Evening star., 1948-01-10

OF Proposed Resolution Dtmtntshtng the
e snd as
companyins this notice.
!S To consider ..sI,a and t.s yoss upon ~, @ gsc-
tificate OF incorporation. as heretofore
amended. substantially In the manner set
forth, forth in the ssid "coPZ Of Proposed Rssc-
Of which amendment, Il adopted. win 30
ta) Fix the number Of trustees Of me
than fifteen, as provided in the By-iAwss
o, Authorize the Board Of Trustees 70
posed OF more than three members IN
% itsis # s, 'as sh. esaess sTssa :mssf q
'tsl Gi.' To transact such other and further
M business ss may properly come oefors
1 s,G5SaA 5sEAs9s X s3ssISS SssR2H ISSSSSEHzza
3. Y. TpAAhSoTT pAHkHE
JOHN TYssOWsN
COPY o. PROPOSED RzssES4soss sss5isssis
coFR2HbTsoEo WSsb ! EoqERoe' 2E SPoD.
To be submitted at General Nesting
Of Preferred and q Common ssockholdsrs
on REsoIvkp. iseS that sas the Certificate of In:
sSis s%snd.d s. ssssssas
una Arss new xss. Reassh 70 r..a
..nEs' tn ,,ss smsuas 4 &. & tes total
thousand dollars $500, ,Soo!: son.issins Issa
Ct oo two hs4ss d,S:a sss:a' into sa'uiSd
stock Of the par value Of one hundrsd
aPsEs lee each ahs sss b.
STOCK ''d desiensted @ as "5S Ps.fsrred ssoef
or s ana nd's Y, .Ha so s
par O value of ten dollars lsio5 eseh: ..,
shares ash q p Ps.i.rred sPs stoe .ssd I'd
outstanding immediately prior to, ths
etiectivs DATE q this amendment men o. ~
ss sffD 6 e Is Is Of M.rch IT,
at the option Of the holder thereof. upon
snas transfer .sent @ e q tie corpors iSr tbs
Preferred stock" Of the certincate for he
T. e s ss prSr g. .a' s
Eastern STANDARD Time. on February "a.
1S4s. into fully pais .nd nonssss:s:s6ls assss sl
tie par r vaiu. of one hundrsd dellsss
& AZ t + % ess q g. 5 .hs,s r. % q ;S T T.s.:s:zs:aa
ssoet." sSs" i gpon con sonv.ssiop % Of any shssss Il
mert a.H shall s. S made Ser dividend. % SlsSsg
.osk sassi q io ssSsT sonvsrt.d shs 3
ot the time Of issusrnss Of the sheres 2 g
"tssG; "5% Preferr.d d stocf shsl Ss issued onis.
as set forth u this amenament, in sS:
March i0f e fsas :nd nos
The holders Of the Preferred STOCK
.sans.d sE the ssssa :. q q
Of the Corporation. yearly dividends g
annum AMI and no more; and the holders q
the "5fo Preferred Stock" shall be en-
titled to receive when and IS declared by
or net earnings Of the Corporation. .yesrly
dividends at the rate Of hve Per cent !5S)
per annum and no more. The diyidsnSSs Ss
any dividend on the Common Stock shall
pad, 95 set ,Dns r. nss e G N
the the outstanding Preferred stoek ..nd
b. na Rss. ss.n to p.d ss on s;R: "a
asaaS'ns aends On 1S ths "Preisrrsd stock" and he
psy.Ds ~ ssics. sna ias sss
Stock. Diyidends on Preferreo St0ok
herein provided shail sccrue to and IN
alter. ts pi1idends '' on TIE ~ PrsisIIsd
s4ssd sas1" stceF ssasa sRs e
March 81. 194s. The Preferred etock''
may, on. so days written notice, be re.
81 ofems0 the corporation y Snai 1 Which
expressed by resolution of It's 5osrd q
On n s b. dssf pIe. fSd ot 6ns
and and ths s' .%ouns asaa' Of
snd gnDad hsreoR at p4.s..I.s sns a.ss odf St
may, on 80 days written notice. be re.
deemed in whole or in part at TIE opsioTI
8. g en eapressed sY0 py resolution q It's Bo.It
Der so. l94s, On the date for psymsnn,
sansnsa arg soss ~: ssl.r: tsiS|i$s r. ~
mulated and unpaid thereon q tns d,s, ~,
iiauidstion II or dissolution. whether yolun
tary or Involuntary OF the Corporation
the holders Of % each class Z. Of 2rsslsrFs;; e;
the the unpaid UNI dividends accrued thsreel
any mSno1 ;ao ssoek BE- ana Sfd sh.
sei Oroperty Of the Corporation or proceed
..ds .s 5. assa Ehsa soss :ns
the Common stock Of the corpeT.stion {
the .ns.Isd PIT vsIs e O One zen vote The
stock Of Zach class shall not be entitle
tS vote a. ths s.ossholds5 .s. nsssini nss
entitled TO p.rtic,psts in the proits !
preferential. cumulative annual aiyidsn
pa1teiDsss ls1aie ssee n tse ea prens tn.
Ssysad ms iaa svassd ass q ,s
Gaat ma5oritsy ~ In interest Of the Sa.ss.ndh
sa not ths suo
ICED amount Of preferred stock; and fu'
.s h,s tss
graph Of Article fifth. thereof, and inseI.
tns Atfse,. The foISn,nr R'sb additional 'sra'r'''
The number Of trustees TO b desi.
shali be 'ns no. less s.n Z i've S Or nofs o.
fifteen, as shall be provided IN u
The Board of Directors. by ths starna.
y may appoint from the Directors On kxss,
!. tive Committee composed OF ireh numb.
Il tn. % powers Of the Board Of pirsetors
: such an extent and In such manner
GoPY nsR Pc eIe''asfR oP sfRoposkD 81 81 kEsoLuT1o
: eHIf1lA1fTSSc ensIfaI sTSck kzs AID 1sAs2SSHSSs1sS
e UNCONvERTED ~ PREFERRED
II Preferred and Common Stockholders I
u January 10 194S.
8 RESOLVED, that the authorized sapit
n stock and the number Of snafss tns5s
e In amount and number. respectively.
IS the par value. and number Of shares
3. the "7To Preferred Stock" Of the &c
Is H5g Preferred stock on March !
10 1913; and that the Board Of Trustsss
and 1t hereby is authorized ana diIeet,
o: to take such action as may b neceesa
8; to redeem and retire on. OF petoT
I. March 80. 1913, any and ~ q suSh -
Preferred Stock" 20 remaining outssen
loo1 tined o. Nszs fA0O