BOX 3 FOLDER 36

FOJA 219
A STATENMENT
THE TOPOLOBAMPO TERMIAL, CONTRATING COMPANY, to start with
own 11,748 acres of land, contiguous to deep water at Topolobampo, in the lower
part of the Gulf of California, in the District of Fuerte, State of Sinaloa, Mexico.
The Company will establish for the basis of its business a town site to be
known as Pacific City, and it will lease and sell lots for business and residence
purposes. It will convey water from the Fuerte River for irrigation and other
purposes. It will convey water from the Fuerte River for irrigation and other
purposes. It will establish a general supply store, there being about 150,000 people
whose supplies are largely imported through the various small landings along fthis
coast, that will center at Topolobampo on the opening of the first section of 62
miles of railroad, and the Company will assist in the promotion of a ship yard, brick
yard, door and sash mill, smelter, furnace, department, store, bank and factories,
and the opening up of plantations for the cultivation of sugar, cotton, rice, canaigre,
etc.
Steps are being taken to avail of the Government rules whereby freedom from
taxation can be obtained for a period of ten years and encouragements for certain
new industries, and a concession is being sought whereby entry of personal
effects, tools, machinery, can be had free of duty by these who come to settle. It is
expected that a concession will convey a bonus per capita for imported laborers
and settlers brought in from abroad.
Topolobampo is a deep water port covering an area of 54 sq. miles, of which
12 ½ sq. miles possess a minimum of depth of 30 feast. Deep water lies else to the
shore, say within 50 feet. The harbor is virtually mountain-locked, being thus
protested from

FOJA 220
(En blanco)

FOJA 221
(TABLA 1)

FOJA 222
(TABLA 2)
FOJA 223
(TABLA 3)
Voting power to be confined to the Founders Shares.
Investment shares outstanding to receive their dividends before Founders
Shares receive any share of profits.
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Vender to sell $125,000. of Founders Shares and $250,000. of Investment 7

5 Preferred for $125,000. paid by installments.
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Vendor to put the $125,000 and $1,000,000 in Investment 5% Preferred into
the Company´s Treasury, and put aside $250,000 in Investment 5% Preferred for
special services rendered the Company.
---------------------------------
The investors who pay the first $125,000 to put their Founders Shares with
those held by the vendor into a voting trust in order to have a joint control of the
Company with the vendor.
For every $1,000 of the first $125,000 the investor will receive $q,000 in
Founders Shares and $2,000 in Investment 7% Preferred or three dollars in share
for one dollar in cash. This will give 14% income on $1,000 secured from all
receipts of the Company ahead of everything besides operating expenses. The
Company to have the option idends after six tears. This would give $2,040 in cash
and leave $1,000 in Founders Shares for a permanent investment.
The capitalization if made solely upon the 12,000 acres of Pacific City site
would be at the rate only of say $167 per acre, but as there are in all only $125. A
rental of $7.50 per acre would pay 6% on this entire issue. However, the fact is that
all the investor now has to consider is that there will be only $250,000 received for
the $250,000 in Investment 7% Preferred Shares will secure 54,000 acres more,
which added to the 12,000 would make 66,000 acres in all; therefore, the $250,000
in Investment 7% Preferred Shares will be issued upon a value of only $3.40 per
acre. It would take only 26 cents rental an acre on the 66,000 acres to pay the
17,500 dividends on the $250,00 in Investment 7% Preferred Shares.
Tho 6,00 acres under good mangament, on an average, even if put under
agriculture should produce a net income of about $50 per acre. But one must keep
in mind that Pacific City Site cannot be duplicated and that upon it must be built a
great and commanding commercial and manufacturing metropolis where square
feet in a few years

FOJA 224
Assistant-Secretary; Eduardo S. Herrera, of Mexico, Wills Secretary of the
“Mexican Roard.”
Executive Committees; William Windows, R. A. Buck, John H. Rice, F. O.
Prince, C. W. Simmons, Walter C. Gilson and A. H. Reid.
The Mexican Roard Ignatio Pombo, F. H. de Prida, Juan Dublan, at
Francisco Rulnux and Luis Pombo, all of the City of Mexico, constituting said Board
as provided by the By-laws and the constricts of concession.
On motion and seconded, voted to adjourn without day.
A true record. Attest,
John H. Rice,
Secretary.

