The Coolidge examiner., 1942-04-03
CORPORATE
SEAL

CORPORATE
! SEAL
! STATE OF NEW YORK
Comfy OF NEW YORK SIS
BE IT REMEMBERED that or
this 10Th day of February. 1885
personally came before me, En-
incline Dryer, notary public In
and for the County and State a
foresaid. duly commissioned anC
sworn to take acknowledgement ol
proof of deeds, Alden Z. Stilson
President of Morse Boulger De
structor Company, a corporation ol
the State of Delaware. the corpor
alton described in the foregoing
certificate, known to me personal
ly TO be such, and he, the said
Alden f. Stilson, as such Presi
dent duly executed said certificate
before me and acknowledged the
said certificate to be his act and
deed and made on behalf of said
corporation: that the signatures OF
the said President and OF the
Secretary of. said corporation to
said foregoing certificate are in
the handwriting of the said Presi
dent and of the Secretary of said
corporation. respectively. and that
the seal affixed to said certificate
is the common or corporate seal
OF said corporation. and that his
/ act of sealing, executing, acknowl
edging and delivering the said GER
tificate was duly authorized by the
stockholders of said corporation.
IN WITNESS WHEREOF,
have hereunto set my hand and
the seal of office the day and year
! aforesaid.
Emmeline Dryer
| EMM,ELINE DRYER-Notary Pub
lie NY. Co Clk's No. 191, Reg
No. 5D225
EMMELINE DRYER
NOlAh PUbLlC
NEW YORK COUNTY, NY.
CERTIFICATE OF REDUCTION
OF CAPITAL OF MORSE BOULr
GER DESTRUCTOR COMPANY
adopted in accordance with the
provisions of Section 2S OF
Chapter 65 of the Revised Code
as amended, OF the state OF
Delaware.)
Morse Boulger Destructor Com
pany, a corporation organized and
existing under the laws Of the
State of Delaware, hereby certifies
as follows:
FIRST: That at a meeting OF
the stockholders called pursuant
TO a resolution of the Board of Di-
rectors in accordance with the pro-
visions of Section 28 of the Gen
eral Corporation Law of Delaware,
the holders of record OF majority
Of all of the shares OF capital
stock of the corporation outstand-
ing and entitled to vote, duly
adopted a resolution to reduce the
capital of the corporation from
One Hundred Thousand Dollars
($100,O00.00) to Forty Thousand
Dollars ($4O,00O.OO), said reduc-
tion of capital to be affected in
the following manner:
The par value of the one thou
sand 10000 shares Of common
stock is reduced from One Hun
dred Dollars ($100.00) per share
to Twenty Dollars (S20.00) per
share, and a new issue of two
hundred (2O0) shares of preferred
stock, par value One Hundred
Dollars (s10O.OO) each, is provid
ed for None of the common stock
| is to be redeemed or retired OF
purchased by the Company, nor
are any capital payments to be
made thereon to any of the stock
|
to receive one % share of com
mon stock, par value Twenty Dol
lars (S20.00) each, in lieu of one
1) share of common stock, pal
value One Hundred Dollars ($100.
00) each, heretofore held by said
common stockholders, and the
capital stock account upon the
books of the Company to be re
duced accordingly, the newly au
thorized preferred stock to be uset
either in payment of creditors Of
to secure new capital for the
Company.
SECOND: The assets of the cor
poration remaining after such re