Arizona state miner., 1927-04-09
AMENDMENT TO ARTICLES OF MOOR
PORATION OF KELLY PRINTING
& PUBLISHING COMPANY


Know All Men BY These Presents:
That at a meeting of the stockholders of
Kelly Printing & Publishing Company, held
pursuant to call at the town of Stafford,
| County of Graham, State of Arizona, on the
| 9th day of February, 1927, all the stock of
represented in person, by resolution
animously adopted, the following amend
ments to the Articles 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 bust
ness of this corporation is Phoenix, Arizona,
| but main branch offices may be main
tanned and every kind and character of bust
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 is hereby amended to
| read as follows:
Article v.-The amount of the capital
stock of this corporation shall be Three
| Hundred Thousand ($30o ,000.00) Dollars con-
sisting of Shares of stock follows:
Twenty-Five Thousand (25,oOO) shares of
| common stock, of the par value OF Ten
| $4,000 Dollars per share;
| Five Hundred 5000 shares of preferred
| stock of the par value of One Hundred
| (S10O.O0) Dollars per share.
! Said preferred stock shall bear guaran-
/ 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 ~ 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, the same to be converted
| into common stock, at par, and such stock
shall thereafter be listed on the books of the
corporation as such.
For the purpose of securing the payment
of such guaranteed dividends upon said pre-
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 for
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
assessable; the judgment of the Board OF
Directors to the value of property taken
in exchange for stock shall be conclusive IN
the absence of fraud.
Third. Article VII is hereby amended to
read follows:
| ton shall be conducted by Board of Dl-
, rectors consisting of seven (7) members, who
!. shall be stockholders of this corporation SAID
directors shall be elected at the annual meet
ing of the stockholders, and shall serve fol
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 De
stakeholder in this corporation, shall cease
to be a director or officer in the same. The
annual meeting of the corporation shall bt
held at such place and hour as may De pre-
scribed by the Bylaws of the corporation
on the first Tuesday after the first Monday
: in May of each year. Special meetings ma!
. be held at such time and place, and in sucf
manner may be prescribed by the BY
| Laws of the Corporation. The incorporation
shall be the first directors, and shall serv'
. until the first annual meeting of the stock
holders of this corporation, and until tnell
successors are duly elected and qualified.
Z If at any time a vacancy in the Boart
of Directors shall occur, such vacancy may
be filled by the remaining directors in office
The person so elected to fill vacancy shall
serve during the unexpred term of hi!
predecessor, and until his successor is elected
and qualified
In Witness Whereof, we, the directors Of
said corporation, have hereunto set oul
hands this 9th day of February, 1927.
w. B. KELLY,
w H. KELLY,
By A. L. McGehee, Proxy
W. w. PACE,
RUTH STERNE KELLY,
DAISY McCOLLUM.
STATE OF ARIZONA,
: County of Graham.
This instrument was acknowledge befor,
me, this 18th day of February, by w. B
Kelly, Ruth Sterne Kelly Daisy McCollum
w. W. Pace and A. L. McGehee known t
me to be the persons whose names are sub
scribed to the foregoing instrument, and whC
stated TO me That they executed the same
, for the purpose and consideration therei1
expressed.
Given under my hand and seal of office
this 18th day of February, 1927
(Notarial SeaD c. HOOKER.
, NY commission expires Oct g. 1927.
ENDORSEMENT
Arizona Corporation Commission - Incor
porating Department: Filed March IA, 1927
at 10 am. at request of A. B. Lynch. who's
address is 304 Natl. Bank of Arizona Bldg.
Phoenix, Arizona.
T. j. K. MCBRIDE,
Secretary.
By PEARL JONES.
First March 16, 1927.
Last Anril 20 1907