Enter a name, company, place or keywords to search across this item. Then click "Search" (or hit Enter).
Collection: Original Records > Articles of Incorporation
Grass Valley Motor Company (AI-G160) (1935) (8 pages)
Go to the Archive Home
Go to Thumbnail View of this Item
Go to Single Page View of this Item
Download the Page Image
Copy the Page Text to the Clipboard
Don't highlight the search terms on the Image
Show the Page Image
Show the Image Page Text
Reset View and Center Image
Zoom Out
Zoom In
Rotate Left
Rotate Right
Toggle Full Page View
Flip Image Horizontally
More Information About this Image
Get a Citation for Page or Image - Copy to the Clipboard
Go to the Previous Page (or Left Arrow key)
Go to the Next Page (or Right Arrow key)
Page: of 8
Sa
fo)
10
11
12
13
14
15
16
17
18
19
20
21
22
25
24
25
26
27
28
29
50
Sl
52
H. NELSON FRENCH
ATTORNEY-AT-LAW
317 CAPITAL NATIONAL
BANK BUILDING
SACRAMENTO, CALIF,
uundred shares shall be preferred and one hundred and fifty
shares shall be common. Said shares may be issued from time to
time as determined by the Board of Directors. ‘The preferences,
privileses, and restrictions granted to or imposed upon the
respective classes of shares shall be as follows, to-wit: The
holders of said preferred stock shall be entitled to receive
from the surplus or net profits of the corporation a yearly
cumulative dividend of seven per cent payable before any dividend shall be paid on the common stock. On dissolution or liguidation of the corporation, the holders of the preferred stock
shall be entitled to receive the full par value of their said
stock and all unpaid dividends accrued thereon, before any payment is made on the common stock; and any property remaining
shall be distributed ratably amohg the holders of the common
stock. Said preferred stock shall be subject to redemption at
the book value of said stock, but at not less than one hundred
3 3
dollars ({:100.00) per share and accumulated dividends thereon,
at such time or times and in such a manner as the Board of
Directors shall determine. In determining the book value of
said stock, the capital account, surplus account, undivided
profits account and any other accounts representing ownersbip
of the business of said corporation shall be prorated amohg
all shares of stock, both preferred and common.
ifth: That the number of directors of said corporation shall be three, who need not be share holders, and the
names and addresses of the persons who are appointed to act as
the first directors and to hold office until the selection and
paren as of their successors are as follows:
George I’. Haddue, Sr. Grass Valley, California
VY. R. Simmonds 3427 J Street
Yacramento, California
Kenneth %. Forrest Grass Valley, California