| Show NOTICE TO THE MEMBERS OF THE THECA CA CANNONVILLE PIPE LINE CO COMPANY Inc You and aud each of or you OU is hereby hereby here here- b by notified that on Monday Monda May 13 1946 at o'clock P. P M. M at the usual place of meeting a meeting is hereby called for the purpose of amending the Article of Incorporation as follows RESOLVED that the Articles of Incorporation of the tho Cannonville Cannon Cannon- ville yule Pipe Line Company Inc be and the same Is hereby amended by adding a paragraph following section 5 and known as and which reads as follows follows follows fol fol- fol- fol lows The corporation shall have havethe havethe the power to buy sell receive own lease mortgage encumber encumber ber bel convey comey and exorcise exercise all privileges of ownership over such real or personal property proper proper- t ty as may be necessary or convenient convenient convenient con con- for the conduct and operation of an any of the business business business bus bus- iness of the company or incidental incidental incidental inci inci- dental thereto to borrow mone money to give a lien on any of Its property properly as security for loans Joans thereon to sue and be sued to contract and be contracted contracted contracted con con- with and to levy assessments as- as assessments assessments as as- in the manner and andin andin andin in the amount provided in inthe inthe inthe the By Laws It is expressly provided pro however that tho Board Doard of Directors may not mortgage encumber lease sell or convey the property of the company unless there Is Obtained the consent thereto of at least two-thirds two of all members present In person at ata a meeting called for such purpose purpose purpose pur pur- pose pursuant to notice as provided in the By Dy The company shall have and exercise exercise exer exer- cise else all powers rights and privileges conferred on corporations corporations corporations corp corp- orations by the laws of the State of oC Utah and all powers and rights necessary incidental incident incident- al or conducive to carry out the objects and purposes for which this corporation is formed ormed The foregoing shall shaH be construed both as purposes objects and powers and the enumeration thereof shall not be considered to limit or re restrict restrict restrict re- re strict in any manner the general general general gen gen- eral powers conferred on this corporation the by-the laws of the State of Utah all of which are expressly claimed BE DE IT FURTHER RESOLVED that the tho Articles of Incorporation tion be further amended by eliminating eliminating elim eUm- section 14 11 in its entirety and adding a paragraph known as and which read as follows follows fol tol- fol- fol lows At all duly authorized meetings meetings meetings meet meet- ings regular or special the tho capital stock present at such meetings will constitute a quorum and will have power and authority to act on all matters of business of the tho corporation Also at such meetings the votes of or tho the majority majority majority ma ma- of stock present will be required and necessary to determine de de- termine tormine all matters of business busin busin- ess of the corporation and the election of officers The person person person per per- son or or persons receiving tho the majority of or all votes cast at such election shall be deemed and declared elected BE IT FURTHER RESOLVED that tho the Articles of Incorporation tion be further amended by eliminating el eliminating eliminating el- el section 20 In its entirety entirety entirety en en- and adding a paragraph known as and which reads as follows The rhe Board of oC Directors shall have havo the care custody and control of the corporate properly properly property prop prop- erly erty and shall exercise the tho corporate powers of or the com com- pany subject to the provisions of or the Articles of Incorporation tion and aud the tho Laws By-Laws and shall have the power and right to mortgage lease encumber sell or convey any real or personal personal personal per per- property of oC the corporation corporation corporation corpora corpora- tion up upon n obtaining authorization authorization authorization as provided in Article 5 of these Articles of Incorporation BE IT FURTHER RESOLVED that the Articles of Incorporation tion be further amended by re rewriting rewriting rewriting re- re writing section 23 to be known as and which reads as follows follows follows fol fol- lows The capital stock of this thi corporation shall be assessable h by the Board of Directors for amounts sufficient to pay the yearly cost of operation maintenance maintenance maintenance main main- repair improvements water assessments taxes interest In Interest interest in- in terest and principal on all obligations obligations obligations ob ob- of the company Any stockholders failing to pay his assessments shall fornel his rights as stockholder as provided In the By Laws JOHN PALMER President 0 M. M r. r MORLEY Secretary First publication Apr 18 1946 Last publication Apr 25 1946 |
