The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-09-23
Article K.

The officers of this corporation shall
consist of a board of five 60 directors, a
president, vice president, a secretary
and = treasurer.
All of the directors shall be stockholders
or this corporation and the president ana
vice president shall be members of the
board of directors: the secretary and
treasurer may be elected from the board
OF directors or not. as the board may
determine. Three 90 directors shall con-
Stitute quorum of the board OF directors
for the transaction of business ana shall
when properly assembled, be authorized
and empowered to use and exercise all
the corporate powers of the corporation.
There shall be a general meeting of the
stockholders of this corporation held on
the third Monday in the month of Novem-
Der in the year 1905 and each year there
after, and at such hour and place in the
city of Salt Lake, in the county of Salt
Lake. in the state of Utah. as the board
of directors may, in the bylaws adopted
by them, fix and determine, at which
general meeting the board of directors
for the ensuing year shall be elected by
ballot and such other business may be
transacted as may properly come before
the said meeting. Immediately after the
election of the board of directors the
secretary of the meeting shall notify the
directors elected of their election and
within thirty days thereafter they shah
meet and organize as a board and shall
elect the officers of the corporation here
inbefOre provided for.
ne DDdIu OF directors elected at SuEu
general annual meeting and all other Of
ficers above named, shall hold office for
the term or one year and until their sue
cessors are elected and qualified unless
removed as hereinafter provided.
The board Of directors shall have power
to manage and control the business and
affairs OF the corporation. TO make, exc
cute and issue bonds and to secure the
same by mortgage, lien or pledge of the
corporations property acquired or to be
acquired; to incur all Indebtedness and
make all contracts necessary and pro-
per to carry into effect the object and
purposes of the corporation and TO adopt
and change such bylaws not inconsistent
with the laws of the state of Utah, as
they may deem proper for the manage
ment of the affairs of the corporation and
generally exercise all powers conferred
upon boards of directors of corporations
by the laws of the state of Utah. Either
OF the Officers or directors of this cor
pOratiOn may be removed at a stOckhOId-
ers' meeting duly called and held TO con-
slider the question of such removal when
the holders of a majority of the capital
stock of the corporation either I'm person
or by proxy. vote for such removal: and
either or any Of said officers or directors
may resign by filing a written resigna-
tion with the secretary Of the corpora
ton ten days before the same is to take
effect. but the board NAV ACCEPT such
resignation on shorter notice. Vacancies
in the board of directors caused By re-
mOVal by a vote of the stockholders, may
De led by vote or a majority of the
stock represented at the meeting when
the removal is made; all other vacancies,
whether caused by resignation, removal,
DEAN. or stability of officers or directors,
may be filled by the board Of directors.
The following named persons shall he
officers of this corporation to serve until
the first general election for directors and
until their successors are elected and
qualified:
J. Ross Clark. president and director.
c. o. Whittemore, vice president and
director,
W I'll. Comstock. secretary and director.
r. ]. Waters treasurer and director.
Pennel Cherrington, director.
Article XII.
The individual or private property of
the stockholders of this corporation shall
not be liable for any of the debts or OBJ
legations Of this corporation.
In witness whereof We have hereuntO
subscribed our names this 18th day of
September A. y. 1905.
j. ROSS CLARK,
Trustee for William A. Clark.
j. ROSS CLARK,
Trustee for r. G. Kerens.
j. ROSS CLARK
{. o. WHITTEMORE,
W. II. COMSTOCK,
r. J. WATERS.
PENNEL CHERRINGTON.