The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1914-04-25
NOTICE.

atiized5 I'm dor the law the State
of West Virginia VIII be held. at its
3psineipal office In the Jacobs Build.
ding, i'm the City OF Fairniont and
State OF West Virginia. at 1880
O'clock, p, NJ. ON the goth day OF
April 1914, for the purpose of-con-
sidertng the adoption ola resolution
TO increase the authorized capital
stock Of said corporation from four
tliousand shares Of the par value Of
$40. 90 each to eight thousand
shares of the par value of $4,000
each, 80. that the authorized capital
stock of said corporation shall here
after be 81, O40,O0O.0O instead OF
$520,00O.00, as heretoHore; for the
purpose Of amending the constitu-
ttsu and BYLAWS OF said Assoeia-
tion;- and for the transaction of such
other business as may 30 presented
properly at said meeting.
BY order Of the Board of Directors.
Given under my hand this 18th day
of April, 1914.
j. NJ. HARTLEY, President.
Notice is hereby given that Mt a
general meeting OF the stockholders
of Fairmont Building and Loan Asso-
citation corporation to be held in
the city;of Fairmont. Marion Conn-
ty. West Virginia, at tile Office oftAe
Association. ,on Wednesday. April
%, 1914, the following resolutions,
amending the Constitution and BY
Laws, aud increasing the capital
stock Of said Association, will be Of
fered for adoption:
RECoLvED: That Section Of
Article 8, Of the Constitution Of
Fairmont Building and Loan Asso-
citation; be and the same is hereby
amended to read as follows:
Section /. The capital stock of
this Association shall be $1,000, ODO.,
90, divided into shares of $4,000
each.
RESOLVED: That Section . Of the
bylaws of. Fairmont Building and
Loan Association be and the same is
hereby amended to read as follows:
Any person of good moral char
acter may become stakeholder OF
this Association by subscribing for
one or more shares Of stock aud pay
ing thereon the sum of twenty-five
cents for each share OF Fast Slatur-
ing Stock, and tho sum of twelve
and one-half cents for each share of
Slow Maturing Stock for which he
has so subscribed; or by paying. the
sum of $4,000 for each share OF
Paid-up Stock for which lie has so
subscribed"
RESOLVED: Thattsection I of the
Bylaws of Fairmont Building and
Loan Association be.Md the same Is
hereby amended by inserting, i'm,
mediately before the last sentence
in said section and Immediately az
ter the words, inlay be received by
him." the following:
He shall also conduct the sales,
by auction, of all monies in the
Treasury of the Association avail
able for that purpose, as hereinafter
provided
\ RESOLVED: That Section 10 OF
the bylaws Of Fairmont Building
and Loan Association be and the
same is hereby amended to read as
follows;
Section 10. The stock of this
Association shall consist of two
kinds, viz: I Paid-up Stock and In
stallmcnt Stock, and the latter shall
be divided, to meet the require.
ments of the stockholders of. the
Association, into two classe, viz: Fast
Maturing Stock and Slow Maturing
Stock"
RESOLVED: That Section IL OF
the Bylaws of Fairmont Building
and Loan Association be and the
same is hereby amended to read as
follows:
Section II, Subscriptions to In
stallment Stock tboth Fast Matur-
ing and Slow Maturing) in this AS
ISOLATION will be received at any
time.S Each holder Of Fast Maturing
lnstallment Stock shall4 pay to the
Secretary at the office Of tie AS
ISOLATION, each Saturday night, at
the time set forth In Section Is of
these Bylaws, the sum of twenty-I
five cents for each share of said stool,
held by him, and each holder OF Slow
Maturing Stock shall in like manner
pay the sum Of twelve and one-half
cents per week for each share of said
asst mentioned stock held by him.
until said weekly payments, togeth-
sr with the net earnings thereon,
hall amount TO the par value of said
itock, at which time the stockholder
hall be entitled to receive the value
hereof n cash, or. with the con-
'ent OF tile Board of Directors, In
Stocks, after deducting for
ny loans or other Indebtedness to
lie Association, in which case the
oan or other Indebtedness shall be
aneelled. Any member shall have
he right to pay his dues on INSTALL
nent Stock in advance If he so de-
Tres"
RES0I ,VED. ~sI,I,at S.o.; II