Tazewell Republican. [volume] (Tazewell, Va.) 1892-1919, 1907-06-27

o CLOCK D. m.
The meeting has also been called n
the Board of Directors of the Compan
as special meeting of the Stakeholder
OF the Company to be held at the sam
time and place, to consider and to tax
action las special subject) on a
smenoment, change or alteration in tn
GGompany's charter which the Board o
directors of the Company in a resol,
ton passed on April 18th, 1907. has dc
clared advisable, viz:
RESOLVED, That an amendment
change or alteration in the charter q
TINS corporation, decreasing the corpor
alton preferred and common stocl
from two million one thousand eigh
hundred dollars (S2, OO1, 800. OO) to on
mllnon nine hundred and twenty-on
thousand seven hundred and twenty
eight dollars, Isl, 921, 72S. OO) and the ns
value or the shares into which the sal,
preferred and common stock is divide,
from one hundred dollars to ninetv-s;,
collars, and in other respects amending
changing or altering Section 2 of tn,
charIer OF the corporation, is advisable
so that when the said amendment
change or alteration shall become effec
1--WE tins corporation shall make distri
button of four dollars per share to al
stockholders of preferred and commor
stock on account of and in reduction o.
the par value of the said preferred an,
common shares, and so that Section
OF the charter of the corporation. beins
an Act, of the General Assembly o.
Virginia, entitled. "An Act to incorpor
ate the Clinch Valley Coal and fror
company" approved March 80. 1887
as heretofore amended, which reads as
follows: '''
z. The capital stock of the
SAID company shall not be less
than two hundred and fiftv
thousand dollars, and may be
lncreas q to any amount not ex-
ceeding two million one thou
sand eight hundred dollars bv
SUBSCRIPTION, or by the issue or
sale OF shares, the par value of
Whlch shall not be less than
htty dollars, from time to time.
under such regulations and upon
such terms as the board of di-
rectors of said company shall
from time to time prescribe;
ana the directors may receive
real or personal property suited
to the business of the Company
In payment for subscriptions to
ton as may be agreed upon be-
tween the directors and tha
subscribers. Shall after the
SAID amendment, change or al
iteration shall become effective
read as follows:
'.2. The capital stock of the
SAID Company shall be one mil
hon nine hundred and twenty
one thousand seven hundred
ana overweight dollars, ISL
vi, us co., in shares the par
value of which shall be ninetv-
six dollars
By order of the Board of Directors
ii. CARROLL WINCHESTER.
Secretary.
5. That the said meeting of stool
holders was held at the place and fine
specified in the resolutions and notice
hereinbefore mentioned, and at said
meeting there were present in person
or by proxy stockholders having voting
power holding 16, 143 shares of stock Of
the Company, of which 3, 740 were pre-
1erred shares and IL, 403 were common
shares, being considerably more than
tWo-thlrds IN interest of each class of
the stockholders of the Company hav-
ing voting power.
8. That at the said meeting of stocL-
holders all of the stockholders present
In person or by proxy, being the hold
ers OF 10, l43 shares of stock of the
company, of which 8, 740 were prefer
red shares and II, 403 were common
shares, and being more than two-thirds
IN interest of each class of stockholders
having voting power, voted in favor of
tne salg amendment, change or altera-
Cioh. Inc said amendment, change or
aIeeratlon so adopted by the stockhold-
resolution in the following form. viz:
RESOLVED, That two-thirds in inter-
est OF each class of the stockholders of
the ClInch Valley Coal and Iron Com
pany naving voting power do hereby
vote In favor of the amendment. chance
or alteration advised by the Board of
directors IN the charter of the said
company as set forth In the following
resolution adopted by the Board of DE-
Ie esI at their meeting held on the
ing, approving and ratifying the same
viz:
RESOLVED, That an amendment
mango or alteration in the charter of
LIS corporation, decreasing the corpor-
atlon' s preferred and common stock from,
;wo million one thousand eight hundred
1ollars, ($2, Dol 800. CO., to one million
1ine hundred and twenty-one thousand
'even hundred and twenty-eight dollars
81, s2l, 72S.00,( and the par value of the
shares into which the said preferred and
common stock is divided from one bnn-
ired dollars to ninety-six dollars. and in
'ther respects amending, CHANGING or
altering Section of the charter Of the
corporation, is advisable, so that when
ne said amendment, change or altera-
ION shall become effective this corpora-
Ion shall make distribution of four dol
airs per share to all stockholders of nra-
erred and common stock on account of
mo IN reduction of the par value of the
aid preferred and common shares. and
Q that Section 2 of the cbarter
7 the orpora tion, being an
act OF the General Assembly of Viz
,iinla, entitled, can Act to incorporata |
ne Clinch Valley Coal and Iron Com
an approved March 80, 1887. as here
otore amended, which reads as follows:
'.2. The capital stock of the