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Show THE CITIZEN same; to finance the construction of buildings on real estate owned by the Association and other persons and to sell, lease, mortgage and otherwise contract with reference thereto. To do each, all and everything that may be necessary or essential in and about the carrying out of the objects aforesaid and all other objects and purposes permlssable under the laws of the State of Utah relating to Buildand Loan Associations now in force ing or which may be hereinafter enacted. 6. Any person may become and continue to be a member of this Association by subscribing for one or more shares of its stock and by agreeing to and continuing to conform to the rules of the Association. and Any member, except a subscriber to Guarantee Stock, may withdraw upon such terms as shall be provided for in his contract for purchase of stock. Losses shall be equitably distributed by-la- ws among the stockholders. There may be deducted from payments made by subscribers to Investors Guaranteed Dividend Stock such sums for expenses and commissions as s' the provide, and in conformto the of the State requirements ity in which the stock is subscribed for. 7. The authorized capital stock of this Association is twelve million dollars, divided into ten thousand shares of Guarantee Stock of the par value of $10.00 per share payable by the subscriber $1.00 per share on subscription and the balance on call of the Board of Directors, which said call shall not at any time exceed '20c per sharey nor can a call be made under ninety-daperiods, and when such payments and accumulated dividends thereon amount to $10.00 per share said stock shall be fully paid, the principal fund of which said stock shall be held to guarantee the earning of at least 8 per cent annual interest, compounded on all funds to' the credit of Investors Guaranteed Dividend Stock. At the time of issue of unsubscribed guarantee stock, each of the holders of guarantee stock, shall .be given the share of first refusal of his pro-rat- a said stock in proportion to his present be holdings, before the same shall otherwise sold. In addition to said guarantee stock there may be issued one hundred nineteen thousand shares of Investors Guaranteed Dividend stock of the maximum matured value of $100.00 per share tor be sold to the subscriber on such monthly installment plan as the Directors of the Association shall by resolution provide. 8. The management of the affairs of this Association shall be vested in a Board of Directors, which shall consist of seven persons, divided Into three classes. Directors of the first class shall be two in number and shall be elected for the term of one year; Directors fo the second class shall be two in number and shall be elected for the term of two years; Directors of the third class shall be three in number and shall be elected for the term of three years. At each annual election the successors to the class of directors whose terms shall expire in that year shall be elected to hold for the term of three years, so that the term of office of one class of directors shall expire In each year. No person shall be eligible to the office of director of this Association who is not the owner of at least fifty (50) shares of its Guarantee Stock of the par value of ten dollars ($10.00) per share as shown by the corporation's books. The Board of Directors shall have power to remove any oftwo-thirvote or director ficer by of the directors. 9. The officers of this corporation a shall be a President, who shall hold Secretary and Treasurer, office for the term of one year and until their successors are appointed and The directors shall from qualified. their members appoint the above named officers at their first meeting after the regular annual meeting of stockholders, except only the secretary and treasurer need not be a director. One person may be both secrtary and treasurer or one person may be secretary and another treasurer at the option of the Board of Directors. Any officer of this corporation may resign on giving thirty days written notice to the Board of Directors and the Board of Directors shall fill the vacancy of the unexpired term of ofsuch officer. 10. A majority the Board of Dishall constitute a quorum. rectors 11. The regular annual meeting of the stockholders shall be held on the second Tuesday of January in each year for the election of Directors and for the transaction of such general business as may properly come be- fore the stockholders at such meetings. At such meetings the secretary and treasurer shall submit complete records Of the showing the financial condition shall of stock holder corporation. Each be entitled to one vote for each share of stock owned by him, which he may cast in person or by written proxy. Special meetings of the stockholders Dimay be called by the Board of law manner rectors in the provided by by-law- semi-annuall- y, of-fi- ds Vice-Preside- fl nt, ve and must be called whenever the owners, as shown by the corporations books, of twenty-fiv- e per cent of the Guarantee Stock of the corporation in Included in the notice of the meeting. 20. The private property of stockholders shall not be liable for the corporate debts of this Association. In wiltness whereof we have hereunto set our hands this 6th day of writing, request the board to call a special meeting of the stockholders. 