Arizona republican., 1921-05-27
Legal AdUerfising
CONPANY

COMPANY
 We. John E. Miller. who Is the President. and R. Fl. Ballard, who is tne Secretary of Southern California Edison Company. a corporation duly c-xaD4zca and existing under and by Vsrtue CT the laws of the State of Cal afcrnaa- and of said company's Board ont Directors do hereby certify that cad Southern California Edison Company by the written assent of it's stockholders representing more than sWo-thirds of its subscribed capital stock. and by majority vote of its Board Of Directors at a meeting of s4,d Board which was duly called .re held on the 18th day of Septem- Yer. 1eis. amended its Articles of In- corporation by amending Article 5 thereof that annexed hereto and marked Exhibit A is a full. true and correct copy of said Articles of In- corporation of said Southern Califor- nss Edison Company as thus amended.
 That there was presented to the Rosrd of Directors of said Southern California Edison Company at its said meeting held on the 12th day of Sep tenAer. 1sls. the written assent Of tAe holders of more than two thirds cf sn Of the issued and all of the subscribed capital stock of said cor NFNT E4Ol R%<tIIAtItkr tO tue dinCltQlli6 VI the articles of incorporation of said corporation. which written assent gexcepsfrg the signatures thereto) was and Is in the words and figures following to-wit-
 SOUTHERN CALIFORNIA EDISON
 COMPANY
 ASSENT OF STOCKHOLDERS TO
 ANEDNENT OF ARTICI ES
 OF INCORPORATION
 KNOW ALL MEN BY THESE PRESENTS.
 That we. the undersigned holdeSs c< capital stock of Southern Califor- ri. Edison Company, corporation Fmfw 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 rorssion by amending Article num- A~~~s sixth of said Ar icles of In- corporation. so that said Article num- hered sixth as amended shall read as follows.
 SrNTH- The amount of the cap f-sf stock of the corporation is One Hundred Million Dollars t$l0o, ,0u0, arel. divided into One Million 0,- noe. .eoo) shares of the par value of One Hundred Dollars ts1oo) each; ot such total capital stock forty thou sand taa.ooo1 shares. amounting to Four Million Dollars ts4000.000) par value. are and shall be First Preferred stock. one hundred twenty five thou- sand gre5.0ooe of said shares, amount ing to Twelve Million Five Hundred Thousand Dollars tsi2, ,500.060) pal value. are and shall be Second Pre- ferred stock. and eight hundred thir- rw-ffwe thousand tS35,o00) of said shares. amounting to Eiehty-thre, Million Five Hundred Thousand Dol ~ lars. tsSs 5oe.eoe) par value. are anc NShafl bc Common stock
 The holders of the First Preferred stock shall he entitled to receive when as declared from the surplus or net profits of the corporation year. 1r dividends at the rate of five pel csntum t5qs) per annum. The divf- dends on the First Preferred stock shah be cumulative. and shall be pay able before any dividends on thu Seron6 Preferred stock or the Com mon stock shall be paid or set apart 90 that if in any year dividends amounting to f&e per centum (59e) shah not have been paid thereon. the efficiency shall be payable before any dividends shall be paid upon or set spzr- for the Second Preferred or N1nnrnon stock Whenever all cumu- iaFi~e dividends on the First Pre- tered stock for all previous years shall have been paid, the holders oi the Second Preferred stock shall bt entitled to receive when and as de clared from the remaining surplus ol net profits of the corporation, afte shs payment of the cumulative divi dezds upon the First Preferred stock yearly dividends at the rate of fivl per cenfun t5et) per annum and m more The dividends on the Secont Preferred stock shall also be cumu 'stive. and shall be payable befor amy dividends on the Common stocl shall be paid or set apart, so that in any year dividends amounting t five per centum (5%c) shall not hay been paid on said Second Preferrei stock. the deficiency shall be payabl before any dividends shall be pal upon or set apart for the Commo stock Whenever all cumulative divi dends on the Preferred stock, bot First Preferred and Second Preferred for all previous years shall have bee paid. the Board of Directors may de clare dividends on the Common stoc payahle out of any remaining surplu or net profits up to five per centur t5E) per annum- The remainder ( any surplus or net profits shall the be applicable to the payment of fur kher dividends equally per share upo the First Preferred and Commo stock
 -In the event of any liquidation dissolution or winding up, whethe voluntary CT involuntary. of the COT porarion, the holders of the Fir. Preferred stock shall share equall and be entitled to be paid in full, bot the par amount of their shares an the unpaid accrued dividends there on. before any amount shall be pal 10 the holders of the Second Prs ferred stock. and after the paymei 4n full of all unpaid dividends a' crs.ed upon and the par value of Il First Preferred stock. then the holC CTS of the Second Preferred stoC shall share equally and be entitled 4isa paid in full. both the par amou of their shares and the unpaid div dends accrued thereon before al amount shall be paid to the holders the Common stock, and after t payment in the order aforesaid to u holders of all the First Preferr stock and the Second Preferred si3c of its par value. and all of the unpa or accrued diVidencs thereon, the I uaaining assets and funds shall
 divided and paid to the holders of [ Common stock equally and prora according to their respective shar rp to the full par value thereof;
 thereafter assets remain, the sar shall be distributed ratably to { holders of the First Preferred sto and the Common stock
 The Company shall have the 0 ton of retiring the Second Preferr stock in whole or in part, ratably gropoTtion 10 the respective holdin