OCR Text |
Show Notice of Special Meeting of Stockholders of TRACY-COLLINS BANK AND TRUST COMPANY Notice is hereby given that a special meeting of TRACY-COLLINS BANK AND TRUST COMPANY, COM-PANY, a Utah corporation, will be held at the office of the Company, Com-pany, 151 South Main Street, Salt Lake City, Utah, at the hour of 9:30 o'clock A.M. on the 18th day of July, 1961, for the purpose of considering the proposal to amend the Articles of Incorporation Incorpo-ration of said Corporation as previously amended in the following fol-lowing particulars: To amend Article VIII, as amended, of the Articles of Incorporation so as to provide pro-vide that the authorized capital stock of this Corporation Corpo-ration be increased from $675,000.00 divided into 45,000 shares of common stock of a face or par value of $15.00 each, to $800,000.00 divided into 64,000 shares of common stock of a face or par value of $12.50 each. In the event the stockholders shall approve and adopt the foregoing fore-going proposed amendment to said Article VIII, the sum of $75,000.00 will be transferred from Undivided Profits Account to the Capital Account of the Corporation, and each owner and holder of shares of the common stock of this Corporation of a par value of $12.50 each on July 18, 1961, shall receive as a stock dividend one (1) share of the new common stock of a par value of $12.50 for every three (3) shares of said stock owned and held on the books and records of this Corporation on said date. Rights evidencing fractional shares will not be issued in connection con-nection with said stock dividend, but in lieu thereof stockholders shall receive cash on the basis of $60.00 per share. Each stockholder stock-holder will also be entitled to subscribe for and purchase within with-in a period of thirty (30) days from and after July 18, 1961, one (1) additional share of the new common shares of this Corporation Corpora-tion of the par value of Twelve and 50100 ($12.50) Dollars each for each fifteen (15) shares of common stock owned and held by each stockholder on the books and records of this Corporation after the receipt of said stock dividend at the price of Sixty ($60.00) Dollars per share. Rights evidencing fractional shares will not be issued in connection with this offering. Dated at Salt Lake Citv. Utah. this 23rd day of June, 1961. TRACY-COLLINS BANK AND TRUST COMPANY By Henry E. Ogaard, Secretary Franklin Riter, Attorney Suite 822, Kearns Building Salt Lake City 1, Utah (6-23 7-14) |