SPECIAL MEETING OF THE STOCKHOLDERS OF THE PACIFIC S. D. A. PUBLISHING ASSOCIATION.
By Editor
A SPECIAL meeting of the stockholders of the Pacific S. D. A. Publishing Association will be held on Monday, the 25th day of April, 1887, at 9 o'clock, A. M., for the purpose of considering and making the following amendments to the By-laws of the Association:— ARTICLE 2, Section 1. Instead of, "The business affairs of this Corporation shall be managed by a Board of five Directors, as provided in the Articles of Incorporation, a majority of whom must be citizens of this State," read "The business affairs of this Corporation shall be managed by a Board of seven Directors, as provided for by law, a majority of whom must be citizens of this State." ART. 2, Sec. 10. Instead of, "The Directors must cause a record to be kept by the Secretary, of all their doings in the meetings of their Board. Such record must contain also a copy of the notice of the said meetings, stating at whose instigation the meeting was called, who attended it, and how each Director voted on all matters acted upon in the meeting," read, "The Directors must cause a record to be kept by the Secretary of all their doings in the meetings of their Board. Such record must state the call for said meetings, the attendance thereat, and how each Director voted on all matters acted upon." ART. 3, Sec. 3. Now reading, "The duties of the President and of the Treasurer shall be such as usually pertain to those offices, and such as may be designated under other Articles of these By-laws," shall be amended by adding thereto the following words: "And in the absence of the President his duties shall devolve upon, and be performed by the Vice-president, who shall have full power to act in his stead." ART. 5, Sec. 1. Instead of, "Any person who keeps the commandments of God and the faith of Jesus Christ may become a shareholder in this Association on the payment of Ten Dollars ($10) U. S. coin into the Treasury, and each person may hold as many shares as he or she shall thus purchase, and for each and every share held by such persons, they shall be entitled to one vote in all matters acted upon in the meetings of the stockholders of this Association," read, "Any person who keeps the commandments of God and the faith of Jesus Christ, may become a shareholder in this Association on the payment of Ten Dollars ($10) U. S. coin into the Treasury for each share of stock purchased; provided, that no one person shall hold more than one-fourth of the entire capital stock of this Association, and each share so held shall entitle the holder thereof to one vote in all matters acted upon in the meetings of the stockholders of this Association." ART. 9, Sec. 1. Instead of, "All elections must be by ballot, and a majority of the subscribed Capital Stock represented at the meeting is necessary to a choice. All other voting may be done as the President may direct, provided that each member shall be entitled to as many votes as he has shares in the Corporation," read, "All elections must be by ballot, and a majority of the subscribed Capital Stock represented at the meeting is necessary to a choice. All other voting may be done as the President may direct." ART. 11, Sec. 1. Instead of, "These By-laws may be amended at a special meeting of the stockholders called by the Directors for that purpose, specifying in order the proposed amendments, and a two-thirds vote of all the subscribed Capital Stock is necessary to change a By-law," read, "These By-laws may be amended or repealed at any regular annual meeting of this Association, or at a special meeting of the stockholders called by the Directors for that purpose, provided that due notice of such proposed amendment or alteration has been given as required by law, and that a two-thirds vote of all the subscribed Capital Stock is necessary to change these By-laws." ART. 11, Sec. 2. To omit this section entirely. A proposition will also be submitted to the stockholders at said meeting to increase the Capital Stock of this Association from the sum of $28,000 to the sum of $200,000 for the purpose of increasing and benefiting the business of said Association. By order of the President. S. C. STICKNEY, Secretary.