(805 ILCS 30/6) (from Ch. 32, par. 404)
Sec. 6.
At any such annual or special meeting, stockholders may vote in
person or by proxy, each stockholder being entitled to one vote for each
share of stock held by him, and at such meeting there shall be submitted
the proposed agreement or agreements. Votes representing two-thirds of all
the outstanding capital stock of each company shall be necessary for the
ratification of such agreement or agreements, if there be represented and
is voted at such meeting, in person, or by proxy, not less than two-thirds
of such outstanding capital stock. If less than two-thirds of such capital
stock be represented and voted at such meeting, and if there be presented
at such meeting the acknowledgments in writing of the receipt of notice of
such meeting, from the owners of stock not represented and voted, to such
an amount as would make not less than two-thirds of such outstanding
capital stock, when added to the stock represented and voted, then such
agreement or agreements may be ratified by the vote of two-thirds of the
capital stock represented and voted at such meeting.
(Source: Laws 1897, p. 177.)
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