The Coolidge examiner., 1943-04-02
AMENDED ARTICLES
OF
TIE GIIOOEN COMPANY

the laws of the State OF ONO
adopts these amended Articles 10
supersede and take the place OF
!ts existing Articles and for such
purpose certifies AZ follows:
FIRST: The name OF said cor
poration shall be THE GLlDDEN
COMPANY.
SECOND: The place in Ohio
whore its principal office Is locat'
- is Cleveland. Cuyahoga County
THIRD: The purpose or pur-
poses for which IL is formed are:
Manufacturing. buying and sell
ing paints. varnishes. lacquers,
dryers. japans. chemicals and all
allied products: manufacturing. re-
fining. buying and selling oils, sol
vents and all allied products used
in connection with the manufac-
ture OF paints. varnishes. lacquers.
dryers. japans and chemicals.
Mining. milling. concentrating,
converting. smelling, refining.
manufacturing. fabricating. buying.
selling and otherwise producing
and dealing in zinc. lead. copper.
iron and all kinds OF ores. metals,
minerals and pigments and the
products and byproducts thereof
OF every kind and description and
by whatsoever process same can
b. or may hereafter be produced.
Manufacturing. producing. buy
snK and selling food and cereal
products and materials OF all class
es and description: manufacturing.
refining. selling. buying and deal
ing In vegetable oils. vegetable
fats. animal oils. animal fats and
other food ingredients: and i'm
porting and exporting food prod
ucts.
Manufacturing. purchasing or
otherwise acquiring goods. wares.
merchandise and property OF every
class and description. and to hold,
own. sell or otherwise dispose Of
trade. deal in and deal with the
rame. and in general TO acquire
such properties. real. personal and
mixed. and to do and perform such
acts and things as may be neces-
Eary or incident 10 the carrying
out OF the foregoing purposes.
FOURTH: Section !. The max
imum number OF shares which the
corporation Is authorized 10 have
outstanding is one million two hun
dred thousand I.200 OO0l. which
shall be classified and shall bear
destinations as follows:
(a) Two hundred thousand
goo. .oo0) shares Of the par value Of
Fifty Dollars (S5O.OOl each shall
be Convertible Preferred Stock;
and
(b) One million $1,000. .000)
shares without par value shall be
Common Stock.
Section .. The terms and pro-
visions OF the Convertible Prefer
red Stock are as follows:
On DIVIDENDS on CON
vERTIBLE PREFERRED STOCK
The holders OF the Convertible
Preferred Stock shall be entitled
20 receive cumulative cash divi-
dends thereon when and as de-
clared nv the Board OF Directors
out OF the surplus profits OF the
Company at the rate Of four and
one-half per centum (4h9t) per
Annum payable quarter-yearly on
the first days OF January. April
July and October in each year. and
no more. Such dividends shall be
cumulative from and after July 1.
1895. so that II thereafter such
dividends for any past quarter
yesrly dividend period shall not
have been paid on the Convertible
Preferred stock. or funds for the
payment thereof set apart. and the
dividends for the then current
Quarter-yearly period shall not
have been declared and funds for
the payment thereof set apart. the
deficiency shall be fully paid or
funds for the payment thereof set
apart. but without interest. before
any dividends shall be paid or set
apart for the Common Stock.
tl DIVIDENDS ON JUNIOR
STOCK. Whenever dividends
uDon the Convertible Preferred
Stock. or other senior stock for all
past dividend periods shall have
been paid. or funds for the pay
ment thereof set apart and the
dividends for the then current div
idend period with respect to such
stock shall have been declared |
and funds for the payment there |
OF set apart. the Board of Direc- |
tors may declare dividends on the |
Common Stock. or any stock jun |
Tor 10 the Convertible Preferred |
Stock which may at the time be
outstanding payable in cash. stock /
or otherwisel out of any remain I
INK surplus profits.
C5l CONVERTIBLE PREFER |
PED STOCK CONSENT. So long
as any OF the Convertible Prefer
red stock Is outstanding. the Com
pany shall not without the affirm
ative vote or written consent of
the holders OF record OF at least
two-thirds Of the aggregate par
smount OF the Convertible Pre-
ferred Stock then outstanding
(al sell. lease or otherwise dis
pose OF all OF its property. assets
and business or substantially all
thereof or any portion thereof
which 1t Is essential for the Com
pany TO retain in connection with
the. continuance of its business: or
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