Evening journal., 1911-03-21
CERTIFICATE OF REDUCTION.


CITIZENS GAS AND ELECTRIC COMPANY.
Statement OF Reduction Of Capital Stock.
VIC, the undersignod. Rufus c. Dawes sHe
President. and Harry b. Hurd, JcsePa g.
Narkley ara Warren N. Akers, a MAJORITY
OF the Directors, Of the Citizens Gas and
Electric Company, a corporation duly or
ganized and existing under and by virtue
Of the laws Of the State Of Delaware, do
hereby state:
1. That said Citizens Gas and Electric
Company has reduced its preferred capital
stock from $500 900 to S200, 900.
2. That such reduction has been accom-.
piished by redeeming, retiring and cancclling
all OF the outstanding preferred capital stock
Of said Company, aggregating $780, 900. par
value, in accordance with the privilege to
that effect reserved in the Certificate OF In
corporation Of the Company and the roso-
lutions adopted by the Board OF Directors
Of the corporation, exercising such privilege,
so that the authorized capital stock Of said
corporation SO reduced consists Of $780,
600, OF which stock 100000 PAL value
$4,000 600 par value, only OF which is now
outstanding) Is common stock, and Is d.
vided into Eve thousand shares Of tne par
value Of 500 each, and 5000, 900, par value,
(none Of which is now outstandingl ia pre-.
ferred stock and is divided into two thou
sand shares Of the par value Of 500 each.
8. That said reduction was mado by the
vote Of stockholders representing all OF the
capital stock of the Company, both com
mon and preferred, given at meeting OF
the 14th day Of March, A. d. 1911, at which
said meeting all Of the stockholders Of said
company, both common and preferred, were
present, in person OF by proxy, and voted
in favor OF the adoption Of the following
BE 1T RESOLVED. by the Stockholders
Of the Citizens Gas and Electric Company,
as follows:
this Company shall be, and the same is
hereby, reduced from 100000 20 5000 600.
2. That such reduction shall be effect.
ed by redeeming, retiring and cancelling all
Of the present outstanding preferred capital
stock Of the Company, aggregnting $500, 900
par value in accordance with the privilege
TO that effect reserved in the Certificate OF
Incorporation Of the Company and the re-
solutions of the Board OF Directors Of the
corporation this day adopted, exercising such
privilege 40 that the authorized capital stock
Of this corporation "a so reduced shall be
S7OO. 900. OF which stock $500, 900, par value
(S4OO. 900, par value, only Of which Is nov
outstandingl Is common stock and is di
vided into hve thousand shares Of the pal
value Of 500 each, and S2oo,0 600, par value
(none OF which is now outstanding) Is pre-
ferred stock and Is divided into two thou
sand shares, of the par value Of 500 each
g. That the statement Of reduction o.
capital stock required by lay shall be sign
ed and acknowledged by the President an'
majority OF the Directors Of the corpora
tion, and shall be hled and certificate cop,
thereof recorded, in the same manner a.
certificates Of incorporation are required g
/ be.
d That the statement or certificate de
creasing the capital stock OF this corpora
tion shall be duly published in the manne
provided by law.
IN WITNESS WHEREOF, the under
signed Rufus c. Dawes, the President, an'
Harry b. Hurd. Joseph @. Markiey en-,
Warren y. Akers, . majority OF the Di
rectors. Of Said Citizens Gas and Electri
| Company. have signed and acknowledge
this Statement Of Reduction, TO the en-
that the same may be fled, and a certife
copy thereof recorded in the same mnnne
as Certificates Of Incorporation are requirN
to be, all on this 18th day Of March, A.
1911.
RUFUS c.. DAWES,
President Of Citizens Gas and Electric Com
pany.
HARRY B. HURD.
JOS. c. MARKLEY.
WARREN n. AKERS.
| A majority Of the Directors Of Citizens Ga
and Electric Company.