Arizona state miner., 1927-03-19
TO ARTICLES OF INCoR.
PORATION OF KELLY PRINTING
4 PUBLISHING COMPANY
v All Men BY These Presents


Know All Men BY These Presents:
That at q meeting Of the stockholders of
Kelly Printing & Publishing Company held
pursuant to call at the town of Stafford,
County of Graham, State of Arizona the
9Th day of February, 1927. all the stock of
animously adopted. the. following amend
,ments to,sthe Aytiefes of incorporation of
said Kelly Printing & Publishing Company
were adopted and the Board of Directors of
said corporation duly authorized to
execute acknowledge, record and publish
said amended articles.
First. Article III is hereby amended to
read follows:
Article III.-The principal place of busi-
ness of this corporation is Phoenix, Arizona,
but main or branch offices may be main
tanned and every kind and character of busi-
ness conducted, including directors and
stockholders meetings; at other places with
in or without the State of Arizona at the
orders of the Board of Directors.
Second. Article V is hereby amended to
read follows:
Article V-The amount of the capital
stock of this corporation shall be Three
Hundred Thousand ($300 00000) Dollars, con-
sisting of Shares of stock follows:
Twenty-Five Thousand (25,OO0l shares of
common stock, of the par value of Ten
$4,000 Dollars per share;
Five Hundred (500) shares of preferred
stock of the par value of One Hundred
($10000) Dollars per share:
teed dividend of six per cent $500 per
annum, and shall be redeemable in cash, at
par, at the option of the corporation, at any
time after five (5) years from the date OF
the issuance thereof At any time after (5)
years from the date of the issuance of such
preferred stock, the holder thereof may at
his option, cause the to be converted
into common stock, at par, and such stock
| shall thereafter be listed on the books of the
| corporation such.
For the purpose of securing the payment
| iuid
/, ferred stock, the net earnings of the cor
poration shall be annually reserved and
made available for such expenditure only
| until the same shall have been fully paid tor
each current year.
! Stock to be issued shall be paid for in
cash, services or property, at not less than
the par value thereof, and when issued shall
| be and become fully paid and forever non
| assessabe; the judgment of the Board OF
Directors as to the value of property taken
in exchange for stock shall be conslusive in
| the absence of fraud.
Third. Article VII is hereby amended to
/ read as follows:
| Article VII-The affairs of this corpora
ton shall be conducted by Board of Dl-
rectors consisting of seven Cd members, who
| shall be stockholders of this corporation. Said
directors shall be elected at the annual meet
| ing of the stockholders, and shall serve for
one year, and until their successors are elect
ed and qualified, unless they shall in the
| meantime cease to be stockholders IN this
corporation, and any person ceaslng to be
| StOckhOlder this corporation, Shall CEASE
to be a director or officer in the same The
annual meeting of the corporation shall be
held at such place and hour as may be pre-
scribed by the Bylaws of the corporation,
on the first Tuesday after the first Monday
in May of each year. Special meetings may
be held at such time and place. and in such
manner as may be prescribed by the BY
Laws of the Corporation. The lncorporators
shall be the first directors, and shall serve
until the first annual meeting of the stock
holders of this corporation, and until their
successors are duly elected and qualified
If at any time a vacancy in the Board
of Directors shall occur, such vacancy may
be filled by the remaining directors in office.
The person so elected to fill a vacancy shall
serve during the unexpired term OF his
predecessor, and until his successor is elected
and qualified
In Witness Whereof, we, the directors of
said corporation, have hereunto set our
hands this 9th day of February, 1921
w. B. KELLY,
| W. H. KELLY
By A. L. McGehee, Proxy
w. w. PACE
RUTH STERNE KELLY,
DAISY McCOLLUM.
STATE OF ARIZONA,
| me- this 18th day of February, by w. B.
Kelly, Ruth Sterne Kelly, Daisy McCcdlum
| W. w. Pace and A. L. McGehee, known to
| me to be the persons whose names are sub
| scribed to the foregoing instrument, and who
| stated to that they executed the same
/ for the purpose and consideration therein
expressed.
Given under my hand and seal of office
this 18th day of February. 1927.
(Notarial SeaD c. HOOKER
My commission expires Oct. 6, 1927.
ENDORSEMENT
Arizona Corporation Commission = Incor.
porating Department: Filed March IA, 1927
! at 10 m. at request of A. B. Lynch, whose
address is S04 NATL. Bank of Arizona Bldg.
| Phoenix, Arizona.
T. J. K. MCBRIDE,
| Secretary.
By PEARL JONES.
First March &c. 1927.
Last April 20, 1927.