| OCR Text |
Show Fifty Years,unless sooner dissolved in the manner perscribed by law. V. The bU8iness of said Corporation shall be the handling of all kinds of produce at wholesale and retaI1,the JIIJ.udling od all kinds of live stock,a1l kinds of cereals,the handling of all kinds of merchandise,of all kinds and discription,the purchasin« of real estate transaction of business,and in f&ct ~ld the erection of buildings for the any and all .things necessary to the carryi- ng on of all kinds of mercantile business. VI. The place of the general business of this corporation and its principal offices shall be at Morgan, Morgan Coupty,State of Utah. VII. The capital sto~k of the corporation shall be Ten Thousand ($10000.00) dollars divided into one hundred shares of the par value of One Hundred ($10000) Dollar:; 8ach~ VIII. The number ~nd kind of officers of the Corporation in whom the governi- ng power of such is vested shall be as follows to-wit:There shall be a of Directors consisting of five persons, a ~oard PreSident, a Vice PreSident, a Secretary and a Treasurer, and their qualifications shall be respectfully to own at least of the capital stock of said Company, and those to serve for the ensuing year a3 Directors and until t~eir successors are elected and qualified are as follows to wit:James A. Anderson, James P.ingree, Adam Patterson, Job Pingree and Hyrum Pingree. I. I, James A. Anderson shall be president, James Pingree shall be Vice PresI " ident, Walter qramwell shall De Secretary and Treasurer. I The officers and ·directors to retain their respective offices until " j i! their successors are elected The Directors and officers of this corporation shall be elected bY the ~ I~ qualif1ed IX. J Ii &~d stockholders at a meeting to be callen and held for that purpose on the second ·1 I,'l II ,! ~ I 11 ~ ~ Tuesday in August A. D. 1905 and in every ~ear thereafter. Suoh meeting shall be held between the hours of lO.a.m. and S.p.m. of said day at the office of said Corporation in Morgan, Morgan County, State of Utah. And such meetings and other business as ma~ be deemed necessary or convenient for the welfare of the Corporation shall be transacted. At all of such meet1ngs of the Stock-holders representation ot a majori tJ' of the outstanding cap1 tal stock sllall be necessary for the tran f.action of busines8 and no business except to .adJourn or to adjourn to • specified day ehal be transacted at any meet1ng of the stockholders unless a majorit~ of the stock |
