Arizona republican., 1921-05-28
Legal AdUertising
LEGAL NOTICES (@NENDED ARTICLES OF INCoR- EORATION OF SOUTHERN CALIFORNIA EDISON
 a


 |. CALIFORNIA EDISON
 COMPANY
 We. John s. Miller. who is the President. and R. H. Ballard. who is the Secretary Of Southern California Edison Com pany. corporation duiy c-xsntzed and existing under and by V--xae of the laws of the state of Cal iforaia- and of said company's Board of Directors. do hereby certify that said Southern California Edison Company by the written assent of it's stockholders representing more than two-thfrdS Of its subscribed capital stock and by a majority vote of it's tsosrd of Directors at meeting Of rrNHid Board which was duly called VI and held on the lzth day of Septem- Der. iSls. amended its Articles Of in- corporation by amending Article 5 shereof. that annexed hereto and marked Exhibit A" is a full, true and correct copy of said Articles of in- corporation of said Southern Califor- ris Edison Company as thus amended
 That there was presented to the Board of Directors of said Southern California Edison Company at its said meeting held on the 12th day of Sep temher 1s16. the written assent of ~res holders of more than two-thirds uf all of the issued and all of the subscribed capital stock of said cor porarion assenting to the amending or the articles of incorporation of said corporation. which written assent texcepting the signatures thereto) was and Is in the words and figures following. to-wit:
 SOUTHERN CALIFORNIA EDISON
 COMPANY
 ASSENT OF STOCKHOLDERS TO
 AMEDMENT OF ARTICLES
 OF TNCORPORATION
 KNOW ALL MEN BY THESE PRESENTS.
 That we. the undersigned. holders of carftal stock of Southern Califor- rfs Edison Company. a corporation 6uae organized and existing under the laws Of the State of California. do hereby assent to the amending of the Articles of Incorporation of said cor pararion by amending Article num- h~-ce sixth of said Ar icles ,of In corporation. so that said Article num- hered sixth as amended shall read ss follows
 -STxTH.- The amount of the cap fre1 stock of the corporation Is One Hundred Million Dollars s100000, eeo1. divided into One Million G.- eco eea) shares of the par value of such total capital stock forty thou sand t4o.ooo) shares, amounting to Four Million Dollars (s4.o00.000) par value. are and shall be First Preferred stock. one hundred twenty five thou sand tlzs.eeo) of said shares, amount ing to Twelve Million Five Hundred Thousand Dollars t$f2 ,500,000) pal value. are and shall be Second Pre- ferred stock. and eight hundred thir- sx-fixe thousand (s35, ,e00l of saie shares. amounting to Eighty thre, Million Five Hundred Thousand Dol lsrs- Csss.50o. 0oo) par value, are ana shall be Common stock.
 The holders of the First Preferred stock shall he entitled to receive when as declared from the surplu: or net profits of the corporation year V dividends at the rate of five pel cen;um t5%e per annum. The divi cends on the First Preferred stool shall be cumulative. and shall be pay able before any dividends on tn Second Preferred stock or the Com mon stock shall be paid or set apart SO that if in any year dividend amounting to five per centum t5qo shah not have been paid thereon, thu deficiency shall be payable before an, dividends shall be paid upon or SC VI Common stock Whenever all cumu- lative dividends on the First Pre- ferred stock for all previous yeari shall have been paid, the holders O the Second Preferred stock shall b. entitled to receive when and as de ciared from the remaining surplus 0 net profits of the corporation, afte rhe payment of the cumulative divi dends upon the First Preferred stock yearly dividends at the rate of fiv per centum t5cr1 per annum and n more The dividends on the Secon Preferred stock shall also be cumu iative. and shall be payable befor any dividends on the Common stoc shall be paid or set apart, so that in any year dividends amounting five per centum (5Sc) shall not hay been paid on said Second Preferre stock the deficiency shall be payab before any dividends shall be pal upon or set apart for the Commo stock Whenever all cumulative div. dend< on the Preferred stock, bot First Preferred and Second Preferre for an previous years shall have bee paid. the Board of Directors may d. clare dividends on the Common stoe payable out of any remaining surpll or net profits up to five per centu fSEb per annurn. The remainder any surplus or net profits shall the be applicable to the payment of ful ther dividends equally per share upe the First Preferred and Comma stock
 .~In the event of any ,liquidatio dissolution or winding up. whethe voluntary CT involuntary, of the co poration. the holders of the Fir Preferred stock shall share equal and be entitled to be paid in full, bo xhe par amount of their shares al the unpaid accrued dividends ther on. before any amount shall be pa to the holders of the Second Pr ferred stock. and after the payne in full of all unpaid dividends a cra1ed upon and the par value Of | First Preferred stock, then the hol CTS of the Second Preferred sto shall share equally and be entitled te paid in full. both the par amou of their shares and the unpaid di' dends accrued thereon before d amount shall be paid to the holders the Common stock. and after payment in the order aforesaid to holders of all the First Prefer stock and the Second Preferred sto Of its par value, and all of the unp; or accrued dividenos thereon, the mainfng assets and funds shall divided and paid to the holders of [ Common stock equally and pror; according to their respective sha up fO the full par value thereof; thereafter assets remain, the Sd shall be distributed ratably to .' holders of the First Preferred stC and the Common stock.
 The Company shall have the ( ton of retiring the Second Prefer stock in whole or in part, ratably -~ara-+ion fG the reSpeCtiVe hOldi1