Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-03
ARTICLES OF ASSOCIATION
OF
cocHISE COUNTY ELECTRIC
RAILROAD COMPANY.

KNOW ALL MEN BY THESE
ESENTS:-That, whereas. the un-
dersigned, James S. Douglas, w. II.
Bropny, NJ. J. Cunningham, NJ. J..
Brophy and George H. Neale. all resi-
dents of the City of Bisbee, Cochise
County, Territory of Arizona, met on
April s, 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
owa!nS a railroad between the City
of Bisbee and the City of Douglas, in
Cochise County. Territory q Arizona,
u,ider the laws of the Territory Of
Arizona, the capital stock of which
shall be FIVE Hundred Thousand
$500 U00) Do,:are, divided into five
thousand shares of the par value of
One Hundred ($1o0D 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 APP
purtances and thing for the compile
tion and running of said road as
nearly as can be estimated by compe-
tent engineers and,
WHEREAS. the length of said pro
posed railroad is estimated ut
twenty-five (25) miles, and,
WHEREAS. said parties above
named did then and there appoint
James S. Douglas and NJ. ]. Cunning
ham, as a committee to obtain sub
scripdons to the capital stock OF said
proposed corporation, to the amount
of, at least, One Thousand $4,000. .00)
Dollars, for eaca and every mile u
said proposed railroad and that upon
obtaining sufficient subscribers for
that purpose, the said committee
should give, at least, FIVE days nuuee
to said subscribers of the time for
the adoption OF the Articles OF Asso-
ciation 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 N
said proposed corporation TO, at least,
the amount above specified as fol-
lows, to wit:
James S. Douglas, go shares.
W. H. Brophy, 10 shares.
VI. ]. Cunningham. 10 shares.
VI. ]. Brophy, 10 shares.
George H. Neale. 10 shares.
making in all three hundred t300)
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, 1905,
gave written notice to each of said
subscribers that tie 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. Brophy. NJ. J. Cunningham, NJ.
j. Brophy and George H. Neale, being
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. Fl. Bropby. M.
J. Cunningham, NJ. J. 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 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 Dt
fectors 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 huIu
and acquire in any and every way
real estate for Right OF Way, stations
depcts, 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
sonaI property necessary OF convcn-
lent in the construction, operation
and maintenance of the said railroad
To construct, maintain and operate
telephone and telegraph lines In con-
nectfon with the said railroad. To
take, transport and convey persons
and property on said railroad and
generally to have all power as may