The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1904-07-23
Articles of Amendment
10 the Charter of Incorporation Of Chicago
Mississippi Land and Lumber Comnanv


Know all men by these pre- ents that we
the undersigned bring the holders and own
ers OF ati and singular the shares of the capi
tai stock of Chicago NJ ississippi Land .nd
Lumber COMPANY now Outstanding. do bv
these articles amend the chat ter ofincorpor.
alton OF said company pursuant to Chapter
year 1882 Gas amended), the approval of he
Governor Of the tate of Mississip i to be first
had and obtained
IN lien of Article Seven of said Charter
which, prior to tile amendment thereof was i n
the following euage:
ARTICLE VII The capital stock of said
Corporatloh shall consist of four thousand
,haies o. the fact or par value of one hundred
.,dollars eacn, making the aggregate capital
thousand doilars''
10 substitute the following:
'AHTICLE SEVEN
II he capital stock of this corporation shall
"a consist OF ur thousand shared of the face or
par Value of one hundred dollars each, max
ing me aggregate capital stock the face or par
value Of -Four Hundred Thou and Dollars
fiV,# .W. Fifteen humid ed of id sh re-
aggre1atl ng the face or par value OF One Hun.
oEed and FIFTY thousand Dollars 1885, 90
t%estp-hve hundred shares azgrepatipp the |
lace or par value of Two Hundred and Fifty
rhousnud Dollars [s9S0 10000 shall be com
THE preferred stock Of this Company shall
De EMIT ed out Of surplus net earnings to cum
ulatlve preferential dividends from date of its
issuance At the rate Of seven per centum per
annum prior TO the payment of any dividends
3 upon the common stock. The preferred STOCK
&c tall not De entitled 20 any dividends in excess
d saiu seFe re centum, aud arrears thereofa
me common Stock shall not receive divi- |
Ienos for any year unless seven per cent be
iirst paid for that year on the preferred stock
tnen outstanding, together with all arrears Of !
IlEdends at The like rate for previous wears ,
put Wnen seven per cent Is paid for any wear |
upon the preferred stock then utstandil = to :
gether with all arrears of like dividends for
Pre-. laus years, the residue Of the net earning,
~ tEe company OF so much the eof a. may NJ,
De needed 10 the business of tie co 8 pany mavI 9
tnen be distributed rs dividends ra cable uDon | o.
me common stock Of this corporation
Upon the liquidation or dissolution or | q
WINDING up OF this corporation lwhetner vol +
lntary or Involuntary the preferred stock n
-nah pc entitled 10 receive, out of the assets Al
" ms Company, in money ORIG o ley's wort. y
me lace or par value Of such preferred stnek II
AND Oil arrears Of dividends thereon and no .
more thereafter the residue Of the funds and 81
,sseis Of ms company shall be divided EQUALLY FL
lnong shares Of the common sto of TIL COM -
1any. The common stock sha be subor IL | ST
ate Q the rights Of tie pi eferred stock ex. a,
ept that each share Of common stock shat Ut
ese equal voting power with each share OF
IN witness whereof we, the undei signed he vi
8 the nolders Of alt the capital stock Of said / Z:
z lcag0- Mississippi Land and Lumber ID
0Apany now outstanding have Caused the | m
re su1nR amendment to be spread r cord
pom ihe records Of said corporation, ana have
,feunt0 subscribed our Names this Ie b day r
july, A. D., 1904. Le