Bisbee daily review., 1908-06-09
ARTICLES OF ASSOCIATION
Of
cocHISE COUNTY ELECTRIC
RAILROAD COMPANY.

KNOW ALL MEN B1 h1oc
PRESENTS whereas, the un-
dersigned, James S. Douglas. W H.
Bropny, NJ. ]. Cunningham, NJ. }.
Brophy and George H. 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
Raj. U.ROAE COMPANY, for the pur-
pose of constructing. maintaining and
owainS a railroad between the Cfry
of Bis5ee and the City OF Douglas, in
Cochise County, Territory Of Arizona,
under tho laws Of the Territory OF
Arizona, the capital stock OF which
sha; be Eve Hundred thousand
$500 Oe6) Do,;ars, divided into five
thousand shares of the par value of
One Hundred $1,000 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-
purtauces 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 sato 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 (S100000)
INnTT 60
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-
citation and of the election of Direc-
tors, Of said proposed corporation,
and,
WHEREAS. said committee did on
the 9Th day of April, 1903, obtain
subscriptions to the capital stocA "a
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. J. Cunningham. 10 shares.
NJ. J. Brophy, 10 shares.
George II. Neale, 10 shares.
making in all three hundred (300l
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. II. Brophy. NJ. J. Cunningham, NJ.
J. Brophy and George II. 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. J. Brophy and
George II. Neale-
ARTICLE IL
The name of such corporation
shall be COCHISE COUNTY ELEC-
| TRIO RAILROAD COMPANY.
ARTICLE. III.
The principal place of transact1ng
business OF said corporation shall be
the City of Bisbee, Cochise County,
| Territory OF Arizona, and such other
I
rectors may from time to time es.
tablish.
ARTICLE ".
The general nature or 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 hOIu
| and acquire in any and every way
real est3te 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 convcn-
lent I'm 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 may
| be necessary to enable II to exercise