The Charlotte journal. [volume] (Charlotte, N.C.) 1835-1851, 1847-09-16

ne Nhics bcAng CUuNleui ~ was luuHu
that the gentlemen recommended IN the
report II Tie committee were duly elect.
ed oilicers Of tie Csmpauy.
The Committee appointed 20 ndopl Bye
Laws cor the government OF The Company
made report. A copy Of which vas sub
United read and adopted as follows
DYE LAWS.
RrLr lsr-The stockholders shat meet
annually on he - Wednesday after the
second Monday n October 10 receive the
report Of he grner1i Board u Directors
and tfan.ac, such other business Of the
Company a. may Le b. ughl before them
al such place within the limits q their
Charter as they at the successive annual
meeuug mas appoint, and "a default Of such
appointment The Baard Of Directors for the
tine beng shall appoint the place Of the
ucxl meeting of the stockholders.
RrLE 2D. Stockholders and their prox.
trs representing hat Of the whole amount
II stock subscribed, shall constitute a quo.
rum 10 transact business, al any general
meeting Of the Company.
RrLr 3u.-Tne President aud Dlrec
tors shall. be elected annually, and continue
"a Office until the next annual meeting al
ter their election and unlil new Presl.
dent and Directors are elected and eater
On lhc duties o( thctr ot,ice,
RuLl i'm la cnse that the annual a.
lection Of Pre,,i al aat Director, SHOULD
pass by v,tbou, any election, the Bnard Of
Directors shall appoint another tune aud
place Tor such election and call general
meeting Of tie Stockholders for that pur.
pose.
Rrlr jru. The Ptesilen, oad ma.
l1fiiN of the Directors shall constitute a
Baatd to transact business.
RUIZ Gru.-The President and ma
l0uty OF the Directors shall an all Na~an.
cles which may occur 10 the Board Of d.
rcctors, and the Directors so appointed
may serve until the next genera meetlag
Of the stockholders.
RrLr I'm In case there should be a
vacancy IN the Presidency before the an.
nuaI meeting of the stockholders, the Board
Of Directors shall proceed to elect Pres
ldepl, who may continue IN office until The
annual meeting aud an election by the
stockholders.
RcLE -ru. The Board of Directors
shall elect the Secretary, Treasurer and
al such other otiicers aud agents as may
be prescribed by The Charter, or are nH.
cc>,ary, who shah receive for their sefyr
CO. -ach Compensation as the Board may
determine. Al receiving and dishuFslng
atheef, shall give bond and security for
the m'uful performance OF thclr duties, IN
such amount as the Board may require.
RrLE 0ru. The Board Of Directors
shall have power to make oil ruloS ncces'
sary for The regulation OF their own meet.
ln.s, business and proceedings, not neon.
,i,.ent with the Charter, or these Bye
Laws, on any resolution Of tho slockhol'
dofs.
Rrlt l0rH.-The Board Of Directors
shall appoint suitable Co.mlssonors at
such places as they deem necessary 10 re.
eelye further subscriptions for stock IN the
company unt ths whole amount ol shares
snail have been taken.
4 RuIr llru.-The money Of the Com
pany NOT otherwise disposed Of shall be de.
posted to the credit Of the Company IN
such bank or banks as the President and
Board OF Directors may designate and
money thus deposited shall be considered
in the Treasury aud in the custody Of the
/ Treasurer.
i RuLE l2rn.-Thc money drawn from
the Treasury shall be drawn under the au.
thorily of an appropriation by the Board
of Directors, aud shall be applied to the
objects of the appropriation under the an'
thorry Of which il is drawn.
RUIZ Money shall be drawn
from the Treasury only by an order, draft
or check, which shall be signed by the
Treasurer and counIerslgned by tho Pres
ident.
RULE l4rm.- The Treasurer shall, be-
lore ,qch annual meeting Of the stockhol'
ders' s"mit to the Board Of Directors a
report OF "a cash transactions and funds
Of the Comp'-v, which report shall be
laid before the stockholders by the Presi'
/ dent.
! Rrrr l5ru.-All >>uchcrs shall con.