Laserfiche WebLink
mill KNAW&WI MMr, c�r�rw� r ►r���� �i ��i <br />Reoeptl'()' 796593 <br />12/30/2010 03 ;38;48 PM Jean Alberloo <br />g 13 24 Roo Fee:i128. @0 Doo Fee:0.00 GARFIELD G`OUNTY CO <br />law then in effect. The proceedings for dissolution shall be conducted in accordance with Article <br />134, Title 7 of the Colorado Revised Statutes, as the same may be amended. <br />Prohibited Income. : Notwithstanding any other provision hereof, this <br />Income which <br />Corporation shall not conduct or carry on any activities nor permit or receive any <br />is prohibited under the applicable provisions of Section 501 of the Internal Revenue Code as <br />amended. <br />` ARTICLE V. <br />SHAREHOLDERS <br />A. Shareholders. Each person who owns a share of capital stock in the Corporation <br />shall be a shareholder of the Corporation. <br />B. Preemptive Rights. • No shareholder of the Corporation shall have any <br />preemptive or similar right to acquire. or subscribe for any additional unissued or treasury shares <br />of stock, or other securities of any class, or rights, warrants or options to purchase stock or scrip. <br />ARTICLE VI. <br />MEETINGS OF SHAREHOLDERS <br />A. Annual Meeting. The .annual meeting of the shareholders of the Corporation <br />shall be held on the First Monday in March, at such hour and place in or near Carbondale, the Colorado, as the Board shall designate in the notice therefore. If any reason <br />too th first <br />meeting should not be held on such day, it may be held on any Y <br />Monday in March upon giving notice of such meeting as hereinafter provided. The- annual <br />meeting shall be for the purpose of electing - directors for the next ensuing year, the fixing of <br />assessments on the stock of the Corporation, and for the transaction of such other business as <br />may properly come before such meeting. <br />B. Special Meetings : Special meetings of the shareholders may be called at any <br />time by resolution of a majority of the Hoard, or shall be called by the Board at,a written request <br />signed and dated by shareholders representing at least ten percent (10 %) of all the votes entitled <br />to be cast on any issue proposed to be'considered at the meeting, as provided in C.R.S.- §7 -107- <br />102, as the same may be amended from time to time. Such special meeting shall be held in or <br />near Carbondale, Colorado, at the time and place. stated in the notice thereo% and the business of <br />such meeting shall be limited to that set out in such notice. <br />C. Notice of Meetings.. ,Notice of any meetings, annual or special, shall specify the <br />time, place and purpose of the meeting and'shall be delivered, either personally, by mail or by <br />facsimile, to all shareholders. Notice for meetings shall be sent not less than ten (10) and no <br />more than fifty (50) . days prior to such meeting. If mailed, such notice shall be. deemed to be <br />delivered when deposited in the United States mail, postage prepaid, addressed to the <br />shareholder at his address as it appears on the stock transfer books of the Corporation. <br />D. Quorum. At all meetings of shareholders, except as provided in Section G <br />below, fifty percent (50%) of the total votes entitled to vote at such meeting, represented in <br />person or by proxy, shall constitute. a quorum;' and at any such meeting at which a quorum is <br />Page2of16 <br />ZA �� <br />