HomeMy WebLinkAbout1420 having a par value of $1.00 each.
The mariner o£ converting the shares of the constituent
c.orporations into shares of the merged corporation shall be
as set fortrh in the following sections (a) through (d) of
this Article:
(a) The outstanding shares of the value of 51.00
each of B. C. CC!OK & SONS EI~TERPFISES, INC., shall not be
affected by the mercEr. ~
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(b) Eacti of the 100 outstanding shares of the
$100.00 par value cornmon stock of B, C. COOK & SONS, INC.,
forthwith fr~ the f iling and recordinq of this merqer as
required by 2aw, shall be converted into shares of
the $1.Q0 par value common stock of the merged corporation,
and each holder of the old shares of B. C. COOR & SONS , INC
upon surrender o` his certificates therefor to the merged
corporation, shall be entitled to receive certificates for
the number of shares of $ Z. par value comY:qon stock of t~e
merged corporation to which he shall be entitled in accor-
dance with the pro~:-isions of this Section (b) and shall have
no other rights F: i th respect to the said certif icates to be
surrendered.
_(c} rac'~ o` the 500Q outstanding shares of the
$10.00 par valu~ co*-.:^on stock of B. C. COOR b SONS HARVE::TIhG,
INC., forthwith f: ~r~ the filing and recording of this merger
as required by lak , shall be converted into ~Z shares of the
$1.00 par value ce~~on stock of the merced corporation, and i
each holder of ti:e oid shares of B. C. COOK & SONS HARVESTING,
ItiC. , upon surrer.c rr~ c~~ ris ccrtificates therefor to the ~^ergec
corporation, shall ~~:^.titled to receive certificates for the ,
;
number of shares c~* S 1.00 par value comr.~on stock of the merged
corporation to which he shall be entitled in accordance with i
the ~rovisions of this Section (c) and shall have no other
rights with rQSpect to *_he said ~ertificates to be surrendered, ;
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(d) Until surrendered for conversion into new stock ~
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