Exhibit 4.1
ARTICLES SUPPLEMENTARY
OF
URSTADT BIDDLE PROPERTIES INC.
Urstadt Biddle Properties Inc., a Maryland corporation (the "Company"),
hereby certifies to the State Department of Assessments and Taxation of the
State of Maryland that:
FIRST: Under the authority set forth in Article VII of the charter of the
Company, the Board of Directors of the Company on June 1, 2005 classified
450,000 additional unissued shares of the Company's preferred stock, par value
$0.01 per share, as "7.5% Series D Senior Cumulative Preferred Stock." As a
result, the aggregate number of authorized shares of 7.5% Series D Senior
Cumulative Preferred Stock (the "Series D Preferred Stock") is increased from
2,000,000 to 2,450,000.
SECOND: The additional 450,000 shares of the Series D Preferred Stock shall
be subject in all respects to the terms and conditions of the Company's charter
and shall have the preferences, conversion and other rights, voting powers,
restrictions, limitations as to dividends, qualifications, and terms and
conditions of redemption that are applicable to the existing shares of the
Series D Preferred Stock as set forth in the Articles Supplementary of the
Company accepted for record by the State Department of Assessments and Taxation
of the State of Maryland on April 8, 2005.
THIRD: The classification of authorized but unissued shares as set forth in
these Articles Supplementary does not increase the authorized capital of the
Company or the aggregate par value thereof.
FOURTH: These Articles Supplementary have been approved by a majority of
the Board of Directors of the Company in the manner prescribed by the Maryland
General Corporation Law.
IN WITNESS WHEREOF, the undersigned President of the Company acknowledges
these Articles Supplementary to be the corporate act of the Company and, as to
all matters or facts required to be verified under oath, the undersigned
acknowledges that to the best of his knowledge, information and belief, these
matters and facts set forth herein are true in all material respects and that
this statement is made under the penalties for perjury.
These Articles Supplementary have been executed under seal in the name of
the Company and on its behalf by its President and attested to by its Secretary
on this 3rd day of June, 2005.
ATTEST: URSTADT BIDDLE PROPERTIES INC.
/s/ Thomas D. Myers By: /s/ Willing L. Biddle
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Thomas D. Myers Willing L. Biddle
Secretary President