Show I 1 constitution sec 1 the name of this company shall bo be the Utah produce company and its duration shall shail not bo be less legs than three years sem sea 2 the amount of its capital stock shall be one hundred thousand dollars to be increased when deemed necessary by the stockholders representing two thirds of the paid up stock to be divided into shares of one hundred dollars each bee see 8 3 the company are fully authorized to do b business sin ess when two hundred bares shares are subscribed bed sec see 4 the business of the company shallie shall shail be to deal in grain flour and such other gher commodities as the president gd and directors may think proper both by purchase and on commission and of the same to market for sale i hee sec 5 the powers ot of the company shall be exercised by a president annd and five directors I 1 vilo wiio shall appoint a treasurer and secretary the T treasurer measurer rea surer shall give sucu such bonds as the predent president I 1 si and anti secretary may require see sec ze 0 T the ie president and directors shall be elected dy by the stockholders and hold office for one year or until their successors are elected and enter upon the duties of their office sec see 7 no person shall be eligible for office who is not both a stockholder and n resident of this ahls territory all officers aro arc eligible for election reelection re 1 sec sed 8 whenever deemed neo necessary essary by the president and directors to call a meeting of the stockholders the secretary shall give ten days notice of the time and place thereof by publication in some local newspaper sec see 9 A number of persons representing enting more than one half of the paid prad up stock are necessary to constitute a quorum to do business in all general meetings of tho the stockholders each person shall be entitled to as many votes vote aerson as he lie holds olds shares sec see 10 the secretary shall keep the books of the tho company which shall be subject to the in 1 spec ion ton of the stockholders including a book containing the names of ali all the stockholders and when they became such together with the number of shares held by each respectively sec see 11 the president and rectors directors Df shall have power to make such bye laws as they may deem necessary for the business of the company hec bee 12 A dividend montis of be declared and paid every six months see sec 18 13 this constitution may be altered or amended by a vote of the tho stockholders representing two thirds of the paid up stock |