Tazewell Republican. [volume] (Tazewell, Va.) 1892-1919, 1907-06-13

company, approved March 80, 1887,
as heretofore amended, which reads as
The capital stock of the
sald company shall not be less
tnan two hundred and fifty
Thousand dollars, and may be
increased to any amount not ex-
ceedlng two million one thou
sand eight hundred dollars by
SUBSCRIPTION, or by the issue or
safe OF shares, the par value of
Wnich shall not be less than
nIty collars, from time to time.
uhder such regulations and upon
such terms as the board of d.
rectors of said company shall
from time to time prescribe;
ana the directors may receive
real or personal property suited
70 the business OF the Company
IN payment for subscriptions to
the capital stock, at such valua-
ton as may be agreed upon be-
tween the directors and the
subscribers. Shall after the
said amendment, change or al
oeration shall become effective,
read as follows:
The capital stock of the
iN OOmPdIly small De one mil
non nine hundred and twenty
one thousand seven hundred
and twenty-eight dollars. ISL
921, 1880, in shares the mar
value of which shall be ninetv-
six dollars"
BY order of the Board of Directors
H. CARROLL WINCHESTER.
Secretary.
D., That the said meeting of STOCK
holders was held at the place and time
specihed IN the resolutions and notice
nerelnoefore mentioned, and at said
Ineetlng there were present in person
or oy proxy stockholders having voting
power holding l6, 149 shares of stock of
the Company, of which 3, 740 were pre-
1erred shares and IL, 403 were comnon
shares, being considerably more than
tWo-tnlrde IN interest Of each class of
tne stockholders of the Company hav-
ing voting power.
o; mat at the said meeting of stock
holders all of the stockholders present
In person or by proxy, being the hold
Srs OF 10, l43 shares of stock of the
company, OF which 3, TAO were prefer
lso shaFes and l9,40a We're common
snares, and being more than two-thirds
IN interest of each class of stockholdarS
having voting power, voted in favor Of
the SAID amendment, change or altera-
tion- The said amendment, change or
ALTERATION so adopted by the stockhold-
ers was set forth in full by them in a
resolution in the following form, viz;
RESOLVED. That two-thirds in inter-
eS OF each class OF the stockholders of
the Clinch Valley Coal and Iron Cam
pany having voting power do bereh,,
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 Dis
rectors at their meeting held on tha
18th day of April, 1907, hereby adonf.
ing, approving and ratifying the same.
RESOLVED, That an Amendments
change or alteration in the charter ~
TINS corporation, decreasing the corpor,
ATOMS preferred and common stock Eon,
Two million one thousand eight hundred
dollars, l$2, 001, 800. 0o,) to one miII;oo
nine hundred and twenty-one Thousand
seven hundred and twenfy.eirht doijarS
$bs2l, 72a. 0Q,( and the par value Of The
shares into which the said preferred end
common stock is divided from one hnn-
ored collars TO ninety-six dollars. and in
oIner respects amending, changing or
altering Section 2 of the charter of the
corporation, is advisable, SO that when
.; salo amendment, change or altera-
Ion ion spaii become effective this CORPORA
ZION snail make distribution of four dol |
lars per share to all stockholders of nre.
ferred and common stock on aeco1nt 81
and IN reduction Of the par valne of Az
said preferred and common shares and
80 that Section 2 of the charter |
o1 the orpor j on. BEING on
Act OF the General Assembly Of V;,-
g1nia, entitled, "An Act to incornorate |
the Chnch Valley Coal and Iron Corn
PAN" approved March 80, 1887. as Mere
'ofore amended, which reads az follows:
..a; The capital stock of the
SAID Company shall not be less
Inan TWO hundred and fifty
thousand dollars, and may be
increased to any amount not
exceeding two million one
thousand eight hundred dollars
by subscription, or by the issue
or sale of shares, the par value
OF which shall not be less than
Hlty dollars, from time to time.
unGer such regulations and upon
sucn terms as the Board of Di-
rectors of said company sbell
from time to time PRESCRIBE.
and the Directors may receive
real or personal property suited
70 the business of the Company
In payment for subscriptions tn
the capital stock, at such valua.
ton as may be agreed upon be,
tween the directors and the
subscribers. Shall after the
said amendment, change or al.
iteration shall become effective
read as follows:
Y; The capital stock of the
said Company shall be one mil.
lion nine hundred and twenty
one thousand seven hundred and
twenty-eigbt dollars. Isl 921
728.OO,) in>shares the par vaL3e
OF which shall be ninetv-six
dollars
T. And that at the said meeting of
Sockholders the following resolnt;on ,
as adopted (by the vote of l6 i1a
lares, being all the shares present in ,
erson or by proxy and voting Ina favor !
the same, and being more than two