Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1920-12-11
NOTICE OF AMENDMENTS
To Articles of Incorporation of The
lennox Furnace COMPANY.

| lennox Furnace Company.
To whom it may concern:
Notice is hereby given that the un-
| dersigned, D. w. Norris and II. A.
Kfnnan, president and secretary and
treasurer respectively, of The Lennox
Furnace Company, a corporation
with its principal place of business
at Marshalltown, Iowa. in conformity
| with and in pursuance of due au-
thority given by the stockholders Of
said corporation in special meeting
assembled therefor, have caused to be
| executed amendments to the articles
! Of Incorporation of The Lennox Fur
mace Company, thereby amending
articles III and " of the articles of
Incorporation of said corporation by
| substituting for said articles III ard
| " the following:
| Article III.
The amount of capital stock of this
| corporation shall be seven hundred
| thousand (s7OO, 000.00) dollars divided
! into shares of one hundred (s100001
! dollars each, five hundred thousand
! (S500 000.CG) dollars Of such capital
stock to be common stock and two
| hundred thousand ($200,000.00) dol
| lars of such capital stock to be pre-
| ferred stock.
All stock ISSUED shall be fully paid
sued, as provided by the laws of
Iowa, and shall be worcestershire
and can be transferred on the books
Of the corporation only upon surren-
der of original certificate
The earnings of said preferred
stock of two hundred thousand
(s20O,OOOOO) dollars shall not exceed
per cent per annum out of the net
profits, but said preferred stock shall
be cumulative and shall be preferred
both as to dividends (not to exceed
per cent per annum), and preferred
as to the assets of said company
Dividends shall be declared upon
outstanding, preferred stock, semi
annually, and payable March and
Sept. I, of each year.
Article w.
1.-The affairs of this corporation
shall be conducted by a board of di-
rectors to consist of not less than
three CD in number nor more than
five {5) in number who must be
stockholders and who shall hold their
office for one year and until their
successors are elected and qualified,
and such directors shall from their
own number, at their first meeting in
each year, elect president, vice
president. secretary and treasurer of
said board, who shall be the presi-
dent, vice president. secretary and
treasurer respectively of said corpora
ron, each shall hold his office for one
year and until his successor is cleo
ted and qualified The treasurer may
be required by the board of directors
to give bond in such sum as they
may deem necessary. Said directors
shall have the right and authority to
fill all vacancies in the offices of said
corporation. and elect such other Of
ficers and agents of said corporation
as in their Judgment may be for the
b. '>tereet of said corporations
That such amendments have been
duly recorded, as required by the
49, Il iowa, and the secretary Of
state Of Iowa. has approved the same
and has issued to the said corpora,
tian certificate in due form under
date OF Nov. Is 1929. uuder the au-
| ti,ority eff the statutes of the State
of Iowa raadc and provided therefor.
Dated this 18th day of Now, A. d..
1920. ID. w. Norris. Jr. president. H.
a kinnan. secretary and treasurer.