The Winslow mail., 1922-06-16
Certificate
RELATIVE TO AMENDMENT OF
ARTICLES OF INCORPORATION
J. C. PENNEY COMPANY

Corporation CTedleO, organized anu
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
f Utah, that at the Annual Meeting
J the stockholders of the Cor pora-
ton, duly, regularly and legally
called and held upon due notice
hereof, and said notice having been
given by publication thereof for
period of twenty-one GID days in
Salt Lake Tribune, 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 tc
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 i'll 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 sos
Boston Block, Salt Lake City, State
oil Utah, on the 18th day of January
1922 at one o'clock in the afternoon,
1T which more than a majority of
til of the outstanding shares of the
capital stock of said Corporation en-
titled to vote therdat, was repre-
sented by the owners! and holders
thereof in person or by proxy; the
following 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
| Meeting, and the said Amendment
was regularly and legally adopted
and passed amending the said Art
icles 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 (50,000)
shares O: Common Stock of the
par value of One Hundred Dollars
($100) per share to One Hundred
Thousand Q00,00O shares of
Common Stock of the par value
of One Hundred Dollars ($100)
per share;
NOW, THEREFORE,, BE 1T Re-
SOLVED that Article VIII, Para
graph % 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,-
OOO), divided into One Hundred
Thousand 100000 shares of
| Common Stock of the par; value
Of One Hundred Dollars ($100)
| per share and One Hundred Thou
sand (100,000) 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 G. 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
EARL c. SANS, who being by me
duly sworn, did say: That he is
the President of the J. G. PENNEY
COMPANY, a Corporation of Utah,
and that said above instrument was
signed in behalf of said Corporation
j by authority of the resolution duly,
regularly and legally passed at a
regular meeting of the stockholders,
/ duly, regularly and legally called
! and held upon notice for said pur-
! pose, and that the said EARL c.
| 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-
| MIA.
. My Commission expires Dec. 1st,
j 1925.
STATE OF CALIFORNIA,
County of Los Angels, ss:
| L.. l.. E. HAMPTON, Clerk Of the
County of Los Angeles (and ex-of-
ficio of the Superior Court of the
State of California, in and for said
County, the same being a 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
oiEcer of said State, duly authorized