Nogales international., 1940-08-17
LEGAL NOTICE

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| 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 tdll
amount of the par value OF thelr
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
mon 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 tnlrty
(3O) days notice by mail to the reg
istered holders of the stock to De
redeemed. In case part only ol
the preferred stock is to be re-
deemed. the particular shares TO pe
redeemed shall be selected py loC
bv the Directors. The owner or tloio-
er of any preferred stock snau nol
he entitled to vote Thereon, nor
shall said preferred stock entltle che
owner or holder thereof to SUBSCRIBE
to or participate in any future 10
she dividend, distribution or IN
crooce in the common stock OF the
Company.
7. The amount of common capl,
tai with which the corporation VIII
heoin to carry on business is one
Hundred Thirty Five Thousand dol
lars ($135, ,000o.
g. 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 1ol-
lows:
Two (2) shares Of no-par value
common stock of the reorganlzed
company shall be issued in the
place Of every one Cd share OF par
value common stock Of One Hundred
Dollars ($1O0. .00) each now out-
standing.
IN WITNESS WHEREOF, G. P.
Diebel, President and Walter u.
Waitt. Secretary of The Twin Dry
Cell Battery Company, acting 1or
and on behalf of said company have
hereuntc, set their hands this 10th
day of May, A. D., 1922.
THE TWIN DRY CELL
BATTERY COMPANY
BY C. P. Deibel
President,
Walter G.. 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 c. P. Deibel end Walter G.
Watt, who being first duly sworn
depose and say that they are the
President and Secretary. respective
". 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 two-th1rds
or more of each class of the OUT
standing. shares of stock, entitled
to vote at nesting called and helo
upon written notice mailed to each
stcckholder 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 Cuyahoga
County Of Ohio, or Cleveland, Ohio,
the place where the principal OF
flee of the corporation is located,
and that such notice did expressly
state the purpose of the meeting TO
be- that of recrganizing the above
corporation, pursuant to- Section
8728-1 to 8728-T2 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 subscrlb-
ed in nv 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 0. Bartholomew
! whose name is subscribed to th7
| foregoing affidavit as a Notary Pub
lie at the date thereof, q Notary
Public. in and for said ccunty, duly
commissioned and qualified; and
further, that I am we'll acquainted
| with his handwriting end De'leVe
| the signature to said acknoWiedg-
ment is genuine.
In Witness Whereof. have here
unto set my hand and affixed Jne
seal of said Court, At ClevelandI'
Ohio, this II day of May, A. D.,
1922.
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