Delaware gazette. [volume] (Delaware, Ohio) 1855-1886, 1859-06-17

with this act. which govern indiriddsis ID such employs
Sec. S. 2hs anaa.I meeting of the stock holder, . E
sHeh eomPenys~eGaAIAhA6SSEalsettou of directors, sha I
So held al E6eh Etrms as ths directors may e.escribe,a
yhisa ":sgas sss e. IN. fssss |. q. sss@Psny, .h.lls
sIockh6lders nfSS1st6Instss ssry and proper; md shsuI
they fail TO elect dneetoYs nj the annual qmeeIinR, thew
shall hold a spseia! meeting at some subseqUent time
for that purpose. ~by'effing thirty days notice thereof ia.
same newspaper ia general cireuiation i'm the county
The direction. shall hold heir office until then. sueoss
sOrs are chosen antrquaa ked9 and shall have pow r to III
rector after csasing to be a sso, ksoIder. Immedisss+s
sitter the efectioROf directors, they, shall elect one of
their number president Of the eorporaiieni and may Sp-
point sucr other ofieeEs and SCENTS as-theY NAV deem
prorerto transact theiI business, and NAV pre- scribe the
aLnonht oil CON Peuaati0n1 10 be allowed for ibeir seFyi-
ces; anG such orhcers-ard agents, .wge en- T-quiredby the
by Jaws. rules and regulations, shall give bond to the
satisfaction Of the directors for rhe faithful discharge OF
the trtist COMMITTEES, lo-iiien. said directors shnl II havs
power aud are hereby authorized to make such rules,
reshtarfoni not Inconsistent with The constitution and
laws OF Ihis nste; t6tS sh ,th4iaNe general Management
of the affairs 81 fhe conPany, ard may dispose of the
residue OF all capt. \ stock al ur, irne TeH:intn. unsul,-
scribed, in such manner as the Stockholders for The tins
beIng may prescribe, a"d shall employ the capital and
mt ans oil the company rs they shall d' EN- hest iOI carry
rig on the business tor WHICH II m.s organized, subject
always to the coutrof OF the stockholders thew shah
cause a TcceJd to be kept 81 all stock subscribed or
books aud records sha : at al Reasonable lime be open,
cd TO he inspection OF any hnd evest sIorkholder; Ibsy
shah also, when required p est nj 10 HE siocbholdera re
ports m wIItlng Of the situation ami amount OF business
OF the company, and declare and make such iivIdenus
Of the profits OF the company, not Tedhc' NJ The capital
stock while they rare Outstanding liabilities, as they
shall deem eNPedient
Sec. 3. The peisSnS named in said certificate Of in
corporation. 0r i majority OF them, stall be commission
es to open books toI subscription q" tie capital stock of
said cumPHnt, AT such times and places : they shall
Geem proper, and said company are authorized tn com
mrnce operations upon the subscription OF eighty per
cent Of said stock. An Ihstalimenl Of thirty per cent.
on each share of stock shah be made IN cash al The time
OF ma ing The subscIifliCE. aEd the residue thereof shall
lie paid in such instaiimenis al such Imes and places.
and TO sneh persons AS may be reeFnred by the directors
OF such company. II any person Of persons subscribing
to the capital STOCK o. aneh company shall fail TO make
Of such ~ubscrIpiIon, or any patr thereof, at ihe
or lines prescribed by the directors ne sald COM
pany shall have To proceed by snit TO collect the same
IN any coui OF competent juTisdSe rea.
Eee.7. Each Itvckhchier shall he ind7s fih sffy Feb g
all the de5ts q TIE company in an amohnt eQnafio
The amount OF his subscription thereon IN addition
sec. =. Tins act shall be IN force from and after it's
WII.IIAM d. q
Speaker of the House OF Representatives.
MA Rim EN-, !
President OF The Senate.
April 2, 1859.