The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1909-10-16
J. P. GARDNER
The Clothier
HAS MOVED
Directly across the street from the
old stand.
Western Monitor Mining Co.-Notiee
Of Special Meeting Of the
Stockholders.


NOTICE IS HEREBY GIVEN THAT
pursuant to a resolution duly and regu-
larly passed at a regular meeting Of the
board of directors Of the Western MOni-
tor Mining company, a corporation OF
Utah, a special meeting of stockholders
of said company is hereby called to con-
Vene at its office, No. 925 East Fifth
South street, Salt Lake City. Utah, on
Saturday. the 9Th day Of November, 1903,
at o'clock m. The purpose and OBJ
ject of said meeting is to consider and
vote upon the questions Of amending and
changing articles XVI and XVII Of the
articles of incorporation Of said company
as follows:
First-For the striking out Of article
XVI, which reads as follows:
'"The directors Of said corporation, for
the purpose Of paying expenses, conduct
ing the business, or paying the debts Of
said corporation, may levy and collect
assessments in the manner and form and
to the extent hereinafter provided. but
no one assessment shall exceed u per
cent of the amount of the capital stock
herein provided for, nor shall the whole
amount of the assessment levied and to
be levied, in the aggregate, during the life
of this corporation, as herein provided
exceed the amount Of $3.50, nor shall as
sessments be levied OfteneT than once in
ninety days. And no assessment shall
be levied until the working capital here
by provided shall have been exhausted D.
and for the substituting in lieu thereof
the following article:
'Ine BOARD or directors may levy assess
ments in the manner provided by law
upon the outstanding capital stock Of this
company for the purposes Of carrying on
the avOWed pursuits and business without
first eXhausting or resOrting to the treas
ury stock; provided, however, that such
assessments shall not be levied ofteDer
than once in every three 90 months nor
shall any assessment exceed a levy Of 2
per cent on the par value Of the out
standing capital stock"
SecOnd-FOr the striking out Of article
XVII, which reads as follows:
mo assessment as aforesaid shall be
levied, except by order Of a majority OF
said board Of directors, and not by them
unless they personally or by proxy, at
the time of such levy, represent a ma
iOrity of the stock of said corporation
and such levy shall be entered upon the
/ records of the incorporation; but no such
! assessments shall be levied while any DOR
ton Of any previous assessment remains
unpaid or uncOllected, except in cases
where all the powers of the corporation
/ have been exercised in accordance with
/ the terms hereof for the purpose Of col
/ lecting such previous assessment: or IS
restrained by injunction or other process;
in both which cases a further assessment
may be levied and collected according to
/ these articles" and for the substituting
in lieu thereof the following article:
mo assessment, as aforesaid, shall be
| levied, except by order Of a majority OF
| the said board of directors"
J. A. JOHNSON, President
A&EL II. STEELE, Secretary.
Date of first publication, Oct T. 1893.