Show NOTICE OF INTENTION TO AMEND I articles rf ef f incorporation of the J JC Penney company I 1 Notice Is hereby given that a a meeting of stockholders of J. J C. C Pene Penney Penner company has been duly called caled and will wi be b. beheld beheld t held at the principal office orce of the company company com 1 f pany at suite Boston block In Silt Salt Lake CI City state of Utah on Monday thi day of August 1919 at the hour of oJ 10 o'clock In the forenoon of said day for the purpose of considering the question ques ques' tion of increasing the limit of capital 1 I stock ton of said corporation from three ml I lion stok dollars to fifteen million milon dollars dolar di df divided divided di- di lon vided into fifty fy treen thousand sharer share of common stock of oC the par value value of on Off on I hundred dollars each and one OilS onehundred on t hundred thousand shares of oC pre I stock of the par value of one of-one one hundred bundred hun bun hundred dred dollars each Said preferred stock shall pay cumulative n ls 1 H It the rate of 7 per annually j Ion equal quarterly instalments shall b be pre pre U I erred as to dividends and assets over l be b. 1 classes of common stock and shall non ass non The holders of ot said at 0 shall al ale be e free from liability for t the debis e 1 of the h corporation o and tys shall fl have hav n t I voting power except upon the question queston of selling conveying transferring or otherwise other otherwise othe- othe wise disposing of the property and assets ael entirety or tr OX of the corporation as an e. e in the event of consolidation or Ji e eger er ergel except create any other class ger or stock gel having priority or parity with sa said sid preferred stock stok or except to stocks or dividends of oC other othe cor corporations j cor-j or in case of certain In the payment of oC dividends Such preferred preferred pre pre- i stock shall be callable at one hun j I dred five dollars o a share e and Id aCcumulated ac j j cumulated dividends Yr e and da upon II tion shall be preferred for a I like amount t tand and ton there shall be established for Its us It re retirement retirement re- re shall ahall Provision sinking fund a a t of definite amount also be made for a 1 quick assets and earning before pae t of dividends on the common stock stok Tue Th debt corporation shall not incur a funded the without the consent of two thirds of preferred stock outstanding and It aha shaU aun w have such other preferences rights an an said meeting of tn the tb privileges as the aali aiS stockholders may approve The t held for the transaction transact on meeting will be of any other wi and further business WhiCh i imay 1 said meeting may come before 3 Dated at Salt Lake City Utah this day of July 1919 EARL C C. SAS President |