12. Until their successors are elected and qualified the following named persons shall be the officers of this corporation, namely: George W. Watkins, President. Ezra A. Waddoups, Vice-Preside- N. A. Macdonald, . February, nt. Secretary-Treasure- The said meeting will further sider such other business as may said meeting. erly come before N. A. r. The maximum aggregate compensation of all officers of this corporation shall never exceed one per cent of the par value of the shares of stock issued in any calendar or fiscal year. 14. Section 1. There shall be three 13. Secretary. Dated this 1st day of November, PROBATE AND GUARDIANSHIP NOTICES. Consult County Cltrk or ths Signors for Forth or Information. NOTICE TO CREDITORS. Estate of John Frederick Olsen, deceased. Creditors will present claims, with vouchers, to the undersigned at 622 McIntyre Bldg., Salt Lake City, Utah, on or before the 12th day of January, A. D. 1924. INGER M. OLSEN, Administratrix of the ' estate of John Frederick Olsen, deceased. JOHN F. BOWMAN. Attorney for Administratrix. Date of first publication, November 10. A. D. 1923. In the Surplus Fund shall be placed: (a) All principal and Interest collected from loans from said. funds. (b) .Any other transfers to' said fund authorities required by the banning of the State of Utah, or which may be transferred to said fund by authorof the Board of Directors. itySection 2. Transfers may be made from the Surplus Funa to other funds whenever in the judgment of the Board of Directors such transfer is expedient, permissable or necessary for the welfare of the Association. 15. Investors Guaranteed Dividend Stock is guaranteed dividends at the rate of 8 per cent per annum upon the total amount standing to the credit of such stock on the books of the company, provided, however, if the legal rate of interest allowable upon moneys loaned in any scare be reduced by legislative enactment, the withdrawal value of all stock sold in said state and the guaranteed dividends herein provided for may likewise be reduced. proportionately 16. Dividends shall be declared and on Investors credited Guaranteed Dividend Stock, the maximum matured value of which shall be $100.00 per share. Upon maturing of said stock, by monthly installments and dividends credited at the rate aforesaid, said stock shall be liquidated at the election of this corporation or of the holder thereof, provided, however, of that not more than one-ha- lf the funds of the treasury shall be at any time used for the liquidationcon-or withdrawal of stock without the sent of the Board of Directors. All withdrawals from the Association shall be limited to such terms and conditions as are prescribed in the of this Association. 17. Whenever all cumulative interest on Investors Guaranteed Dividend Stock for all previous years shall have been declared, as is provided in paraand graph fifteen of these Articles, shall have been credited to said stock interest and the accrued for the current year shall have been declared and credited to said stock, the Board of Directors may thereafter declare dividends on the Guarantee stock, out of any payable then or thereafter, net or profits. surplus remaining 18. For guarantee purposes a charge of not to exceed one per cent shall be made on the par value of all Investors Guaranteed Dividend Stock; for the purpose of covering the general expenses of conducting the business of the Association such other and further made against the par charges shall be Investors Guaranteed value of said Dividend Stock as may be provided and of the as may be fixed in the ly () ws semi-annu- al By-La- ws Hnn A made Subject always to Diby the Stockholders, the Board offrom and, rectors may make time to time, may alter, amend or rebut any peal any made by the Board of Directors may be altered or repealed by the Stockholders at any annual meeting, or at notice of any special meeting, provided such proposed alteration or repeal be 19. by-la- by-la- by-law- s; ws ws by-la- ws 1923. -24 penses, commissions, guarantee purposes. (b) All dividends declared upon Investors Guaranteed Dividend Stock. (c) Funds transferred from other funds by authority of the Board of Directors of the corporation. By-La- con- prop- MACDONALD, funds maintained by this Association: 1st. A General Fund. 2nd. An Investors Guaranteed Dividend Stock Fund. 3rd. A Surplus Fund. In the general fund shall be placed: (a) All moneys paid by subscribers to guarantee stock; (b) All moneys deducted from payments made by subscribers to Investors Guaranteed Dividend Stock for expenses, commissions, or for guarantee purposes. (c) All principal and interest paid upon loans from said fund. (d) All interest paid upon loans from Investors Guaranteed Dividend Stock Fund and all fines and forfeitures. In the Investors Guaranteed Dividend Stock Fund there shall be placed: (a) All installments paid after deducting the amounts orprovided for ex- semi-annual- 1920. GEO. W. WATKINS, EZRA WADDOUPS, N. A. MACDONALD, WM. J. LOWE, JOHN B. MATHIAS. 11-10-1- 2-S NOTICE TO CREDITORS. Estate of J. Leonard Burch, deceasCreditors will present claims, with vouchers, to the undersigned at Room 405 Felt Bldg., Salt Lake City, Utah, on or before the 11th day of January, ed. A. D. 1924. LOUISE T. BURCH, Administratrix of the estate of J. Leonard Burch, deceased. Date of first publication, November 10. A. D. 1923. 