The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1927-11-04

PLEASANTvILLE LAND COMPANY
Certificate Of Decrease of Capital
Stock end Amendment of Certificate
of Incorporation.
The Pleasantvile Land Company. a
corporation of the State of New Jer-
sey. by it's President and Secretary,
does hereby certify:
l. 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. d. 1927, passed reso-
luton stating that the decrease in the
authorized capital stock and amend l.
ment of the Certificate of Incorpora-
ton hereinafter set forth are advisa
BILE and calling a meeting of the stock
holders to take action thereon.
8. That thereafter on the 10Th day OF
September, A. d. 1927. pursuant to
such call of the Board of Directors
holder as provided in the Bylaws,
the Special Meeting of the stockhold
ers of the company was held at which
meeting more than thirds in in
terest of each class of the stockhold-
ers having voting powers We're pres
tlll III DcISOil VI itpi tStIiltu ny DIOAy ,
and that more than two thirds in in
terest of each class of the stockhold-
erS having voting powers voted in fa =
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:
A decrease in the authorized capital
Il. . o
Vided into 1900 shares of the par value
of SO each, to $1,000 divided into 1900
shares of the par value of So each.
such reduction to be effected by the
surrender by every stakeholder of all
of the shares now held by him or her
of the par value of $40 each, and the
issuance to him or her in lieu thereof
of a certificate for the same number
of shares of the par value of 50 each,
and the cancellation of his or her la
bility 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 So
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 vas
further amended so as to read as fol-
lows:
THIRD: That the total am
cunt of the capital stock of said
company shall be $2400. divided in
10 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 Incorporation was as
sented to in writing by more than
two thirds in interest of each class of
the stockholders having voting DOW
ers which said written assent is here
to appended.
g. 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. ID. 1927
PLEA AWHILE LAND COMPANY
BY Jesse L. Risley, President
John w. 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