The St. Mary banner., 1920-06-26


, Nh thr II }Ea-- III iw.nt, avr TER cont If tn
.fat. n,t .t lr.itu. -., X Dut. ANA lr-al not ic
II mn >.,...i #, ....a.,, Utah hs given
t4rh So. 10 .,r a.r.... =. hereinafter pr
,flrd ,tu.I be- rr.i,ini 4" oar y.,'r fo~ crI
..,li.. of the cfpi'al stock held h. h,n III per
son or by proxy
ARTICLE NJ
Tho 4 d4mIrila Of th'S en-, anv is he~cir
fzcd At Franklin Parish u ~ &IirY STA,
# Iaui. ana where All c-d! pr,c:>, ,haA h,
/ -,tvrl o., prnsia"i by Law
tnTIt IL VII.
Thr cap,,al ,.ar- Of ta., r.,.r,ra- N .a,l
/ p. ON. II ND3ED IiiD1 SAND IDII.AR'
| gslpa DDo'. G.f.dad into ONE I!1l SAM
I - UGoN >'#r'~ et The aJf value OF ON
/ ri %lgE.D DOLL A3tS ttIUU) cIcl.. al a.
>s5I ,.tr,. 70 H.. fpl. paid and non a~>.>,;..,!r
Al ,',rI, snail ur T.. d f5r in r4>ir = gel
| NJ. sub .rr',f for ;t IN" tim of inc b:berate
na' +" ISSUED a. II, Will o thr Dirc."or, an
,oId fpr ,4rl ,.tiuS not l.>s than par arrI upr,
.urh tgt.5 VI payment IS the Directors La.
r.ect
Said rNt. TfIOISA|D U0guj shares
STOCK SHAH he, divided into two clas.c, know
y, PHtf-a RE@H ~ID,k ard TrMAiDt
STOCK. aaA flo t.-rr..-c amount " sue
f'rnfarT,,' -rrrE ana C,,nt..tn StvcA ,hall
ag limo a>roaJ ONE iIINDEFD THO.
~.Nb DOLLARS ttIDpO- % .sar yaIap
PREFERRED >TDCK
Preferred .,-0rG SHAH bs preferred bo-h a
80 Lr.n,lp.l and dividends over TIE Corano,
soak hcrrnaftrr provided for. and in any sa
of thr a.>r.. of thc ,,rpgrat:..a. or IN au
Innidat;ou d H. coroora.ion. all Prrferrrr
Stock outstanding shah he paid l.. prcterenc
fore aIr pal rr..i is mad, riaon the Commoi
.t.,k.
SAID Preferred Stock shall bear an snnut
rtrmulativr dividend Of 81: per cent (6G)
IL 1921 ana such dividend shall be guaran
'red to The Eo!drrs thcrrcf An stock Of orig,
raj i.sr. ,u.ier this charter SHAH be PRE-
FERRED STOCK
S,id Preferred Stock shall have full voting
power and eAccpt as hereinafter provided
for tIa Directors ana Officers of This corpora
',''' af sn~h ',I' Pretrrred SICK and inc Common
stool shan hive no voting pnwrr whatsoever.
Certificates Of shares If Preferred Stocl
hal have printed across the face thereof the
wo-ds "PRFFEPRED STOCK"
No Preferred Stock ybau he sold hv an.
holder .fr-caf ,yithout fr.t tr,n- Offered t
the Board Of Directors of this corporation
g. h;.L r. rr,or,tian shall have thc eyclusiy.
ri,-I,t for = nrrioj of thirt;- daTs from in,
Jatn ~ tnrh ntiar ia Inv, thr sane far ifS me-
rn,,,t ~ :, pricc pnt rxcradinr nar and 30
rrrnd lyia.nds ard .'oel 50 n"res.s, s.s.,
,a - ,I,nr,ti,p and may Te rr,l.J nv tbr car
noratjon if the Beard of Directors 50 elects,
COMMON STOCK
thn ETviyOJFNT pROTECTIyF ORDEE
III r,TES ~ thr I-TTTFD STATES or
6MEPICA ar Lv FRANKIIN LODGE NO
1SS- BENEVOLENT PROTECTIVE OR
DER or EIkS Of the IrVITED STATES or
AMERICA md shall bear onIy snch dividend
NJ tbn Rnard of Directors of This cornoratior
INV elect
Soid Common Stock shall have tbo mar
val,,e Of One ITrndrad Dollars (s1OOl a share
and shall Lo issued only in lien of preferred
stock up5n cancellation and retirement of tbe
same number Of shares of prefnrrnd Stock in
lien Of whirh i is issIed
said Common stock orco isSrnd shall no,
the~.aftcr he changed by INV means into Pre-
frrred Stock nor reissned as snch. NOR shall
said Common stock ever be considered stock
of original issue.
Cnmmnn &tork shall have M Voting novar
until The amount thereof outstanding shall
equal or exceed in bar value. sixty Der cent
5000 Of the aggregate par value Of the Pre-
farred S'oclt and Common Stork outetand;ne
Whenever ,the Conmon Sttrk outstanding shall