Arizona republican., 1908-02-17

| tained by agreement with the owne, thereof, to take the same by proceso ings provided for the taking of prfya@e property for the use of said cOrporsf | tion.
 To take, transport, carry and eonve,
 persons and property on their saiII railroads by the force and power to steam, of animals or any mechanical power Cor any combination thereof). and to collect and receive tolls or com pensation therefor.
 To erect and maintain all necessary and convenient buildings. stations, de- pots. watering places, fixtures and machinery. for the accommodation and use of their passengers, freight and business, and to obtain and hold. by purchase, donation or condemnation, lands and other property necessary therefor; to take. possess and enjoy. by purchase, donation or condemna- ton, such natural springs and streams of water, or so much therof as may be necessary. for its uses and purposes in operating the said railroads, togeth- CT with the right-of- way thereto for pipes. ditches, canals and acqueducts for the conveyance thereof.
 To regulate the time and manner in which passengers and property shall be transported over its railroads, ele vators and inclines. and the tolls and compensation to be paid therefor
 To regulate the force and speed of its locomotives, cars, teams. motive power or other machinery used on such roads. and to establish, execute and enforce all useful and proper rules and regulations for the management of its trains and business and to secure the comfort. safety and good behavior of its passengers and employees and agent.
 In furtherance of any of the objects or purposes of this corporation, it shall have power to issue stock, bonds, de- bentures, or other obligations of the corporation, and to secure the same by mortgage, pledge, deed of trust, or otherwise; be capable of suing and be- ing sued, and may have and use common or corporate seal, and have such other powers as may be neces- sary to enable 1t to exercise and en- joy fully and completely the powers granted by these Articles of Associa- tion, and generally all such powers as are usually conferred upon, required and exercised by railroad corporations
 Article 5. The amount of the cap ital stock of the corporation is Three Hundrd Thousand Dollars (s30e. .000.OO). divided into Three Thousand (S00O shares of the par value Of One Hun dred Dollars G1OO.O0) each. The capi- tai stock shall be issued and paid for in such manner and upon such terms nf doom judicious, and no director shall in this, or in any other respect, have or suffer any liability of any name or nature. except for breach of trust.
 -he amount above named is the ac- tual contemplated cost of the con- struction of said railroad, together with the cost of right-of-way. motive power and every other appurtenance and thing for the completion and run ming of said road. as nearly as can be estimated by competent engineers.
 Article 6. The corporation shall commence upon the date upon which its Articles of Incorporation shall be filed for record, and shall endure for a period of fifty (5O) years thereafter, subject to earlier termination, or re- newed term or terms of existence by and in accordance with a vote at any stockholders meeting. duly called and held for such purpose. of three-fourths (3-D of the capital stock
 Article : Stockholders meetings, including the first meeting of incorpo- rators. may take place in the city of Cleveland, state of Ohio, and meetings subsequent to the first may take place at such other places and at such times as the Bylaws may prescribe.
 Article S. The affairs of the corpo- ration are to be conducted by a Board of Directors consisting of not less than five nor more than thirteen members, in accordance with the Bylaws of the corporation.
 The directors shall be elected upon the third Wednesday of April in each year, or at such other times as the Bylaws may prescribe
 The Board of Directors may elect, as officers of the corporation, a president. vice-president, secretary and treasurer. and may further appoint an executive committee of such number of its di- rectors. and with such powers. as may be prescribed by the Bylaws, subject always to the control of the directors.
 The meetings of the Board of Direc- tors, including the first meeting, may take place at the city of Cleveland, state of Ohio, and meetings subsequent to the first may take place at such places, or such other places, as the By laws may prescribe.
 Article 9. The highest amount of or liability to which the is, at any time, to subject itself>is an amount equal to two-thirds (2-3) of the capital stock at par
 Article 10. The private property of the stockholders is to be exempt from the debts of the corporation, and are not to suffer or be under any liability, of any name or nature, by reason of ownership of stock or securities of the corporation.
 Article H. These Articles of Asso- citation were duly adopted at a meet ing called to the subscribers hereto, of which five (5) days notice was given to the subscription of at least One Thousand Dollars s1.000.00) of stock for each mile of railroad pro- posed to be constructed.
 The following named directors of the were also unanimously elected at said meeting for the pur- pose of managing the affairs of the A. W. Oppmann, Cleve- land, Ohio: Henry G. Oppmann, Cleve-