Page:1862 Territory of Dakota Session Laws.pdf/257

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CORPORATIONS.
[CHAP. XI

diminish the capital stock, and the business to which the company would be extended or changed.

Meeting, how organized, and business, how conducted.Sect. 19. At the time and place specified in the notice provided for in the preceding section, the stockholders present in person or by proxy shall organize, by choosing one of the trustees chairman of the meeting, and also a suitable person for secretary, and proceed to vote; and if, on canvassing the votes, it shall be found that votes representing at least two thirds of all the shares of stock of such company have been given in favor of increasing or diminishing the amount of capital, or [of] increasing or extending its business, or in favor of availing itself of the provisions and privileges of this act, as aforesaid, a certificate of the proceedings, showing a compliance with the provisions of this act, the business to which the company is extended or changed, and the amount to which the capital stock shall be increased or diminished shall be made out, signed, and verified by the chairman and secretary of the meeting; and such certificate shall be acknowledged by the chairman and secretary, and filed as required by the first section of this act; and when so filed, the capital of such corporation shall be increased or diminished to the amount specified in such certificate, and the business extended or changed as aforesaid, and the company shall be entitled to the provisions and privileges, and be subject to the liabilities this act, as the case may be.

Treasurer or clerk to keep book containing names of stockholders for six years, &c.Sect. 20. It shall be the duty of the trustees of every such corporation or company to cause a book to be kept by the treasurer or clerk thereof, containing the names of all persons alphabetically arranged, who are or shall have been, within six years, stockholders of such company, and showing their place of residence, and number of shares of stock held by them respectively, and the time when they respectively became the owners of such shares, every transfer of stock, and the amount of stock actually paid in; Book to open, to whose inspection.which book shall, during the usual business hours of the day, on every day except Sunday, be open for the inspection of stockholders and creditors of the company, and their personal representatives, at the office or principal place of business of such company, in the county where its business operations shall be located; and any and every such stockholder, creditor, or representa-