Arizona republican. [volume] (Phoenix, Ariz.) 1890-1930, 1910-06-20

Der. certain Of said subscribers being
represented by proxy duly appointed;
| ing in person or by proxy all of said
| subscribers representing the following
| number of shares severally subscribed
Name of Number of Amount of
Subscriber Shares Subscription
William F; staunton 5 $ 500 90
Victor L. Mason II 10000
A A W. Edwards ET, ,,Odd ,,O d dS0- 90
BENJAMIN Goodrich 500. 90
William NJ. Pryce 10000
George W. Dietz 10000
That the Articles of Association were
thereupon adopted by the unanimous
vote of all of the said subscribers pres
ent at said meeting in person or by
proxy.
That the Articles of Association so
adopted are as follows, to wit:
Articles of Association.
We. the undersigned. having sub
Scribed and being subscribers to the
capital stock of contemplated railroad
hereinafter more fully described. and
being DESTROYS of forming ourselves into
a corporation pursuant TO the laws OF
the Territory of Arizona, in such case
made and provided, for the purpose of
constructing. equipping, owning, operat-
ing and maintaining such railroad and
telegraph line or lines and transact
ing any and all lawful business in con-
nectiOn Herewith. and to that end and
for that purpose hereby adopt these
suant to the provisions OF the laws of
the Territory of Arizona. with all rights
and privileges which are now or may
hereafter appertain to such corporation.
and do further state:
ARTICLE l.
That the subscribers to said stock
whose names are herein set forth and
hereto subscribed hereby form them
selves into a corporation under and by
virtue of the provisions of the Revised
a tus of no nf
ARTICLE II.
The name of this corporation shall be
ARIZONA. MEXICO & GUILE OF
CALIFORNIA RAILROAD COMPANY.
and it shall be known and shall act by
that corporate name.
ARTICLE III.
That this corporation shall continue in
existence for and during fifty years from
and after the date of filing these Arti-
cles of Association in the office of the
Territorial Auditor of Arizona, with full
power to extend the existence of the
corporation pursuant to the laws of said
Territory in such case made and pro-
vided.
That the amount Of the capital stock
of this corpora ton shall be Thirteen
million five hundred thousand and (s3.-
500.000) dollars and shall be divided into
shares of One Hundred (s10O) dollars
stock is the actual contemplated cost of
the construction and equipment of said
railroad. together with the cost or
right of way. motive power and rolling
stock and every other appurtenance and
thing for the completion and running
Of said railroad as nearly as can be
estimated by competent engineers.
ARTICLE V.
That the number of directors to man
age the affairs of the corporation, who
shall hold their offices until others are
elected, as shall be provided for by the
bylaws of this corporation, shall be
five, and their names are as follows: to-
Wit: Benjamin Hi11 P st cme1ey W xift0T
Pryce, and George w. DietZ.
ARTICLE VI.
That the place from and to which the
proposed road is to be constructed and
the counties into and through which it
is intended to pass and its length, as
near as it can be set forth, are as fol-
lows:
Beginning at a point in the County of
Pima, Territory of Arizona, upon the
line of railroad of the Arizona South
ern Railroad Company distant about
four miles more or less northwest of
railroad, and thence extending in gen.
eral southerly to southwesterly direction
through the County of Pima to point
upon the international boundary line be-
tween the Territory of Arizona and the
Republic of Mexico, distant about
twelve miles, more or less, westward or
northwes twaTd from the town of Sa-
sabe upon the said boundary line, and
extending thence, subject to the laws
and with the consent of the Govern
ment of the Republic of Mexico, through
the State of Sonora, in the Republic of
Mexico i'm a general Southerly to south
westerly direction to Port Lobos on the
sea coast of the Gulf of California with
such branches and extensions thereto
as may be sanctioned. authorized or
permitted by said laws and Government
of the Republic of Mexico; also with
any other point or points in the Ter
ritory of Arizona and into or through
any other state or territory, and parti-
cularly to construct, maintain and oper
ate branches from said main line, as
above described. as follows. to-wit:
First: Beginning at a point upon the
main line above described distant about
CRolla, in the County of Pima, Terri
tory of Arizona, and running thence
easterly and nOrtheasterly to the City
of Tucson. in said County of Pima.
Second: Beginning at the northern
terminus of said main line. or at point
formed by the intersection of the afore-
said main line as above described and
Southern Railroad Company distant
about four miles, more or less. north
west of Silverbell, in Pima County. and
extending thence in a northwesterly to
ties or Pima, Pinal and Maricopa. to
the City of Phoenix in Maricopa County. /
The distance traversed by said main
Arizona being about seventy-five (75j
miles. and the distance traversed by the
aforesaid branches being about two
hundred (200) miles; the aggregate
mileage of said main line of railroad
and branches i'm the Territory of Ari- |
iona and in the Republic of Mexico be-
ing four hundred and fifty (450) miles, |
more or less.
ARTICLE VII.
That the principal office of the COM
pany shall be at Tucson in the County |
of Pima, Territory of Arizona, but the |
board of directors may establish branch !
offices and hold meetings thereat in the |
city of New York, State of New York |
or at such other places as the board of |
directors may deem advisable.
ARTICLE VIII.
The private property of the stock |
holders of this corporation shall be and |
is hereby made forever exempt from all |
liability for its debts or obligations. |
ARTICLE TX
The capital stoick of this corporation |
shall be and is hereby made forever |
non assessable by this corporation for |
any purpose.
ARTICLE X.
The highest amount of Indebtedness
and liability, direct or contingent, to |
which this corporation is at any time |
to be subject, is Thirteen Million Five |
Hundred Thousand (S13, 500, 000) Dollars |
In witness whereof the said subscrib- |
ers to the said capital stock of the said |
railroad hereunto subscribe /
their names, their places of residence
and the number of shares of said |