The Coconino sun., 1926-01-15

25,000.00
full both the par amount of their
shares and the unpaid dividends ao-
crued thereon before any amount shall
be paid tothe holders Of the common
stock, and after the payment to the
holders of the preferred stock Of its
part value and the unpaid accrued
dividends thereon, the remaining as
sets and funds shall be divided and
paid to the holders Of the common
stock according to their respective
shares.
The whole Of the preferred stoct at
any time issued and outstanding may
at any time and from time to time be
redeemed and retired on the date Of
payment Of any preferred stock divi-
dend, at the option of the Board of
Directors, upon three (3) months
previous notice to the holders of rec
ord thereof given in such manner as
may be prescribed by resolution of
said Board, by paying therefor in
cash the par value thereof of One
Hundred Dollars (S100.00) per share
and all unpaid accrued dividends
thereon at the date fixed for such re-
demption.
5. The number of shares of stock
with which this corporation shall
commence business is ten (10) shares
of common stock.
6. The names and places of resi-
dence of each of the original subscrib
ers to the capital stock and the num-
Der of common shares without par
value subscribed for by each are as
follows:
Name, Residence, Number of shares
of Common Stock.
Samuel G. Wood, $50 Broadway,
New York city, a.
Harry C. Hand, $50 Broadway, New
York city, 3.
Raymond j. German, 15O Broadway,
New York city, 3.
z. The existence of this corporation
shall be perpetual.
s. The number of directors of this
corporation shall be fixed by the by
laws of this, corporation and may be
altered from time to time as may be
provided in the bylaws of this cor
poration.
8. The private property Of the
stockholders of this corporation shall
not be subject to the payment of debts
of this corporation to any extent
whatever.
10. Both the stockholders and di-
rectors of this corporation shall have
power, if the bylaws of this corpora
tion SO provide, to hold their meet
ings either within or without the State
of Delaware, and to have one or more
offices Tin addition to the principal
office in Delaware) and to keep the
books of this corporation (subject to
the provisions of the statutes of the
State Of Delaware) outside of the
State of Delaware, at such places as
may be from time to time designated
by them.
II. This corporation reserves the
right to amend, alter, change or re-
peal any provision contained in this
certificate of incorporation, in the
manner now or hereafter prescribed
by statute, and all rights granted to
stockholders herein are granted sub
ject to this reservation.
IN WITNESS WHEREOF, we have
signed, executed and acknowledged
this certificate and do respectively
agree to take the number of shares
of stock hereinbefore set forth oppo-
site our names, and accordingly. have
hereunto set our hands and seals this
17th day Of July, 1925.
SAMUEL G. WOOD L.S.)
HARRY G. HAND (L.S.)
RAYMOND j. GORMAN (L.S.)
State of New York, City and County
of New York, SIS:
On this 18th day of July, 1925, be-
fore me personally came and APP
peared SAMUEL c.. WOOD, HARRY
G. HAND and RAYMOND J. COR
MAN to me known and known to me
to be the individuals described in and
who executed the foregoing instru-
ment and they duly severally ac-
knowledged to me that they executed
the same.
JULIA X. NEVIN,
Notary Public, Bronx County No.
%, Certificate Filed in New York
County No. 20. Term expires March
30, 1925.
JULIA r. NEVIN
Notary Public
Bronx County, N. Y.