The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1919-06-26
First Publication June 10. 1919
STATEMENT OF REDUCTION
and
CERTIFICATE DECREASING CAPITAL

T. II
STATEMENT OF REDUCTION
CERTIFICATE DECREASING CAPITAL
STOCK.
SIMMONS COMPANY, a cooperation of
the State of Delaware, by its President
and Its Secretary, and q majority OF its
Directors does hereby certify:
T. That the principal Office of the COM
panys is located at Nos 925-927 Market
Street, in the City of Wilmington. County
of Newcastle and State of Delaware. and
that the agent therein and in charge there
Of upon whom process against the corpora
ton may be served Is Corporation Charters
Company.
1919, pursuant to a call of the President,
and upon notice given to each STOCKHOLM
er as provided in the Bylaws and By
law, a special meeting Of the stockholders
Of the company was held at which meeting
1888 shares, being more than two thirds
Of the capital stock of the company issued
and outstanding and entitled to vote.
were present or represented, and voted in
favor of the resolution Is follows
ssWHEREAS, the amount of the total
authorized capital stock of this corporation
is thirteen million N13.000. 00000) dollars,
divided into one hundred and thirty thou
sand 130.0O0) shares Of the par value OF
one hundred 100000 dollars each and
of said authorized capital stock thirty
thousand 100000 shares amounting to
three million (3000,0 00.00) dollars is Pre-
ferred Stock. and one hundred thousand
t100.000 shares amounting to ten million
40, coo, 100000 dollars is Common Stock
and
WHEREAS, Of said thirty thousand
f30G00) shares amounting to three mil
lion 100000. G00) dollars of Preferred
Stock, twenty three thousand four hum
dren and thirty-six l23,436). shares amount
ing to two million three hundred forty
three thousand and six hundred e, 343,
100000 dollars is issued and outstanding,
and six thousand five hundred and sixty
four (6,564) shares amounting to six hun
dred fifty-six thousand four hundred
1866 100000 dollars is unissued, and
WHEREAS 1t is deemed advisable that
the capital stock of this corporation be
reduced to ten million (10,000, 10000 dol
lars TALL Common Stock. and that the
decrease be effected by retiring thirty thou
sand 100000 shares. being all of the Pre-
ferred Stock, amounting to three million
(3, 600 000.00l dollars, and
WHEREAS, all of the debts Of said cor
poretion have been paid and discharged
except those which are otherwise fully
secured,
NOW, THEREFORE,. BE 1T, AND IT
HEREBY IS, RESOLVED, that the capital
stock of this company be reduced to ten
million t10,e0o,0 ool dollars divided into
one hundred thousand (100,000l shares OF
Common Stock of. the par value of one
hundred 10000 dollars each, and no
Preferred Stock by retiring on August i
1919, lbeing dividend date not less than
forty (40) days after this meeting) thirty
thousand (30,000) shares lof Preferred
Stock amounting to three million f3,000-
100000 dollars. being al Of tho preferrea
Stock authorized by the Certificate Of In
corporation as amended, at the price oI
one hundred and ten (110.00) dollars per
share for all of the Preferred Stock issued
and outstanding, plus accumulated and
unpaid dividends thereon, and
BE III, AND 1T HEREBY is, FURTH-
FIR RESOLVED that a statement of the
reduction be signed and acknowledged by
the President and a majority of. the Direc-
tors, before. an officer authorized by the
Laws of Delaware to take aeknowledg
ments Of deeds, to be the act and deed of
the signers, respectively and that the facts
therein stated are truly. set forth, which
statement shall be filed In the office of the
Secretary of State of Delaware, and a GER
tilted copy thereof recorded in the office of
the Recorder Of the County of Newcastle.
Delaware, where the principal office of the
said Company in Delaware is located and
BE 1T, AND 1T HEREBY IS, FURTHER
RESOLVED, that the certificate decreasing
the capital stock as aforesaid, be published
for three Cd weeks successfully, at least
once in each week, In a newspaper pub
Hshed in. the county Of Newcastle, Della
ware and in a newspaper published in Ke-
nosha county, Wisconsin, the first pub
Hcation to be made within fifteen I15) days
after the fling OF said certificate as afore
said y
g. That at said meeting of the stock
sented to in writing by the stockholders
OF said company present or represented at
said meeting as aforesaid, which said writ
ten assent is hereto appended.
4. That 14.284 shares Of the Preferred
Stock, which, with the Common Stock
asserting thereto. is more than two thirds
of all of the Stock issued and outstanding.
filed with the Secretary Of the company at
said meeting their written consent to the
retirement of the Preferred Stock of the
ital stock of the company, copy of the
form of which consent. together with the
list of Preferred Stockholders and the
amounts Of preferred stock held by each
is hereto appended.
s. That 1925 shares of the Common
Capital Stock of said corporation are is
sued and outstanding and entitled to vote.
8. That 23436 shares of the Preferred
Stock of said company are issued and out
Z. That the Board Of Directors is com
posed of eighteen (18l MEMBERS
IN WITNESS WHEREOF. the said
SIMMONS COMPANY has caused this
Statement Of Reduction and Certificate
its President and Secretary, and its cor
perate seal to be herennto affixed, this 31st
SIMMONS COMPANY.
BY q. G. Simmons,
President
Attest: o. Ban1 d'Aoust,
corporate Seal Secretary.
DIRECTORS:
Y. L. Award; J. c. Ferris: John f..
Gail; q. G. Simmons; G. H. Milne; IA. Fl.
Lance; Q. BanI. d'Aoust; Alfred Terrell
Chester d. Barnes and c. H. Sehweppe,
STATE OF WISCONSIN,
COUNTY OF KENosHA. 80
Re II rQmar hQpp6 that on Nfhic c+ dow
Of May. a. d. 1919, before me the under
signed a Notary Public, in and for the
State Of Wisconsin, personally came 2. G.
SIMMONS, President and @. B. d'AOUST,
Secretary Of SIMMONS COMPANY, to
me personally known and to me known to
be such officers of said camnanx and nor.