[Validity of proceedings where notice of meeting is

waived.] The stockholders, when assembled, as provided in the last section [63-1-35 NMSA 1978], may elect officers to fill all vacancies then existing, and may act upon such other business as may lawfully be transacted at regular meetings of the stockholders. History: Laws 1878, ch. 1, ch. [tit.] 3, § 14; C.L. 1884, § 2646; C.L. 1897, § 3828; Code 1915, § 4686; C.S. 1929, § 116-134; 1941 Comp., § 74-138; 1953 Comp., § 69-1-38.