Nogales international., 1940-09-14
LEGAL NOTICE

a dividend of eight per cent (8T6)
per annum, and to no further divi-
dend, which dividend shall be cumu-
lative and shall be payable quarter
ly. In case of insolvency or dissolu-
ton of the corporation, the holders
of the preferred stock shall be en-
titled to receive from the assets OF
the corporation remaining after pay
ing it's debts and liabilities the full
amount of the par value Of their
stock with any arrearageS OF unpaid
dividends, and to no more, and all
assets thereafter remaining shall be
paid to and distributed among the
common stockholders of the Com
pany The preferred stock, or any
part thereof, is subject to redemp'
ton at the option of the Board OF
Directors upon January l, 1880, or
upon the first day of any succeeding
July or January at the price Of One
Hundred and Five ($105.00) Dollars
per share, plus all accrued and un-
paid dividends upon at least thirty
600 days notice by mail to the reg
istered holders OF the stock to be
redeemed. In case a part only OF
the preferred stock is to be re-
deemed, the particular shares to be
redeemed shall be selected by lot
by the Directors. The owner or mold
er of any preferred stock shall not
be entitled to vote thereof, nor
shall said preferred stock entitle the
owner or holder thereof to subscribe
to or participate in any future Is
sue. dividend, distribution or in
crease in the common stock OF the
Company.
7. The amount of common CAPT.
tai with which the corporation Will
begin to carry on business is One
Hundred Thirty Five Thousand Dol
lars ($135, ,O000.
8. The terms upon which the new
shares of stock of said corporation
shall be issued, in place OF such OF
the outstanding shares of stock as
are changed or affected by this GER
tificate of reorganization are as fol-
lows:
Two (2) shares of no-par value
common stock of the reorganized
company shall be issued in the
place of every one Cd share of par
value common stock Of One Hundred
Dollars ($100.00) each now out
standing.
IN WITNESS WHEREOF, c. p.
Diebel, President and Walter G..
Watt. Secretary of The Twin Dry
Cell Battery Company, acting for
and on behalf of said company have
hereunto set their hands this 10th
day of May, A. D., 1922.
THE TWIN DRY CELL
BATTERY COMPANY
BY c. P. Deibel
President,
Walter c. Watt
Secretary
(SeaD
THE STATE OF OHIO, COUNTY
OF CUYAHOGA. SIS
Personally appeared before me,
the undersigned, a Notary Public,
in and for said county, this 10th
day of May, A. D.. 1922, the above
named G. P. Deibel. and Walter G..
Watt, who being first duly sworn
depose and say that they are the
President and Secretary. respective
ly, of The Twin Dry Cell Battery
Company, and that tney have been
duly authorized to execute and file
the foregoing certificate by the votes
cast in person or by proxy OF the
holders of the records of twothirds
or more of each class of the out
standing shares of stock, entitled
to vote at a nesting called and held
upon written notice mailed to each
stakeholder of record entitled to
vote at least two weeks before the
date set for the meeting and pub
lished once a week for at least two
consecutive weeks in a newspaper
of general circulation in CuTahoga
County cf Ohio, or Cleveland, Ohio,
the place where the princlnal OF
flee of the corporation is located,
and that such notice did expressly
state the purpose of the meeting to
be that of reorganizing the above
corporation, pursuant to Snct1on
8728-1 to 8728-12 of the General
Code, so as to permit the issuance
of shares of stock without par value
and stated the terms upon which
the outstanding shares Of stock
were to be exchanged for the new
shares Of stock.
Cyril P. Deibel
Walter G.. Watt
Sworn to before me and Subscrib-
ed in my presence this 10th day of
May, A. D., 1922.
RObb o. Bartholomew
Notary Public
(SeaD
THE STATE OF OHIO, COUNTY
OF CUYAHOGA, SIS
I, George Wallace, Clerk of the
Court of Common Pleas: within and
for the county aforesaid do hereby
certify that Robb O. Bartholomew
whose name is subscribed to th7
foregoing affidavit as Notary Pub
lie at the date thereof, Notary
Public, in and for said county. duly
commissioned and qualified; and
further, that I am we'll acquainted
with his handwriting and believe
the signature to said acknowledg
ment is genuine.
In Witness Whereof. I have here
| unto set my hand and affixed the
seal of said Court, At Cleveland,