The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-11-11

PLEAsANTVILLE LAND COMPANY
Certificate of Decrease of Capital
Stock and Amendment of Certificate
NJ

PLEASANTVILLE LAND COMPANY
Certificate of Decrease of Capital
Stock and Amendment of Certlfica tie
of Incorporation.
The Pleasantyille Land Company, a
corporation of the State of New Jer-
sey, by its President and Secretary,
does hereby certify:
!. That the principal office of the
company is at sos South Main Street,
Pleasantville. Atlantic County, New
Jersey, and that the agent therein and
in charge thereof and upon whom pro-
cess against the corporation may be
served is Jesse l.. Risley.
2. That the Board of Directors of
said corporation at a meeting duly
convened and held on the End day of
September. A. ID. 1927, passed a reso-
luton stating that the decrease in the
authorized capital stock and amend
ment of the Certificate of Incorpora-
ton hereinafter set forth are advisa-
bic and calling a meeting of the stock
holders to take action thereon.
3. That thereafter on the 10th day Of
September, A d. 1927, pursuant to
such call of the Board of Directors
and upon notice given to each stock
holder as provided in the Bylaws,
the Special Meeting of the stockhold-
ers of the company was held at which
meeting more than two thirds in in
tereSt OF each class of the Stockhold-
ers having voting powers We're pres
ent in person or represented by proxy
and that more than two-thirds in in
terest of each class of the stockhold-
ers having voting powers voted in ia
Vor of such decrease of capital stock
and amendment of the Certificate OF
Incorporation.
A. That said decrease of capital
stock, the manner of effecting the
same and the terms and conditions
thereof are as follows:
ca in he or I1C,%f .zr.d 81
stock of the company from $12 900, di-
vided into 1900 shares of the par value
of $40 each. to S2400 divided into 1900
shares OF the par value of So each.
such reduction to be effected by the
surrender by every stakeholder of ali
of the shares now held by him or her
of the par value of SO each. and the
issuance to him or her in lieu thereof
OF certificate for the same number
OF shares of the par value of So each
and the cancellation of his or her La
blllty for any and all assessments to
which the stock presently held by him
or her is or may be subject and the
payment to him or her in cash of 81
per share of the stock presently held
by him or her. and to this end Arti-
Gle Third of the Certificate of Incor-
poration as heretofore amended was
further amended so as to read as fol-
lows:
THIRD: That the total am
cunt OF the capital stock of said
company shall be s2400, divided in
to 1900 shares of the par value of
So each"
5. That at said meeting of the
stockholders the foregoing decrease of
capital stock and amendment of the
Certificate of Incorpora tion was as
sented TO in writing by more than
two thirds in interest of each class of
the stockholders having voting pow
ers, which said written assent is here
to appended.
s. That the company only has one
class of authorized capital stock of
which 1900 shares are issued and out
standing.
IN WITNESS WHEREOF, the said
Pleasantville Land Company has caus-
ed this Certificate to be signed by its
President and Secretary and its cor
porate seal to be affixed this sixteenth
day of September. A. d. 1927.
PLEASANTVILLE LAND COMPANY
By Jesse l.. Risley, President.
JOHNNY. Hackney, Secretary
Signed, sealed and delivered by
Jesse L. Risley, President, in the
presence of
JOHN w. HACKNEY,
Secretary.
corporate SeaD
Attest:
JOHN w. HACKNEY,
Secretary.