The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1904-04-02
AMENDMENT OF ARTICLES OF IN
CORPORATION OF "SMALL" LOAN
e. INVESTMENT COMPANY.

ers of the Small Loan & Investment
| Company, held at the office of said com
Rany, in the city OF st: Pa M,n county OF o.
| the 26th of January, A. D. 1904, at Whlcf
were present. in person or represented by
duly executed proxy, the holders OF more
than two-thirds of the capital stock OF
said company, it was duly and unani-
| fnouSly resolved as follows:
| ."That Article seven CD of the articles
pf incorporation of said company be
amended to read as follows. :,
Ten thousand ($10,000) dollars Of said
! amount of fifty thousand dollars ($5O, O0O)
of capital stock may be preferred stock,
| and all other stock shall be common STOCK;
| to Communication dividends at the rate OF
!65 (six per cent? per annum: payable
semi annually on the tenth QOth) day OF
February and August of each year. oe
ginning with the tenth Of August, A. d..
1904. out Of the net earnings OF the cor,
poration. but said preferred stock shall
not be entitled to- any further dividends
from or share in such earnings.
In the event of the liquidation or wind
ing up of the business of the corporation,
the said preferred stock shall be paid on
at par, from the assets OF the corpora
ton, before any payment therefrOm upon
any other stock of said corporation, and
after such payments at par shall not De
entitled to any further share In or pay
ment from such assets. The holder or
be entitled to any vote thereon at any
stockholders meetings. unless payment of
dividends thereon at the time and at the
rate herein provided for shall nave peen
continued for ninety 900 days; but IN
case of such continued suspension the
holders of such stock shall have the same
voting right as the holders of the COM
mon stock, until such suspension shall
have terminated, but no longer. Said cor
poration. by vote of a majority Of its
board Of directors, may pay on or redeem
all or any part of said preferred stock
which said board of directors may desig-
nate, upon any of said days Of dividends
upon payment of the par vale thereo1;
together with all dividends accrued ana
due thereon. ~
In case any preferred stock is paid on
and redeemed, the corporation may, IN
such manner and upon such terms as
may be determined by the BOARD OF oi.
rectors. issue common stock equal IN
amount to any preferred stock. PAID on
and redeemed. 7'-
In witness Whereof we, the under
urer Of the *smalT' Loan & Investment
Company, have subscribed this certificate
this 18th day of February, 1904.
OBADIAH D: HOWARD:
THOMAS R. MORGAN, T..
Secretary Treasurer.
Executed in the presence OF =
JOHN LOFIMANN. -
H. L. MILLS. -
STATE OF MINNESOTA. COUNTY OF
Rafnsey-ss. =;
On this 18th day of February A. p.
1904, Thomas R. Morgan and Obadlah ~;
Howard came before me personally, ana
being duly sworn each for hlmself.~ says
that the said Thomas r. Morgan as the
secretary treasurer and the said Op pa =
diah D. Howard as the president or the
Small Loan & Investment Company,
the corporation above named, ana that
they are the same. persons who have
subscribed the foregoing certificate of
amendment as such secretary treasurer
and president, and each of them further
SAYS that he has read said certificate is
true of his own knowledge. ,.-. =
Subscribed and sworn to before me TINS
18th day of February. IA: D: 1904: :.
C,: i H. L. MILLS. =
Justice of the Peace in and for Ram
. sey County Minnesota.
311 Bradley Bldg, Is E. 5th st. :
STATE OF MINNESOTA, DEPART
I hereby certify that the within instru-
| ment was filed for record In this ONCE
on the 26th day Of February. A. -. lyV4;
| at O. clock p. M. and was duly recorded
| in Book H 8 of Incorporations. on page ~
| .sE p. E. HANSON, =
Secretary Of State.
STATE OF MINNESOTA, COUNTY OF
$3.50 ONCE Of the Register Of Deeds:
This is to certify that the !, W thin a IN
! at St Paul, on the It'll day OF. MaTcn
A. D. 1904, at lis o'clock p M. ana ina,
1.-The same was duly recorded IN booh
| Of interpretations. page $50. 6.
w. u. FlTZGER-A - -
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