LPPD000244

• Contract/PO #: C150177
• Contractor Name: Smart Brothers, Inc.
• Contract Type: Loan
• Water District: 64
• County: Logan
• Loan Projects - Doc Type: Feasibility Study

'"'-'""

of the corporation are proposed to be increased, at least
thirty (30) days notice in like manner shall be given. The
notice of all meetings shall state the place, day, and hour
thereof. The notice of a special meeting shall. in addition,
state the purposes thereof.

Section 5. ~Qrum~ The holders of a majority of the
shares issued and outstanding and entitled to vote thereat
shall when present in person or represented by proxy be
requisite to and shall constitute a quorum at all meetings of
stockholders for the transaction of business except as
otherwise provided by statute, by the Articles of
Incorporation, or by these By-Laws. In the absence of a
quorum at any such meeting, a majority of the stockholders
present in person or represented by proxy and entitled to
vote thereat may adjourn the meeting from time to time
without further notice until a quorum shall be present or
represented.

Section 6. YQlt!!.&... At every meeting of shareholders
each stockholder having the right to vote shall be entitled
to vote .in person or by proxy executed in writing by such
stockholder or by his duly authorized attorney in fact;
provided, however, that no such proxy shall be valid after
eleven (11) months from the date of its execution, unless
such proxy expressly provides for a longer period.

--.,./

Section 7. EL~ing Record pa~~ The Board of Directors
shall have in their discretion authority to fix in advance a
date, not less than ten (10) no more than fifty (50) days
preceding the date of any meeting of stockholders, or the day
for payment of any dividends, as a record date for the
determination of the stockholders entitled to notice of, and
to vote at. any such meeting and any adjournment thereof, or
entitled to receive any such dividend, and in such case only
such stockholders as shall be stockholders of record on the
date so fixed shall be entitled to notice of, and to vote at,
such meeting and any adjournment thereof, or to receive
payment of such dividend, as the case may be, notwithstanding
any transfer of any shares on the books of the corporation
after any such record date is fixed as aforesaid.

Section 8. ~rde~ 9-f Busines~ The order of business at
the annual meeting, and so far as is practicable at all other
meetings of the stockholders, shall be as follows:

,-,.

1. Calling of roll,
2. Proof of due notice of meeting,
3. Reading and disposal of any unapproved minutes,
4. Annual reports of officers and committees,
5. Election of directors,
6. Unfinished business,
7. New business,
8. Adjournment