OCR Text |
Show NOTICE. T. A meeting of the stockholders of the Merchants' hnnk. a Utah corporation, will be hold nt the office of said bank nt 311 South Main street. Salt Lako City. Utah, on the Sth day of June, 1909. nt 2 o'clock n. m.. for the following purposes: pur-poses: 1. To consider and pns3 upon the question ques-tion of amending article 7 ct' the articles of Incorporation of said bank, so that the tame n3 amended shall read as follows: ARTICLE 7. "The limit of the capital slock of this, corporation is and shall bo two hundred and fifty thousand ($250,000) dollars, dl-.vldcd dl-.vldcd into twenty-five hundred (2500) shares of the par value of one hundred ($100) dollars each share." 2. For tho purposo of considering nnd passing upon Ihe question nf amending Article 9 of tho articles of Incorporation of said bank ho. that the first sentence of aaid article which reads as follows: "Tho officers of this corporation shall consist of a board of soven directors." whon and as amended shall read as follows: fol-lows: "Tho officers of this corporation shall consist of a beard of fifteen directors." 3. To consider and pass upon tho question ques-tion of amending tho first sentence In pjlrapraph 1 of said article 9 of the articles ar-ticles of Incorporation of said bank, which reads as follows: "Four members shall constitute a quorum of the board of directors to transact trans-act business, and it. shall require four members to conslltuto 11 quorum at any regular or special mooting," so that the same shall rend as follows: "Eight members shall const! tutu a quorum of the board of directors to transact trans-act business, nnd It shall require eight members to constitute a quorum at uny regular or special meeting." U. P. CLARK. President of Merchants' Bank. Dated May 12. 1909. r!570 |