Arizona republican., 1921-05-26
Legal Aduertisir,g
LEGAL NOTICES AMENDED ARTICLES OF INCOR- PORATION OF SOUTHERN CALIFORNIA EDISON

tne secretary or southern California Edison Company, a corporation duly organized and existing under and by virtue of the laws of the State of Cal nornia, 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-thirds of it's subscribed capital stock. and by a majority vote of it's Board of Directors at meeting of said Board which was duly called 2Sd held on the 18th day of Septem Yer. 1916, amended its Articles of In- corporation by amending Article 6 thereof, that annexed hereto and marked Exhibit A" is a full, true and correct copy of said Articles of ln- corporation of said Southern Califor- mia 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 tember. 1916. the written assent of the holders of more than two- thirds of all of the issued and all of the subscribed capital stock of said cor poration assenting to the amending of the articles of incorporation of said corporation which written assent ttAt&pAAHk lle thCittOf was and is in the words and figures following. to-wit:
 SOUTHERN CALIFORNIA EDISON
 COMPANY
 ASSENT OF STOCKHOLDERS TO
 AMEDNENT OF ARTICI ES
 OF INCORPORATION
 KNOW ALL MEN BY THESE PRESENTS;
 That We. the undersigned, holders oF Ta1ifnr- mia Edison Company, corporation duly 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 porafion by amending Article num- bered Sixth" of said Ar icles Of ln- corporation. so that said Article num- bered sixth" as amended shall read as follows:
 .SIXTH: The amount Of the cap ital stock of the corporation is One Hundred Million Dollars 00,000,- oo0l divided into One Million O,- 900 o0o) shares of the par value of One Hundred Dollars t$100) each; oi such total capital stock forty thou sand t4o.o00) shares, amounting tc Four Million Dollars $4,0o0.000) pal value. are and shall be First Preferred stock. one hundred twenty five thou sand C25,000) of said shares, amount ing to Twelve Million Five Hundred Thousand Dollars ts12, ,500,000) pal value. are and shall be Second Pre- ferred stock; and eight hundred thir. ty-five thousand (S35,000) of sait shares. amounting to Eighty thre' Million Five Hundred Thousand Dol. lars, (ss3. .500.0o0) par value, are ant -~shali be Common stock.
 ~The holders of the First Preferred stock shall be entitled to receive when as declared from the surplu. CT net profits of the corporation year ly dividends at the rate of five pel centum (5Tc) per annum. The divi dends 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 (5eol shall not have been paid thereon, thu deficiency shall be payable before an, dividends shall be paid upon or se ap2rt for the Second Preferred ol -xsommon stock. Whenever all cumu- Htive dividends on the First Pre- ferred stock for all previous year: shall have been paid. the holders O the Second Preferred stock shall b' entitled to receive when and as de clared from the remaining surplus o net profits of the corporation, afte the payment of the cumulative divi dends upon the First Preferred stock yearly dividends at the rate of fiv per centum (5eo) per annum and n more The dividends on the Secon Preferred stock shall also be cumu lative, and shall be payable befor any dividends on the Common stoc shall be paid or set apart, so that in any year dividends amounting t ch a rn a 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 dends on the Preferred stock, boi First Preferred and Second Preferre for all previous years shall have bee paid, the Board of Directors may d clare dividends on the Common stot payable out of any remaining surpll or net profits up to five per centu t5or) per annum The remainder any surplus or net profits shall thu rbe applicable to the payment of flu ther dividends equally per share upt tthe First Preferred and Comma stock
 Tn the event of any liquidatio dissolution or winding up, whetht voluntary or involuntary, of the co sporation the holders of the Fir Preferred stock shall share equal and be entitled to be paid in full, bo the 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 crued upon and the par value of [ First Preferred stock. then the hol CTS of the Second Preferred sto shall share equally and be entitled be paid in full, both the par amot of their shares and the unpaid di dends accrued thereon before a 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
 mainiug assets and funds shall
 divided and paid to the holders of
 Common stock equally and pror according to their respective sha m to the full par value thereof; thereafter assets remain, the Sd snaIl be distributed ratably to
 holders of the First Preferred st and the Common stock.
 ~The Company shall have the
 tion of retiring the Second Prefer stock in whole or in part, ratably
 ,roportion to the respective holdi oS the stockholders upon vote of
 Roard of Directors of the Comp' at any time, from time to time.
 having to such holders thereof
 sum of One Hundred Three Doll ts103.oO) for each share of said