Arizona state miner., 1927-04-02
AMENDMENT TO ARTICLES OF INCOR-
PORATION OF KELLY PRINTING
& PUBLISHING COMPANY
Know All Men By These Presents:

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
said corporation issued and outstanding being
animousIy adopted, the following amend
ments to the Articles of Incorporation of
said Kelly Printing & Publishing Company
adopted and the Board of Directors of
execute, acknowledge, record and publish
said amended articles.
First. Article III is hereby amended to
read as follows:
Article III.-The principal place of bust
ness of this corporation is Phoenix, Arizona,
but main or branch offices may be main
tanned and every kind and character OF busl-
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 as follows:
Article V.-The amount of the capital
stock of this corporation shall be Three
Hundred Thousand ($3O0 100000 Dollars, con-
siSting of Shares of stock as follows
Twenty-Five Thousand (25,000l 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
(S1OO.0O) Dollars per share.
Said preferred stock shall bear a 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 (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 on the books OF the
corporation 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 Tor IN
cash, services property, at not less than
the par value thereof, and when issued shall
be and become fully paid and forever nom
assessable; 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 60 members, VINO
shall be stockholders of this corporation. Salo
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
! oCOOAhOANCAO VIM
/ corporation, and any person ceasing to be a
! stockholder in this corporation, shall cease
to be director officer in the same Inc
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 incorporators
shall be the first directors, and shall serve
until the first annual meeting of the stock
holders of this corporation, and until thelf
successors are duly elected and qualified
If at any time 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 vacancy shall
serve during the unexpired term OF his
predecessor, and until his successor is elected
and qualified
said corporation have hereunto set our
hands this 9th day of February, 1927.
Wa 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 before
me- this 18th day of February, by w. B.
Kelly, Ruth Sterne Kelly, Daisy McCollum
| 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 me 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 Sea) 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. whose
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.