Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-04
ARTICLES OF ASSOCIATION
OF
cOcHISE COUNTY ELECTRIC
RAILROAD COMPANY.

KNOW ALL MEN BY THESE
PRESENTS:-Tha whereas, the un-
dersigned, James S. Douglas. w. H.
Bropny, M. J. Cunningham, Nj. j..
Brophy and George II. Neale, all resi-
dents of the City of Bisbee, Cochise
County, Territory of Arizona, met on
April 6, 1908, at said City of Bisbee,
and agreed among themselves to or
ganize a corporation under the name
OF COCHISE COUNTY ELECTRIC
RAILROAD COMPANY, for the pur-
pose of constructing. maintaining and
ow9:eS a railroad between the Cfry
OF Bisbee and the City Of Douglas, in
Cochise County. Territory Of Arizona.
unGer tho laws Of the Territory of
Arizona, the capital stock of which
shall be Eve Hundred Thousand
$500 Ue0) Do,.ars, divided into five
Thousand shares of the par value of
One Hundred ($100} Dollars each and
which sum is the actual contemplated
cost of constructing said road to-
gether with the cost of Right of Way,
motive power and every other ap-
purtances and thing for the compile
tfon and running of said road as
nearly as can be estimated by compe-
tent engineers and,
WHEREAS. the length of sain pro
posed railroad is estimated at
twenty-five (25) miles, and,
WHEREAS, said parties above
! named did then and there appoint
James S. Douglas and NJ. J. Cunning
ham, as committee to obtain sub
scriptions to the capital stock OF said
proposed corporation, to the amount
| Of, at least, One Thousand ($1000.00)
Dollars, for each and every milo ol
Gaid proposed railroad and that upon
obtaining sufficient subscribers for
| that purpose, the said committee
| should give, at least, five days nutIce
/ to said subscribers of the time for
| the adoption of the Articles of Asso-
! citation and of the election of Direc-
tors, OF said proposed corporation,
and,
WHEREAS, said committee did on
| the 9Th day of April, 1908, obtain
subscriptions to the capital stocA u
said proposed corporation to, at least.
| the amount above specified as fol-
lows, to wit:
James S. Douglas, 260 shares
W. H. Brophy, 10 shares.
NJ. ]. Cunningham, 10 shares.
NJ. ]. Brophy, 10 shares.
! George II. Neale, 10 shares.
making in all three hundred 5000
! shares, Of the par value of One Hun
| dred (S100) Dollars, per share, and
being more than $1,000 for each and
every mile of said proposed railroad,
and,
WHEREAS, said committee there
upon on said 9Th day of April, 1908,
| gave written notice to each of said
| subscribers that the Articles of Asso-
| citation of said proposed corporation
would be adopted and Directors elect
ed On April IL, 1908, being, at least,
| five days notice.
| NOW, THEREFORE, in pursuance
| thereof the said james s. Douglas,
| w. H. B-ophy. NJ. ]. Cunningham, NJ.
| ]. Bropny and George H. Neale, being
all the subscribers TO the capital
stock of said corporation. do hereby
associate themselves together and
form corporation under the Laws of
the Territory of Arizona, and adopt the
following articles;
ARTICLE I.
The names of the incorporators are
| James s. Douglas, W. H. Brophy, N.
J. Cunningham, NJ. ]. Brophy and
| George II. Neale.
ARTICLE II.
The name of such corporation
shall be COCHISE COUNTY ELEC-
TRIO RAILROAD COMPANY.
ARTICLE III.
The principal place of transacting
! business of said corporation shall be
the City of Bisbee, Cochise County,
Territory of Arizona, and such other
! branch offices as the Board of Di-
| rectors may from time to time es-
tablish.
ARTICLE ".
The general nature OF the business
proposed to be transacted by said
corporation is the constructing, own
/ ing, maintaining and operating a
railroad between the City of Bisbee
and the City of Douglas in Cochise
| County, Territory OF Arizona, the
same to be operated by means of
steam, electricity, gasoline or any
other motive power; to take hUtu
and acquire in any and every way
real estate for Right of Way. stations.
depots, yards, tanks, sidetracks. turn
outs, turntables, warehouses, wosk-
shops, necessary or convenient in the
transaction Of its business. To take
aold and acquire any and all per
sonal property necessary or conv-n-
lent in the construction. operation
and maintenance of the said railroad
To construct, maintain and operate
telephone and telegraph lines in con-
nection with the said railroad To
take. transport and convey persons
and property on said railroad and
generally to have all power as ma,
be necessary to enable 1t to exercise