Waterloo Evening Courier in Waterloo, Iowa

Maytag Mason Motor Company Name Change and Capital Rises

Public notice reports Mason Automobile Company stockholders meeting November 5 1909 approving amendment to articles. Name changed to Maytag Mason Motor Company with principal business at Waterloo IA. Authorized capital stock 1 million divided 750000 common and 260000 preferred. Preferred 6 percent cumulative, paid from net earnings, senior to common. Restrictions on dividends until preferred dividends are paid. Provisions for retirement of preferred stock from 1912 with notices and board discretion. Preferred stock and dividends have priority on assets on dissolution. Conditions on insurance, taxes, and retirements outlined.