The Winslow mail., 1914-05-09

and dispose of its own stock and also
stock i'll other corporations, and to is
sue its notes, bonds, debentures or OBJ
legations from time to time, and Sc
cure same by mortgage, pledge, deed
OF trust or otherwise.
To conduct its business in all it's
branches and to have one or more
places OF business and business offices
and, without restriction, to contract,
buy, acquire, hold, improve, sell, lease,
let, mortgage, convey and otherwise
deal in and dispose of factories, stores,
company's buildings, machinery, and
such real and personal property in the
United States, territories, districts and
colonial possessions of the United
States and any foreign country which
shall from time to time be found nee
essary, eXpedient or convenient for
the purpose of the Company's bust
ness.
1t IS hereby expressly provided that
the foregoing enumeration of specific
powers shall not be held to limit or
restrict in any manner the powers of
this corporation, but said phrases
shall be construed literally, both as
to objects and powers
ARTICLE VIII.
The amount of authorized capital
stock of this corporation is and shall
be One Million One Hundred Thous-
and Dollars ($1,100, 100000, divided
into twenty thousand 100000 shares.
OF the shares authorized ten thousand
100000 shares shall be common stock
of the par value of Ten ($10.00) Dol
lars per share, which Is fully paid, non
assessable, and shall participate in no
distribution of profit or dividends Of
the corporation; and ten thousand
(10,O00O of the shares authorized shall
be preferred stock of the par value of
One Hundred ($100.0O) Dollars per
share.
The terms, conditions, limitations
and provisions upon which said pre-
terred stock is issued are as follows:
l. The preferred stock is and shall
be assessable for the obligations and
general business of the corporation.
2. The said preferred stock shall
be classified according to the invest
ments for which the same is sub
scribed, paid and delivered and the
property, cash, goods, wares and mer-
chandise subscribed, paid and deliv-
cred to the Company for each classifi-
cation of the stock, as hereinafter set
forth, shall be owned, held and used
only in that branch of the Company's
business for which the same was sub
scribed, paid and delivered, each be-
ing the business and property at the
location of the stores and business
named in the classification of stock
hereinafter set forth.
8. In addition to the provisions of
paragraph one above, each of said
claSSifications of stock shall be sub
ject to special assessments for the OBJ
legations of that branch of the cor
poration's business for which it was
originally classified and subscribed,
according to the location of the prop
erty, business and stores named in the
classifications of stock hereinafter set
forth-and said classification of stock
shall receive all dividends from said
branch of the Company's business.
4. The preferred stock shall con-
sist Of the following classifications;
No of
Shares Amount
$50 $4,000 KEMMERER, WY o M
ING, CLASS NO. 1.
which shall receive all
dividends of the Com
panys business in it's
store at Kemmerer,
Wyoming, and bear all
losses of the same.
90 5000 CUMBERLAND, WYO-
MING, CLASS NO. 2.
which shall receive all
dividends of the Com
pany's business in it's
store at Cumberland,
Wyoming, and bear all
losses of the same.
so 5000 URRAY, VI T A H,
CLASS NO. 8.
which shall receive all
dividends of the Com
pany's business in it's
store at Murray, Utah,
and bear all losses of
the same.
$50 $4,000 PRESTON, IDAH 10,
CLASS NO. A.
which shall receive all
dividends of the Com
pany's business in it's
store at Preston, Idaho,
and bear all losses of
the same.
80 5000 MALAD, IDAHO, CLASS
NO. 5.
which shall receive all
dividends of the Com
pany's business in it's
store at Malad, Idaho
and bear all losses OF
the same.
rs $500 RICHMOND, u T A H,
CLASS NO. 6.
which shall receive all
dividends of the Com
pany's business in it's
store at Richmond
Utah, and bear all
losses of the same.
$50 $1,000, REXBURG, D A H o,
CLASS NO. Z.
which shall receive all
dividends of the Com
pany's business in it's
store at Rexburg, IDAHO
and bear all losses of
the same.