The border vidette., 1928-10-20

and after the date OF it's incorporation.
That the number of Directors of said
corporation shall be fifteen ll5), and
that the names and residences OF those
appointed for the 6rst year to serve
until Q Board of Directors is selected
by the stockholders, are:
Names Whose Residence Is:
S.SF. McClung, Los Angeles, Calf.
r. s. H0agland. Los Angeles. Calf.
Douglas &c. Moore, Los Angeles Calf.
e. J. Winnings, Los Angeles, Calf
Blake Franklin. Glendale, Calf.
w. c. Green, Los Angeles. Calf.
e. G. Potter, Los Angeles, Calf.
j. w. 6haffer, Pasadena, Calf.
e. L. Lawrence, Glendale, OalH.
y. w. Fuller, Los Angeles, Calf.
B. L Fredenbur, Los Angeles, Calf
B. Mcclure, Los Angeles, Calf.
B. A. N. Grant. South Pasad ena. Calf.
A s. Nickerson, Los Angeles, Calf.
N. w. Mcleod, Los Angeles, Calf.
~ SIXTH
That the amount of capital stock Of
the Corporation is Twelve Million Dol.
lars 1912, ,OOO,OOO) divided into Four
Hundred Eighty Thousand (400, OOO)
shares of the par value of Twenty five
Dollars (@25) each; of such total capital
stock, Two Hundred Eighty thousand
(26O, OOO) shares amounting to Seven
Million Dollars (S7 900 OOO) par value
are and shall be preferred stock, and
Two Hundred Thousand 900, OOO)
shares amounting to Five Million Dol.
lars ($5, 600 900. par value are and shall
be common stock.
OF the preferred stock, Eighty Thou.
sand t80,O0O) shares amounting to Two
Million Dollars $4,000 O0O) par value
shall be known AS "Series AZ and
Forty Thousand 40 0OO)shxres amount
ing to One Million Dollars ($1 .OO0, ,OOO)
par value shall be known as Series B''
and Eighty Thousand (8O,O0O) shares
amounting to Two Million Dollars (S2,-
600, ,O0ODpsr value shall be known as
s'Series G." and Eighty Thousand $780,.
O00) shares amounting to Two Million
Dollars (S2 600. .000) par value shall be
known as "Series n'' There shall be
no distinction or preference between
''Series Al, 'Series b.. "Series G."
and "Series D"of the preferred stock
except as follows: The stook of ''Series
B" may be redeemed by the corpora
tion at any Dividend date by the pay
ing to the holder OF such preferred
stock the par value OF such preferred
stock and such further amount as to-
gether with the dividends heretofore
paid upon such preferred stock, shall
be equal to eight percent (8 percent)
per annum from the date of the issue
thereof, and premium OF Eve per
cent e percent) OF the par value OF
such preferred etock. The stock of
'Series d. may be redeemed by the
corporation at any Dividend date after
August /, 1929. by paying to the holder
ofsnch preferred stock the par value of
such preferred stock and such further
amount as together with the dividends
heretofore paid upon such preferred
stock shall be equal to seven per cent
q per cent) per annum from the date o.
the issue thereof. and q premium of
Eve Is per cent) OF the par value OF
preferred stock. A written notice OF
such redemption shall be given to each
holder of record OF the stock so to- be-
redeemed, by mailug such notice at
least thirty (30t days p,ior to the date
redemption, directed to the address
that such holder shall have. previously
designated In Writing b el with the
Secretary of the corporation, and IL no
6uCu uCrlk uhLN II EuHI udfO UCCu ulSU,
then such notice shall be addressed to
such stockhoidar at Los Angeles, Cali
iornis. In case Of redemption at any
one time Of less than the whole amount
OF such outstanding preferred stock
("Series b. or Series ID pro, rata
number OF the shares held by eachssuch
preferred stockholder of the particular
series involved shall be redeemed, pro.
vided that il any stock hClder's g pro rata
10 be s9sfedeemed. includes fraction