Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
ARTICLES OF ASSOCIATION
OF
cocHISE COUNTY ELECTRIC
RAILROAD COMPANY.

KNOW ALL MEN BY THESE
PRESENTS whereas. the un-
dersigned, James S. Douglas, w H.
Bropny, NJ j. Cunningham. NJ. J..
Brophy and George II. Neale, ali 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
gauize a corporation under the name
OF COCHISE COUNTY ELECTRIC
RAILROAD COMPANY, for the pur-
pose Of constructing, maintaining and
ow1.GS q railroad between the City
of Bisbee and the City of Douglas, in
Coch;se County, Territory or Arizona,
uIGe: the laws of the Territory OF
Arizona, the capital stock of which
shall be 1--WE Hundred Thousand
(s50G UG0) Do,;arc, divided into five
thousand shares of the par value OF
One Hundred (S100) 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
ton and running OF said road as
nearly as can be estimated by compe-
tent engineers and,
WHEREAS, the length of saiu pIe-
posed Tailroad 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 a committee to obtain sub
scriptioDs TO the capital stock OF said
proposed corporation, to the amount
of, at least, One Thousand (S1000.0e)
Dollars, for eaci and every milo VI
said proposed railroad and that upon
obtaining sufficient subscribers for
that purpose, the said committee
should give, at least, five days nUtIre
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 stoch u
said proposed corporation to, at least,
the amount above specified as fol
lows, to wit:
S James S. Douglas, 260 shares.
w II. Brophy, 10 shares.
NJ. J. Cunningham, 10 shares.
N. J. Brophy, 10 shares.
George II. Neale, 10 shares.
making in all three hundred 5000
shares, of the par value of One Hun
dred (s1OO) 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,
kn nF
subscribers that the Articles of Asso-
citation of said proposed corporation
would be adopted and Directors elect.
ed on April II, 1908, being, at least,
five days notice.
NOW, THEREFORE, in pursuance
thereof the said James S. Douglas,
w. II. B-ophy. NJ J. Cunningham, NJ.
]. Bropny and George H. Neale, beng
all the subscribers to the capital
stock of said corporation. do hereby
associate themselves together and
form a 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. II. Brophy, NJ.
J Cunningham, NJ. ]. Brophy and
! George H. Neale-
ARTICLE II.
The name of such corporation
shall be COCHISE COUNTY ELEC-
TRIO RAILROAD COMPANY.
ARTICLE III.
The principal place of transactfDg g
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 OF any
other motive power; to take huIu
! 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
hold and acquire any and all per.
sOnal property necessary or conv-n-
fient 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
Z take, transport and convey persons
I anl ,,sonarfv on said raflroad aDd