The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-03
SPECIAL STOCKHOLDERS, MEETING.

meeting Of the stockholders Of the
Keith O. Brien company. a corporation,
viii be had and held at the office Of said
street and Broadway, Salt Lake CITY City,
Utah. on Tuesday. the 2stn day. OF
o'clock p. m, Of said day.
Said meeting will be had and held
Tor the purpose OF considering the ad-
visibility of amending the articles Of
incorpera IN red ti9h on and and II deemed advisable
tion in the following respects:
To amend Article VI of said articles
OF incorporation. so as to read as fol-
tai stock Of this company shall al be be ss56.- $50
oOoO0 divided into $500 shares Of the
face face or par value of $4,000 each. The
classes as follows $500 shares thereof
shall be known and designated as Class
preferred stock; $500 shares thereof
shares thereof as common stock
The holders of Class A preferred stock
snail be entitled to receive, when and
ea tbe be Iapvs net
oends at the rate Of per cent per
annun payable semi ni-annually. on the
dates to be fixed by the bylaws. or by
The dividends on Class A preferred
stock shall be cumulative and shall be
payable before any dividends on Glass
snan be paid or set apart, SO that. II.
Tor any year. dividends amounting to
per cent shall not have been paid there
on. the deficiency shall be payable be-
, Iore any dividends shall be paid upon.
or get apart, on the Class B preferred
or the common stock.
whenever cumulative dividends on the
Class preferred stock for all previous
years shall have been declared and shall
have become payable and the accrued
semi-annual instalments for the current
year Shall have been declared and the
cumulative dividends for previous years.
and such accrued semi annual INSTALL
ment upon Class a preferred stock. and
net profits a sum sufficient for the pay
| Enent thereof, the holders OF Glass B pre-
ferred stock shall be entitled 70 receive.
wnen and as declared from the remain
| Ing surplus or net profits Of the cor
poration, after the payment Of the cumu-
lative dividends and the accrued semi
annual installment upon Class A pre-
ferred stock. as aforesaid. yearly dIvi-
dends at the rate Of per cent per an
mum, and no more. payable semi-annual-
ly,
The dividends on the Class b preferred
stock shall also DE cumulative and shall
be payable before any dividends on the
common stock shall be paid or set apart
SO that, II, for any year. dividends
been paid on said Glass B preferred
stock, the deficiency shall be paya bic
before any dividends. shall be paid up
on or set apart for the common stock.
| Whenever all cumulative dividends OF
the preferred stock, both Class A and
Glass B, for all previous years. shall
have been declared. and shall have be-
come payable, and the accrued semi
annual installrnents for all the preferred
stock for the current years shall nave
been 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
also such semi-annual installments
thereon, as aforesaid. or shall have set
sum sufficient for the payment thereof,
as aforesaid. the board Of directors may
declare dividends out OF the net profits
and earnings Of said corporation, paw
luton OF the board OF directors provided.
to the holders of Class a preferred stock
and common stock OF the company,
equally; that is to say. Glass A pre-
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 Of Class A preferred stock shall be
paid the par amount OF such preferred
dends thereon. before any amount shall
be payable to the holders Of Class 3
preferred stock. or common stock, and
shall likewise be paid such par amount
ment OF any Indebtedness Of the COM
pany. created or contracted subsequent
to the issuance Of such Class A pre-
ferred stock.
In case OF any liquidation. dissolution.
or winding UP. whether voluntary OF IN
voluntary. after tn payment TO the hold
ers of Glass A preferred stock. at the
gether with accumulated dividends there.
on, as above provided, the holders OF
Glass B preferred stock shall be paid
ferred shares. together with accumulated
dividends thereon. prior to the distr1bu-
ton OF any Of the assets or funds OF
the corporation among the holders OF
Glass A preferred stock, and the pres
ent outstanding preferred stock which
shall be known hereafter as Class b.
preferred stock shall have the no essd gns 10
ings OF any meeting OF the stockholders
OF the company. either general or spe-
cial; but the. holders and owners OF the
common stock OF the company shall have
the sole right to participate IN any such
stockholders meeting, either general or
special. and vote the shares OF the COM
the election OF directors and for the
transaction OF all other business OF the
And also, II the said articles shall be
am ended in the foregoing particulars. to
! authorize and direct the board OF dlrec-
tors OF said company to cause the nee
essary documents ev1dsncins such
amendment to be filed with the proper
county and state officials Of the state
| OF Utan.
Said meeting will also be had and held
| for the purpose Of transactlng such 9TH
er business as shall lawfully come before
IT.
This meeting is called pursuant to a
resolution OF the board OF directors OF
Keith O Brien company.
JENNIE B. MORGAN.
Secretary.
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