Arizona state miner., 1927-03-26
AMENDMENT TO ARTICLES OF INCoR-
PORATION OF KELLY PRINTING
& PUBLISHING COMPANY
now All Men By These Presents

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, the
9th day of February, 1927, all the stock of
said corporation issued and outstanding being
represented in person, by resolution un-
ments to the Articles of Incorporation of
said Kelly Printing & Publishing Company
were adopted and the Board of Directors of
said corporation were 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 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 ($300,00O.00) Dollars, con-
sisting of Shares of stock ae as fol follows
Twenty-Five Thousand (25,090) 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
($100.O0) Dollars per share.
Said preferred stock shall bear guaran-
teed dividend of six per cent (6%o) 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, the same to be converted
into common stock, at par, and such stock
shall thereafter be listed the books of the
corporation such.
he
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 as to the value of property taken
| in exchange for stock shall be consluslve IN
the absence of fraud
Third. Article VII is hereby amended to
read as follows:
/ Article VII-The affairs of this corpora
tion shall be conducted by a Board of Di-
rectors consisting of seven 90 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
| cOrpOraClOn, ana any pSISOu OocoAAH5 W NC q
stockholder in this corporation, shall cease
to be a director or officer in the same. The
annual meeting of the corporation snail bt
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 sucf
manner as may be prescribed by the By
Laws of the Corporation. The incorporator'
shall be the first directors, and shall serve
until the first annual meeting OF TIE stock
holders of this corporation, and until then
successors are duly elected and qualified.
If at any time vacancy in the Boart
of Directors shall occur, such vacancy ma!
be filled by the remaining directors in office
serve during the unexpired term of hi
predecessor and until his successor is elected
and qualified.
In Witness Whereof, we, the directors O
said corporation, have hereunto set oul
hands this 9th day of February, 1927.
w. B. KELLY,
W. H. KELLY,
By A. L. McGehee Prox!
W. w PACE,
RUTH STERNE KELLY,
DAISY McCOLLUM.
STATE OF ARIZONA,
County of Graham.
This instrument acknowledge befor
me, this 18th day of February, by w.
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 wh'
stated to me that they executed the SAM
for the purpose and consideration therein
expressed.
Given under my hand and seal of office
(isIe GNotariai uai seal) Sea- ; : ~ N c. HOOKER.
My commission expires Oct 6, 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 April 20, 1927.