JAYHAWKER « GRANADA + VARSITY « PATEE TO ALL PREFERRED STOCKHOLIERS OF THE COMI{ONVEALTH LATRENCE THEATRE CORPORATION: At a special meeting of the Board of Directors of The Commonwealth Lawrence Theatre Corporation on July 12, 1941, action was taken to make a further reduction of the principal of the out- standing Preferred Stock of the company in the amount of $15.00 per share, vhich when paid will reduce the outstanding value of each share to $70.00. In order to qualify and receive this money it will be necessary for you to deliver your certificate or certificates evidencing the Preferred Stock owned by you to the office of the company in the Jayhavker Theatre, Lavrence, Kansas, before July 31, 1941, in order that there may be stamped on such certificate or certificates a notation to the effect that the value thereof has been further reduced to $70.00 per share by the payment of a liquidating dividend. Till you therefore kindly deliver to us the certificate or certificates held by you for the purpose aforesaid. Such certificate or certificates will be returned to you, together with your liquidating dividend after such certificate or certificates have been properly stamped, Very truly yours, THE COMI{ONTEALTH LAWRENCE RE CORPORATION , rresident MANAGED BY LAWRENCE CITIZENS FOR THE ENTERTAINMENT OF THE CITIZENS OF LAWRENCE