The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1916-05-19

On Wednesday the Doe Run Lead
Company by its attorneys filed with
the Circuit Court of st. Francois
county petition asking for a disso-
luton of its corporate existence. The
petition sets forth;
That ON the 18th day of May, 1916,
at meeting of its stockholders held
at its Office in the county of st. Fran
co.'s and State Of Missouri, due notice
of said meeting having been given
according to law, there was adopted
the following resolution.
Whereas, on December 6, 1918, at
meeting of the stockholders of this
company, duly called and held, at
which there were present in person
and by proxy two hundred and six
stockholders, holding in the aggre-
gate 62,062 shares of the stock OF
| this company, there were submitted
for the consideration and action OF the
stockholders of this company at said
meeting the following resolutions, to-
wit:
"Resolved, that the actions of the
board of directors of the company
heretofore taken in approving and
adopting and in carrying out the rec
concentrations of the joint committee
of stockholders of the Doe Run Lead
! Company and st. Joseph Lead Com
pany, as contained in the report of
said committee, dated Septermeb 10,
i 1918, be and the same are hereby ap-
proved, ratified and confirmed, and
said directors and officers are author
lied to take such action toward carry
ing out said recommendations or any
of them as they may deem necessary
or advisable.
"And be it further resolved, that
the employment of consulting en-
gineer, and the settlement made pur-
suant to the recommendations of said
! report. of the suit of Robert Holmes
ct al, against the Doe Run Lead
l Company ct al, (Which settlement
was evidenced by contract of settle
ment dated September 8, 1919, and
the payment Of this company Of the
e expenses of litigation as provided IN
T said settlement, and the payment OF
S this compai. ycof fees of attorneys foi
+ all the defendants in said suit against
this company, be and the same are
: hereby approved, ratified ana con-
!, firmed; and pursuant to said report
and settlement, all the claims alleged
involved and sought to be enforced in
said suit in behalf of this company ano
G against the individual defendants II
q said suit, be and the same are hereby
q declared to be and are eXtinguishec
: and released.
i "Resolved, that pursuant to th'
n recommendation contained in the re
!. port of the joint committee of stock
a holders of the st. Joseph Lead Com
n pany and of the Doe Run Lead Com
70 pany. dated September 10, 1879, tn
&c directors and officers of this compan
be and they are hereby authorized t
n sell. convey and deliver to the st. Jo
i seph Lead Company all of the pre-
a, perties and assets of this company 9
~ every kind and description, upon tn
y agreement of said st. Joseph Lea
he Company to assume and be bound D
Mt and pay or otherwise lawfully e.
tinguish and to protect this eompan
~ against all of the debts, liabilities an
nt obligations of this company of ever
on Kind, including all expenses incurrt
IN in connection with OF as incidental
said sale, and to the subsequent
ed ouidation and dissolution of this con
n nany. and upon the issuance and d
livery by said st. Joseph Lead Cor
be pany to this company in payment
nj he purchase price of said properti
and assets, and for the ratable bene
~ Of the stockholders of this compan
"f of certificates for S5,000,000 par val
roe of the present authorized and unissu
,ss stock of said st. Joe Lead Compar
and the payment Ct $125,OOO in cas-
III
Resolved, that Il, and as soon
the sale of the properties and asst
of this company to the st. Jose
:, Lead Company shall have been &C
sas summated, the purchase price real
se a ed thereby shall have been ratal
'ao q distributed among the stockholders
~ this company, the stock of this co
la, tan pany surrendered and cancelled a
sie the debts of this company extingui'
m on ed, this company shall stand and
dissolved and its charter and fr;
ny 3 chise surrendered, and the officers a
~. ~ directors are hereby authorized
.ai such case to execute and file the
I az strument necessary to carry such 9
.c4o C4e solution and surrender into effect
'aI 81 And, whereas said resolution
e ca 1, being duly submitted to the vote
p "a the stockholders by ballot, was ad
= ~. - ed by vote of Sc 029 shares
W. q stock in favor thereof, and no vo
"a were cast against it, and each
sI s'sId said resolutions Nos. II and Ill,
'u. ing duly submitted to the vote of
~ stocl holders by ballot. was adopted
ma vote IF 62.062 shares of stock
T favor thereof and no votes c
4 against them, or either of them;
Whereas under the trims Of q
oortain agreement and prcxv" da
September 10 1913 and pursuant
Jr.. aid rercrt Of he ioint cor'71it
we're which was ratified d confirmed
Of ai3 etfc' holders' mn7tirg more t
e to ~ r. said stoc' holders sold and
the araa more thar 90 per cent of
+he '+p1 stock Of y ice Run ],
- a.. Al r-rorh