Bisbee daily review., 1908-05-30
LEGAL NOTICES.
ARTICLES OF ASSOCIATION
 OF COcHiSE COUNTY ELECTRIC RAILROAD COMPANY.


 RAILROAD COMPANY.
 KNOW ALL MEN BY THESE f PRESENTS:-That, whereas, the un- dersigned, James s. Douglas, w. H. Bropny, M. J. Cunningham, M. j. Prophy and George H. Neale, all rest dents of the City of Bisbee, Cochlse County, Territory of Arizona, met on l 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.Eg a rsilroad between the Lfty of PIS5ee and the City of Douglas, in COchiSe CCgnty. Territory of Arizona [ u;IGs! Inc laws of the Territory of i Arizona, the capital stock of which shall be Five Hundred Thousand i, IS5no UcGl DonGrS, divided into five ! thousand shares of the par value of ] One Hundred ($100D Dollars each and which sum is the actual contemplated 1 cost of constructing said road to- l 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 salu ylu- posed rail-oad Is estimated at 1 twenty-five (25) miles, and, 1 WHEREAS. said parties above | named did then and there appoint James s. Douglas and Nj. J. Cunning ham, as committee to obtain sub i scriptions to the capital stock oE said { proposed corporation, to the amount of, at least, One Thousand ($100O. .OO) Dollars. for each and every miIY ol 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 l 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: r. ~
 James s. Douglas, 260 shares. l w. H. Brophy, 10 shares.
 M J. Cunningham, 10 shares. Nj. J. Brophy, 10 shares.
 1 George H. Neale, 10 shares.
 making in all three hundred (300) shares, of the par value Of One Hun dTed (S100) Dollars, per share, and being mo g than 5000 for each and every mile of said proposed railroad, and,
 l 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- ciation 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 H. B-ophv. NJ. J. Cunningham. NJ J. Brophy and George H. Neale, Delns all the subscribers to the capital stock of said corporation, do hereby associate themselves together and f"rm 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. H. Brophy. NJ J. Cunningham, NJ. J. Brophy and George H. Neale.
 ARTICLE II. The name of such corporation shall be COCHTSE COUNTY ELEC- TRIC 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 othe branch offices as the Board of Di rectors may from time to time es tablish.
 ARTICLE ".
 The general nature oS the business proposed to be transacted by sad corporation is the constructing, own , ing, maintaining and operating a raiI-oad 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. hVIu 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 GOid and acquire any and all per l sOnal property necessary or cOny on tent in the construction. OperatIUu and maintenance of the said railroad } To construct, maintain and operate telephone and telegraph lines in con ] nection with the said railroad. To l take, transport and convey persons ? and property on said railroad and generally to have all power as mAS be necessary to enable it to exercise and enjoy fully and completely, the powers as are usually conferred upon ' required and exercised by railroad 5 corporations
 ARTICLE V.
 The time oS the commencement oi said corporation shall be upon the fling of these Articles in the office of the Territorial Auditor of the Ter ritory of Arizona, and the same shall continue for fifty (50) years there after.
 ARTICLE VI.
 The amount of the capital stock oi said corporation shall be Five Hun dred Thousand (s50O .000) Dollars. al vided into five thousand -.(500nN shares of the par value of s100.0C each which said sum oS $500,000 IS the actual contemplated cost of con 1 structiDg said road, together with the cost of Right of Way. motive pow CT and every other appurtenance and thing for the completion of and run ming said road as nearly as can D,