Evening journal., 1919-04-14

bNlAi thAtNi OF IittLiuuS.
LAMBERT j. FOULK, Secretary.
apr2lo26
! CERTIFIcATE or REDUCTION or
- CAPITAL STOCK OF HATO DEL
MEDIC SUGAR COMPANY
] kNOW ALL MEN BY THESE PRES
3 LNIs, that ANDRES S. DUANY president
Of the HATO DEL MEDIC sI-GkR COM.
fAN1i Delaware corporation having its
principal Office at No West Tenth street
CITY OF Wilmington. county Of New Castle
ind having an office for the transaction Of
business IN the city OF Santiago dc Cubs.
suba; and ANDRES $. DUANY. MIGUEL
~ EERRER. RAYMOND 4. JONES.
\, MAi1lE NJ ~ ~ DOUGLAS BROOKS and LUIS
n; bJANA, heiug all Of the five directors
~ the hald corporation. do hereby certify
that the following resolution was unani-
housiy adopted by vote Of All Of the hold
eis or the preferred stock and Of all the
common stock Of the said corporation. en-
utied 10 vote. az a special meeting Of the
stockholders Of the corporation, held pur-
euaut 10 upwards OF twenty days' notice NJ
the Office Of the company. mi santiago de-
'uba; cuba. on the lfth day Of March 1919 .
hLSoLkLD. That the authorized cant
,a ~, ,.Is ,ss9ek OF the HAIO del MEDIC SUGAR
toMFANl be reduced from tho present
amount OF Three Million Dollars (S3 600 O0Ol
PVT value, divided into ten thousand nOOOOl
snaIes OF preferred stock and twenty thou
rahu i-Viruul shares Of common stock Of
the par value OF One Hundred DoIlaTs
lSioeVll each, 10 Two Million Dollars
iN@VuOOuO) par value consisting Of sIv
y, teoesahd ,.ea six hundred and sixty-six
io,oool shares OF preferred stock and thlr-
teen thousands, three hundred ana thirty
l1uf tl5fh5t shares OF common stock Of
ne ne par value u one Hundred Dollars
lSlOOl each and that for that nurpose
the Certificate Of fncOrporatlou Of tho said
corporation be amended hy striking ont
paragraph Fourth as II now Glands and
inserting In lieu thereof, the following
"FOURTH: The total authorized cant
iiM stock of this corporation is Two Mil
ION Dollars ($2.0OO,OO0l par value. divided
INTO twenty thousand (2O.000) shares OF the
par value Of One Hundred Dollars lSI09l
each, OF which six thousand six hundred
ana siNty-six fG.60Gl shares shall be pre- /
lerlSa STOCK ana thirteen thousand three /
huhured ana thirty-fOur ft333I shares !
shail he common stock. The holders of the 4
'aid six Thousand, six hundred and sixty /
'iN lpebbl shares of preferred stock shall 4
be entitled TO receive dividends al fbe rafe
lt seven per ccntum f1 pctD per annum and
no more, payable quarterly half yearly or
early. as and when declared by the Board |
II directors before any dividends shall be
lecmleu, set apart Tor or paid upom the
common stock said dividends shall be
cumulative, that Is to say that any deficit
mere mere may be In the payment Of said divi-
iehus upon the said preferred stock in any
lscal year. shall be made up and pnif.
without Interest, out OF the net profits or
,urpius OF subsequent years. before any
itvidonds shall be declared set apart for
erred stock shall not. however he entitled
10 participate I'm any other or further dis
rihution of the profits OF the company
ihe SAID preferred stock shall be eutitlodI
10 be paid IN full ont Of the corporate nssets |
IN case Of dissolution or liquidation Of /
me company or sale OF Its assets or
ipon any distribution OF its capital before
my payments shall he made 10 the holders
lt the common stock. Each share of stock
whether common or preferred shall confer
pon the holder thereof the right 10 vote
{ oil wnUpruI and arnNfu1 ff4fr 40 Nr.f.I /
tocEholders; that Is 10 SIN. the holder
bail have the right Of one vote for each
hare Of stock so held. Al shares of The
Ock OF the company shall be registered 81
lares and none shall be issued TO bearer 1
be said shares shall be registered in "a | ]
lok. which shall be kept by the secretary q
the company, aud IN which their trans .
rs shall be recorded"
That the said meeting Of the stockhold-
IS Of the said corporation was held iu i
cordance with the Recommendation Of the e
lard OF Directors Of the corporation at "a
eeting Of the said board. called and held a
r that purpose. pursuant 10 due notice, -
the 10th day of February. 1919 at which 4
IN meeting the directors recommended 10 4
rporatc capital stock and the adoption OF 81
e foregoing resolution. &
And the said president of the said cor b.
ration and the said directors thereof do II
reby further certify that an OF the debts Of A
G said corporation nave been. paid and ca
scharged or otherwise fully secured and "a
"A thirty-four (3aSil shares OF preferred -
lck and six thousand, six hundred and
Sty six l6,0G6l shares Of common stock 60 =
retired aud surrendered In order to make [
ective the said reduction OF capital stock o.,
we been purchased by and are now owned u
the said corporation 9
IN WITNESS WHEREOF the president -
the said corporation and all OF the said c.
rect0rs thereof have hereuntO set their
.nds and seals, this 18th day Of March, :
ANDRES s. DUANY.
q HATo DEL MEDIC SUGAR Il
ANDRES S. DUANY,
LUIS r. DUANN. Il
'0NSuLAB'S ". ID. BROOKS. Il
SEAL) Il. y. JONES. =,
MIGUEL ID. FERRER =,
u Of the directors Of the Hato del Medic :.
Sugar Company. 4
EPUBLIC OF CUBA. PROVINCE OF a
0RIENTE, CITY or SANTIAGO de %
ON this ilth day of March 1919. before =
e. personally appeared ANDRES s. L
UANN, the President Of HATO del ~
EDO SUGAR COMPANY. the corpora-
on described In the foregoing instrument: y
me known and known TO me to be the
diyidual described Ia and who exc
ted the following instrument, and he duly "A
TO me that he executed the NJ
HAROLD u. CLUM.
Consul Of the United States Of America. /
SEAL) "
merican Consular p
rvice Fee Stamp. 81
No. 3oi)
PUBLIC or CUBA. PROVINCE OF +
,RIENTE, CITY OF SANTIAGO de
N p9i This i4th day OF March, 1919, before !
personally appeared ANDRES 5. sl
ANY. WALTER DOUGLAS BROOKS al