The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-01-11
NOTICE.

Notice is hereby given that a special
meeting OF the stockholders OF the Sire
nesiiya'g[son ,oerir lh% HARDWARE Sr COMPANY Gor;
Hardware company, will he held at the
eiloe OF said company AZ No 126-l28
h Sonth West Temple street. Salt Lake
.lty, Ltah. on the 26th day OF January
purpose. to wit:
ITO consider and take action upon
the question OF amending amended ar,i-
Gle of The articles OF incorporation Of
SAID company, which reads as follows:
ArtGIe The limit OF the amount Of
topitei stock OF the corporation shall be
iWo hundred thousand CS20o. .o0O) dol
Iais, diVlded into two thousand (200OD
SuaIes OF inc denomination OF one hun
aren oollarS each, so that said amended
article shall read follows:
Article 5-"Thc capital stock OF this
corporation shall be FIVE hundred thous-
ana ana !sooo: :Oool dollars, TO he divided into
value of one hundred dollars each
The capital stock Of this corporation
shal consist of twenty-five hundred
S,,an SSmaies 9i common stock. and twenty five
hundred shares OF preferred stock
Inc holders oi preferred stock shall he
shtl1ed TO non cumulative dividends
tnereon at the rate Of. but not to exceed
seven per cent for each and every fiscal
Eeaf or The company. payable out OF any
and all surplus or net profits annually
when and as declared by the board Of al
rectors. and such dividends shall he nav
5ble upon the preferred stock before any
diNldends on the common stock shall be
declared. paid or set apart
After the payment hereinabove provId- =
cd 10 be made upon the preferred stock
the board Of directors may declare dlvj-
dends on the common stock PAYABLE out
ot any remaining surplus or net profits
The preferred stock. shall be subject
10 redemption at the option OF tine cor
poration at any time or times after the
nrst day OF January, 1912. In such
amounts and In such order Of It's issue
r 81 n1FY0 Ina.
of directors OF the company at the price
or one hundred dollars for each share.
Inc holders OF preferred stock shall not
be entitled 10 any voting powers in the
corporation upon such stock
Tho capital stock Of the corpora tlon
now issued and outstanding Is hereby
declared 10 be and is constituted com
mon stock, and upon surrender 10 this
corporation OF any OF It's certificates of
IT'S capital stock now outstanding IL
snail be the duty of the president and
secrc'ary OF the company 20 issue its
new certificate (for its common stockJ
Tor like number of shares as that rep
resented by the surrendered certificates
FIVE hundred 5000 shares OF the com
mon stock and the twenty five hundred
(G20O) shares Of preferred stock is set
aside a s treasury stock 70 he disposed OF
AT such time or times In such amounts
and at such price as may he determined
by the board OF directors.
ITO consider and take action upon
the question of amending the first para :
graph OF article I OF the articles Of in
corporation of said company, which reads
as follows
The officers of the corporation shall
be board Of directors OF nine members
but at any annual meeting of the stock
holders the number may be changed Ia
not less than three. or more than nine
members, and be- elected by majority
OF the shares OF the capital stock Of the
company at It's regular annual meeting,
so that said first paragraph of article Z
when amended shall read as follows;
Article T-"The officers OF the corpora
tion shall he board Of directors Of sew
en- members. but al any annual meeting
OF the stockholders the number may be
changed TO not less than three or moro
than seven members, and said officers
shall he elected by a majority of the
shares Of common stock OF this corpora :
ton represented a its annual meeting.
the question OF amending the third para
graph OF article S Of the articles OF in
corporation, which reads as follows:
Each stockholder shall bs entitled &c
or controlled by him. Stockholders may
vote in person or by proxy In writing
and a majority of tine stock shall bt
represented in order 10 constitute lega
meeting, so that paragraph OF article
S shall read as follows;
Each stockholder of common stocl
shall be entitled 10 one vote for eacl
share OF common stock owned or con
trolled by him; Stockholders NAV vote
In person. or by proxy In writing, anG
majority OF the common stock shall
ne represented in order TO constitute
legal meeting"
ito transact such other and furthe,
business as may legally come before
said meeting
c. n. STREvELL.
Prest, streyell-Paterson Hardware Co.
w, 3. OUTCABT,
secy. Strevell-Paterson Hardware Co.