Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-08-27
Notice Of Amendment 70 Articles Q
incorporation Of G. A. Durham Gem

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Notice Is hereby given: That ct q
special meeting of the common stock
holders Of c. A. Durham Company Of
Marshalltown. Iowa, held at its Office "a
Marshalltown, Iowa, on May u. 1918
called for the purpose Of amending III
articles Of Incorporation. the said
articles were amended in the following
particulars:
Article " Of said articles OF incor-
p~oration was amended to read az fol-
lows:
ARTICLE ~.
The amount Of capital stock author
lied is 81. 900. 900. 90; $500. 100000 thereof
to be common stock and in shares Of
$1,000 par value each. and $500. 10000 td
be preferred stock in shares Of $100.00
par value each: the latter bearing not
TO exceed s per cent cumulative annual
dividend: said dividend to be deter
mined and fixed by the board OF direc7
tors at the time Of issuing said stock
preferred stock dividend shall be pail
quarterly: and all said preferred stoc
shall be preferred as to assets and div
bends Of safd corporation. The pr4
ferred stock shall have no voting pow4
at any stakeholder or other corporal
meeting. and 1t may be purchased
any time by the corporation for I'll
purpose Of retirement. by paying I'll
owner thereof its par value. plus q
accumulated and unpaid dividen
thereon. And in case Of dissolution
the corporation, or in the event Of Il
distribution of its assets, the holder b
owner Of such preferred stock In an
event shall not be entitled to n g
the assets Of said corporation : eyes
Of par value thereof plus. 6cumu
lated and unpaid dividenAqp ehereon
a rate not in excess Of bsr e.nsps
Article WI Of said articles of2tnAeEj
poration was amended to read 43sxSsf
lows:
ARTICLE VII. u
The regular annual meetings
stockholders and for election Of dire4
tors OF the corporation shall be held
the corporations Office In Marsha1)
town. Iowa, on the third Tuesday
February OF each year. beginning
1919, and notice Of such meeting 1hs
be given in writing by the president
tho corporation to all common stocl#
holders by mailing tho same 70 cad
common stakeholder, addressed TO hR
or her last known postonce addree
I'VE days before the date Of the meef
ing. All officers Of this c~oFporatid
shall hold Office for the term OF on
year or until their ~successors are elect
ed and have qualified. Every directda
shall be a stakeholder of common stoc3
In the corporation. and II any directda
shall part with his holdings OF commcI
stock In this corporation, he shall 4
once cease to be a director. and U
vacancy may be declared az once there
after. The board of directors may al
all vacancies occurring In its member|
ship, for any cause between annuy
elections, by the appointment Of qua5 Z
fed person or persons to hold ONCE
the remainder Of the term. A F,h
meeting Of the common StocE$4J
may be called at any time By tHesAN
dent by giving ten days notlc&hefS
in writing to the common stockholdersyl
the said notice to; be mailed toEeach
common stockholder at his or her last
known postofice address: and q special
meeting shall be called by the president
at any. time on written request there
for Of the stockholders owning sone-hal1
Of the total number Of shares Of III
common stock then issued and 0nt
and 3: Gaze cs hae maelecf- o.!
refusal to call a meeting on such rel
quest, then the stockholders ownina|
one-half Of the total number Of shared
Of common stock then issued and out
standing. may Join. in a call for q spN
cial meeting of the common STOCKHOLM
ers, which meeting shall be. Of the .safnH
force and effect az tho called by TN
president. At all meetings Of the com4
mon stockholders. each stockholddI
shall be entitled to m vote Tor ea4
share OF common stock owned by hin
which vote he may cast in person
by written proxy which shall be. M
with the secretary OF the corporAtJ
at least one day before the date oft4
meeting; none but a holder Of comma,
stock shall act as proxy for ancthes
And C. A. Durham. president Of c..
Durham Company, was ~ the ~
meeting duly authorized to ex~ecutes1
and complete the said amendment %
the said articles on behalf Of the cor
poration as required by law.
Done at Marshallfown, Iowa. An1
2 1915.
c. A. DUNBAR COMPANY. ~
BY G. a. punhan si
2AE