Evening journal., 1919-12-09
rIcE OLE ANNuAL sIEErING.
TO THE STOCKHOLDERS OF THAR.
R0uN MOTORS CORPORATION COZ

TO THE STOCKHOLDERS or THAR.
RouN MOTORS CORPORATION COZ
DELAWARE
You are hereby notified that the ad-
Journed annual meeting OF the stoekhold,
ers of the llJroun Motors Corporation will
Doe held at the principal Office Of the com
pay, In Room No. 100 Equitable building.
In the city OF Wilmington county Of New
Castle and State OF Delaware, on the 9th
day Of December, A. ID. 1913. az the hour
Of o'clock T.. NJ. and that In addition 60
the election Of directors ana regular husl-
ness that VIII come before the iueetlug,
there VIII be submitted for ratification, q
resolution heretofore adopted by the dl-
rectors, authorizing the officers 10 Issue
ono Million Two Hundred Fifty Thousand
Dollars of Seven Per Cent. notes or bonds.
secured by mortgage or trust deed. on all
OF the property and assets of the com
punN and payable five years after date.
You are also notified that there will ~
submitted for the consideration Of the
stockholders, at said meeting, 10 De held
at said time and place aforesaid, reso-
luton. heretofore duly and regularly
adopted by the directors Of this corpora
ton 10 amend the charter of this corpora
ton by changing its corporate title from
that or "llarrOun Motors Corporation 70
wayne Motors Corporation" and by IN
creasing It's authorized capital stock from
Ten Million Dollars to Twelve Milios,
Seven Hundred Fiffv Thousand Dollars
(S12. 100. O00.O0) OF which Two Million Five
Hundred thousand Dollars (S2, j0O,O0GOo)
shall be designated as Seven per cent cum
uNllNt preferred STOCK ana hhhu ne pre-
ferred Ms 10 assets and dividends. with
dividends payable quarterly and shall par
tlcipate In any dividends of junior securi-
Ties OF the company 60 the extent that the
total dividends going 60 the preferred
stock shall be ten per cent. 90 per cent?,
which participation shall. after January
], 1922, be cumulative. said stock shall be
redeemable az the option Of the company on
thirty days notice at III per share. Two
Hundred and fifty Thousand Dollars
lS2jO,O0000i Of said capital stock, divided
into Twenty five thousand f25,OO9) shares.
shall be designated as preferred debenture
$4,000 per share but shall be- an oblisa-
tlOn OF the company only ns TO the earn
ings thereof and shall be redecmable nt the
option OF the company. without notice. M
any time subsequent to the retirement OF
the Two Million Five Hun red Thousand
Dollars (S2 500 00000) of said seven per
cent preferred stock nj Ten Dollars $1,000
per share Said stock shall provide that
after the payment Of interest on the notes
and seven per cent. on the preferred stock.
twenty per cent. go per cent? Ot the net
OF the company shall be credited
zach year 10 an account known as "dehen-
ture account" which shall he distributed
three per cent @ per cent? on the out
standing preferred stock, so as to make its
total dividends ten per cont 90 per cent?
md the balance 10 the holders OF said pre-
'erred debcnture stock. The remaining
Ten Million Dollars (Si00O0,0O0O0) Of the
'apltal stock OF the company shall be
designated as common stock.
Dated this 2lst day OF November. A. ID. (
0i0.
JOHN GUY .MONIHAN. President.
HOWARD +. LEA, Secretary
lecs-l0t