Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1907-06-14

"A. CARROLL WINCHESTER,
Secretary
o. That the said meeting of stock
holders was held at the place and time
specified In the resolutions and notice
nereinoefore mentioned, and at said
meeting there were present in person
or by proxy stockholders having vot-
Ing power holding 10, l43 shares OF the
Company, OF which S,740 were preferred
shares and 12,403 were common
shares, being considerably more than
two-thirds i'm interest of each class OF
the stockholders OF the Company hav-
ing voting power.
o. That at the said meeting OF
stockholders all OF the stockholders
present in person or by proxy, being
the holders OF 1913 shares OF
stock OF the Company, OF which 3,74O
were preferred shares and 12,4O3 were
common shares, and being more than
two-thirds in interest II 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
lowing form, viz:
"REsoLvED, That two-thirds in in
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 by
! 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:
"RBsoLvED, That an amendment.
change or alteration I'm the charter of
the corporation, decreasing the corpo-
ration's preferred and common stock
from two million one thousand eight
hundred dollars ($2, 001, SOOO0) to one
million nine hundred and twenty one
thousand seven hundred and twenty
eight dollars, Isl ,921 ,72S.0W, ard the
par value or the shares into which the
said preferred and common stock Is
divided from one hundred dollars
to ninety six dollars, and in
other respects amending, chang
ing or altering Section 2 of
the charter Of the corporation, Is ad-
! visable, 80 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 in
reduction OF the par value OF the said
preferred and common shares, and 80
that Section OF the charter OF the
corporation, being an Act OF the Gen
eral Assembly OF Virginia, entitled,
"An Act to incorporate the Clinch Val
ley Coal and Iron Company" approx
ed March 80, 1887, as heretofore
amended, which reads as follows:
q. 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 cub
scription. 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
and upon such terms as the board OF
directors OF said company shall from
time 10 time prescribe; and the Direc-
tors may receive real or personal
property suited TO the business OF the
Company in payment for subscriptions
TO the capital stock, at such valuation
as may be agreed upon between the
Directors and the subscribers
shall after the said amendment. change
-oIN .&sl
read as follows:
q. 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 1921, 72S.00), In shares the par value
of which shall be ninety-six dollars 4"
Z. And that at the said meeting OF
stockholders the following resolution
was adopted 10y the vote OF 16,l43
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 certificate of the
amendment, change or alteration Of
this Company's charter this day
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
it's 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
Company.
| Seal Of Clinch Val
( ley Coal Coal and