The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1911-09-02
r. B. HOSTETLER,
Attorney for Petitioner
CERTIFICATE OF AMENDMENT TO
THE MINNEAPOLIS MILK COM

TIE MIaNE ~ MILK COM NJ
We. the undersigned, A. R. Ruhnke, as
president en- ;rs and T. Peterson. as secre-
laws Of the State Of Minnesota. do hereby
certify that at a special meeting of the
its principal Office in the City Of Mime
apolis. in said County, on Monday the
a resolution duly offered and unanimous
~ adopted the Articles of Incorporation
OF said The Minneapolis Milk Company,
were amended in the following respects,
to-Wit: =
incorporation of said corporation was
changed and amended so as to read as
follows:
:'Article vII-The number of shares Of
the capital stock Of said Corporation shall
be twenty-five hundred (2,50o) and the
amount Of each share shall be one hun
dred (s1oo;Oo) dollars.
The said capital stock shall be divided
into Preferred and Common Stock. so
that there will be seven hundred fifty
l75o' shares Of the Preferred Stock ana
shares of the Common Stock.
The Common Stock shall have and ex-
ercise the sole and exclusive manage
ment Of the corporations affairs, and
The Preferred Stock shall be fully paid
and -assessable and shall be entitled
quarterly dividends at the rate Of eight
RS pctl per cent per annum, and no
the, tenth day of each month, following
that in which the quarter expires, names
ly: on the tenth days of February, May,
August and November and shall be cum
| ulative, so that If during any year divi-
dends as above provided shall not have
been paid on said Preferred Stock,
such deficiency shall be paid before any
Stock.
After the payment Of eight IS pct.) per
cent on the Preferred Stock all surplus
profits may be distributed annually to the
In the event Of any liquidation. dis
solution, or winding up Of the Corpora
ton, the holders Of the Preferred Stock
par value of the Preferred Stock togeth-
err with any unpaid dividends accumulat-
ed thereon. before any payments be made
payment to the Preferred Stock Of it's
par value. and all accumulated dividends
| thereon. the remaining net assets shall
be divided among and paid to the hold
pro rata.
The Corporation reserves the right to
retire all such Preferred Stock upon such
fcate of stock.
In order, to protect the Preferred Stock
holders, the amount of the Preferred
Stock outstanding shall not. at any time,
outstanding at that time.
The Board of Directors may sell all
| such Preferred Stock and Common Stock
at such times and In such amounts as it
| may deem best. at no less than the par
value thereof.
Such parts of these Articles of Incor-
| poration as relate to the rights of the
Preferred stockholders shall not here
after. be altered. amended or rescinded
without the consent in writing of all the
said Preferred stockholders"
We further certify that at said meet
ing more than two-thirds of the stock
| resented and that the said resolution was
unanimously adopted That said meeting
| was duly called by the secretary for the
purpose of considering the adoption Of
tice thereof was duly given to each Of
said stockholders as provided by the laws
| of said Corporation.
The undersigned. A. R. Ruhnke and J..
are respectively the president and secre-
| tary of said corporation in charge Of the
| records and documents Of said corpora
tion. That they have compared the fore
luton entered in the records Of said cor
poration and that the same as above set
forth is a true and correct transcript
| thereof.
A. R. Ruhnke, as president, and J. P.
Peterson, as secretary of said corpora
ton, have hereunto set their hands and
seals and caused es to sa be AFFIXED
''N'esA'" ' 4. (: R RGfHSNsFt = - l lss
AS President Of The Minneapolis Milk Co.
Secretary Of T R5sf MRaesDo,s Nix Ssa Co.
Signed. sealed and delivered in the pres
ence Of: