The Big Stone Gap post. [volume] (Big Stone Gap, Wise County, Va.) 1892-1928, 1913-08-06
Mineral Development
Company.
Certificate of Amendment OF
Charter.
The MINERAL DEVELOPMENT
CNMHANN LnlrllX cnrtlfin- Lhai

The MINERAL DEVELOPMENT
COM PANY hereby ccrtifics that
I, The said Company Is : corporation
chartered by an Act of the General
Assembly Of Virginia, approved the e3rl
day ot May, 1881, entitled "An Act to
Incorporate the Mineral Development
Company
Directors of the said Company. duly
called and held ON the 2sih day or MAY.
1913. the said Board unanimously passed
A resolution declaring that AN amendment,
change or alteration IN the Charter of
said Company decreasing the capital
stock of The Company from One Million
Dollars tSl ,OO0,OoW to Eigh, Hundred
aud Fifty Thousand Dollars (SS5O,O0
was advisable. and calling meeting Of
the stockholders To take action upon the
proposed amendment. change or altcrR-
ton at The Office of the Company At Big
Stone Gap County of Wise and state
OF Virginia, on the 1wcuty-third day of
June, 1918, at II o'clock VI \ copy
of the said resolution. marked Exhibit
a is annexed hereto and made part
hereof
q Notice of the meeting of stcckhold-
ers so called was given In writing to each
at the stockholders of the said Company
lay serving the same on him personally of
by mailing the same to him io lis last
known postoflcc address, at least ten days
prior to said meeting The said notice
stated the sine and place ui the meeting
aud its object. a copy oi the said notice
marked Exhibit n is hereto annexed
aud made part hereof
I The said meeting of stockholders
was held at the place and time specified
IN the resolution aud notice hcrcn-hc-
fnre mentioned, and at the said meeting
there We're present. of stockholders hold
Ing the total outstanding capital stock of
the said company which consists of 10000
SHARES
In pcmon stakeholder, hold
ing . shares
by proxy Stockholders hold
ing . 5000 shares
Total s.inl share,
being considerably MORO than two-thirls
IN interest Of the stockholders having
voting power
B At the said meeting of stockholders
all of the stock holders present he person
or by proxy being the said holders of the
said 100 shares, or more than two thirds
IN Interest of all the stockholders having
voting power. voted In favor OF the
said, and mo shares werr voted against
the adoption of the said amenlmcnt,
change or alterations ilr said smcnd
ment, change or alienation So adopted hN
tile stockholders was set forth BOO init hy
them IN a resolution boo III. following
form. viz
Resolved. That two-ihrls boo interest
of the Stockholders of The Mineral
Development Company having voting
power, do hereby vote m favor of thc
amendment change or alteration advised
10y the liuari uf Directors iu the Charter
OF the said Company. decreasing ihe au-
ihnri1"d mANinuui Capitai stock pi thu
Company fpm One Million Dollars
slopWp1l to Eight iinudrcd and iiny
Thousand Dollars $4,000. ~ set forth
the lioanl oi Directors of ihc said Com
pany at their meeting held nu the .Sth
day of MAY 1913. hcwhy approving and
rttiiAing tile same. VIZ
Resolved. That Au amendment. change
or alteration lu The Charter of ihis Com
iAHy, decreasing tie capital ,t,,,k from
. 1000 rpQ to $50 uO0. and the tor s,iucI
81 The -hArv> into which the said capital
stUck ~ Ills ided FROM sluli $50. is adyis
able, 81 that whou ihe said amendment.
change or alteration shall b.-Vumc effect,
i've, this Company shall make distriMu
tlun ot Sla Ter share go all holders of its
capAl stoSk on account nr and iu re
dncti"n of, tlte amounts actually paid iu
on ihe said shans and Section . az the
'hsrtcr of tile Company which, AS
amended 10y resolution adopted 10y the
stockholders OF the Company on Man i,t
1912, reads As follows
80 The capital stock of ihc said Com
many shall 4ttf iN4 los. fl.,t nv tlt.ttl.ttI