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Collection: Original Records > Articles of Incorporation
Mohegan Gold & Silver Mining Co (AI-M085)(1909) (13 pages)
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Page: of 13
"Whereas, the actual value of a11 Gf its proverty does n
exceed the suv of ten thousand dollars, and the debts, if any
against the corporation do not exeeed the sum of one hundred dollars;and
"Whoereas,the present capitaligation is unreasonable, eerver
good purbposs, and entails an excessive and unnecersary Corporati
duly called in accordance with its By-laws, and duly and regula
sh. ely a hen re ee at Bn ee ag wt eat ee 5 cf sie os eee 4 A
More thnn two thirds of the capital stock being oresent or ren
ely
end holders of
res ont ed
by 7 a ag wT Bee aA SIA Ae er ce eee” ee ee ee » a 4
by proxy, it was resolved and determingd that the number of J shares
of the capital steck be increased from 30,000 to 300
he par value of said shares be fixed and declared to be
Ua 19 cay <4 ¢ ae 1 ana aS Pe as . : .
Bhereas, the owners and holdors of more than two thirds
the issued stock of the corporation have made and filed with +
Board their request for, and assent to, the diminution of the
"Whereas, this corporation end 2,
t+
ct
La)
ea ee B: arin
stockholders will be
benefitted by having its capital steck diminished as recuested
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‘f this corp ration, ifo
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heran
Gold and Silver Mining do NO, and the same is hereby reduced and
written recuest and assent
wners aT . ho ce 4 cn SY See ae ' 5
Owners and iders of more than tyro thirds of the ecanital stoe
this cordoration from the swi of six hundred thgousand dollars,
Ke or
divided into 200,000 shares of the par value of thrac dollars each, to
the eum of £ifty thousand dollars divided into 200,000 shares
par values of trenty-five cents each, It is furth
"Resolved that the President and Secretary of this corp
* . 4. ae oy aN ees + 5be, and they are hereby authorized to take such Procedure an
fa
or the
oration
fur
nish such eertificates to the proper orficers, as will carry out the