The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-04
SPECIAL STOCKHOLDERS MEETING.

| SPECIAL 81 JOCkHOIDEHS WEE iNS'
Notice is hereby given that a special
Will be had and held at the office OF said
| company. at IT'S place or business. state
street and Broadway, Salt Lake City.
Utah. on Tuesday, the 96th 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.
visibility OF amending the articles OF
incorporation. and; II deemed advisa BILE,
ton in the following respects:
To amend Article VI OF said articles
OF Incorporation, so as to read as fol-
lows:
Article VI The amount OF the capi-
tai stock Of this company shall be $780,
100000. divided into $500 shares Of the
face or par value OF $4,000 each, The
said capital stock shall consist Of three
classes as follows: $500 shares thereof
shall be known and designated as Class
preferred stock; 2500 shares thereof
as Class b preferred stock and $500
shares thereof as common stock
The holders OF Class A preferred stock
shall be entitled to receive, when and
as declared from the surplus or net
earnings of the corporation. yearly divi-
dends at the rate OF per cent per
annum. paya BILE semi-annually. on the
dates to be fixed by the bylaws. or by
resolution OF the board of directors.
The dividends on Class preferred
stock shall be cumulative and shall be
payable before any dividends on Glass
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 preferred stock for all previous
years shall have been declared and shall
my ma ha
seni-annual installnents for the current
year shall have been declared and the
company shall have paid such declared
cumulative dividends for previous years.
and such accrued sem-annual install
ment upon Class A preferred stock, and
shall have set aside from It's surplus or
net profits a sum sufficient for the pay
ment thereof, the holders of Class 3 pre-
terred stock shall be entitled to receive.
When and as declared from the remain
Ing surplus or net profits Of the COR
lative dividends and the accrued semi
annual installment upon Class pre-
ierred stock. as aforesaid. yearly divi-
dends at the rate of per cent per an
ly.
The dividends on the Class preferred
stock shall also be cumulative and shall
be payable before any dividends on the
common stock shall be paid or set apart,
so that. II, for any year. dividends
amounting to per cent shall not have
been paid on said Glass preferred
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
have 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-
ferred stock, In the order aforesaid, and
thereon. as aforesaid. or shall have set
aside from It's surplus or net profits a
sum sufficient for the payment thereof.
as aforesaid, the board of directors may
and earnings OF said corporation pay
able at such time as may be by reso-
luton of the board OF directors provided
to t Il the holders Of Class A preferred stock
equally: that is TO say, Class 4 pre-
ferred stock shall share equally with the
common stock in the distribution OF any
such dividends
In case OF any liquida ton dissolution,
or winding up. whether voluntary or in
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 3
preferred STOCK, or common EtOCR, ana
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 pre-
ferred stock.
In case of any liquidation. dissolution.
or winding up, whether voluntary or In
voluntary; after tn payment TO the hold
ers OF Class A preferred stock at the
par amount of such preferred shares. to-
gether with accumulated dividends there
on. as above provided. the holders OF
Class B preferred stock shall be paid
ferred shares. together with accumula ted
dividends thereon. prior to the distribu-
ton of any OF the assets or funds of
the corporation among the holders Of
the common stock,
Glass a preferred stock. and the pres
ent outstanding preferred stock, which
preferred stock shall have no right to
vote at, or participate in, the proceed
ings OF any meeting Of the stockholders
OF the company. either general OF .spe-
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 in the foregoing. particulars, to
authorize and direct the board of direc-
tors of said company to cause the nee
essary documents eyldencing such
amendment 10 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
CT business Is shall lawfully come before
II.
This meeting Is called pursuant to A
resolution OF the board Of directors OF
Keith O'Bren company.
JENNIE B. MORGAN,
Secretary.