The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-08-12
A l. MORRISON.
Glerl
cEETlrlcATf b AMENDMENT AND IN

CERTIFICATE ~ AMENDMENT. AND IL
CREASE OF SToCk
The Mck inlsy Land snd Lumber Company
No stoekhold,rs Liability . corporation OF
the state ~ New MEXICO. by is Prcslten.
aud Secretary. does hereby euify
J. That the principal office ~ the com
pany IN the state ~ New Mexico b. At No
1ip West Gold Avenue. In the CITY Of AihL
guerqu", bemalillo County, and that d "
Dohson IA designat~d ~ statutory agent In
charge thereof and upon whom process
against the corporation NAV h. served.
That the Board 81 pirectora u said
snuporauou, a. a meeting dulJ convened and
held Ga the 17nd day u IHiY 1919 passet
a resolution Declaring that The amendment.
sud "a crease " capital stock hereinafter sel
forth tre advisable rld called = meeting Of
the stnckholders to take action Their, on.
IN That = copy of said resolution ~ ths
board 81 d~ireetors j. hereto appended
~ That hereafter on the seth day %,
Iult. 1913 pursuant Co such coz 81 tha
Board NJ Directors. and upon notice given %
each -turkholdsr a. provided in the hY Laws.
y special meeting Of tho stockholders Of The
company Wa held ~ which meeting more
than two thirds IN interest ~ each cisss 81
the stockholdrrs having voting powers were
present iu person or fFprrsrutrd by tfnhN
AID inst mere than two thirds tn interest %,
each class - the ,toct holders having yoiius
poVers. voted in favor ~ such change ana
amendments and increase ~ capital stock
such change amendments and increase be.
iug a. tollows
VT .|NH NNNN W." ." w .N" W."
tificai" ~ Incorporation to read a. follow a
Article ~ Ths smuant Of th" total an.
thurifcd capital stock Of the corporation IA
one milliHu nfty thousand dollar Tn,
humber ~ shares into wh,en the sam j. d.
N,drd 3 ten Thousand five hundred The rat
value Of each share "a one hundred dollars
~ satd stock seven hundred sod my thnus
and dollat. shall be- common stock and three
hundrrd thousand dollars shall he preferred
stock. having the follovin designations pre
frrrnces aud voting power, uf rrstuFtiun'
or qualifications thereof
g. idcr, of the Preferred Stock are On.
titled 10 receive IS declared hy the board
Of Director from the surplus or not profits
NJ the Company diyidends ~ the rat. 90
seNtn per cent G',l per uuum. aud no
more. payable quarterly on the fret days o..
Fehrusry MAY August and November ~
each year aud such dividends shall be ruin
ulafi,r from thr date of original issue n the
respective shares Holders of Preferred
Stock shall have mo- right 10 participate In
stock. uut NJ any surplussor net profits 70
maiuiug after providing Tor the dividend re-
quirrmrnt, NJ the Preferred stock the 'om'
uauR she'll uu ur before the trAt daN "a.
Nay In each year. beginning with th. first
day ~ May. n1I. and continuing NO long a.
any ~ saii Preferred stock remains out
standing redeem not less than two snd one
halt per cont tgi.f,l az IN" par "-lur O.
the largest amount nj Preferred Stock there
tofprr outstanding boz ths manner hereinafter
provided Whenever all accumulated sud un'
paid diNidrndh ana tho hlNihrhl lnr lh' guy,
rent quarter nn nv Preferred Siock shall
have been provided Tor and oil requirement.
Tor the redemption Of Preferred stock shan
been met then ard then only holders
NJ the common stock NJ the Company shall h'
to receive surh iiNidrnds out OF tn
remaining surplus mr. net profits ~ the Coa'
ps o. thr foard ~ Directors may declare
I non any N ny The Company 81 IT. on
assrts. or uuun amy liquidation or disco
~ the Company. there shall be pain
in the holder, ~ the Preferred STOCK one
Seven Dollar aud Fiuy Coma
tstu7 son urr share and out ~ the assetA
after such payments all accuWu
and unpaid dividends 'dcreon. After