The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-01-10
NOTICE.

Notice is hereby given that speciai
meeting Of the stockholders OF the Sire
veil Paterson Hardware company. (for-
rerly The George NJ. Scott -Strevell
Hardware company. Will be held at thu
office OF said company at No l26-12s
South West Temple street. Salt Lake
City. Utah, on the 2sth day OF January.
1907, al o'clock p. M. FOR the following
purpose, 10 wit
Ito consider and take action upon
the question OF amending amended artl-
Gle Of the articles OF incorporation OF
said company. which reads as follows:
Article 5-.'The limit Of the amount ot
capital stock OF the corporation shall ba
Two hundred thousand s2oo. Ooo) dol
shares OF the denomination of one hun
dred dollars each" so that said amended
article shall read as follows;
corporation shall be Ave hundred thous
and (s5o0,o0o) dollars. 10 be divided into
hNe thousand $4,000 shares Of the par
value of one hundred dollars each"
Ine capital stock OF this corporal tion
shal consist of twenty -1ve hundred
Snares Of common stock. and twenty Ave
hundred shares OF. preferred stock.
Ihe holders OF preferred stock shall be
entitled To non cumulative dividends
thereon 1T the rate OF, but not to exceed.
seven per cent for each and every fiscal
N''N '''iiphii9, pfJsiIlS pUt w any
end all surplus or net profits annually
when and as declared by the board Of d.
IeItors, and such dividends shall be pay
iols upon the preferred stock before any
dividends on the common stock shall be
declared. paid or set apart.
Atter the payment hersinabove provid-
ed 20 be made upon the preferred stock
Tic board Of directors may declare divi-
dends on the common stock payable ont
OF any remaining surplus or net profits
The preferred stock shall be subject
GTti lon of he
poraton at any time or times after the
first day OF January, 1912, in such
amounts and in such order of its issue
as may be determined upon by the board
OF directors of the company at the price
OF one hundred dollars for each share
The holders OF preferred stock shall not
be emitted TO any voting powers in the
corporation upon such stock.
The. capital stock OF the corporation
now issued and outstanding is hereby
declared TO he and is constituted COM
mon stock, and upon surrender 10 this
corporation OF any of Its certificates OF
ITS capital stock now outstanding It
secretary of the company TO issue its
new certificate (for its common stock) 4
FOR Ike number OF shares as that rep +
resented ny the surrendered certificates
Five hundred (5O0) shares of the com
NOR stock and the twenty-five hundred
'ZbooD shares Of preferred stock is set
aside as treasury stock 20 be disposed OF
al such time times In such amounts
ana at such price as may be determined
by the board OF directors
2-To consider and take action upon
Inc question Of amending the FIRST para
graph OF article OF the articles OF in
corporation of said company. which reads
as follows.
The officers OF the corporation shall
ne board Of directors Of nine members
but al any annual meeting of the stock
holders the number may be changed to
noi less than three or more than nine
members. and be elected by a majority
OF the shares Of the capital stock OF the
company at it's regular annual meeting"
so that said first paragraph OF article
when amended shall read as follows:
Article 1.-THE officers Of the corpora
tion shall he n board of directors Of sew
en- members. hut at any annual meeting
OF the stockholders the number may he
changed 10 not less than three or more
than seven members. and said officers
shall be elected by a majority OF the
ton represented at its annual meeting
"-Fo consider and take action upon
the question OF amending the third para
graph Of article of the articles OF In
corporation, which reads as follows:
Each stockholder shall be entitled tn
one vote for each share OF stock owned
vote in person or by proxy in writing
and a majority of the stock shall be
represented In order 10 constitute legal
meeting, so that paragraph OF article
shan read a. follows:
Each stockhoder OF common stock
shall be entitled To one vote for each
share OF common stock owned or con-
trolled BY him. Stockholders may vote
IN person. or by proxy In writing ard
majority OF the common stock shall
be represented In order to constitute a
legal meeting.
4-To transact such other and further
business l as may legally come before
G. y. STREVELL
Frest. Streyell Paterson Hardware Co,
w, p. OCTCALT
Secy. Strevell- Hardware Co.
g2oS