The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-14
SPECIAL STOCKHOLDERS MEETING.

meeting Of the stockhoiders Of the
A@ith- h.e G, Brien company. corporation;
company at its place OF business State
street and Broadway, Salt Lake City.
August 1913. at the hour OF three
Said meeting will be had and held
for the purpose Of considering the ad-
,y,sa6ity ,nsafanty Of amending the articles Of
10 amend the said articles OF incorpora-
aon on IN the following respects:
lows:
Article VI. The amount OF the capi-
6an 6ad 66 stock OF this company shall be $780,
said capital stock shall consist Of three
classes as follows: $500 shares thereof
sha1l oe known and designated as Glass
as Class B preferred stock. and $500
shares thereof as common stock
shall ahe bs holders an,i, Of Class preferred stock
as declared from the surplus or net
earnings Of the corporation. yearly divl-
a aends a the rate Of per cent per
Gates TO be fixed by the bylaws. or by
resolution Of the board Of directors.
Inc dividends on Class a preferred
5a S.ock Na h,s shall be cumulative and shall be
payable before any dividends on Class
preferred stock, or the common stock,
sIiaH De paid or set apart, so that II,
Lor any year; dividends amounting to 8
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
OF the common stock
whenever cumula tive dividends on the
Siass preferred stock for all previous
years shall have been declared and shall
nave nave become payable and the accrued
ll1,o 70 frr h., =
year Shall have been declared and the
company shall have paid such declared
eumulat tiye dividends for previous years.
ana such ACCRUED seml-annual INSTALL
ment upon Class A preferred stock. and
shall have set aside from its surplus or
net profits a sum sufficient for the pay
rnent thereof, the holders OF Glass 3 pre-
Ierred stock shall be entitled 10 receive,
wnen and as declared from the remain
ing surplus or net profits of the cor
poIatlon; after the payment of the cumu-
! latlVe dividends and the accrued semi
annnal lnstallment upon Class A pre-
Ierreo stock, as aforesaid, yearly divl-
aends at the rate OF per cent per an
mum. and no more. payable semi annual
The dividends on the Glass B preferred
STOCK shall also be cumulative and shall
common stock shall be paid or set apart.
80 That; H., for any year. dividends
amounting bnsn Ing to per cent shall not have
stock the deficiency @ S s6a be pTesSarSle paya ble
before any dividends shall be paid up
on or set apart for the common stock,
whenever all cumulative dividends on
the preferred stock, both Class A and
Glass B, for all 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
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-annuaI installments
thereon. as aforesaid. or shall have set
aside from Its surplus or net profits a
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,
10 the holders OF Class a preferred stock
and common stock OF the company
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,
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 divi-
dends thereon. before any amount shall
be payable to the holders OF Class r3