Lincoln County times. (Jerome, Idaho) 1911-1919, 1918-07-18
ARTICLE II.
Stockholders Meetings.

Section |. The annual meeting OF the
stockholders of this corporation shall be
held at the office of the corporation at
its principal place of business on the
first Saturday in -....-..-......--....-.. of each
year at the hour of 2 o'clock p. M, pro-
viding that when said day shall fall on
legal holiday, such meeting shall be
held on the previous day at the same
hour and place, for the purpose of the
election of directors for the ensuing year
and for such other business as may
properly come before it, and if from any
cause said election does not take place
upon said day, it may be held on any
day thereafter to which said election
may be adjourned or ordered by the d.
rectors.
Sec. g How called when not held at
appointed time: If for any reason the
annual meeting has not been held at the
appointed time as hereinbefore provided
and no adjourned or other meeting for
the purpose has been ordered by the d.
rectors, such annual meeting may be
called by the president or by majority
of the directors, or by the stockholders
holding at least 10 per cent of the cap
ital stock Such call must be in writ
ing addressed to the Secretary, who
must thereupon give notice of the time,
place and object of the meeting and by
nh t. al h.
tary refuses to give the notice, or if
there be no secretary, the call must be
addressed directly to the stockholders
and serve as a notice, in which case 1t
must specify the time and place of meet;
ing. Notice of such meeting must be
given in the manner provided in the fol-
lowing section.
Sec. g. Notice of annual meeting: 1t
shall be the duty of the Secretary to
cause notice of the annual meeting to
be given by an advertisement thereof for
at least two weeks before the meeting
in a newspaper published in the county
in which the principal place of business
of the corporation is located, and by
mailing to each stockholder copy of
said notice at his address as the same
appears on the books of the company
or at his last known postoffice address.
Sec. 4. Special meetings of the stock
holders may be held at the office of the
corporation at its principal plcae of bust
ness whenever called by the president as
he may deem expedient, and it shall be
his duty to call special meeting of the
stockholders whenever requested to do so
by stockholders holding ten per cent Of
the stock issued, and if the president on
such request -neglects for twentyfour
hours to call such meeting then the
stockholders making the request may
do so by filing with the secretary writ
ten demand for such meeting, stating the
purpose thereof, and the business to be
transacted. Thereupon it shall be the
duty of the secretary to call such meet
ing as if calling meeting under the
provisions of Section hereof, provided,
however, that if all the stockholders
shall waive notice of a special meeting
no notice of such meeting shall be re.
quired, and whenever all the stockholders
are present in person or by proxy at any
meeting called, such meeting shall b,
valid for all purposes as if regularly
called, and when so assembled said stock
holders may elect officers to fill all va
cancies then existing and may act upon
such other business as may be lawfully
transacted at regular meeting of the
corporation.
Sec. s. Notice of such special meeting
and of such meeting held pursuant to
any section of the statute, stating the
time and in general terms the purpose
thereof, shall be mailed by the secretary
at least two weeks prior to the meeting
to each stakeholder at his address as the
same appears ON the books of the com
pany and no business not so stated shall
be considered at such meeting.
Sec. 8. Districts: Immediately afte,
the organization of the first board of di
rectors said board shall divide the terri
tory covered by the Twin Falls NORTH
Side Land and Water company's project
into nine 10y divisions of as nearly equa
size a. possible, which divisions and. tn.
boundaries thereof may be changed by
the board of directors from time to tim,
as they see fit. Local meetings of tn,
stockholders of the various divisions ere
ated as above provided may be called b,
the resident directors of such division
ut any time. All stockholders qualife,
to vote At q general stockholders meet
ing may participate in the meeting o