The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1904-04-04
NOTICE OF SUIT FILED
AGAINST SECURITIES co.
Continued from First Pauel

Continued from First Page)
the Great Northern Railway company;
and,
Whereas, in a suit brought by the
United States against this company, the
said railroad company and others, this
company has been enjoined from voting
upon the shares of either of the said rail-
road companies, and each of the said rail-
road companies has been enjoined from
paying to this company any dividend up
on any of the shares of such railroad
company held by this company; and,
Whereas, this company has Issued and
there are now outstanding 3854,OO0 shares
of Its own capital stock; and,
Whereas, this company desires and in
tends to comply with the decree in said
suit fully and unreservedly, and without
delay
The Resolutions.
Resolved, In consideration of the pro-
misses, it is declared necessary and desir-
able for this company so to reduce it's
present capital stock as will enable it.
without delay, in connection with said re-
duction, to distribute among its share
holders the shares of capital stock of said
railroad companies held by 1t.
Resolved, That the board of directors
of this company hereby declares it adj
visable that article of this companys
certificate of Incorporation be amended
SO as to read as follows:
THE capital stock of this company is
hereby reduced to three million, nine hun
dred and f1fty-four thousand dollars (S3,-
$4,000, and shall hereafter be three mil
lion, nine hundred and fifty-four thousand
dollars (s3,954, 00o), divided into thirty-nine
Thousand five hundred and forty (39, $40
shares of one hundred dollars ($100) each
Such reductions of capital stock shall be
accompanied by each holder of outstand-
ing shares of this company's stock, sur
rendering to the company for retirement
ninety-nine 900 percentum Of the shares
held by him.
Upon the surrender to this company
by any shareholder of the entire number
Of shares and part of shares of this COM
pany's stock, which he is hereby required
to surrender, this company will assign to
him for each share surrendered, 1927 IF
the stock of the Northern Pacific Railroad
company. and S30.17 of the preferred
stock of the Great Northern Railroad
company, and proportional amounts there
of for fractional shares Of the stock of
this company.
1.-THE board of directors or executive
committee from time to time shall make
such rules and regulations as it shall
deem necessary and congenial for carry
ing out the provisions thereof, and all
matters pertaining to the surrender and
retirement of the stock of said railroad,
or to the assignment and to transfer of
stock of sail railroad companies hereby
contemplated shall be under the direction
of the beard.
Meeting Called.
Resolved, That meet of the stock
holders of this company for the purpose
of taking action upon the said alteration
of the certificates of incorporation of this
company. and also upon said other bust
ness as may come before the committee.
be and is hereby called to be held at the
general office of this company In the city
of Hoboken. county of Hudson, and state
of New Jersey, at II o'clock a. m. on
April q, A. D., 1904
your petitioners are prepared, able
and willing and hereby offer to retransfer
to the said Northern Securities company
the original certificates of stock of the
securities companies as received by Har-
riman and Pierce, and to repay the money
paid them by or on behalf of the said
Northern Securities company in such sum
as the court shall fix in restoration of
she statu quo in exchange for and upon
the return of the common stock of the
Northern Pacific railroad company, so
exchanged and the common stock of
said railroad company representing the
preferred stock, converted.
"As your petitioners are informed and
believe, and aver. such plan OF distribu-
ton adopted by the BOARD of directors Of