Tazewell Republican. [volume] (Tazewell, Va.) 1892-1919, 1907-06-20

ginia, on Tuesday. May 21st, 1907, at I
O'Clock p. m.
The meeting has also been called by
the Board of Directors of the Company
as special meeting of the Stockholders
OF the Company to be held at the same
time and place, to consider and TO take
action las a special subjec) on ar
amendment, change or alteration i'm the
Company's charter which the Board OF
Directors of the Company in a resolu.
ton passed on April 18th, 1907, has de.
clared advisable, viz:
RESOLVED, That an amendment
change or alteration in the charter OF
TINS corporation, decreasing the corpor.
atoms preferred and common stock
from two million one thousand eight
hundred dollars ($2,O01, 800. OO) to one
million nine hundred and twenty-ont
thousand seven hundred and twenty.
eight dollars, Isl, 921, 72S. OO) and the pai
value OF the shares into which the sale
preferred and common stock is divided
from one hundred dollars to ninety-siS
dollars, and in other respects amending
changing or altering Section 2 of the
charter of the corporation, is advisable.
so that when the said amendment,
change or alteration shall become effec.
1--WE THIS corporation shall make distri-
button of four dollars per share to al
stockholders of preferred and common
stock on account of and in reduction OF
the par value of the said preferred ano
common shares, and so that Section :
OF the charter of the corporation. being
an Act, of the General Assembly OF
Virginia, entitled. can Act to incorpor.
ate the Clinch Valley Coal and tror
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 ffty
| thousand dollars, and may be
lncreas d to any amount not ex-
ceeding two million one thou
sand eight hundred dollars by
subscription, or by the issue or
sale of shares, the par value of
which shall not be less than
nifty 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:
and the directors NAV receive
real or personal property suited
to 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
teration 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
and twenty-eight dollars, ISL
921, 72S.O0,) in shares the par
value of which shall be ninety
six dollars"
By order of the Board of Directors.
H. CARROLL WINCHESTER,
Secretary.
5. That the said meeting of stock.
holders was held at the place and time
| specified in the resolutions and notice
herelnbefore 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-
ferred shares and IL, 403 were common
SHARES, being considerably more thar
tWo-thlrdS IN interest of each class OF
the stockholders of the Company hav.
ing voting power.
9. That at the said meeting of stock.
holders all of the stockholders present
IN person or by proxy, being the hold
ers of 16, las shares of stock of the
Company, of which 8, 740 were prefer.
red 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 altera.
ton. The said amendment, change OF
alteration so adopted by the stockhold-
ers was set forth in full by them in q
resolution In the following form, viz:
RESOLVED, That two-thirds in inter.
est of each class of the stockholders OF
the Cllnch Valley Coal and Iron Com
pany having voting power do hereby
vote IN favor of the amendment, change
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 ri.
rectors at their meeting held on the
18th day of April, 1907, hereby adopt
ing, approving and ratifying the same,
Wig;
RESOLVED, That an amendment.
change or alteration in the charter OF
OiitS corporation, decreasing the cOrDOr-
alton s preferred and common stock from
two million one thousand eight hundred
dollars, ($2,001, 10000 to one million
nine hundred and twenty-one thousand
seven hundred and twenty-eight dollars.
Isl, 92l, 728.00,( and the par value of the
shares into which the said preferred and
common stock is divided from one hun
dred dollars to ninety-six dollars, and in
other respects amending, changing or
altering Section of the charter of the
corporation, is advisable, 90 that when
the said amendment, change or altera,
ton shall become effective this corpora
ton shall make distribution of four dol
lars per share to all stockholders of pre-
ferred and common stock on account of
and In reduction of the par value of the
said preferred and common shares. and
so that Section 2 of the charter
OF the corp ton, being an
Act OF the General Assembly of Vir-
ginia, entitled, ''An Act to incorporate
the Clinch Valley Coal and Iron Com
pan, approved March 80, 1887, as here
tofore amended, which reads as follows
''2. The capital stock of tho