The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-09
SPECIAL STOCKHOLDERS MEETING,

Notice Is hereby given that special
meeting OF the stockholders OF the
keth. e1 h, oBgien company c9rporstl s ton loI
company, at its place OF business, State
street and =, Broadway, Salt Lake City;
Utah on ,a,s Tuesday the lot, 10Th day t,rs Of
o clock p. m. of said day.
Said meeting will be had and held
for the purpose Of considering the ad.
Instability of amending the articles Of
Incorporation, and. ii deemed advisable.
10 amend the said articles OF Incorpora
tion In the following respects:
To amend Article VI OF said articles
lows: ~ ''O' ~ 90 " -u "
Article VI The amount OF the capl~
Ia la stock, Of this. company shall be $3.50
face or par value Of 10000 each, The
said capital stock shall consist OF three
classes as follows: 1900 shares thereof
A preferred stock; $500 shares thereof
as Class 3 preferred stock. and $500
shares thereof as common stock.
me holders o6 Glass A preferred stock
as declared from the surplus or net
earnings OF the corporation, yearly divi-
dends at the rate OF per cent per
dates TO be fixed by the bylaws. or by
resolution of the board of directors
me dividends on Class A preferred
ste stock a,l !, shall be cumulative and shall be
u
preferred stock, or the common stock,
shall be paid or set apart. so that, II:
lor any year, dividends amounting TO s
per cent shall not have been paid there
on, the deficiency shall be payable be-
lore any dividends shall be paid upon,
or set apart on the Class s preferred
OF the common stock.
whenever cumulative dividends on the
SlaSs A preferred stock for all previous
years shall have been declared and shall
nave become, payable and the accrued
Sf-'l I'm oG0fs ff, h. raSni
year snail have been declared and the
company shall have paid such declared
cumulative dividends for previous years,
and such accrued semI-annuaI INSTALL
lnent upon Class A preferred stock. and
snail have set aside from its surplus or
net pr3iits sum sufficient for the pay
Inent thereof, the holders Of Class 3 pre-
leIred stock shall be entitled 10 receive.
wnen and as declared from the remain
ing surplus or net profits OF the cor
poration after the payment Of the cuu1u-
ldtiVe dividends and the accrued semi
annual lnstallment upon Glass A pre-
i,erred stock, aforesaid yearly div-
oendS at the rate OF per cent per an
num- and no more, payable semi annual
The dividends on the Glass B preferred
STOCK snail also be cumulative and shall
be PAYABLE before any dividends on the
so that, II, for any year. diyidends
amounting TO per cent shall not have
been. oeen paid on said Glass B preferred
=
before any dividends shall be paid up
on or set apart Tor the common stock
whenever all cumulative dividends on
the preferred stock. both Class A and
Glass 3. for ell previous years shall
nave been declared, and shall have be-
come payable, and the accrued semi
annual instalments for all the preferred
STOCK for the current years shall have
neen declared, and the company shall
nave paid such cumulative dividends FOR
previous years upon both classes of pre-
1erred stock. I'm the order aforesaid and
also such semi annual installrneuts
thereon, as aforesaid, or shall have set
aside from It's surplus or net profits a
sum sufficlent for the payment thereof
as aforesaid. the board of directors NAV
declare dividends out OF the net profits
ana earnings of said corporation paw
able at such time as may be by reso-
lution of the board of directors provided
10 the holders OF Class A preferred stock
and common stock OF the company
equally that is 10 say Class 4 pre-
ierred stock shall share equally with the
common stock in the distribution OF any
such dividends.
In case OF any liquidation, dissolution,
or winding up. whether voluntary or in
Voluntary after the payment TO the hold
ers or Class A preferred stock shall be
paid the par amount OF such preferred
shares, together with accumula ted divi-
dends thereon. before any amount shall
be payable to the holders OF Glass 3
preferred stock. or common stock and