SIXTH. That the amount of the capital stock of this corporation shall be one million five hundred thousand dollars, divided into thirty thousand shares of the par value of fifty dollars each. SEVENTH. That the amount of said capital stock which has been actually subscribed is seventeen hundred and fifty dollars, and the following are the names of the persons by whom the same has been subscribed: IN WITNESS WHEREOF, we have hereunto set our hands and seals, this Eleventh day of May, On this Thirteenth day of May, in the year one thousand eight hundred and seventy-six, before me, James L. King, a notary public, in and for said City and County, residing therein, duly commissioned and sworn, personally appeared Solon Pattee, Elmer Terry, Joseph S. Spear, Jr., Frederick Turrill, Walter G. Holmes, R. Stevenson, Leander Sawyer, known to me to be the persons whose names are subscribed to the foregoing instrument, and they duly acknowledged to me that they executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, at my office in City and County, the day and year last above written. [Form 3.] James L. King, Notary Public. Incorporation under Secs. 290-1 of the Civil Code. ARTICLES OF INCORPORATION OF THE "South Pacific Coast Railroad." KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned, have this day associated ourselves together for the purpose of incorporating, under the laws of the State of California, a corporation to be known by the corporate name of "South Pacific Coast Railroad Company." AND WE HEREBY CERTIFY that the purposes for which the corporation is formed are: To construct, conduct, and maintain a railroad for the transportation of passengers and freight, and to receive compensation and tolls therefor. THE said railroad is intended to run from a point on the Bay of San Francisco, at Potrero Point, otherwise known as and called "Dumbarton Point," in San Mateo county, State of California, through the counties of Alameda, San Mateo, Santa Clara, and Santa Cruz, on the most practicable route to the town of Santa Cruz, in said Santa Cruz county, State of California, with intermediate branch lines to Saratoga and New Almaden, from such points on said railroad as may be designated by the Board of Directors of said corporation. THE estimated length of said railroad, with its intermediate branches, is about fifty-five (55) miles. ALSO, to acquire, hold, trade in, and use all such real estate and other property as may be necessary for the construction and maintenance of said railroad, and for all stations, depots, and other purposes necessary to successfully work and conduct the business of said railroad. THAT the place where its principal business is to be transacted is at the city and county of San Francisco, State of California. THAT the time of its existence shall be fifty (50) years from and after the date of incorporation. THAT the number of its directors shall be seven (7), and that the names and residences of those who shall serve until the election of such officers and their qualification are [now should be "who are appointed for the first year”]: THAT at least ten per cent. of the capital stock subscribed has been paid to the Treasurer of said corporation. THE amount so paid in being ten thousand dollars ($10,000), the same being ten per cent. of one hundred thousand dollars ($100,000) subscribed to said capital stock, and that the said ten thousand dollars ($10,000) has been paid to Alfred E. Davis, who is hereby selected and named as Treasurer of said. corporation. THAT the capital stock of this corporation shall be one million dollars ($1,000,000), divided into ten thousand (10,000) shares, of the par value of one hundred dollars ($100) each.(1) IN WITNESS WHEREOF, we have hereunto set our hands and seals this twentieth day of March, A. D. one thousand eight hundred and seventy-six. ARTICLES OF INCORPORATION of the Santa Rosa Branch of the North Pacific Coast Railroad Company. KNOW ALL MEN BY THESE PRESENTS, that we, the undersigned, have this day associated ourselves together for the purpose of incorporating, under the laws of the State of California, a CORPORATION, to be known by the corporate name of Santa Rosa Branch of the North Pacific Coast Railroad Company. AND WE HEREBY CERTIFY that the objects for which this corporation is formed, are to construct, conduct, maintain and own a narrow gauge railroad (and telegraph line in connection therewith), from the city of Santa Rosa, in the county of Sonoma and State of California, to a point at or near a place called Freestone, in said county and State, and distant from the said city of Santa Rosa about twelve miles, which is the estimated length of said railroad and telegraph line; and at or near said place called Freestone, to connect with the North Pacific Coast Railroad. THAT ITS PRINCIPAL PLACE OF BUSINESS shall be in the city of San Francisco, in said State of California. (1) By the late amendment to § 290, there is required a statement of the amount of capital stock subscribed, by whom, and the amount by each. See previous form. In these "Articles" the clause beginning "Also, to acquire, hold, trade in, and use all such real estate, etc." is entirely unnecessary, as this right is necessarily implied, and expressly given in the Code, § 465. The following form is preferable, and fully complies with the present requirements of the Code. THAT THE TIME OF ITS EXISTENCE shall be fifty years from and after the date of its incorporation. THAT THE NUMBER OF ITS DIRECTORS shall be five, and that the names of those who shall be directors, and are appointed to manage its affairs for the first year, are: THAT THE CAPITAL STOCK of this corporation shall be two hundred and fifty thousand dollars, divided into twenty-five hundred shares of the par value of one hundred dollars each, all in gold coin of the United States. THAT THE AMOUNT OF CAPITAL STOCK actually subscribed, is the sum of thirteen thousand and five hundred dollars, and that the same has been subscribed by the following persons: And that at least ten per cent. thereof has been paid in to the Treasurer of this intended corporation, duly elected by the said subscribers. IN WITNESS WHEREOF, we have hereunto set our hands and seals, this 19th day of May, A. D. 1874. John F. Kessing, [SEAL.] E. T. Farmer, L. D. Latimer, [SEAL.] [SEAL.] W. S. M. Wright, [SEAL.] Wm. W. Morrow, [SEAL.] Signed and sealed in presence of: [Acknowledgment.] |