The Western news. [volume] (Libby, Mont.) 1933-current, 1939-04-13
THE Z0NOLITE COMPANY
Libby, Montana
Notice of Special Meeting of
Stockholders.

+
The Zonolite Company, Montana
corporation, will be held on the 4tf
day of May. 1899, at o'clock in the
afternoon, at the general office Of
the company in Libby, Montana. fol
the following purposes:
l. 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 10th day of March, 1899
and declared advisable by resolu-
lions 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 (D,
(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 Isl .00J
each, and to deny TO present and flu
ture stockholders any -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 a meeting held on the
10th day of March 1899. 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 ~
year and shall serve until the cleo
ton and acceptance of their duly
qualified successors. Any vacancies
may be filled by the Board of Di-
rectors for the unexpired term.
(b) 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,
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
written consent W all
the members of the Board or blythe
presence of all members of the
Board at such meeting. In case the
of the Board of Directors
shall be held at the office of the
in Chicago, Illinois, or else
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-
,ipal office or place of business of
he company in Montana, and shall
De part of the records in Montana.
3. To take action on the approval
or disapproval of an agreement duly
-atified and approved by resolution
If the Board of Directors duly
adopted by such board on the goth
lay of March, 1899, which agree
nent is described as follows:
An agreement in writing, dated
he goth day of March, 1889, ex-
acuted by the proper officers of the
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
aolders of this company for the sale
by Universal Insulation Company,
an Illinois corporation, as vendor, to
The Zonolite Company, a Montana
as vendee, of all cor
oorate property, rights and credits
IF the vendor corporation including
is real estate, mining claims-pat-
anted and not patented-both lode
and placer, in and near Libby. Mon
ana, described generally as follows.
Lots 2, 3, 6, 7 in section 80, block
)r township 81, range 30, acres l03
,along Great Northern frontage S
niles east of Libby and purchased
IS terminal of an aerial tram line):
and in lot 5 and N. w. AS. E. 4
Less Right of Way in section 3,
block or township 30 range 81,
acres 8l2 Gin Libby proper; and al
placer mining claim-patented -
yermiculite No. in Rainy creek,
Mining District, Lin
'oln County, Montana; placer min
ng claims-not patented-being
Jermiculite Nos. 2, 3, 5 and 6, re-
'orded in the office of the County
clerk and Recorder for Lincoln
county. Montana, in Book II of
Placer Locations, at pages 88, 80,
i and 80, respectively, % lode min
ng claims-not patented-recorded
n the office Of the County Clerk
md Recorder for Lincoln County,
Montana, in Quartz Locations Book
~