The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-01-20
LEGAL NOTICE
office OF
Secretary of the Commonwealth


Secretary of the Commonwealth,
Richmond, virginin. nr
CREASE AND RETIREMENT 0F
STOCK BY TOBACCO PRODUCTS
Richmond Va. Dec. IS. 1914.
The undersigned. being respectively
q vice-president and the secretary OF
Tobacco Products Corporation, a cor .
poration organized under the laws OF
Virginia, do hereby certify as follows:
81 That the board of directors OF
the said corporation at meeting duly
held on December IA, 1914 declared ii
advisable to reduce the outstanding
preferred capital stock of the corpora
ton from eighty thousand so.ooel
shares of the par value Of one hundred
dollars t1o0) each to seventy thousand
go. 0oo) shares of the par value of one
hundred dollars 01oo) each. such reduc-
ton to be accomplished by the retire
meut Of ten thousand 100000 shares %
preferred stock. now owned by SAID
corporation and purchased by 1t for
that purpose: and called special
meeting OF the stockholders as re-
CURED by law. to take action thereon:
ca That notice In writing oi
such meeting. stating the time ana s
the amount by which it is proposed
to decrease the capital stock, was given
to each stockholder of record, by mail
ing IT to him, addressed to the postof-
III appears upon the stock books OF
the corporation, at least ten Gays
prior to said meeting. to wit: on the
18th day of December. 1919.
holders OF said corporation so-called
as aforesaid was held December IS
1914; at which more than thirds
in amount of the stockholders OF tins
corporation entitled to vote wer<
present In person or by proxy.
90 That at such meeting more than
two-thirds in amount of all the stock
holders of the corporation entitled
to vote. voted In favor OF decreasins
the capital stock to an amount not
less than that mentioned in such no
tice, and which was not less than
the minimum amount of authorized cap
ital of the corporation, and imam
mously adopted the following resoiu-
ton;
whereas. by it's amended charter
this corporation now has issued and
outstanding a total of $4,000 shares OF
common capital stock and a totai OF
stock: and
whereas, of said so, 900 share. of pre-
ferred capital stock. 10000 shares nave
heretofore been purchased by this cor
poration at the fair market value
thereof. not exceeding par. for tho pnr
pose of retirement and are now owned
by this corporation: and
Whereas. the actually issued and
outstanding stock of this corporation
has been found to be more than sufd,
cient for Its purposes, and TX 10 beiieveo
TO be for the best interests OF this cor
poration TO decrease it's outstanding
preferred capital stock to 10000 shares
and
whereas, such decrease will not de
crease the capital stock of this. cor
poration to less than the Minimum
fixed by it's charter:
Now, therefore, be II
Resolved. that such dscreAae OF tbs
capital stock of this corporation b
accomplished by reducing the out
standing preferred capital stock ~
aforesaid from $4,000 shares Of the pa,
the par value of tiee each BY fstir,
ing and canceliing 10000 shares Of
the preferred capital stock owned 81
this corporation and purchased by II
Further resolved, that the Officers
of the corporation be and they hereb,
| are authorised. empowered and ~ +.
rected to take such further action ant
other documents A. In their discretion
and on advice of counsel may be re-
garded necessary or expsdient to DE
crease the capital stock by the retire
said. and particularly, but in ne wis
| limiting the above, George l. Storm
q vice president of the corporation. ant
Gray Miller secretary OF the corpora
tion. are hereby authorised. empowsret
and directed to execute on behalf Of
| the corporation, a certificate In sub
stantiaIfy the form submitted to thii
meeting. and to affix the corporate
seal thereto.
| In witness whereof, we have hereunts
set our hands and seal of the corpora
! tion this 2Sth day of December, lsl4
! GEORGE l.. STORM.
| Vice Pr eside I
tSeaD
Attest:
Gray Miller.
! Secretary.