245.035. Time of corporate existence may be extended.

MISSOURI STATUTES AND CODES

245.035. Time of corporate existence may be extended.

Time of corporate existence may be extended.

245.035. Whenever the board of supervisors of any districtorganized under sections 245.010 to 245.280 or any previousenactment of the general assembly of the state of Missouriproviding for the organization of levee districts by the circuitcourts, finds that the time for which such districts has beenincorporated should be extended in order to raise funds tocomplete "the plan for reclamation", pay for works alreadycompleted, pay bonds outstanding and interest thereon, orinterest on the same, restore any works or construct new works,such board shall call a meeting of landowners of the district inthe same manner as is provided for in section 245.060; the noticeshall state the time, place and purpose of such meeting, and thatif the majority of acres and mileage as herein providedrepresented at said meeting be cast in favor of such extension ofthe district's corporate existence a petition will be presentedto the court organizing the district, asking for such extensionof time. Such meeting shall be conducted in the same manner asis provided in section 245.060 for the election of supervisors,except that one member of the board of supervisors shall act aschairman of such meeting and the secretary of the board or hisdeputy shall act as clerk; and if a majority of the acreagerepresented at such meeting shall vote in favor of such extensionthe board of supervisors shall within forty-five days before thenext term of the circuit court file a petition with the clerk ofsaid court praying for the extension of the corporate existenceof the district, and after the filing of such petition the sameproceedings shall be had as is provided for in sections 245.020and 245.025 relating to articles of association and incorporationof the district. If such petition be granted by the court,within twenty days thereafter the circuit clerk shall transmit acopy of the decree to the secretary of the board of supervisors,who shall transmit a copy of the same to the secretary of stateand to the recorder of deeds of each county having land or otherproperty in the district, who shall file and preserve the same inhis office, and for such service he shall receive a fee of onedollar. In case the court shall find that such extensions shouldnot be allowed, said petition shall be dismissed and the costincurred in the case be paid by the district.