Arizona republican., 1914-03-23
TUCSON, PHOENIX and TIDE

lnd the principal place of business or this corporation Phoenix, Arizona. Branch offices may be established and maintained by the Board of Di rectors at such other places in the State of Arizona or elsewhere as may be deemed advisable.
 ARTICLE II.
 This corporation shall continue in existence for a term of fifty years from the date of the filing of these Articles of Association in the office of the Arizona Corporation Commis- sion. and for such other term or terms as may be renewed according to the statutes in such case made and pro- vided.
 ARTICLE III.
 The amount of the capital stock of this corporation shall be Three Million (s3,OOO, ,O000O) Dollars, divided into Thirty Thousand (3O,0OO shares of One Hundred ($100.00) Dollars each, the same being the actual con- templated cost of constructing the road, together with the cost of the right of way, motive power and every other appurtenance and thing for the completion and running of said road as nearly as can be estimated by competent engineers.
 ARTICLE ".
 The number of the directors Of said corporation shall be five, but the same may be increased to not eX- Ceeding thirteen, in the manner pro- vided by law. and the bylaws of thereof chosen to manage the affairs of this corporation, to hold office un- til others are elected, as shall be pro y:d.i by the bylaws of this cor poration, are as follows: James s. Douglas, w. C. Foster, Edmund W. Wells, George A. Olney and John J Hawkins.
 ARTICLE V.
 The places from and to which the proposed railroad is to be construct , ed and the counties into and through which it is intended to pass, and its ! length as nearly as may be set forth gre as follows. to-Wit:
 Beginning at a point at or nea1 i the City of Tucson. Arizona. thence 1 in a northwesterly direction in the Counties of Pima. Pinal and Mari ] ccpa tc the City of Phoenix, Arizona i g distance of one hundred and twen- | ty G20) miles. more or less, witl i such branches, turnOuts and spur: 1 as may be deemed necessary; witt power and authority to increase it: capital stock. to extend such line JC any other point or points in saiC State either from Tucson or PhOeni2 | to the southern boundary of thu State, or from Phoenix to the north ern boundary of the State, or iron i Phoenix to the western boundary O the State, or from Phoenix or TucsoI i to the eastern boundary of the State as may be determined and to buil( to and from the same such branche and spurs as the company may de eide and to construct, equip, own, ac 1 cuire, lease. operate and maintain 1 line Of railroad. telegraph and tele ! Lhone lines in the counties of Pima Pinal and Maricopa as aforesaid anC elsewhere as may be determined and also to construct, own. lease, op crate and maintain such buildings structures. machinery. rolling stocl ard apparatus as may be deemed necessary and convenient for operat ing said railroad, telegraph and telc phone lines; to cause such eXamina tiCn and surveys to be made, a may be deemed necessary, for select ing the most suitable route for sai, railroad, telegraph and telephon lines and for that purpose, by it officers and agents, to enter upo the lands and waters of this State.
 ARTICLE VI.
 This corporation shall have tn power to acquire by purchase righ of eminent domain, lease or other wise. real and personal property, an shall have the power to mortgage it line, road bed, rolling stock, real an personal property and issue bond hereunder; and to contract for tn construction of it's road and pay fO the same either in cash or it's stoc , and bonds, as may be agreed upol and do all things permissible by c under the laws of the State of Ali zona under which this company incorporated.
 ARTICLE VII
 The officers of this corporatio shall be a President, Vice Presiden Treasurer and a Secretary, to b elected in the manner provided b law; and their respective duties sha be defined in the bylaws of tn corporation After the first electio , of directors there shall be an annu; meeting of the stockholders held { the principal place of business said company for the election of al rectOrs to serve for the ensuing yea which said meeting shall be held 0 the first Tuesday of May of eac year during the existence of this COT poration unless otherwise changed the bylaws or by resolution. as pro vided by the laws of this state, an notice thereof shall be given as pre- scribed by the bylaws of the com pany and the laws of Arizona.
 ARTICLE VIII.
 Private property of the stockholt CTS of this corporation shall be eH empt from liability for corporal debts.
 IN WITNESS WHEREOF, the sai
 subscribers to the capital stock . the said
 TUCSON, PHOENIX AND TIDE
 WATER RAILROAD COMPANY,
 have hereunto set their names, place : of residence and the number