| Show I INTENTION J TO AMEND AMENDes es of Incorporation of ot the J. J C. C e eh company e is hereby given that a a. special of stockholders of J. J C. C Penney has bas been duly called and will be beh bethe Ithe the h principal office of the com com- t SuIte Boston Doston block in Salt state of ot Utah on Monday the August 1919 1319 at the hour of ot cl Jn the forenoon of said day purpose of considering the ques- ques increasing the limit of ot capital ld corporation from three mil mil- liars to fifteen to-fifteen fifteen million dollars dinto dinto di- di nto fifty thousand shares non stock of ot the par value of one dollars I each and one thousand sand shares of pre- pre tock ot of the par value of one hun hun- each Said preferred hall pay cumulative dividends at clot elof 7 p per pr r annually in Ulft instalments shall be Le pre- pre dividends and assets over allot all ot common stock and shall be The holders of said stock from liability for tor the debts corporation and shall have no rower ower except upon the question of conveying transferring or other other- POsing of ot the property and assets a us Ils an entirety or ex- ex the the event event of consolidation or mer- mer except create any other class of ot wing lying priority or parity with said d stock or except to guarantee obi ob- ob stocks o or dividends I n of other t cor- cor i in case of certain fl defaults a f of dividends Such uch pre- pre tock took shall be callable at one huno hun hun- o ll J o a share hare e and ane ac- ac e dividends de and da upon i liquida- liquida I preferred for a a. like amount shall re be established for its re- re sinking fund Provision shall shan Imade made for a definite amount of ot sets and earning before payment ends on the common stock The TheIon Ion fon ion shall not incur a funded debt the consent of ot two-thirds two of ot the I outstanding and It shall pre preferences rights and I the said meeting meeting- of the ders may approve The said will be held for the transaction ther- ther and further business which H i meeting Lake C ily Utah this July 1919 1939 EARL C. C SAMS 18 President I |
