§ 8-4-1-6 — Meetings of shareholders; notice; requisites

Meetings of the stockholders may be called at any
time during the interval between the annual meetings, by the directors
or by the stockholders owning not less than one-fourth (1/4) of the
stock, by giving thirty (30) days public notice of the time and place of
the meetings, in the manner provided in section 5 of this chapter for the
annual meetings; and when any such meeting is called by the
stockholders, the particular object of such meeting shall be stated in
such notice, and if at any such meeting thus called, a majority in value
of the stockholders are not represented in person or by proxy, such
meeting shall be adjourned from day to day, not exceeding three (3)
days, without transacting any business; and if, within said three (3)
days, stockholders having a majority of the stock do not attend such
meeting, then the meeting shall be dissolved.
Formerly: Acts 1852, 1RS, c.83, s.5. As amended by
P.L.62-1984, SEC.35.