OCR Text |
Show -14- Article 25:-Members shall hold a special meeting, when it shall be so desired by the Board of Directors, or requested by the Stockholders, and all notices regarding special meetings, shall be published at least one month in advance in said 'periodico oficiar (Official News). Article 26.-The Stockholders may be represented at regular or special meetings by means of proxies, which do not need to be stockholders, being furnished an authorizing letter, granting them such power of attorney. Members of the Board of Directors, shall not be able to serve as proxies. Article 27.-The President of the Compania, appointed by the Board of Directors, shall preside over general and special meetings of stockholders, or in the event of his absence, the Vice-President shall assume charge of the meetings, or in case of the absence of both the President and Vice-President, the Meeting shall appoint someone to preside during the session. In the event of the absence of the Secretary, the Meeting shall appoint a person to perform the duties of such office. Article 28.-The Stockholders, shall have the right to speak for and against each proposition, but the same Stockholder, shall not be allowed to have a voice on any matter more than three times, unless he shall be given such power by the President, and upon stating the matter as being sufficiently discussed after having exercised the above right, or upon its rejection by those present at the meeting, the matter shall be put to vote. Article 29.-Each Stockholder shall be entitled to a number of votes equal to the number of shares which he may possess. Article 30.-The respective minutes shall be taken at each meeting, and shall be signed by the President and |
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] : California exhibits. |