Middlebury register. (Middlebury, Vt.) 1886-1937, 1915-10-15

NERMONl
For the purpose OF
I. To construct and acquire by purchase,
lease or otherwise and to operate and maintain
power plants hydraulic and other works. sta
tons dams, storage basins transmission plants
and lines, transforming and distributing stations
and distributing circuits, pole lines, rights OF
way, and all other property and equipments fer
generating, transmitting, distributing and furnish
ing electricity. electrical currents and electric mo-
tive force for lighting. heating, motive power, and
any purpose whatsoever.
?. To acquire water rights and water power
and to construct reservoirs, dams, canals, diChes
fumes, pipe lines and other works plants, equip
ments appliances and appurenances for impound-
ing. storing, conveying, distributing and utilizing
water for fire sanitary and domestic purposes
and for power and manufacturing purposes and
to store, use. apply sell and otherwise dispose Of
water tor such uses
I. To buy sell let or hire, manufacture, con-
struct, erect install. alter and repair all machin-
cry, equipment supplies and appliances and all
kinds of articles which may be required in or de-
sirable for the promotion Of any business OF the
corporation.
With its principal office at NIddebury in the
| County of Addison in the State of Vermont, and
with capital stock of One Million Dollars divd-
ed into ten thousand shares OF One Hundred
| Dollars each.
OF said stock FIVE thousand shares shall be
preferred, and five thousand shares shall be COM
mon. and the holders of said preferred stock
shall be entitled to receive from the surplus or
! net profits arising from the business of the cor
poration fixed yearly dividend OF six per cent,
| payable semi-annually on the second days of
| January and July in each year beginning on the
second day OF July A. D.. 1913 before any divi-
bends shall be set apart or paid on the said COM
mon stock.
Should the surplus net profits arising from
the business of the corporation prior to any divi
dend day be insufficient to pay the dividend up
on the preferred ock, such dividend shall be
payable from the future profits and no dividend
| shall at any time be paid upon the common stock
! until the full amount OF six per cent per annum
upon all the preferred stock shall have been paid
or set apart. The holders OF said preferred stock
shall be entitled to no dividends beyond the six
per cent Aforesaid.
Upon dissolution or liquidation of the corpor-
alton the holders OF the preferred stock shall be
entitled to receive the full par value of their said
| stock and any dividends due and unpaid thereon,
before any payments are made on the common
stock and any property remaining shall be dstr-
buted ratably among the holders OF the common
| stock.
The holders of preferred stock shall have no
voting powers whatsoever nor shall they be EMIT
led to notice of any meeting of stockholders OF
the company.
Dated at Montpelier in the County of Wash
ington this 18th day at June A. D. 1918.
SUBSCRIBERS POST OFFICE ADDRESS
Charles II. Thompson,
No. Spring ST., Montpelier, VT.
Clarence P. Johnson,
Lexington, Mass
Robert L. Ryder,
No. IS Devonshire ST.,
Boston, Mass.
Ban croft Abbott,
Norwood Massachusetts.
| Frank A. Walker,
| City of Barre, VI.
And whereas the prayer of said petition is that
the Public Service Commission hold hearing to
determine whether the establishment and main
tenance of said corporation will promote the gem
eral good of the state and issue such necessary
orders and notices in the premises are required
10y the laws of the State OF Vermont.
Therefore notice is hereby given that Public
Service Commission will hold public hearing
upon said petition at the Addison House in Mid
debury in the County of Addison on the 18th day
OF November, 1918, at two o'clock in the after
noon and
! 1t is ordered that the petitioners cause this
notice and order to be published in the Middle
bury Register, a newspaper At Mddlebury in
said County OF Addison Tor three weeks success
lively, the last publication thereof TO be at least
twelve days before said Iath day OF November
1918.
Dated At Brattleboro, Windham County this
9th day of October. 1915.
ROBERT {. BACON, Public Service
WIN. X. WARNER. Commission
WALTER a. BUTTON. of Vermont
Office of Clerk. Filed Oct o, 1915.
| Attest;
NEIL ID. CLAUSON, Clerk.