The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-07
SPECIAL srockHoLpERs' MEETING

meeting OF the stockholders OF the
S b. I'd mp ns f
company, at It's place of business. State
street stree and r. Broadway, Salt Lake City;
Said meeting will be had and held
i9r the purpose OF considering the ad.
incorporation. and. II deemed advisable.
10 amend the said articles OF incorpora-
o 70 IN aeSd 1e9 fo9Tns A2es T os said articles
lows:
Article " The amount OF the capt.
10000, divided into $500 shares OF the
lacs or par value OF 10000 each. The
SAID ss1 capital stock shall consist of three
shall be known and designated as Class
preferred stock; $500 shares thereof
as as Class b preferred stock. and $500
'''Tfes Tba ,'nlea ,hlGreof "a as com common stock:
snai,' be entitled TO receive. when and
as declared from the surplus or net
earnings SerdI OF the corporation, yearly divi-
annnm: payable semi annually. on the
Gates 70 be fixed by the bylaws or by
res9intion SOL OF the board Of directors.
Inc dividends on Class a preferred
stock shall be cumulative and shall be
payable before any dividends on Glass
p preferred stock. or the common stock.
for any. year. dividends amounting TO
per cent shall not have been paid there
on. on. the deficiency shall be payable be-
lore any dividends shall be paid upon,
or get apart, on the Glass B preferred
OF the common stock
heneVer cumulative dividends on the
Saass SsaSs ,m a preferred stock for all previous;
nave become payable and the accrued
semi-annual installments for the current
year snail have been declared and the
Qha1
cumulative dividends for previous years.
ana such accrued semi-annual Install
Inent upon Class A preferred stock, and
shall have set aside from It's surplus or
net profits sum sufficient for the pay
Inent thereof, the holders Of Glass 3 pre-
Ierred stock shall be entitled TO receive,
wnen and as declared from the remain
Ing surplus or net profits Of the cor
poration; after the payment of the cunu-
latlve dividends and the accrued semi
annual adnn installment upon Class A pre-
oends at the rate of per cent per an
mum. and no more, payable semi-annual-
w.;
The dividends on the Class preferred
stock shall also be cumulative and shall
pe payable before any dividends on the
com 60 mon STOCK shall be paid or set apart,
so snountin ,nat. II, for any year. dividends
stonl eeen paid ss on on, said Class preferred
Stock, the deficiency shall be payable
before any dividends shall be paid up
TX.
Whenever all cumulative dividends on
the preferred stock, both Class A and
Sl Slass B. for all previous. years. shall
na nawe oeen declared. and shall have be-
annual installments for all the preferred
stock for the current years shall have
oeen declared. and the company shall
have paid such cumulative dividends for
previous years upon both classes of pre-
ferred stock. in the order aforesaid, and
aIso also such semi-annual instalIments
aside from its surplus, or net profits "a a
sum sufficient for the payment thereof.
as aforesaid. the board OF directors may
declare dividends out OF the net profits
able at such time as may be by reso-
luton OF the board OF directors provided,
70 the holders of Glass A preferred stock
equally; that is to say Class A pre-.
ferred stock shall share equally with the
common stock In the distribution Of any
such dividend
In case OF any liquidation, dissolution,
or winding up. whether voluntary or In
voluntary. after the payment TO the hold
ers Of Glass A preferred stock shall be
shares. together with accumulated diw-
dends thereon, before any amount shall
be payable to the holders Of Class B
preferred stock, or common stock, and
shall likewise be paid such par amount
OF such preferred shares before the pay
ment of any Indebtedness of the COM
paUys created OF contracted subsequent
TO the issuance of such Class A pre-
ferred stock.
In case OF any liquidation. dissolution.
or winding up. whether voluntary or in
voluntary after TIL payment 10 the hold
ers Of Class A preferred stock, at the
par amount Of such preferred shares to-
gether with accumulated dividends there
on, as above provided. the holders of
Class B preferred stock shall be paiG
the pa. amount OF such Class pre-
ferred shares. together with accumulated
dividends thereon, prior to the distrbu-
ton Of any Of the assets or funds OF
the corporation among the holders OF
the common stock.
Class preferred stock. and the pres
ent outstanding preferred stock. which
shall be known hereafter as Class B
vote at. or participate in. the proceed
ings of any meeting Of the stockholders
Of the company either general or spe-
cial: but the holders and owners of the
the sole right to participate In any such
stockholders' meeting, either general or
special. and vote the shares Of the COM
mon capital stock OF the company, for
rensaction of all other business Of the
company"
And also. If the said articles shall be
amended ir the foregoing particulars 10
tors of said company TO cause the nee
essary documents evidencing such
amendment to be filed with the proper
county and state Officials Of the state
Said meeting will also be had and held
for the purpose of transacting such 9TH
er business as shall lawfully come before
ii.
This meeting is called pursuant to q
resolution of the board OF directors OF
>('N = - '' JENNIE b MORGAN.
Secretary.