The mountain Democrat., 1864-01-23
By-LSvS ef the lfG6ASnAs Copper,
Geld and silver IglAAng C0.

BOakd Of Trustees.
AR. 2. On the frat Saturday iu September,
December. March and June Of each year; .
meeting Of the stockholders shall be held, at
which the Trustees Of the corporation and all
other officers Of the company shall be elected,
BY ballOt to serve for three mOntha. Their
term Of Office shall begin Immediately upon
their election, and expire when their successors
are elected.
Arr. 8. If any vacancy shall occur 10 the
Board OF Trustees, the same may be 6lled by
| appointment by the Trustees In Office aud 10
case of the decease, resignation OF Nthsc diAa
bilIty to perform the duties Of Office BY the
President, Secretary or Treasurer of the COM
pany, the Board Of Trustees may temporarily
| bill such vacancy but all Officers so appointed
shall only hold their Office until the first meet.
ing Of the stockholders thereafter, when they
may be elected to fill the unexpired term of Of
| fee.
ART. 4. The Board of Trustees shall have
power: first, TO call meetings of stockholders
when they may deem il necessary, and they
shall call meeting at any time upon the writ
| teu request Of stockholders bolding One-t third
of all the capital stock; second, to remove at
! pScaS9To 1SANeS~sva, aSSNtS OF e~S(NyssA of the
company prescribe the duties Of al officers,
fix their Compensation and require from them
sufficient security TO ensure the faithful per-
foTmance Of their respective duties third, 10
incur such Indebtedness as they may deem me-
| cesSaTy, not TO exceed in the aggregate the
amount OF the assessments slready levied.-
They may also levy such assessments on the
capital stock Of the company and at such times
As they may deem necessary Provided, always,
that no cne assessment shall exceed two dollars
per share Of ten feett fOHrth, TO make all need.
full rules and regulations not Inconsistent with
the laws Of the State of California or the by
laws OF the company for the guidance Of Oti.
GERS and the management Of the affairs of the
corporation.
| Arr. 5. 1t shall be the duty Of the Trustees:
| hrst, to cause to be issued to the stockholders
10 proportion 70 their several interests, certif.
Gates Of stock not TO exceed in the aggregate
! the sum Of one hundred and five thousand dol
lars; second, to cause to be kept q complete
record OF All their official acts, and Of the pro-
ceedlngs OF all meetings Of the stockholders.
/ They shall present q full statement at every
regular meeting Of the Stockholders, show ing
in detail the assets and liabilities of the com.
pany, together with written report Of the
general condition Of its affairs; and like state.
ment shall be presented At any other meeting
Of the stockholders when requested by persons
representing Oue.third or more of the capital
stock OF said company third, TO declare divi-
dends out OF the surplus profits whenever such
profits will pay fifty cents on each share
fourth, TO supervise all officers and see that
their duties are properly performed.
hHr. o. Aue ITeslOeut t0AU PRESIDE at all
meetings Of the stock khOlderS when practicable;
be shall sign all certificates Of stock, contracts
and other instruments Of writing which have
been approx ed by the Board Of Trustees, and
no bill or account shall be paid by the Treasu-
rer unless the same shall have been endorsed,
approved and signed by the President. or in his
absence by the President pro tenn. He shall
have the casting vote at all meetings Of tue
stockholders.
Arr Z. II shall be the duty of the Treasurer
to safely keep oil moneys belonging to the
company, and 10 disburse the same under the
direction Of the Board of Trustees be shall
keep q book in which he shall record all re-
ceiptS and expenditures, and shall report the
same at each regular meeting of the company,
or at such periods AS the Trustees may require.
He shall pay no money except in conformity
with the pr'visions Of article 9Th. Al the ex.
piration Of his term Of office or at any other
time when required by the Board Of Trustees,
he shall deliver all books, papers, money or
other property belonging to the company. to
his successor; and shall give such bonds for the
faithful performance al his duties as may be
required by the Board Of Trustees. II shall
also be his duty to receive aud receipt for all
assessments levied BY the Board of Trustees.
ART. s. Ii shall be the duty Of the Secretary
TO keep record Of all the proceedings OF the
Board 0f Trustees and Of meetings Of the
stockholders; he shall keep the book Of blank
certificates Of stock, I'll up and cOuHtersign the
same, Issue them and make corresponding en;
tries oo the margin Of said book at the time II
issuance; he shall keep q stock book in debit
and credit form, showing the number of shares
issued. To whom, and from whom, with the date
of such issuance or transfer; and he shall per.
form such other duties pertaining to his office
as shall be prescribed by the Board of Trus
tees.
ART. g. The books and papers in the office Of
the Sec etary aud Treasurer, shall at all times
be subject Ia the inspection of the Board Of
Trustees aud Stockholders.
ART. 10. A general superintendent shall be
elected whea Il shall be deemed necessary by
the Board of Trustees; it shall be his duty to
reside at the ni0t', 10 keep safely in his charge
all property Of the company, and generally act
as business agent Of the company IN the super
vision, direction, control and management OF
all matters pertaining to the working Of the
mine as may be directed BY the Board nj Trus
tees; he shall make mouthly reports to the
Board Of Trustees, showing the names Of all
persons employed at the mine, time Of service
and rate Of compensation; he shall also make
monthly statements in writing Of the quantity
aud quality Of ores obtained from the mine,
together with a report of the general condition
OF the NINE, and Of whatever else may seem Of
interest to the CoapaRy.
Arr. II. Neither the President nor Trustees
shall be salaried officers, but may be all0 ~ed a
reasonable compensation while actually en-.
gagged in tran Sacting business fur the Company
ART. IL. No contracts, made BY any officer
OF the Company, other than for work done or
materials furnished, shall be valid, unless pre-
viOusly approved OF subsequently ratified BY
the Board Uf Trustees.
ART. l3. Shares Of the capital stock of the
Company may be transferred at anv time by
the holders thereof or their legal representa-
tiveS, by endorsement Of certificates and sur
render OF the same TO the Secretary; provided
that such transfer shall be valid only as be-
tween the parties thereof until such transfer
shall have been properly entered on the Stock
Books of the Company; and provided, also
that no transfer Of stock shall be valid on
which any assessment is due and unpaid. The
surrendered certificate shall be cancelled BY
the Secretary.
ART. IA. No meeting of the Stockholders
shall be competent to do any business for the
Company, unless as much as one third of the
whole stock shall be represented.
ARr. Is. All special meetings Of the Stock
holders shall be called by posting written no.
tices at Dnncan's Store Kings Store, Yeomet,
and Fairplay. IL no meeting take place in
pursuance Of such notice, similar notice shall
be given, calling meeting on day lobe fixed
Arr ls. AT all Company meetings, each
Shareholder shall be entitled to as many votes
as be holds shares. Representation by proxy
shall be allowed when duly appointed, upon
fling the appointment with the Secretary.
Arr. II. Each Shareholder shall be allowed
thirty DAYS from date of levyIng all assess
ments in which to pay the same. All shares
or parts Of shares upon which payment has
not been made in the time specified, will be- ex
posed for sale at the Office of the Company, in
thirty days from the time limited, and such
person will be considered the highest bidder
who will pay the assessment and expenses in
CURED for the least number of shares.
Arr. lS. When an assessment has been lev
led notice shall be given as provided for spe-
cial meetings, in article 18th, or by publication
in some newspaper in El Dorado County.
ART 10. These BYLAWS NAV ha altered or