The Winslow mail., 1922-06-23
CERTIFICATE
RELATIVE TO AMENDMENT OF
ARTICLES OF INCORPORATION
OE
J. C. PENNEY COMPANY

existing under and by virtue of the
avs of the State of Utah, HEREBY
! CERTIFY to the County Clerk of
Salt Lake County, State of Utah, and
| he Secretary of State of the State
| # Utah, that at the Annual Meeting
| J the stockholders of the Corpora
| ton, duly, regularly and legally
called and held upon due notice
| hereof, and said notice having been
given by publication thereof for a
| period of twenty-one CD days in
salt Lake Tribune, a newspaper
printed in the English language, and
having a general circulation in the
County of Salt Lake, State of Utah.
and which said notice stated the
proposed change or amendment to
| he Articles of Incorporation of the
said Corporation, and the time and
place of such Stockholders Meeting
and was so given i'll the manner and
form required by law: and said
Stockholders Meeting was duly, reg
| ularly and legally held in accord
ance with said notice and in accord
ance with the requirements of the
| Articles of Incorporation of said
| Corporation and with the laws of
| the State of Utah, at the principle
office of the Company, Suite COS
3oston Block, Salt Lake City, State
| )fl Utah, on the 18th day of January,
1922, at one o'clock in the afternoon,
1t which more than a majority of
Ill of the outstanding shares of the
capital stock of said Corporation en-
titled to vote ,therAat, was repre-
;ented by the owners and holder S
| hereof in person or by proxy; the
! olloWing Amendment was duly
| adopted by vote representing at
east majority of said shares of
outstanding capital stock of said
Corporation entitled to vote at said
| Ieeting, and the said Amendment
| vas regularly and legally adopted
| Ind passed amending the said Art
| cles of Incorporation as follows:
WHEREAS it is desired to in
crease the authorized number of
shares of Common Stock which
can be issued by said Corporation
from Fifty Thousand 100000
shares o. Common Stock of the
par value of One Hundred Dollars
($100) per share to One Hundred
Thousand QOO,OO0) shares of
l Common Stock of the par value
of One Hundred Dollars ($1Oo)
per share;
NOW, THEREFORE, BE 1T Re
SOLVED that Article VIII, Para
lgraph O be and hereby is amended
so as to read as follows:
a. The limit of the capital
stock of this Corporation shall be
Twenty Million Dollars ($20,000,-
00O), divided into One Hundred
Thousand Q0O,OOO) shares of
Common Stock Of the par value
of One Hundred Dollars ($100)
per share and One Hundred Thou
sand (1OO,OOO) shares of Preferred
Stock of the par value of One
Hundred Dollars ($100) per share.
| Given under our hands and the
seal of this Corporation the 18th
day of January, 1922.
EARL C. SANS,
President
L. A. BANNER,
Secretary
STATE OF CALIFORNIA,
County of Los Angeles, S.:
! On the 26th day of January, 1922,
! personally appeared before me
1 EARL c. SANS, who being by me
i duly sworn, did say: That he is
the President of the j. c. PENNEY
| COMPANY, a Corporation of Utah,
and that said above instrument was
signed in behalf of said Corporation
| by authority of the resolution duly,
\ regularly and legally passed at a
Irregular meeting of the stockholders,
E duly, regularly and legally called
and held upon notice for said pur-
pose, and that the said EARL G..
| SANS acknowledged to me that he
executed the same for and in behalf
\ of said Company.
EARL c. SANS.
Subscribed and sworn to before
me this 26th day of January, 1922.
(SeaD WALTER E. COOLEY,
Notary Public in and for the County
of Los Angeles, State of Califor-
I MIA.
My Commission expires Dec 1st,
1925.
STATE OF CALIFORNIA,
County of Los Angels, SD:
| 1. L. f. HAMPTON, Clerk of the
County of Los Angeles (and ex-of-
! fcio of the Superior Court of the
State of California, in and for said
County, the same being court of
record of the aforesaid County, hav
ing by law a seaD de hereby certify
that WALTER E. COOLEY, whose
name is subscribed to the attached
certificate of acknowledgment, proof
| or affidavit, was at the time of TAX
ing said acknowledgment, proof or
! affidavit, Notary Public in and for
Los Angeles County duly commits
stoned and sworn and residing in
said County, and was, as such, an
olGcer of said State, duly authorized
| +ho 10 +o fol