The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-20
sFEcIAL 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.
| Utah, on Tuesday. the 26th day OF
August 1913, at the hour Of three
Said meeting will be had and held
for the purpose OF considering the ad-
Visibility OF amending the articles OF
incorporation. and, if deemed advisable,
TO amend the said articles Of incorpora-
TO amend Article VI of said articles
| article VI, The amount of tho capi
M tal stock Of this company shall be $780,
| said capital stock shall consist of three
classes as follows: 45oO shares thereof
A preferred stock; 25oo shares thereof
| as Class preferred stock and $500
shares thereof as common stock
The holders OF Glass A preferred stock
shall be entitled to receive when and
as declared from the Surplus or net
earnings OF the corporation, yearly divi-
annum, payable semi. a annuaily. on the
dates to be fixed by the bylaws, or by
reSolution Of the board Of directors.
stock shs bs Class ed
payable before any dividends on Glass
rbIm preferred fs stock, or the common stock
| SiiIii De pdlu or set apart SO tnat, 1T,
for any year, dividends amounting to s
per cent shall not have been paid there
Gn 9ore me deficiency shall be PAYABLE be
lore any dividends shall be paid upon
or get apart on the Glass B preferred
or the common stock
| whenever cumula tive dividends on the
years shall have been declared and shall
| have become payable and the accrued
semi annual insta!lments for the current
year year shall have been declared and the
L mi ct1nh 1aN ro6
cumulatiye dividends for previous years
and such accrued semi annual INSTALL
shall have set aside from its surplus or
net profits sum sufficient for the pay
ment ent, thereof. the holders OF Class q pre-
Ie5red r,hn stock shall be entitled to receive,
ing surplus or net profits of the cor
poration, after the payment of the cumu-
annual installinent upon. Class A pre-
| ferred stock, as aforesaid. yearly divi-
dends at the rate of per cent per an
num- and no more, payable seml-a nnual-
The dividends on the Class preferred
STOCK shall also be cumulative and shall
common stock shall be paid or set apart,
so that, II. for any year. dividends
amounting to 6 per cent shall not have
stock, the deficiency shall be payable
before any dividends shall be paid up
on or set apart for the common stock
the preferred stock. both Class A and
Glass B. for all previous years, shall
have been declared. and shall have be-
annual installments for ali the preferred
stock Tor the current. years shall have
been declared. and the company shall
previous years upon both classes of pre-
ferred stock. In tho order aforesaid. and
also shs1oon such ,asans. ssmi,annual nstalmeuts
aside from Its surplus OF net profits q
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. pay
a,,an able at t, such ,s tins M az a nay Be BY Ieso
and common stock of the coinpa ny.
equally; that Is to say. Class A pre-
; ferred stock shall share equally with the
common stock in the distribution of any
such dividends
In case of any liquidation, dissolution.
voluntary, after the payment to the hold
ers OF Class A preferred stock shall be
paid the par amount Of such preferred
shares, together with accumulated divi
dends thereon. before any amount shall
: be PAYABLE to the holders of Glass 4
preferred stock. or common stock. and
shall likewise be paid such par amour,
of such preferred shares before the pay.
nent OF any Indebtedness OF the com
to the issuance of such Class pre-.
ferred stock.
: In case OF any liquidation dissolution
OF winding up, whether voluntary or In
voluntary after III payment to the hold
ers OF Glass A preferred stock. at this
par. amount of such preferred shares to-
Z gether with accumulated dividends there
on. as above provided 1.-The holders o
Class preferred stock shall be pale
9 the par amount OF such Olnss pre-
. ferred shares, together with accumuIs tet
5 dividends thereon, prior to the distribu,
3 ton Of any OF the assets or funds Of
the corporation among the holders o.
the common stock,
Glass A preferred stock, and the pres.
= ent outstanding preferred stock. which
shall be known hereafter as Glass B
preferred stock. shall have no right I,
;. vote at, or participate In. the proceed.
ings Of any meeting OF tho stockhoder er.
OF the company. either general or spe.
cial but the holders and owners OF ths
common stock OF the company shall hav.
the sole right to participate in any sucl
stockhoIders' meeting, either general o.
: special. and voto the shares OF The com
Q mon capital stock of the company, fo
n the election OF directors and for tn,
o transaction OF all other business OF th'
IS company"
: And also. II the said articles shall bt
s amended ir the foregoing particulars. /,
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