Evening journal., 1920-05-04
nrnIlcrInN nE srncks-

CERTIFICATE OF DECREASE OF |
- SECOND PREFERRED STOCK OF |
THE AMERICAN CASH REGISTER /
COMPANY, SAGINAW, MlCHleAN.
We. the undersigned, being the presi-
dent and n majority Of the directors Of |
the AMERICAN CASH REGISTER /
COMPANY. a corporation organized ana
existing under and by virtue OF the laws /
Of the State Of Delaware. do hereby GER
tify. as required by law
That at an adjourned, regular, annual
meeting Of the stockholders OF said cor
poratiOn. held at the Office OF saiu com
pany. In the city Of Saginaw, Michigan,
on the third day of March, A. ID. lDzO
pursuant to resolution adopted by the
held and convened, 1t was resolved py
| the affirmative vote OF two-thirls oi
each class Of the capital stock OF salu
corporation, that the first preferred capl-
tai stock be increased from three nun
dred thousand dollars TO seven hundred
fifty thousand dollars, and that the
common stock Of said corporation be IN
reased from twelve thousand shares 70
fifteen thousand shares Of no par value
the second class OF preferred stock be re-
deemed by the corporation and cancelled 50
/ that there shall be only two classes OF
stock. namely seven thousand nve nun
dred shares Of preferred stock Of the par
| value of one hundred dollars per share
and fifteen thousand shares OF common
stock Of no par value, ana that the Afu,
cles Of association relating 10 capita
stock be and the same are amended so
as to read as follows. viz
The capitnl stock Of the corporation
hereby organized Is the sum OF seven
hundred fifty thousand dollars Of pre-
ferred stock and fifteen thousand loDOJl
shares Of common stock OF no par value.
The number Of shares into which the
capital stock is divided Is twenty-five
thousand five hundred shares Of which
seven thousand FIVE hundred IL pre-
ferred stock Of the par value Of one nun,
dred dollars each. and htteen thousahu
shares OF common stock Of no par value
: That the certificate Of incorporation
, known as the articles Of incorporation oi
the AMERICAN CASH REGISTER CUM
PANY. be further am amended .,s,ons 80 as ~. ~
lating to second preferred stock and
consisting OF two thousand three nun
drod shares OF the par value OF one nun
dred dollars each, and the board OF az
; rectors shall call in. retire and cancel all
. certificates Of second preferred stock nov
We do further certify that the tota
amount OF stock. including such in
crease. subscribed is three hundred thou
- sand dollars of the preferred stock ant
. | eleven thousand four hundred. ninety
G shares Of common STOCK o. ny paI faiue. NJ
= The total amount OF stock, including
= euch increase actually paid In, Is the sun
Il OF three hundred thousand dollars. T..
The amount Of the Increase paid II
! ''7' The amount Of the increase paid il
other property is no dollars.
= That ali the debts of the corporation
: not otherwise fully secured, have Deel
paid and discharged -,
III was further resolved by the sam
vote. that the value Of. and the price Y
l., which such Increase OF the capital shi
he snbscribed and paid for by the stock
holders be fixed and determined by ln
L hoard OF directors as well as the tiln
In and manner Of subscription ana puSWen
II Of such increased stock. "a.
a And the directors OF said corporhho
are authorized 70 sell at the pIlee y
= prices SO fixed. any part OF suen ~
q crease not subscribed by the stoehnoi.
ors otter thew have had reasonable OF
IN nortunitv to make subscription OF ths
n proportionate shares thereof anu ll1 l,t,, ~
~ rectors may make provision ior can, y !,
:. In and cancelllng the old certincates an
OF issuing new certificates OF sioch. 49,,
lr .The certificate OF incorporation NJ" y
as the articles OF incorporation o. ~
~, AMERICAN CASH REGIS i III '-,,.' -
- PANY heretofore hled, anu .n S,,te
with the Secretary OF state OF the S.nte
&c Deiaware shall remain In all other 7
OF snscts except as modified ana amenu'
~. ''In witness whereof. we herennto sis
W our names this eighth day OF marc
A. d. WI SAVAGE. President
r. WN SEYFFARDI, Secretary
el II. A. SANAGL,
'' WM SEYFrAkDI,
d n. COOPER.
OTTO l.. DIrIMAR,
j. :. PALMER,
ed ,ncornorated under laws Of Delaware
,,f Corporate Seal. lslt
~ American Cash Register Co.
\ -. -, nm. AWARE. COUNTY {