The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-11-09

Resolced, That Committee of Three be
appointed to nominate candidates for Di
rectors for the ensuing year
Inc Committee reported the followins,
gentlemen, who were unanimously elected:
N1 " M 'M0hnston, M, Edward Hope,
Nj. II. Wriston, IT, A. MeetZo
~ ". Johnston, p. Quattlebaum,
L. ID. Childs, Henry Moor
j. G. Gibbes Josiah SibIny
Robert H. Nav, Wm. Il Jaci,,,on
Lhe Committee appointed to draft code
OF bylaws, beg leave to report as follows:
,Rule lst. The stockholders shall assem-
Die annually on tho first Thursday i'm No
vember, to receive the report of the gene
RAJ Board of Directors, and transact such
other business of the company as NAV be
brought before them. In default of such
meeting, tho Board of Directors for the
tlne belngsshall appoint the next place of
meeting.
Rule Cd. Stockholders and their proxies
representing one-half Of the whole amount
OF STOCK subscribed shall constitute a uuo-
rum to transact business
Rule 3d. The President and Directors
shall be elected annually, aud continue in
once until the next annual meeting after
Inelr election; III case the day of annual
election Tor President and Directors shall
pass without any election, the Board of
directors shall appoint another time and
Placo Tor such election, and call q general
meeting OF the stockholders for that pur-
pose. f">
Rule 4th. The President and any five or
more Directors shall constitute n board for
the transaction of business, and in case of
the absence Of the President from sickness
or other cause, six Directors, one of whom
sha4l be appointed to act as President p,.o
te'npore, shall constitute board.
hule 9th. In case of q vacancy in the
once OF President or any Director, from
vol
the same may be filled by amajority of the
remaining members of the board until the
next annual meeting.
Rule 9th. The President NAV apDoint all
such officers and agents as are prescribed
by the charter or may become necessary.
who shall receive for their services such
compensation as he may determine. sub
Ject to the approval of the Board of Dircc
tors; and all receiving and disbursinc
officers shall give bond and security for
the faithful performance of their duties, in
such amount as the board may require.
Rule 9TH. The Board of Directors shall
have power to make all rules necessary for
the regulation of their own meetings. bust
ness and proceedings not inconsistent with
the charter or any resolution of the stock
holders.
Rule Sth. Tho President NAV appoint
commissioners at such places as he NAV
deem necessary, to receive further sub
SCIlptioli loI SIOch Ill the company, until
the whole amount of shares shall be taken.
Rule 9th. The Treasurer shall before
cach annual meeting of the stockholders.
submit to the Board OF Directors report
OF the receipts and disbursements, as we'll
as q general statement OF the financial
affairs of the company.
Rule 10TH The books and accounts OF
the Treasurer shall be ut all times, subject
to the inspection of tho President or a com
mlttoe OF the company, or any member of
the Board of Directors
Rule 1lth. The President and Board of
Directors may at any time call q meeting
OF the stockholders. and designate tho
place of meeting.
Rule 18th. The President and Dire ctors
shall be stockholders i'll the company, and
no person, unless he be a stockholder,
shall be competent to act as proxy in any
general meeting of the stockholders.
Resolred, That tho report of tho Prcsi-
dent and the Directors, together with the
procccoings of this Stockholders Conven-
ton, be published i'll the Columbia and
Augusta papers, and that three hundred
copies OF the entire proceedings be pub
llshed IN pamphlet form for distribution
among the stockholders
Resoloed, That Thos. S. Metcalf. II. II.
May and John Craig he appointed COM
mlttee to examine the Trcasurcr's books
and accounts, and report to the next an
nual meeting Of the stockholders of this
company, to be held in Columbia or Au-
Susta, as the President may designate.
HeSotred, That the thanks of this Con-
vtntion be rendered Jas G. Gibbes. ESQ.
for the use of his hall.
NO further business. the Convcn: ion al
journed. WIN. JOHNSTON, Chairman.
WIN. CRAIG, Secretary