11-10-1- D. Rice, deceased. Creditors will present claims, with vouchers, to the undersigned at 1109 Deseret Bank Bldg., Salt Lake City, Utah, on or before the 22nd day of December, A. D. 1923. TRACY LOAN & TRUST CO., Executor of the estate of George D. Rice, deceased. STEWART, ALEXANDER & BUDGE, Attorneys for Executor. Date of first publication, October 20. A. D. 1923. -17 NOTICE TO CREDITORS. Estate of Frank McClanahan, deceasCreditors will present claims, with vouchers, to the undersigned at 605 ed. Judge Bldg., Salt Lake City, Utah, on or before the 21st day of February, A D 1924 ISAAC NORMAL McCLANAHAN, Administrator of the estate of Frank McClanahan, deceased. K. K. STEFFENSEN, Attorney for Administrator. Date of first publication, 20, A. D. 1923. October NOTICE TO CREDITORS. Estate of Gertie Desky, deceased. will present claims with vouchers, to the undersigned at its ofCreditors fice, No. 151 South Main Street, Salt Lake City, Utah, on or before the 5th 1924. day of January, A. D. TRACY LOAN & TRUST CO.. Executor of the Estate of Gertie Desky, deceased. C. 3. W. MORSE, Attorney for Executor. Date of first publication, November A. D. 1923. 11-3-1- NOTICE TO CREDITORS. B. Smith, known as deceased. Creditors will present claims with vouchers, to the B. Estate of Clem C. Kelty, Trust Co., Salt undersigned at Bankers or before the Lake City, Utah, on 9th day of March. A. D. 1924. BANKERS TRUST CO., Administrators with the will annexed of Clem B. Smith, known as B. C. Kelty. deceased. ROBT. B. PORTER, Attorney. Date of first publication, November 3. A. D. 1923. 11-3-1- NOTICE TO CREDITORS. Estate of George Katsilos, sometimes known as George Katsakls, deceased. Creditors will present claims, with vouchers, to the undersigned at Midvale, Salt Lake County, Utah, on or before the 29th day of December, A. D 1923 ANGELOS GEORGE SKOULIS. Administrator. Attorney for Administrator. Date of first publication, October 27, BEN JOHNSON, A. D. 1923. Estate of James Dean, deceased. Creditors will present claims, with vouchers, to the undersigned at 921 Boston Bldg., Salt Lake City, Utah, on or before the 28th day of December, A. D. 1923. MARION MAUD DEAN, Administratrix of the estate of James Dean, deceased. RICH & RICH. Attorneys for Administratrix. Date of first publication, October 27. A. D. 1923. NOTICE TO CREDITORS. -24 Estate of William deceased. Carr, Creditors will present claims, with vouchers, to the undersigned at the Bosoffice of Allen T. Sanford, ton Bldg., Salt Lake City, - Utah, on or before the 31st day of December, A. D. 1923. ALLEN T. SANFORD, Administrator with the will annexed of William Carr, deceased. Date of first publication, October 27. 404-4- A. D. 1923. 08 -24 NOTICE TO CREDITORS. Creditors of the Stoddard Dry Goods Company, a corporation of Salt Lake City, Utah, will present their verified claims to Wilson McCarthy, attorney for the receiver at 204 Newhouse Bldg., Salt Lake City, Utah, on or before November 13th, 1923. . wilson McCarthy, Attorney for Receiver. -10 NOTICE TO CREDITORS. Estate of Lillian Boyer Gleason, deceased. Creditors will present claims, with vouchers, to the undersigned at 151 Main Street, Salt Lake City, Utah, on or before the 10th day of January, A. D 1924 TRACY LOAN & TRUST CO.. Executor of the Estate of Lillian Boyer Gleason, deceased. W. H. FOLLAND, Attorney. Date of first publication, November 10, A. D. 1923. 11-10-1- NOTICE. 2-8 NOTICE TO CREDITORS. Estate of George NOTICE TO CREDITORS. In the District Court of the Third Judicial District, in and for Salt Lake County, State of Utah. In the matter of the application of the Salt Lake Baking Company, for dissolution. Notice. Notice is hereby given that Emil Kollmorgen has filed his application for a dissolution of the Salt Lake Baking Company, asking that said corporation may be disincorporated and dissolved and any person having objections to the dissolution of said cor-to poration may file his objections said application at any time on or before December 6th, 1923, with the clerk of said court. Dated this 3rd day of November, A. D 1923 CLARENCE COWAN, Clerk. By Fred C. Bassett, Deputy Clerk. (Seal) 11-3-1- NOTICE. Notice is hereby given that the application of The Mountain States Rub-to ber Company, a foreign corporation, withdraw from the state of Utah, has been filed in the 'office of the clerk of the Third Judicial District Court of Salt Lake county, Utah, and that said court application will be heard by said A. D. on the 24th day of November, 1923, at ten oclock a. m., at the county court house, in the court room of said court, in Salt Lake City, Salt Lake county, Utah. CLARENCE COWAN, Clerk. Date of first publication, October 20. NOTICE. In the District Court, Probate Division, in .and for Salt Lake County, State of Utah. In the matter of the estate of Emma Gray, deceased. Notice. The petition of Dr. John W. Gray, praying for the issuance to himself of letters 'of administration in the estate of Emma Gray, deceased, has been set for hearing on Friday, the 23rd two day of November, A. D. 1923, atcourt the county oclock p, m., at room of said court, house, in the court in Salt Lake City. Salt Lake County, Ftah. Witness the clerk of said court with he seal thereof affixed, this '27th day f October. A. D. 1923. CLARENCE COWAN. Clerk. Seal) By L. T. Palmer. Deputy Clerk. JRADLEY & PISCIT EL iftnrnavi fnr PfttlUniier. noticeT In the Third Judicial District Court of the State of Utah, in and for Salt Lake County. In the matter of the voluntary withdrawal from the State aof Utah of Metro corporation of Pictures Corporation, the State of New York. Notice. Notice is hereby given that the ap- - |