Cresco plain dealer. (Cresco, Howard County, Iowa) 1913-1945, 1916-10-13

fifty shares Of Its stock, and all applications
for stock shall be subject to the approval or
rejection OF the board of directors; and no
stakeholder In this corporation shall be en-
titled to more than one vote; 1t being the
intent Of this provision to give equal voting
power to all stockholders Irrespective of the
mum Der Of shares held by them.
No voting by proxy shall be allowed upon
any proposition, resolution or motion, nor in
the election or removal of Off GERS, nor upon
any measure concerning the business or af-
fairs of the corporation. No person shall be
permitted to vote upon any motion, resolu-
ton or proposition concerning the affairs of
the corporation, nor to vote at an election of
Off cers or to remove an officer or director,
except such person is q stakeholder In the
corporation, of record on the books of the
secretary. 800
ARTICLE XII.
The annual meeting of the stock holders of
the corporation shall be held At Cresco
Iowa, on the Second Saturday of February
Of each year, beginning in the year 1917
Notice Of such meeting shall be given by the
secretary mailing to each stockholder Of
record on the books Of the corporation to his
last known address 1t least ten days before
the date of said annual meeting, q written
or printed notice giving the date, the hour
and the place OF meeting, designating the
building in which to be held, and the general
purpose of the meeting.
Any stakeholder OF record on the books Of
the corporation may cast his vote by mail
upon any matter coming before q meeting Of
the stock holders, provided he has been noti-
fed In writing by the secretary of the exact
motion. resolution, or proposition, or other
matter coming before the meeting, and pro-
viding also that the vote he So casts has
attached thereto copy ofthe notice SO sent
him by the secretary, together with a copy
which said vote is cast.
Special meetings OF the stockholders may
be called at any time when deemed ex pedi-
ent, by the board of directors, and such
meetings shall be called by the secretary
giving notice as herein provided whenever
appllcation.for special meeting has been
made to the secretary In writing stating the
specific purposes for which such meeting is
asked and signed by not less than ten per
cent. of the stockholders, and at such special
meetings no business other than that for
which such meeting has been called shall be
ARTICLE MI.
except article seven hereof, at any annual or
special meeting called for that purpose, a
notice such meeting having been mailed
to each stakeholder at least five days prior to
such meeting, by a quorum consisting Off
per cent. of the stockholders of record, and
the proposed amendment shall have at least
10 per cent. of the STOCKHOLDERS present and
voting in favor thereof In order to amend.
ARTICLE XIII.
This Corporation shall commence business
on July 10th, 1876 and shall continue for a
period of twenty years thereafter, with the
privilege ofrenewal as provided by law, I'M
less 1t shall be sooner dissolved by a two
thirds vote of all the stockholders ats meet
ing called ex pressly ovote upon the ques-
ton of,dissolutton.
ARTICLE FOURTEEN
The officers Of this corporation shall con-
sist of a board of not less than nine directors
chosen from among the stockholders of this
and the following named ofhc-
ers shall be the officers Of this corporation
until the animal meeting to be held the Sec
ondlSaturday in February, 1917, viz: i
w. L.:Curtis, President.
WA. ClInk, Vice-President,
w j. Emmett Carroll, Secretary and Treas.
II IT, Krueger