The Coolidge examiner., 1943-04-16
AMENDED ARTICLES
OF
THE GLlDOEN COMPANY

ADOPTS tuF-f aulFltfN AiGNlta ~
surserseie and take the place Of
Is existing Articles. and for such
purpose certifies a. follows:
FIRST. The name OF said cor
soration shall be THE GLIDDEN
-ONPANY.
SECOND. The place In Ohio
where SIS principal office is locat-
a j. Cleveland. Cuyahoga County.
THIRD. The purpose or pur-
soses Tor which IL Is formed are:
Manufacturing buying and sell
~ paints. yarnishes. lacquers.
lryers. japans. chemicals and all
lied products: manufacturing. re-
lninE. buying and selling oils. sol
ents and all allied products used
n connection with the manufac-
ure OF paints. varuishes. lacquers,
ryers. japans and chemicals.
Mining. milling. concentrating.
onverting. smelling. refining.
manufacturing fabricating. buying.
ellinE and otherwise producing
nd dealing in zinc. lead. copper.
on and all kinds OF ores. metals.
Minerals and pigments and the
roducts and byproducts thereof
every kind and description and
; whatsoever process same can
> or may hereafter be produced.
Manufacturing. producing. buy
AZ and selling food and cereal
roducts and materials OF all class
and description: manufacturing.
filming. selling. buying and deal
ar Ia vegetable oils. vegetable
ats. animal oils. animal fats and
her food ingredients; and Inn
1rting and exporting food prod
rs
Manufacturing purchasing or
herwlse acquiring goods. wares.
erchandise and property OF every
ass and description. and to hold.
rn. sell or otherwise dispose OF,
ade. deal IN and deal with the
.me. and In general TO acquire
sch properties. real. personal and
ixed. and 10 do and perform such
ts and things as may be neces-
" or incident 70 the carrying
4 Of the foregoing purposes.
FOURTH. Section l. The max
lum number OF shares which the
rporation Is authorized 20 have
tstanding is one million two hun
ed thousand G.200 00O). which
all b. classified and shall bear
siEnations as follows:
Ca Two hundred thousand
ID. .a0ol shares of the par value OF
fty Dollars CS500Ol each shall
Convertible Preferred stock;
q
fbl one million (l.000.000)
ares without par value shall be
mmon Stock.
Section >. The terms and pro
sions OF the Convertible Prefer
: Stock are as follows:
~ DIVIDENDS on CON
.RTIBIE PREFERRED STOCK.
. holders OF the Convertible
pferred Stock shall be entitled
receive cumulative cash divi-
ads thereon when and as de-
red by the Board OF Directors
of the surplus profits OF the
mpany at the rate of four and
half per centum (4lATo) per
,nm payable quarter-yearly on
first DAYS OF January. April.
Y and October in each year. and
more Such dividends shall be
nulaiive from and after July 1.
S. 50 that II thereafter such
idends for any past quarter
rly dividend period shall not
been paid on the Convertible
ferreG stock. or funds for the
ment thereof set apart. and the
dends for the then current
rteryearly period shall not
. been declared and funds for
payment thereof set apart. the
cheney shall be fully paid or
Is for the payment thereof set
II. but without interest. before
dividends shall be paid or set
Z for the Common Stock.
y DIVIDENDS on JUNIOR
ACK. Whenever dividends
the Convertible Preferred
<. or other senior stock for all
dividend periods shall have
4 paid. or funds for the pay
thereof set apart and the
sends for the then current div
{ period with respect TO such
shall have been declared
funds for the payment there
- apart. the Board of Direc-
may declare dividends on the
mon Stock. or any stock Jun
10 the Convertible Preferred
which may at the time be
anding payable in cash. stock
herwisel out OF any remain
surplus profits
CONVERTIBLE PREFER
STOCK CONSENT. So long
az OF the Convertible Prefer
stock is outstanding. the Com
shall not without the affirm
vote or written consent of
holders OF record of at least
birds of the aggregate par
Mt OF the Convertible Pre-
4 Stock then outstanding
sell. lease or otherwise dis
OF all OF its property. assets
business or substantially all
of OF any portion thereof
Il is essential for the Com
20 retain in connection with
1ntinuance of its business: or
enter into any merger or
lidation involving the extinc-