BASSETT FURNITURE INDUSTRIES, INCORPORATED (NASDAQ:BSET) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

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BASSETT FURNITURE INDUSTRIES, INCORPORATED (NASDAQ:BSET) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

BASSETT FURNITURE INDUSTRIES, INCORPORATED (NASDAQ:BSET) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

(a) Amendment to Bylaws:

The Board of Directors resolved on January 16, 2019, to amend Article III, Section 2 of the Company’s By-laws, effective as of the expiration of the current term of the Board of Directors at the 2019 Annual Meeting of Shareholders to be held on March 6, 2019, to decrease the number of directors from nine to eight.

Item 9.01(d). Exhibits

Exhibit 3. By-Laws of Bassett Furniture Industries, Inc.

BASSETT FURNITURE INDUSTRIES INC Exhibit
EX-3 2 ex_133179.htm EXHIBIT 3 ex_133179.htm   Revised: 01.16.19 Exhibit 3     Effective: As of the 2019 Annual Meeting of Shareholders       BY-LAWS OF BASSETT FURNITURE INDUSTRIES,…
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About BASSETT FURNITURE INDUSTRIES, INCORPORATED (NASDAQ:BSET)

Bassett Furniture Industries, Incorporated is a manufacturer, importer and retailer of home furnishings. The Company’s segments include Wholesale, Retail – Company-owned stores and Logistical services. Its wholesale home furnishings segment is involved in the design, manufacture, sourcing, sale and distribution of furniture products to a network of Bassett stores (licensee-owned stores and Company-owned stores) and independent furniture retailers. Its retail segment consists of Company-owned stores. It operates its logistical services segment through its subsidiary, Zenith Freight Lines, LLC, which provides shipping, delivery and warehousing services. Its portfolio of products includes Canopy Bed, Nightstands, Baby Bedding, Bedside Tables, Chaise Lounge, Writing Desks, Kitchen Furniture, Computer Hutch, Game Tables and Fabric Ottomans. Its range of furniture products and accessories are sold through a nation-wide network of over 90 retail stores known as Bassett Home Furnishings.