The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1904-03-12
OF ARTICLES or IN
CORPORATION OF "SMAll" LOAN
q INVESTMENT COMPANY.

coRPoRATioN OF "SMALL" LOAN
& INVESTMENT COMPANY.
| At a special meeting of the stockhold-
ers Of the "Small' Loan Investment
! Company, held at the office OF said COM
Ramsey, in the state of Minnesota, on
the Goth of January, A. D. 1904, at when en-
were present in person or represented py
duly executed proxy, the holders OF more
said company, it was duly and unani-
mously resolved as follows:
THAT Article seven ca Of the articles
of incorporation of SAID company De
Ten thousand ($10,OO0) dollars OF sag sag
amount of fifty thousand dollars l$5o,OOV)
T of capital stock may be preferred stock'
and all other stock shall be common st :oSa n;
The said preferred stock shall be entitle "a
| to communication dividends at the rate OF
j 81 (six per. cent? per annum, payanle
semi annually on the tenth u0th) Gay Oh
| ginning with the tenth of August; "A. -.
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 OH
at par from the assets OF hd the corpo nan
| any other stock of said corporation. ana
after such payments at par SHAH not De
entitled to any further share IN or pay
ment from such assets, The holder or
holders of such preferred stock shai1 not
be entitled to any vote thereon at any
stockholders meetings. unless payment OF
at the s6a at
suspended, and such suspension shaii nave We
I continued for ninety 900 days; but IN
! case of such continued suspension the
voting right as the holders OF the com,
| mon stock, until such suspension snail
| have terminated, but no longer. Sald cor
| poration, by vote of majority OF ITS
all or any part Of said preferred stock,
I which said board of directors may desig-
nate, upon any of said days OF dlvidends'
upon payment OF the par vai e,,, tnere col
together with all dividends accrued anu
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 d.
rectors, issue common stock equai m
amount to any preferred stock paid OH
and redeemed.
In witness whereof we. the under
signed, the president and secretary treas
Company, have subscribed this certificate
this 18th 6 SsS St Efn B. zXow va
THOMAS r. MORGAN :. r..s*
Secretary Treasurer.
r., JOHNsLOHMANN. :=*.G=1:. =
H. T.. MILES -: WI <5.-
STATE OF MINNESOTA, COUNTY OF
Ramsey-ss. -.
On this 18th day Of February, A: p.
1904, Thomas r. Morgan and obadiah u;
! Howard came before me personally, ana
being duly sworn each for hlmsei1. says
that the said Thomas r. Morgan as the
| secretary treasurer and the said Opa
diah D. Howard as the president of the
"Small@ Loangs& Investment Company,
the corporation above named, and that
they are the same persons VINO nave
subscribed the foregoing certiflcate OF
and president, and each OF them further
says that he has read said cert1ncate Is
true of his knowledge. 5 #%
Subscribed and sworn to BEFORE me this
,...- zs H. L. MILLS. J..
Justice OF the Peace in and for Ram
~ So Sey County. Minnesota. .:@ g.,
y 81 Bradley Bldg, 10 =. 5th st.
STATE OF MINNESOTA, DEPART
I hereby certify that the within instru-
ment was filed for record in this ONCE
on the 18th day Of February. A. D. 1904;
at I o'clock p. M. and was duly reco1ded
Secretary Of State.
STATE OF MINNESOTA. COUNTY OF
Office Of the Register Of Deeds:
This is to certify that the within In
strument was filed for record IN TINS once
at st. Paul. on. the It'll day CT Ma 1,ed |
the same: was duly recorded In BOOK 4
;..s s.|.isIss's w. NJ FITZGERALD.ss
80 Register Of Deeds. D