The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-31
SPECIAL STOCKHOLDERS MEETING

SPECIAL STOCKHOLDERS MEETING.
Notice is hereby given that a special
meeting OF the stockholders OF the
keith-O'B Brien company. a corporation:
VIII be had and held at the office Of said
street and Broadway. Salt Lake City,
Utah. on Tuesday. the 2sth day OF
August. 1913, at the hour of three
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, If deemed advisable.
ton in the following respects:
TIC amend Article VI Of said articles
OF incorporation. SO as to read as fol-
ARTICLE VI The amount OF the capi-
| tai stock of this company shall be $780,
10000. divided into $500 shares OF the
face or par value OF $4,000 each. The
| classes as follows: $500 shares thereof
| shall be known and designated as Class
A preferred stock; $500 shares thereof
as Class B preferred stock. and $500
shares thereof as common stock.
The holders Of Class A preferred stock
| shall be entitled 20 receive, when and
as declared from the surplus or net
dends at the rate OF s per cent per
annum. payable serni-annually. on the
| dates to DE fixed by the bylaws. or by
4 rSSOIutlOn Oh CQS DOaTQ OF directors.
The dividends on Class A preferred
stock shall be cumulative and shall be
payable before any dividends on Class
B preferred stock. or the common stock,
for any year, dividends amounting TO s
per cent shall not have been paid there
on, the deficiency shall be- payable be-
fore any dividends, shall be paid upon;
or get apart on the Glass B preferred
or the common stock
Whenever cumulative dividends on the
Class a preferred stock for all previous
| years shall have been declared and shall
have 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.
and such accrued semi Install
ment upon Class A preferred stock and
! shall have set aside from its surplus or
net profits sum sufficient for the pay
ment thereof, the holders OF Class B pre-
| ferred stock shall be entitled 10 receive
when and Is declared from the remain
| Ing surplus or net profits OF the cor
poration, after the payment OF the curnu-
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 be cumulative and shall
be payable before any dividends on the
so that. if, for any year. dividends
amounting to 8 per cent shall not have
been paid on said Class B preferred
stock. the deficiency shall be payable
before any dividends shall be paid up
on or set apart for tine common stock,
Whenever all cumulative dividends or
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 installments for all the preferred
stock for, the current years shall hayS %
have paid such cumulative dividends for
previous years upon both classes Of pre-
ferred stock in the order aforesaid, and
also such semi annual installm en- Is
thereon, as aforesaid. or shall have sci
aside from Its surplus or 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
able at such time as may be by reso-
luton of the board of directors provided
to the holders of Glass A preferred stocf
equally; that is to say, Class A pre-
ferred stock shall share equally with th'
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 preferred stock shall be
paid the par amount of such preferred
shares, together with accumulated dlvi-
dends thereon, before any amount shal
be payable 10 the holders OF Class L
preferred stock. or common stock. anc
shall likewise be paid such par amount
of such preferred shares before the pay
ment Of any Indebtedness OF the com
pany, crea ted or contracted subsequent
to the issuance OF such Class pre-
ferred stock.
In case OF any liquidation, dissolution
or winding up. whether voluntary or in
voluntary, after Tn payment TO the hold
A fly. rf~ h
par amount Of such preferred shares. to-
gether with accumulated dividends there
on, as above provided, the holders OF
Glass preferred stock shall be paid
| the par amount of such Class B pre-
ferred shares, together with accumulated
dividends thereon. prior TO the distribu-
ton of any of the assets or funds OF
the corporation among the nolderS OF
| the common stock
Class a preferred stock and the pres
ent outstanding preferred stock which
shall be known hereafter as Class b
preferred stock. shall have no right %
vote at. or participate In. the proceed
| ings of any meeting of the stockholders
of the company. either general or spe-
| ciaI 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
| mon capital stock of the company, for
the election Of directors and for the
transaction of all other business of the
| company
And also If the said articles shall be
amended ir the foregoing particulars. TO
authorize and direct the board OF direc-
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
| OF Utah.
! Said meeting will also be had and held
| for the purpose Of transacting 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 Bricn company
JENNIE b. MORGAN.
Secretary.
/ GiNlk