FOJA 225
Director´s Meeting.
Pursuant to the By-laws, the following named Directors of the Texas,
Topolobampo and Pacific Railroad and Telegraph Company assembled at the
office of the Company, in the City of Boston, on Tuesday, the sixth day of October,
A. D. 1886, at No. 13 Exchange Strict, in said city, immediately after their election-
Director present: R. O. Prince, E. A. Buck, John H. Rice, Geo. W. Simmons
and Walter C. Gilson.
On motions and nominations, duly made and seconded, the Bororo of
Directors was organized temporaly by the choice of F. O. Prince, as Culiacan, and
G. W. Simmons, as Secretary.
Upon motion of Mr. Rice, voted to proceed in the election of officers of the
corporation and the Roard of Directors, as required by the By-Laws, to wit:
President; William Windom, of Minnesota.
Vice-President; Elisha A. Buck, of New York.
Treasurer and Secretary, John H. Rice, of NEW York.
 Clerk of the Corporation, Chas. A. Prince, of Massachusetts.
General Agent; Francisco M. de Prida, of Mexico.

FOJA 226
Stock, and in lion thereof issue stock certificates, for the amount of stock to which
each person is entitled, with income bonds as called for in said receipts, the latter
to be issued in blocks or series, based upon section or sections of road completed
or under contract for construction.”
Upon motion of Mr. Rice, the following resolutions were unanimously
adopted: -
“Resolved, That the stockholder of the Texas, Topolobampo and Pacific
Railroad and Telegraph Company in annual meeting here assembled, have heard
with heartfelt sorrow of the decease of one of their late Directors, who was a
pioneer in enterprise- Dr. B. F. Carman; and hereby extend to his widow and
children our united condoled and sympathy.”
“Resolved, That the Secretary of the Company be directed to convey to Mrs.
Carman a copy of these resolutions.”
Voted- To adjourn.
A true record; Attest
C. W. Summons
Clerk Pro teen.

FOJA 227
Government Directors in Mexico, shall constitute the Board of Directors for the
earning year, and until their successors shall be duly elected or appointed.
The last named committals having attended to the duty assigned them,
report, that they nominate and recommend the election of the following named
persons, to be the elective Directors of the Company, for and during the ensuing
year, and until their respective successors shall be elected or appointed; all of said
persons being stockholders, except the three last named, residents of Mexico City,
to wit:
William Windom, Frederick O. Prince,
Elisha A. Buck, K. Rogers
John H. Rice, Alex R. Shepard,
Benjamin Butler, Joseph E. Brown,
Geo. W. Simmons, A. H. Grant,
E. W. Cushing, Ignacio Pumbo,
Walter C. Gilson, Francisco M de Pride,
D. L. Yulce, Juan Dublan.
The report was accepted, and the several persons nominated by the
committee wars unanimously elected to serve as recommended.
Upon motion of Mr. Gibson and seconded, the following resolution was
unanimously adopted.
“Resolved, That as soon as practicable the Board of Directors, or the
Executive Committees, should

FOJA 228
Would be approved by the Mexican Government. With the concurrence of the
Executive Committees the By-laws presented were so amended as to make the
Executive Committee consist of seven instead office Directors.
On motion of Mr. Howard Sargent, the reading of the proposed By-laws in
extensor was dispensed with, and as amended they were upon his motion duly
seconded, unanimously approved, adopted and accepted by the stock-holders, as
the By-laws of the Company.
Upon motion of Mr. J. H. Rice, voted, that the number of Directors of the
Company, shall until otherwise ordered be fixed at Twenty, including the five (5)
Directors constituting the Mexican board.
Upon motion of Mr. W. C. Gilson, duly seconded, the following resolution
was numinously adopted, to wit:
“Resolved, That the contract made and executed by the officers of the
Company, under the direction of the Executive Committers, dated December 2,
1884, with James Campbell—and by his assigned to The Mexican American
Construction Company—for the construction of certain sections of the Company´s
Railroad, and the subcontract of Oct. 4, 1880, so and executed, with the said
Construction of the first section of dais road, and the establishment of a Colony,
are hereby severally approved, ratified and conferment.”
On motion of Mr. Gilson, Moss. Gilson, Buck