Arizona sentinel and Yuma weekly examiner., 1912-05-23

steam or electricity, or both, as said corporation may hereafter decide.
 Article g
 This corporation shall have the pow CT to acquire by purchase or other wise, real and personal property, and shall have the power to mortgage it's real and personal property and to is- sue bonds hereunder and do all the things permissible by or under the laws under which this company is incorporated
 Article 10
 The highest amount of indebtedness or liatllity to which the corporation shall at any time subject itself shall not exceed the amount of it's capital stock.
 Article ii
 Private property Of the members and stockholders of this corporation shall be exempt from corporate debts. The Board of Directors of said corp1r- ation shall have the power to make bylaws for governing the business and affairs of the corporation.
 IN WITNESS WHEREOF the sub scribers have hereunto set their names places of residence and the number of shares of stock in said corpora;lcl taken by them severally, this 18th day of April, 1912, in the City of Phoenix. State of Arizona.
 l.. H. Chalmers, Phoenix, Arizona, enc share, amount $100.00.
 Fen s. Hi ,'reth, Phoenix, Arizona, one share, amount s1O0.0O.
 O. E. Schupp, Phoenix, Arizona, one share, amount $1OO.OO.
 J. l.. Gust, Phoenix, Arizona, one share, amount $100.00.
 Paul Peirce, Los Angeles, California, 400 shares, amount $4O,000.00. State of Arizona, County of Marico- pa, ss.:
 Before me, Ursula De Mund, Not ary Public in and for the County of Maricopa, State of Arizona, on this day personally appeared l.. H. Chal- mers, Fen s. Hildreth, O. B. Schupp, J. l.. Gust and Paul Peirce known to me to be the persons whose names are subscribed to the foregoing instru- ment, and acknowledged to me that they executed the same for the pur- pose and consideration therein ex- pressed.
 Given under my hand and seal of office, this 18th day of Apil, A. D., 1912.
 URSULA DE MUND.
 Notary Public. (Notarial SeaD
 My Commission expires February 19, 1916
 Exhibit A
 We, the undersigned, do hereby subscribe the several numbers of shares and the several sums of mon- ey placed and written opposite our respective names hereunto subscribed to the stock of the contemplated Park CT and Colorado River Railroad Con- pany to acquire, own, construct and operate railroad, telegraph and tele- phone line, of which the direction, length and termini shall be as fol- lows:
 Beginning at or near the village of 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 coun- ty and state, together with spurs, turn outs, sidetracks and connecting lines from convenient point or points upon said main line, being distance of forty (40) miles more or less; the ag- gregate amount of said subscription being for more than one thousand ($1,0O0) Dollars per mile therefor and we severally agree to pay 1t as the law provides.
 Dated Phoenix, Arizona, April 9th, 1912.
 l.. H. Chalmers, Phoenix, Arizona, one share, amount $10000.
 Fen s. Hildreth, Phoenix, Arizona, one share, amount $100.00.
 O. E. Schupp, Phoenix, Arizona, one share, amount s1OO.00.
 J. l.. Gust, Phoenix, Arizona. one share, amount $100.0O.
 Paul Peirce, Los Angeles. Califor- mia, 400 shares, amount $40,000.00.
 Exhibit B
 We, the undersigned, subscribers to the capital stock of the Parker and Colorado River Railroad Company, do hereby certify that stock to the amount of more than one thousand ($1 100000 Dollars per mile for each and every mile of the proposed railroad to be built by said company has been sub