OCR Text |
Show [80] At each annual meeting of the stockholders, Directors for the ensuing year shall be elected by ballot, to serve for one year, and until their successors are elected. If, however, for want of a quorum, or other cause, a stockholders' meeting shall not be held on the day above named, or should the stockholders fail to complete their elections, or other such business as may be presented for their consideration, those present may adjourn from day to day, until the same shall be accomplished. Article XV. Voting. At all corporate meetings, each stockholder, either in person or by proxy, shall be entitled to as many votes as he owns shares of stock. Such proxy shall be in writing, and filed with the secretary. Article XVI. Amendments. The By-Laws may be altered or amended at any meeting of the stockholders by a majority of the stock represented at such meeting, or by a two-thirds vote of the whole number of the Board of Directors, to be ratified by the first meeting of the stockholders thereafter. Article XVII. Seal. The company shall have a common seal, consisting of a circle having on its circumference the words Imperial Water Company, No. 1, Incorporated March 29, 1900. |
Source |
Original book: [State of Arizona, complainant v. State of California, Palo Verde Irrigation District, Coachella Valley County Water District, Metropolitan Water District of Southern California, City of Los Angeles, California, City of San Diego, California, and County of San Diego, California, defendants, United States of America, State of Nevada, State of New Mexico, State of Utah, interveners] : |