Arizona sentinel and Yuma weekly examiner., 1912-04-18

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 Article
 The time of commencing this cor poration shall be on the date of the filing of these articles of incorpora- tion for record as required by the laws of the State of Arizona, and the said corporation shall continue for tho period of fifty years and for such oth- CT terms as it may be renewed, accord ing to the provisions of the statutes in such cases made and provided.
 Article
 The amount of the capital stock O, this corporation shall be and is One Million ($1,OOO,OOO) Dollars, divided into ten thousand 100000 shares Of par value of One Hundred ($100) Dol lars each, and which said amount of capital stock is the actual cOntem plated cost of construction of said railroad, together with the cost of right of way, motive power and every othe, appurtenance and thing for the con- pletion and running of said road, as nearly as can be estimated by com Detent engineers, which sum shall be paid in from time to time as the com. pany by the action of it's board of di rectors shall require.
 Article 6
 The number of directors who shall manage the affairs of this corpora ton and who shall hold office until their successors are elected shall be not less than five nor more than thir teen, as the stockholders may at the regular annual meetings of said cor poration determine, and until the next annual meeting of the stockholders of this corporation the stockholders and incorporators have decided tc have five directors whose names ant residences are as follows:
 L. H. Chalmers, Phoenix, Ariz; Fen s. Hildreth, Phoenix Ariz.; O. B Schupp, Phoenix, Ariiz.; J. S. Gust Phoenix, Ariz, and Paul Peirce, Los Angeles, California.
 Article
 The direction, length and terminal of said railroad shall be as follows: Beginning at or near the village oi Parker in the County of Yuma, State of Arizona, running thence in south erly direction to a point at or near the village of Ehrenberg in said State and County, together with spurs, turn outs, sidetracks and connecting lines from convenient point or points or said main line, being a distance O. about forty (40) miles more or less.
 Article The purpose for which this corpor- ltion is formed and the general nature | )f the business proposed to be trans | lcted is to own, construct, operate and | maintain a line of railroad, telegraph 1 md telephone in Yuma County, State ,f Arizona, and also to construct, op crate and maintain such buildings, lower plants, structures, machinery md apparatus as may be deemed nec- ,ssary and convenient for operating aid railroad, telegraph and telephone inc; to cause such examinations and to be made as may be neces- ary for selecting the most suitable cute for said railroad, telegraph and telephone line,and for that purpose by ts officers and agents to enter upon he lands and waters of the State The motive power to be used in the peration of said railroad, to be either team or electricity, or both, as said may hereafter decide.
 Article g
 This corporation shall have the pow. r to acquire by purchase or other -ise, real and personal property, and hall have the power to mortgage it's cal and personal property and to is t ne bonds hereunder and do all the ( lings permissible by or under the ( TVS under which this company is ! lcorporated. {
 Article 10 \ The highest amount of indebtedness f ? liatIlity to which the corporation f nall at any time subject itself shall i'd 1t exceed the amount of it's capital c ock. q
 Article ii
 Private property of the members e Id stockholders of this corporatiCn n F all be exempt from coroprate debts A he Board of Directors of said corp )r- ion shall have the power to make Jaws for governing the business and fairs of th1 corporation.
 IN WITNESS WHEREOF the sub ribers have hereunto set their names aces of residence and the number ~ shares of stock in said corpora1 ton = ken by them severally, this 18th day April, 1912. in the. City of Phoenix.