The Black Hills union. [volume] (Rapid City, Pennington County, Dakota [S.D.]) 1889-1904, 1895-03-29
of The Black Hills Co-opera
tive Company.
ARTICLE L. Meeting.

Anl1SAC L.. IueotluS.
SEC. l. The regular annual meeting OF the
the third Tuesday Of December Of each year, at
the Office Of said company in Rapid City, S. d.,
and special meetings may be called at any time,
In the manner hereinafter provided. Compiled
Laws, Sec. 1881.
SEC. 2. A representation OF a majority OF the
subscribed stock shall be necessary for the
transaction OF all business OF the stockholders
and every person acting thereon. either in per
son or by proxy or representative, must be a
bona fide stakeholder, having stock IN his own
to said meeting, Compiled laws, Sec. 2931.)
Proxies may be In any form in writing, and
show by and to whom they are gwen, and for
what meeting; and duly hled with the secretary
before voting; providing that proxies are given
to members only OF this company.
SEC. 3. At all meetings OF the stockholders
each stakeholder shall be entitled to one vote
for each share of stock held by him, and such
vote may be cast either in person or by proxy;
provided such proxy shall be in writing and
filed with the secretary of the ~mpany; as pro
vided in Sec. 2.
SEC. 4. QUARTERLY MEETINGS OF DIRECTORS.
The regular quarterly meetings of the board
of directors shall be held on the I'd Tuesday OF
March. June, September and December of each
year; and special meetings OF said board Of di-
rectors may be called by the president when.
ever he may deem it expedlent, MI the absence
L Ut pEoSlucAU, ny LIE VICE pt6SLu6IlU, OF IN The
absence OF both president or vice-president, by
ady two or more OF tine directors.
SEC. S. QUORUM OF DIRECTORS.
A majority OF the board Of directors shall
constitute q quorum; and for the transaction
OF ordinary business a majority o fsuch quorum
OF directors present shall decide all matters
acted upon; provided, however, that in all mat
volving an expenditure, purchase or Investment
in excess Of $1,000, it shall require, at least,
tive affirmative votes OF such directors present.
SEC. &. MEETINGS OF
CALLED.
All meetings OF Stockholders shall be called
by a notice in writing given or mailed to each
stakeholder at least TIVE weeks prior to said
nesting, stating the time and place OF such,
meeting; and II a special meeting, the purpose
thereof; provided that, in ca>e ..of any special
article OF incorporation of said company. notice
shall be gwen in the manner prescribed by Chap
ters So and SO OF the 1890 session laws of
South Dakota.
SEC. 7. SPECIAL MEETINGS OF DIRECTORS.
All special meetings of directors shall be called
by special notice, in writing, to be given to each
director by the secretary on the order of the
president; or upon the order of two directors,
in the absence Of both president and vice-presi.
dent,
ARTICLE II.
SEC. i. OFFICERS OF THE MPANY.-Ho
ELECTED.
The executive officers OF this company shall
consist OF Q president, vice-president, secretary,
treasurer, and general manage or superintend-
emit. and they shall be chosen by ballot annually
BY the board OF directors at their first meeting
immediately after the election OF said board.
The president and vice president shall be
chosen from the board Of directors; and the
other officers may be.
SEC. .. DIREcroRs,-How ELEcrED.
A board Of nine directors shall be elected at
each annual meeting OF the stockholders. All