The Western news. [volume] (Libby, Mont.) 1933-current, 1939-04-06
THE ZONOLITE COMPANY
Libby, Montana
Notice of Special Meeting of
Stockholders


poration.
Notice is hereby given that a spe-
cial meeting of the stockholders of
The Zonolite Company. a Montana
corporation, will be held on the 4th
day of May, 1889, at o'clock in the
afternoon, at the general office of
the company in Libby, Montana, for
the following purposes:
|. To take action on the adoption
or disapproval of the following
amendments of the Articles of In
corporation as amended, pursuant
to resolutions of the board of di !.
rectors duly adopted at a meeting
held on the Goth day of March, 1899,
and declared advisable by resolu-
tons of such board:
(a) To amend amended Article
First of the Articles of Incorpora-
ton, changing the name of the cor
poration to Universal Zonolite In
sulation Co."
(b) To amend Article Fifth of the
Articles of Incorporation to provide
that the number of directors shall
be eleven (1D;
(cl To amend amended Article
Sixth of the Articles of Incorpora-
ton to increase the capital stock of
the company to 100000 shares of
the par value of One Dollar ($1.00)
each, and to deny to present and flu
ture stockholders any pre-emptive
or preferential rights to subscribe to
any or all additional issues of stock
of the corporation or bonds, de-
bentures or other obligations con-
vertible into stock.
2. To take action on the adoption
or disapproval of the following
amendments of the Bylaws of the
corporation, pursuant to resolutions
of the board of directors duly
adopted at meeting held on the
goth day of March, 1889, and de-
clared advisable by resolutions of
such board:
(a) To amend Section | of Article
III of the BY laws Of the company
to read as follows:
|. The business and property of
the company shall be managed by a
board of eleven (1D Directors who
shall be stockholders and who shall
be elected annually by ballot by the
stockholders for the term of one ID
year and shall serve until the cleo
ton and acceptance of their duly
qualified successors. Amy vacancies
may be filled by the Board of Di-
rectors for the unexpired term.
tb) To amend Section 3 of Article
III of the Bylaws of the company to
read as follows:
(3) Special meetings of the Board
of Directors may be held in the
principal office of the company in
Libby, Montana or may be called
and held at the office of the COM
pany in Chicago, Illinois, or Detroit
Michigan, at such place as may be
designated by the Board of Direc-
tors. and such special meetings may
be called at any time by the Presi-
dent or by any three members OF
the Board or may be held at any
time and place without notice by
unanimous written consent of all
the members of the Board or by the
presence of all members of the
Board at such meeting. In case the
meetings of the Board of Directors
shall be held at the office of the
company in Chicago, Illinois, or else
where outside of the state of Mon
tana, either the original or full and
complete copy or duplicate of all
proceedings had at any such meet
ing or meetings, certified by the
President and Secretary under seal
shall be sent and kept at the prin-
cipal office or place of business OF
the company in Montana, and shall
be part Of the records in Montana
g. To take action on the approval
or disapproval of an agreement duly
ratified and approved by resolution
of the Board of Directors duly
adopted by such board on the goth
day of March, 1899, which agree
ment is described as follows:
An agreement in writing dated
the 10th day of March, 1899, ex-
ecuted by the proper officers Of the
respective corporations in behalf OF
such corporations, and ratified and
approved by the Board of Directors
of this company, subject to APP
prevail and adoption by the stock
holders of this company, for the sale
by Universal Insulation Company
an Illinois corporation, as vendor, to
The Zonolite Company, a Montana
corporation, as vendee, of all cor
porate property, rights and credits
of the vendor corporation, including
its real estate. mining claims-pat-
ented and not patented-both lode
and placer, in and near Libby, Mon
tana, described generally as follows
Lots 2, 3, 6, in section 80, block
or township 81, range 80, acres 101
(along Great Northern frontage 5
miles east of Libby and purchased
as terminal of an aerial tram line)
land in lot and N. w. AS. E. a
Less Right of Way in section 8
block or township 30, range 81
acres 8l2 lin Libby proper; and a
placer mining patented :
Vermiculite No. in Rainy creek
unorganized, Mining District, Lin
coin County, Montana; placer min
ing claims-not acknowledging
Vermiculite Nos. 2, 3, 5 and s, re
corded in the office of the County
Clerk and Recorder for Lincoln
County. Montana, in Book II Of
Placer Locations, at pages 88, go
9l and 80, respectively; % lode min
ing claims-not patented-recorded
in the office of the County Clerk
and Recorder for Lincoln County,
Montana, in Quartz Locations Book