The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-10
SPECIAL STOCKHOLDERS MEETING.

u.
Notice is hereby given that a special
meeting OF the stockholders of the
hHith- s,fh O Brien company, a corporation;
company. at It's place of business. State
greet sfeet and Broadway. Salt Lake City.
3ttah. on Tuesday. the 26th day. OF
a,nsuSt a,cIsonst 1918. at the hour of three
Said meeting will be had and held
ior The purpose OF considering the ad-
incorporation. and, II deemed advisable
70 amend the said articles OF incorpora-
tion In the following respects:
10 amend Article VI OF said articles
lows: ~ 'oau aS toi-
Article VI. The amount OF the capl-
nao oa1 6d STOCK Of this company shall be $780,
faca fpc,eV q, orniaed nv into $500 shares of the
said capital stock shall consist OF three
ciasseS as follows: 1900 shares thereof
snar, q n-aSa Se known and designated as Glass
as Class preferred stock and $500
snaLes thereof as common stock
sbame ame holders or Class A preferred stock
d. az rnie dieelared from the surplus or net
earnings OF the corporation, yearly dlvi-
= aenas al the rate OF per cent per
dntaH ddnhum; payable semi annually. on the
aates TO De fixed by the bylaws, or by
res0lution OF the board Of directors.
me dividends on Glass preferred
So~ neouh snail be cumulative and shall be
payable before any dividends on Glass
preferred stock. or the common stock.
snail be paid or set apart, so that, IL
LOT any year. dividends amounting to s
pc per CENT cen snail not have been paid there
on On, the deficiency shall be payable be-
1ore any dividends shall be paid upon.
or sst apart on the Class preferred
OF the common stock
whenever cumulative dividends on the
class A preferred stock for all previous
years shall have been declared and shall
nave naye become payable and the accrued
semi annual installments for the current
year shall have been declared and the
COMPANY shall have paid such declared
cumulative dividends for previous years,
ana such accrued semi-annual install
@ inent upon Glass A preferred stock. and
snail nave set aside from its surplus or
net profits a sum sufficient for the pay
fee1aa fnemt thereof' the holders Of Glass pre-
Mnen and as declared from the remain
ing surplus or net profits OF the cor
poratlon. after the payment Of the cumu-
iauve dividends and the accrued semi
ierred stock, as aforesaid, yearly divi-
dends at the rate OF per cent per an
num- num- and no more, payable semi-annual-
The dividends on the Class preferred
stock shall also be cumulative and shall
be payable before any dividends on the
so"tbof SO tbof st9ck shall be paid or set apart,
been paid on said Glass B preferred
stock. the deficiency shall be payable
on or set apart for the common stock
whenever all cumulative dividends on
me preferred stock, both Class A and
have been declared, and shall have be-
come payable. and the accrued semi
annual insta Ilments for all the preferred
STOCK sooa forth Tor the current, years shall have
nave paid such cumulativ dividends for
previous years upon both classes OF pre-
ferred stock in the order aforesaid. and
thereon as aforesaid, or shall have set
aside from its surplus or net profits a
sum n,S sufficient t. for the, payment thereof
declare dividends out of the net profits
and earnings OF said corporation, pay
able at such time as may be by reso-
!uion OF The board OF directors provided.
and common stock OF the company.
equally; that is to say, Class A pre-
terred stock shall share equally with the
such dividends
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
paid the par amount OF such preferred
shares, together with accumulated dIvI-
be payable TO the holders of Glass 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 |
pany created or contracted subsequent |
TO the issuance OF such Glass A pre-
ferred stock
In case of any liquidation. dissolution. |
or winding up whether voluntary or In |
after th payment 10 the hold |
crs of Glass A preferred stock, at the |
par amount of such preferred shares. to-
gether with accumulated dividends there
on, above provided. the holders Of |
Glass b preferred stock shall be paid |
the par amount OF such Class r pre-
ferred shares, together with accumulat tea
dividends thereon prior TO the distribu-
ton OF any OF the assets or funds oil |
the corporation among the holders OF
the common stock.
Glass a preferred stock. and the pres.
ent outstanding preferred stock, which
shall he known hereafter as Glass B.
stock. shall have no right TO
'ote at. or participate In, the proceed
u the company. either general or spe-
,ial. but the holders and owners of the
common stock OF the company shall have |
he sole right TO participate in any such
special, and vote The shares OF the com.
non "a pital stock OF the company for |
he election OF directors and for the
of all other business OF the
And also, II the said articles shall he
'mendcd lc the foregoing particulars, 10
authorize and direct the board or direc-
orS OF said company TO cause the nee
imendment 10 be filed with the proper
'ounty and state officials OF the state
Il Utah
Said meeting will also be had and held
or The purpose of transactng such 9TH
r business as shall lawfully come before
esolution of The board OF directors OF
Seith o Brien company.