17-1517. Same; resolution; notice of meeting of stockholders.
17-1517
17-1517. Same; resolution; notice of meeting of stockholders.
The board of directors of any such telephone company deeming it
advisable to dispose of its property and assets and to dissolve such
company may adopt a resolution to that effect and the secretary of said
company shall cause a notice of the adoption of such resolution to be
inserted in a newspaper published in the county where such company has its
principal place of business once a week for three consecutive weeks next
preceding the time stated in such resolution for a meeting of the
stockholders having voting power in such company stating time and place of
such meeting and that it is for the purpose of authorizing the board of
directors to dispose of all assets and property and to dissolve such
company. Said secretary shall also cause a notice of the adoption of such
resolution to be mailed to the known addresses of each stockholder residing
in the United States.
History: L. 1949, ch. 195, § 2; June 30.