Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1907-06-21

/ ~. ~ANRO1@A< hANNlt ESl hR,
Secretary.
0. That the said meeting of stock
holders was held at the place and time
specified In the resolutions and notice
nerelnoefore mentioned. and at said
meeting there We're present in person
or by proxy stockholders having vot-
ing power holding 1918 shares OF the
Company,of which 3, TAO were preferred
shares and 12,403 were common
shares, being considerably more than
two-thirds In interest of each class of
the stockholders OF the Company hav-
| ing voting power
.. That at the said meeting of
stockholders all Of the stockholders
present in person or by proxy, being
the holders of 16,143 shares of
stock OF the Company, OF which $40
were preferred shares and 12.403 were
common shares, and being more than
two-thirds in interest Of each class of
stockholders having voting power.
voted in favor Of the said amendment.
change or alteration. The said amend
ment, change or alteration so adopted
by the stockholders was set forth in
full by them In resolution in the fol-
lowing form, viz:
"REsoLvED, That two-thirds i'm iu-
terest OF each class OF the stockholders
of the Clinch Valley Coal and Iron
Company having voting power do
hereby vote in favor of the amend
ment, change or alteration advised bv
the Board OF Directors in the charter
OF the said Company as set forth in
the Following resolution adopted by
the Board Of Directors at their
meeting held on the 18th day OF April.
1907, hereby adopting, approving and
ratifying the same, viz:
"REsoLvED, That an amendment
change or alteration in the charter Of
the corporation, decreasing the coTpo-
railon's preferred and common stock
from two million one thousand eight
hundred dollars ($2,001 ,S0O.OO) to one
million nine hundred and twenty one
thousand seven hundred and twenty
eight dollars, Isl, 921, 72S.O0), ard the
par value OF the shares into which the
said preferred and common stock is
divided from one hundred dollars
to ninety six dollars, and i'm
other respects amending, chang
ing or altering Section 2 of
the charter OF the corporation, is adj
visable. so that when the said amend
ment, change or alteration shall become
effective this corporation shall make
distribution Of Four Dollars per share
to all stockholders Of preferred and
common stock on account of and i'm
reduction Of the par value of the said
preferred and common shares, and SO
that Section 2 OF the charter of the
corporation, being an Act Of the Gen
eral Assembly OF Virginia, entitled.
can Act 10 incorporate the Clinch Val
ley Coal and Iron Company" approx
ed March 30, 1887. as heretofore
amended, which reads AZ follows:
- The capital stock Of the said
Company shall not be less than two
hundred and fifty thousand dollars
and may be increased to any amount
not exceeding two million one thous.
and eight hundred dollars by sub.
scrption or by the issue or sale of
shares, the par value of which shall
not be less than fifty dollars, from
time TO time, under such regulations
aud upon such terms as the boald of
directors OF said company shall from
time to time prescribe; and the Direc
tors may receive real or personal
property suited to the business OF the
Company in payment for subscriptions
10 the capital stock, at such valuation
as may be agreed upon between the
Directors and the subscribers
shall after the said amendment change
or alteration shall become effective.
read as follows:
y. The capital stock OF the said
Company shall be one million nine hun
dred and twenty one thousand seven
hundred and twenty eight dollars
Isl, 92l, 72S.OO), in shares the par value
OF which shlll be ninety-siX dollars"
Z. And that at the safd meeting OF
stockholders the following resolution
was adopted (by the vote of 16.143
shares, being all the shares rpesent in
person or proxy and voting in favor of
the same, and being more than two
thirds in interest OF each class of
stockholders having voting power
voting in favor OF the same):
'REsoLVED, That the President of
this Company be and he is hereby
authorized to cause "a certificate OF the
amendment, change or alteration of
this Company's charter this dav
adopted, to be made, executed, ac
knowledged, recorded, lodged, pub
lished, etc., as required by law"
IN WITNESS WHEREOF, This Certifi-
cate is made and signed by Thomas r..
Patton, Jr., President of the Clinch
Valley Coal and Iron Company under
its seal, attested by H. Carol Win
chester, its Secretary, this 25th, day of
May, 1907.
THOMAS r. PATTON, JR..
President, Clinch Valley
Coal and Iron Company.
Attest:
III. G. WINCHESTER,
Secretary Clinch Val
ley Coal and Iron