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2 . MEMBERSHIP MEETPIIVGS . <br />The annual meeting of the members of the Company shall be <br />helda:)n Monday, March 21, 1949, and annually thereafter at such time <br />and place at or near Bedrock, Colorado, as may be designated in the <br />notice of said meeting. Notice of said meeting shall be given as <br />required by the laws of the State of Colorado, such meeting of the <br />membership of the company may be held on each notice as is required <br />by laws of the State of Colorado. <br />3- DIRECTORS' MI=NGS . <br />Annual meetings of the Board of Directors l be held at <br />the same place and immediately after the annual membership meeting of <br />said Company, and no notice of such annual meeting of Directors she" <br />be required to be given. <br />Special meetings of the Directors may be held on call of <br />the President or any two Directors on giving to each Director at least <br />two (2) days' notice of the time and place- thereof, and on consent of <br />all Directors, such special meeting may be called and held forthwith <br />and without notice. A Board quorum shall be not less than four members. <br />4. Ammmues. <br />These By -laws may be amended at any regular annual meeting <br />of the stockholders or any-special meeting of the stockholders called <br />for that purpose. Notice of stockholders' meeting shall be seat to <br />each stockholder by mail twenty days before said meeting to last known <br />address. <br />