Evening journal., 1920-04-27
RrDvcIION IN sTOCks


CERTIFICATE or DECREASE or
y SECOND PREFERRED STOCK or
THE AMERICAN CASH REGISTER
COMPANY. SAGINAW, MICHIGAN
We, the una rsigned, being the presi,
dent and q majority of the directors gt
the AMERICAN CASH REGISTER
COMPANY, a corporation organized and
existing under and by virtue Of the laws
u the state Of Delaware. do hereby GER
tiiy, as required by law
That at an adjourned regular. annual
mcetinr Of the stockholders ~ snid cor
poration held n the Office OF said COM
on the third day of March. A. ID 1920.
pursuant 10 resolution adopted by the
Board of Directors, nt meeting duly
held and convened. 10 was resolved. BY
the affirmative vote OF two.thiids oi
each class Of the capital stock of said
corporation. that the frsi preferred capi-
tai stock he increased from three hun.
dred thousand dollars TO seven hundred
hfty thousand dollars, and that the
common stock Of said corporation he In
rcased from twelve thousand shares 20
nftcfn thousand shares 90 no plr value.
the second class OF preferred stock he re-
deemed by the corporation and cancelled ~
that there shall be only two classes Of
stock, namely seven thousand nre hun
drcd shares Of preferred stock Of the par
value % one hundred dollars per share
ana hfteen thousand shares or common
stock of no par value. and that the arti
cics OF association relating 20 capital
stock be- and the same are amended 80
as 10 read as follows. viz;
. Tho capital stock " the corporation
hereby organized Is the sum Of seven
hundred hfty thousand dollars Of pre-
l fcrred stock and fifteen thousand 1hMol
! shares Of common stock Of no par value.
The number of shares into which the
capital stock Is divided Is twenty-five
/ thousand Eve hundred shares Of which
seven thousand i've hundred Is pre-
/ ferred stock Of the par value of one hun,
dred dollars each. and fifteen thousand
shares OF common stock Of no par value.
J That the certificate " Incorporation
| known AS the articles Of Incorporation of
the AMERICAN CASH REGISTER COM
eAHS S5. be sdpa1sm sSTSs ss a'nseS eTcrons 10 " TO 70
lating 20 second preferred stock aud
consisting OF two thousand three hun
dred shares Of the par value Of one hun
rectors shall call In, retire aud cancel all
certificates Of second preferred stock now
We DO further certify that the total
amount OF stock. including such In
crease. subscribed is three hundred thou.
sand dollars OF the preferred stock and
/ eleven thousand four hundred ninety
shares OF common stock Of no par value.
The total amount Of stock. Including
of three hundred thousand dollars.
The amount or the increase paid 10
/ cash is no dollars.
/ Inc amount OF AMt AU'N'Ant Nalu AA
other PROPERTY j. no dollars.
I That an the debts Of the corporation
not, otherwise fully secured, have been
paid and discharged.
u was further resolved by the same
vote. that the value Of and the price NJ
which such Increase Of the capital shall
be subscribed and paid FOR by the stock
holders be fixed and determined BY thi
board Of directors as well A. the time
and manner Of subscription and payment
I Of such increased stock
And the directors Of said corporation
are authorized TO sell az the price oi
prices SO fixed. any part Of such In
crease not subscribed by the stockhold
ers. after they have had a reasonable on
portunity 20 make subscription OF thel
| proportionate shares thereof. and the 81
rectors may make provision for callin
IN ard caneelling the old certificates an
issuing new certificates Of stock.
The certificate ~ Incorporation know
a. the articles Of incorporation Of th
AMERICAN CASH REGISTER COM
PANY heretofore fled and recorded
with the secretary oi state Of the state o.
Delaware. shall remain In all other re-
spects. except as modified aud amended
by this certificate
In witness whereof. we hereunto sigI
our names this eighth day OF March
II. A. SAVAGE. President
WM. SEYFFARDT, Secretary.
n. A. SAVAGE
WA. SEYFFARDT.
q. n. COOPER,
OTTO l.. DITTMAR.
j. s. PALMER,
Directors.
incorporated under laws OF Delaware
Corporate Seal, 1917.
American Cash Register Go.