Free trader-journal. (Ottawa, Ill.) 1916-1920, 1917-05-02
OFFICE OF
THE CHICAGO, sRoCk ISLAND AND
PACIFIC RAILWAY COMPANY. =

pany, duly called by majority Of all the
directors, WIN be held at the Office OF the Com
u the city Of Chicago. County OF Cook. and
S S,a'e OF Illinois. on Thursday, the twenty .drst
aay OF June. 1917. at ~ O'Clock A. NJ. for
wha,Ph rpose OF considering. voting and deciding
Whether the stockholders OF the Company will
CONSENT to and will authorize:
| INST. The amendment OF Article v. Clause
,,.om %. the Articles OF Consolidation Of June 2.
ra.S IA. ~ amended from time TO time. SO as to
t1au SUBSTANTIALLY as follows with such changes.
ailerauons and additions rs such special meet
,,l, The Capital Stock q The Chicago, Rock
sohdnteu corporation hereby created shall be
UNITED to the sum OF One Hundred ard Forty
MILLIONS Unions DOLLARS. until the amount thereof is
rnnsa, py an amendment to these Articles Of
provided: The said Capital Stock shall he
divided into shares, each OF which shall have
! par value OF One Hundred Dollars. and shall
oisehage OF the obligations Of the Company
ana for corporate purposes at such times and
On such terms and conditions az the Board Of
i n,rse,1rs OF the Executive Committee may
or said Capital Stock Seventy i've Millions
dollars par value, being the present authorized
share capital Of the Company shall be, and
shall hereafter be known and designated as.
common Stock, and the nemaining Sixty-nve
Millions Dollars par value shall be Preferred
stock entitled to preferences and priorites over
the other rights and d praterences following viz.
"a Thirty Millions Dollars par value OF
said Preferred Stock shall be seven ~ per
cent. preferred stock entitled to dividends up
to but not exceeding seven GD per cent. In
any. fiscal year before any dividend shall be
paid upon the Common Stock. and entitled
further from and after May 1. 1917. to cumu-
latlon OF dividends unpaid up to but not ex-
ceeding the rate Of Ave (5) per cent. per an.
mum, such accumulated dividends to be paid In
full before the payment Of any dividends upon
the Common Stock entitled equally with the
described, to be preferred In the distribution
OF asse@ upon Insolvency or dissolution OF the
Company over the Common Stock In the pay
ment Of the entire par value Of preferred stocks
Of both classes. plus any unpaid dividends ut
said rate OF FIVE 80 per cent. per annpm thea
accumulated thereon. before any payment or
ses sn,e sa Be- o @ss % the
over the six t6) per cent preferred STOCK, here
matter described, to the extent Of one %
per cent in any fiscal year. which shall BE- nrst
before any dividends shall be declared upon the
said six 90 per cent preferred stock but. after
the declaration aud payment or setting aside Of
entitled to share equally with the said six (ej
per cent. preferred stock as to further dividends
declared and paid on both SAID ,clstses of pre-
ferred stock and redeemable In whole but not
raneously with the ak (6l per cent preferred
stock, hereinafter described. on any dividend
payment date at One-hundred and Ave dollars
clrmulated FIVE t5) per cent. dividends accrued
thereon, upon notice Of redemption given 40
sn,r Ryosied Million, mar ,.oe
Of said Preferred Stock shall be six tSl per
cent. preferred stock, entitled to dividends up
to but not exceeding six 20 per cent.. In any
fiscal year before any dividend shsll be paid
upon the Common Stock and entire further
to cumulative dividends Us follows. ,is.s (s) a.
to Twenty Millions Dollars par value thereof.
from and after July Is, 1919, and (b) as to
lions Dollars par value thereof from and after
such date or dates as the Board Of Directors
may at any time or from time to time, prior to
the issuance thereof, determine, to curnulaton ),
the rate Of Ave 90 per cent per annun. such
accumulated dividends to be paid 10. full before
The payment Of any dividends upon the Common
Stock entitled equally with the seven 10 per
cent preferred stock, hefeinabove described, to
be preferred In the distribution OF assets upon
or dissolution of the Company over
oar value OF the preferred stocks Of both classes.
illus any unpaid dividends at said rate Of fve
81 per cent. per annum then accumulated
hhereon, before any payment Or distribution r,,
he preference as to dividends Of the seven 90
'er cent. preferred stock, to the extent OF one
~ per cent. In any fiscal year which shall be
lrst declared and paid Or set aside for payment
ipon the seven (7) per cent preferred stock
,efore any dividends shall be declared tpbn this
Tx f6) per cent. preferred stock, but after the
and payment Or setting aside Of
uch one a per cent. in any fiscal year en-
tiled to share equally with the seven T) per
.ent. preferred stock as. to further dividends
declared and paid on beth said classes OF
,ut not in part. either independently Of OF
with the seven ca per cent.
Preferred stock, on any dividend payment date
hare plus the amount OF an unpaid cumulative
I've 90 per cent. dividends accrued thereon,