The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
SPECIAL STOCKHOLDERS, MEETING.

SPECIAL STOCKHOLDERS MEETING.
meeting of the stockholders Of the
Keith o Brien company. corporation.
viii be had and held al the Office of Rad
company at It's place OF business. State
street and Broadway. Sci, lake cIiy
Utah. on Tuesday, the 10Th day OF
August 1913, at the hour of three
o CLOCK r. m. Of said day.
Said meeting will be had and held
Tor the purpose OF considering the ad-
Instability OF amending the articles OF
incorpors ton, and n deemed advisable
ton In the following respects:
To amend Article VI OF said articles
81 Incorporation. so as 10 read as fol-
Article VI. The amount OF the capi-
ndan ndaand 6o s1ocS OF this company shall be $3.50.
9oo.oo. divided into $500 shares Of the
iace or par value OF sl00 90 each The
SAID capital stock shall consist OF three
classes as follows; $500 shares thereof
shali be known and designated as Class
preferred stock; 300 shares thereof
as Class 3 preferred stock. and $500
shares thereof as common stock
TIE FOLDERS Of Class preferred stock
shall be entitled 70 receive, when and
as declared from the surplus or net
| earnings OF the corporation. yearly divi-
dcnds a the rate OF per cent per
aannum. anta. PAYABLE semi-a annually. OH the
dates 10 be fixed by the bylaws or by
| resolution of the board OF directors
The dividends on Class a preferred
stocK shall be cumulative and shall be
payable before any dividends on Class
preferred stock, or the common stock.
shall be paid or set apart so that, IT,
Tor any, year; dividends amounting to s
! per cent shall not have been paid there
I on, the deficiency shall be payable be-
| iore any dividends shall he paid upon
'r get apart, on the Class preferred
| Or the common stock
| Whenever cumulative dividends ON the
| CLASS a preferred stock for all previous
Years snail have been declared and shall
nave become. payable and the accrued
semi annual lnstallments for the current
| wear shall have been declared and the
company shall have paid such declared
cumulative dividends for previous years,
ment upon Class preferred stock. and
| snail have set aside from its surplus or
net profits sum sufficient for the pay
nent thereof, the holders Of Class r pre-
| ferred stock shall be entitled To receive,
| when and as declared from the remain
ing surplus or net profits of the cor
poraton. after the payment Of the cumu-
| latlYe dividends and the accrued semi
annual instsllment upon Class a pre-
| ferred stock, as aforesaid. yearly divi-
dends at the rate Of per cent per an
mum, and no more, payable serni-annual-
| The dividends on the Class B preferred
STOCK shan also be cumulative and shall
oe payable before any dividends on the
SO mat II. for any year. dividends
amounting TO 6 per cent shall not have
| peen paid on said Glass 3 preferred
stock. the deficiency shall be payable
before any dividends shall be paid up
on or set apart for the common stock
whenever all cumulative dividends on
me preferred stock, both Class A and
Class B, for all previous years. shall
nave been declared. and shall have be-
come payable. and the accrued semi
annual installments for all the preferred
been declared. and the company shall
have. paid such cumulative dividends for
previous years upon both classes of pre-
serped alrn STOCK In the order aforesaid. and
also such serni-annual installYnents IS
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 prof Is
and earnings of said corporation, pay
able at such time as may be by reso-
TO the holders Of Class A preferred stock
and common stock Of the company,
equally; that is TO say, Class pre-
ferTed 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-
dends thereon, before any amount shall
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 Class A pre-
| ferred stock
| In case OF any liquida ton. dissolution,
| or winding up, whether voluntary or In
| voluntary after tn payment TO the hold
ers of Glass A preferred stock. at the
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 pre-
| ferred shares, together with accumulat ted
dividends thereon. prior TO the distribu-
/ ton of any Of the assets or funds OF
| the corpora tion among the holders of
\ the common stock.
| Class preferred stock. and the pres
4 ent outstanding preferred stock, which
| shall he known hereafter as Class 3,
| preferred stock. shall have no right to
| vote at, participate In: the proceed
| iDgs 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
| 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. II the said articles shall be
| amended in the foregoing particulars, TO
authorize and direct the boa ri OF dlrec-
| tors of said company to cause the nee
| essary documents evidencinG such
amendment TO be flied With the proper