of capital stock does not exceed the amount ac- tually required for the purposes of the l ] said corporation, and is the amount l actually required and ascertained to be | ! necessary for constructing, completing, | ! equipping, operating and maintaining i it's 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 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 .OOO), which said amount of capital 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, 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- Cineers, duly signed by them and on f file as aforesaid Said capital stock or said corporation shall be divided into $ one million six hundred thousand G. z soc. .OOO) shares of the par value of one . hundred dollars ($1OO) each, of which I 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:
 t gro the Southern Pacific Railroad
 
 1T existing under the laws of the state of
 California. and to it's stockholders, one . million and fourteen thousand two hun- ;, dred and forty-one and sixty one v hundreths O.O14,241 6O-1O0) shares
 "To the Southern Pacific Railroad
 company. incorporated, organized anc
 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 (l99'95o. shares"
 ITO the Southern Pacific RailroaC
 company of New Mexico, incorporated
 organized and existing under the law
 of the territory of New Mexico, and t
 it's stockholders, sixty-eight thousan'
 eight hundred and eighty eight (6S,
 SSS) shares"
 l. ''The several stockholders of each O
 said constituent corporations sha - have issl1ed to them by the said con
 solfdated corporation paid up shares o
 the capital stock of the consoIl Ts dated corporation out of the snare of thereof subscribed by and allotted | oD- D the stockholders of their respectiV ,9' constituent corporations to the lik = amount. dollar for dollar, at their pa "a value with the par value of the share n, held by such stockholders In the 1a respective constituent corporations. o Thereafter. and secondly, to creat " a bondad indebtedness of said cOrpol ,O' atioD to the amount in the aggrega t, of one hundred and sixty million do -, lars (S16O, 900, ,0OO) in gold coin Of u tb United States Ca portion of whlch .ic to be used in retiring existing boho' ar indebtedness) and to increase the bon' IT cd indebtedness of said corporation ns to the amount in the aggregate of ol , buDdred and sixty million dolla t Cs16O GOO OOO) in gold coin of the Um .nt ed States and to secure the said pr n posed bonded indebtedness by a nor - qaqa mon the railroads, franchise ~ and Droperty of the company nc ,r, owned or hereafter acquired, and | ~ income thereof, or such part there 1t as may be prescribed in the mortga 1 and tO determine the form and terr -;I of said bonds and mortgage, and .I. authorize the board of directors to ta ia all such action as they may deem ne of essarv or expedient in the premises isn Dated the 2Sth day of June, 1905 ,ot By order of the board of director -ot J. L. WILLCUTT, ot Secretary of the Southern Paci aet Railroad company.
 Eor N T. SMITH,
 E. E. CALVIN,
 WILLIAM HOOD,
 I. w. HELLMAN, JR.,
 JAMES K. WILSON, - J. M. HANFORD, the PETER F. DUNNE, A J. L. WILLCUT, of FRANK B. KING, any CHAS. P. LINCOLN, nm G. l.. KING, nts' Directors of said Southern Fac