South Dakota Codified Laws
Chapter 30 - Telephone And Telegraph Corporations
Section 49-30-14 - Voting for directors--Filling vacancies.

49-30-14. Voting for directors--Filling vacancies.
In the election of directors each stockholder shall be entitled to one vote, either in person or by proxy, for every share of stock owned by him for thirty days next preceding such election. Vacancies shall be filled in the manner prescribed in the bylaws. Inspectors of the first election of directors shall be appointed by the board of directors named in the articles of incorporation, and thereafter as provided by the bylaws.

Source: SDC 1939, §52.1305; SL 1943, ch 178; SL 1955, ch 227, §1.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 49 - Public Utilities and Carriers

Chapter 30 - Telephone And Telegraph Corporations

Section 49-30-1 - Organization of company--Articles of incorporation--Contents of articles--Subscription by incorporators.

Section 49-30-2 - Affidavit of directors--Contents of affidavit--Filing with secretary of state.

Section 49-30-3 - Certificate of incorporation--Name of corporation--Powers.

Section 49-30-4 - Powers of corporation--Survey for proposed pole line--Entry upon property.

Section 49-30-5 - Powers of corporation--Holding property for accessory facilities.

Section 49-30-6 - Powers of corporation--Purchase of real property for lines--Disposition of property.

Section 49-30-7 - Powers of corporation--Construction along waters and highways.

Section 49-30-8 - Powers of corporation--Connection with preexisting lines--Expense of connection.

Section 49-30-9 - Powers of corporation--Transmission of messages.

Section 49-30-10 - Powers of corporation--Accessory facilities.

Section 49-30-11 - Powers of corporation--Rules and regulations for transmission of messages.

Section 49-30-12 - Powers of corporation--Condemnation of real property.

Section 49-30-13 - Board of directors--Election--Terms of office--Director as stockholder.

Section 49-30-14 - Voting for directors--Filling vacancies.

Section 49-30-15 - Meeting for election of directors--Notice of meeting--Waiver of notice.

Section 49-30-16 - Rural telephone companies--Inability to procure majority of stockholders at meeting--Powers of stockholders attending--Binding effect of actions taken.

Section 49-30-17 - Notice to stockholders--Notice by mail.

Section 49-30-18 - Exhibition of corporate books and records.

Section 49-30-19 - Officers of corporation--Appointment by directors.

Section 49-30-20 - Subscriptions for capital stock.

Section 49-30-21 - Failure to pay for stock--Collection by directors--Forfeiture of previous payments.

Section 49-30-22 - Increasing capital stock--Two-thirds vote required--Notice of meeting--Effective date of increase.

Section 49-30-23 - Transfer of stock--Stock deemed personal property.

Section 49-30-24 - Liability of stockholders--Stock held by fiduciary or as collateral security.

Section 49-30-25 - Meetings by teleconference.