The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-08-12

stock hereafter issued and dlsposed Of b.
The Company. but shall have the right H.
common With other stockholders o. the Con
Pany. 70 subscribe for their pro rata share.
Of any Preferred stack hereafter issued and
disposed Of by the Company.
rhe Preferred stock shall not be voted
~ any meeting Or upon any question what
seevsr nnless The Company shall after ths
first day Of July. 1921, fail 10 pay In full
all current and accumulated dividends upon
isrly periods. in which event holders Of ihs
Preferred Stock shall have one vote for each
snare Of stock until ali accumulated and eur
rent. disidends upon "a. rrefsrfea stock
stock shall not be cntitled 20 notiee o.
atoshholdsrs' meetings a. which they have no
IL. Preferred stock may be-. In whole or in
part. redeemed In such manner and upon
.lch terms A. may be agreed upon betveeL
tho holders thereof aud the sCUmpauyi fhO'
NiDEDl that the Company shall not pay for
the redemption o. such stock In excess Of
Une Hnndred seven Dollar and Fits Cent?
tft0T.5Ul per share plus accumulated and
unpaid dividend sns AZ Of the rrsierrsa
ton u The Company, ei.her In whole or IN
part, At sny dividend date, ~ one hunared
seven Dollars aud Fifty Gents ttloI ~ per
share plus accumulated and unpaid ai'i'
IL the Company shall exercise IL. option
10 redeem a part only, the same shall De re-
deemed pro rats from all holiers " Prefer
red stock tditreearding fractional sharssl.
Written notice Of the Company 4 Intention 80
10 redeem, and the time and place Of such
redemption shall be mailed 10 saeh o. ihs
least thirty taOl days prior 10 the date
naed for such redemption. u their addressea
A. the same appear upon the books VI the
Company. such notices may name the Res
istrar or any Bank Or Trust Company Elm the
City Of Albuquerque. New Mexico, A. IN,
place where such stock Will be redeemed. aud
when funds have been 30 deposited for sues
WaNasuVNNuu UUrauaUN IN EuFh notice II ana
Of the Preferred stock 20 be redeemed shall
not tee presented At the place 80 dcstgnA;ra
on or before the redemption date, said Reg
istrnr Bank or Trust Company a. tho agent
~ The record holder Of such stock. shall hold
the sun required Tor it, redemption 10 ths
credit o. the holder Of said stock, and said
stock shall thefsupcR be redeemed aud can
coied, and all rights Of the holder Of such
stock. except 10 the fund 20 placed on de-
post 'or him. shall csas. and detefmine Az
Preferred stock redeemed In accordance with
,as provisions hereof shall thercupon be- i'm
mediate cancelled and shall not be- reissued.
v That A. said meeting u the stock
holders. the Foregoing amendments and IN
crease were assented 20 In writing BY more
than two.thirds In interest Of each class OF
tho stoekholder. having votirg power which
said written Hssnt y hereto appended,
VI That enc Hundred shares Of CON
mon stock Of said corporation arr issued aud
outstanding
la Witness whereof the said The Mckin-
and and Lunmber Company tNo stock
hnlders' LiabIutyl has caused this certft
cate 10 be signed by H. President and it,
Secretary and ~ corporate seal 20 be heret'
affixed this 2eth day q laly 1919 ,,vy
COMPANY. tNo stoekholdsr' L.abilty)
By a g. TwERRELL. President
IS RICHARD tNGLiH. secretary.
RESOLUTION OF TnE BOARD or III
nssoiscd. That 1t Is advisable 10 Increase
the capitas stock Of the company from ieh
a..--- n.n.w. -. IA NHnNWu ANNNN
thousand Dollars. saG 20 amend Article ~
Of the Certificate Of Incorporation 10 read
a. follows
thurifrd capital stock OF the corporation ~
One Million fihy Thousand Dollar. The
number OF shaTgs into which the same j. al
yided l. Ten Thousand fiye hundred The
per value Of each share ID one Hundred Dos
lars OF said stock seven Hundred and fifp
Thousand Dollars shall be common stock
aud Three Hundred thousand Dollars shal.
be preferred stock. having the following des
ignations. preference and voting powcrsi o..
r,strletiuns OF qualifications thereof
ifoid-rs ~ the Preferred STOCK sre en-
% receive. - declared by the Board Of
Director. from tnr surirus or net profit
u the Company dividrnds 81 The rate o.
seven per cent 90 per annpm aud n
more. payable quaItgtiy on The tr,i days .,
February. May, August and November OF
each year aud such dividend hall be cuna
iativr from the date Of original isus u the
respective shares Holdes Of Preferred
ENnNM HMNNN AVE NN NNaMN NW NNNAAN ~ . .
any other dividends whether in ossh or i.
stock Out VI any surplus or net profit, -
naming after providing for the dividend r.
quirement. o. the Preferred stock the Com.
pany shall. on or before the fret day %.
MAY iu each year, beginning with the inst
day Of May 1893. aud continuing 30 Ions
- any VI said Preferred stock remains out
standing. redeem not iyfh than two and nnt
half per cent O. ca % the par value o.
the largest amount u Preferred Stock there
toforc outstanding in the man"er heteih
after provided. Whenever all accumulated
and unpaid dividends and thr dividend 70,
the current quarter on tho Preferred stock
shall have been provided for, aud all re-
q~uircmcnts for III, ~r,5,np,.5n ct Frcierres
Stock shall have been met then aud then
only. holder Of the cuumnn stock uf the
company shall be entitled 10 receive such
ul...ruus out ~ the remaining surplus nr
nri profits Of the company a. the Board Of
Upon any sale By the Company Of it, on.
tire assets. or upon any liquidation or dis
solution ~ the COMPANY, There ttaH De paid
to the holders ~ the Preferred stock on
Hundred seven Dulalrs aud fifty Cents
tstO7 1ol pet share and out Of the assets &C..
naming after such payment all accumulated
and unpaid dividends thereon. After ruch
payments Co the holders u tho Preferred
Stock all ~ the remaining assets shall b.
divided anuns the hoidcfs Of the Common
stock.
folder, ~ IN, Preferred stock shall noe
be- entitled Co subsrribt for any Comno
stock hereafter issucd aud disposed Of hl
the Company. but shall have the right IA
common with other stockholders Of the Con.
pany To subscribe Tor their pro rata shares
OF say Preferred stock hereafter issued anu
disposed Of BY the Company.
The Preferred stock shall not be voted
a. any meeting or upon any question What
apcycr unless the Company shall after ths
frat DAY ~ july, 1894. 81 Co pay iu full
aIi current aud accumulativc diyidrnds upo,
the Preferred stock for two successive quar-
terly periods. In which event holders Of ths
Preferred stock shall have one vote foF each
share ~ stock until all aoumulatsd sud cur
rent dividends upon the Preferred Stock
shall ha,, been paid. Holders o. Preferred
stock shall not he entitled 10 notice ~ stock
holders meetings at which they have ~
right TO vote.
The Preferred stock may hc. In whole or
in part. redeemed in such manner and upor
such terms A. may be agreed upon between
the holders thereof and the Company PRO
NtDtn that the Company shall not boy TO-
the redemption % sucu stocE IN excess %
Hundred seven Dollars and Pity Cents
tsiu7 50t 80 share. plus accumulated and
unpaid diyilcnds and al of the Preferred
stock is subject to redemption NJ the opiuior