Arizona republican., 1905-08-10

county of San Francisco, in the state of California, the same being the prin- 1 cipal place of business of said corpor- | ation. and being the building where the ] board of directors of said corporation l 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 (S160, ,0OO,0OO), 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,OO0, ,OOO), divided into one million six hundred thousand G,6OOO OO0) shares of the par value of one hundred dollars (SIOO) | each. which said amount of capital | stock does not exceed the amount ac- 1 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 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 l consolidated corporation shall be ele- ven t11) and the amount of the capi- tai stock of said corporation shall be l c.y (s16O, ,OOO,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 it's road and is so estimated by com potent engineers, as will appear by the aforesaid written estimate of said en- gineers, duly signed by them and on file as aforesaid. Said capital stock of said corporation shall be divided into one million six hundred thousand G. 6OO,O0O) shares of the par value of one hundred dollars ($1OO) 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:
 gro the Southern Pacific Railroad company, incorporated, organized and 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 hundreths Q,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 it's stockhold- 2 CTS. one hundred and ninety-nine thou sand nine hundred and fifty G99,95O) ? shares"
 "To the Southern Pacific Railroad company of New Mexico, incorporated, organized and existing under the laws
 of the territory of New Mexico, and to it's stockholders siXty-eight thousand eight hundred and eighty eight (68,- ' S8S) shares"
 "The several stockholders of each of | said constituent corporations shall
 have issued to them by the said con- . soIidated corporation paid up shares of t the capital stock of the cOnsoli-
 dated corporation out of the shares r thereof subscribed by and allotted to f the stockholders of their respective Q constituent corporations to the like | amount, dollar for dollar, at their pal . value with the par value of the shares held by such stockholders in theiI - respective constituent corporations" Thereafter. and secondly, to create - a bonded indebtedness of said corpor- '. ation to the amount in the aggregate i of one hundred and sixty million dol = lars CS160,OO0 .O0O) in gold coin of the
 United States Ga portion of which is
 to be used in retiring existing bonded lindebtedness) and to increase the bond o ed indebtedness of said corporation III Q to the amount in the aggregate of on' r hundred and sixty million dollar:
 ($160. GOO .OOO) in gold coin of the Unit
 ed States and to secure the said pro l, posed bonded indebtedness by a mort
 gage upon the railroads, franchises n and property of the company nov
 owned or hereafter acquired, and tn Q income thereof, or such part thereo y as may be prescribed in the mortgag @ and to determine the form and term n of said bonds and mortgage, and t
 authorize the board of directors to talk t all such action as they may deem nee d essary or expedient in the premises.
 Dated the 2Sth day of June, 1905. u By order of the board of directors. e J. L.. WILLCUTT,
 Secretary of the Southern Pacltl
 Railroad company.
 n N. T. SMITH,
 E. F. CALVIN,
 WILLIAM HOOD, I. w. HELLMAN, JR.,
 JAMES K. WILSON,
 J. M. HANFORD, no PETER r. DUNNE, A J. L. WILLCUT, of FRANK B. KING, nv CHAS. P. LINCOLN, o- G. L. KING,
 ts' Directors of said Southern Pacifl nd railroad company.