Arizona sentinel and Yuma weekly examiner., 1912-05-30

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 l Private property of the members and stockholders of this corporate shall be exempt from coroprate debts. The Board of Directors of said corp or- ation shall have the power to make bylaws for governing the business and affairs of the corporation.
 IN WITNESS WHEREOF the sub- seribers have hereunto set their names places of residence and the number of shares of stock in said corporauon taken by them severally, this 18th day of April, 1912, in the City of Phoenix. State of Arizona.
 L. H. Chalmers, Phoenix, Arizona, ne share, amount $10O.00.
 Fen s. Fl ':reth, Phoenix, Arizona, one share, amount s100.OO.
 O. B. Schupp, Phoenix, Arizona, one share. amount $100.00.
 J. l.. Gust, Phoenix, Arizona, one share, amount s10O.O0.
 Paul Peirce, Los Angeles, California, 100 shares, amount $4O,OOO0O. 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 Jay personally appeared L.. H. Chal- ners, Fen S. Hildreth, O. E. Schupp, !. L. Gust and Paul Peirce known to ne 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 ar and Colorado River Railroad Con- pany to acquire, own, construct and operate a railroad, telegraph and tele- phone line, of which the direction, length and termini shall be as fol ows:
 Beginning at or near the village of Parker in the County of Yuma, State ,f Arizona, running thence in a south erly direction to point at or near he village of Ehrenberg in said coun- y and state, together with spurs, turn outs, sidetracks and connecting lines rom convenient point or points upon Iajd main line, being a distance of orty (4O) miles more or less; the az ,regate amount of said subscription ,eing for more than one thousand S1,UUUD OOlldTS per ulilc LLcIClOI dlIu ve severally agree to pay 1t as the law ,rovides.
 Dated Phoenix, Arizona, April 9th, 912.
 l.. H. Chalmers, Phoenix, Arizona, ne share, amount $100.00. Fen s. Hildreth, Phoenix, Arizona, ne share, amount $100.0O. O. E. Schupp, Phoenix. Arizona, ne share, amount s100.00. J. l.. Gust, Phoenix, Arizona, ne share, amount $100.00. Paul Peirce, Los Angeles. Califor- la, 400 shares, amount $40,000.00.
 Exhibit B
 We, the undersigned, subscribers ) the capital stock of the Parker and River Railroad Company, do ereby certify that stock to the amount f more than one thousand ($1,00000) ollars per mile for each and every