Democratic enquirer. [volume] (M'arthur, Vinton County, Ohio) 1867-1873, 1871-12-06

1
Boafd; and have d general SUI
psrtision Of the whole business
affaifs Of the Compstit. He
shall see that persons in the
employment Of the Company
do their duty according to the
Requirements Of the Charter;
the bylaws and Of the Board
of Directors, and shall from
time to time report to the Board
delinqehciea, ifany, in tile Of
ficers and employees, with such
suggestions rs he may deem
essential to promote the best
Interests Of the Company.
8. There shall be a general
Executive and Finance Com
mittee, to consist of the Presi--
dent and two directors to be
appointed by the Board, whose
duty it shall be to examine
monthly, or oftener and re.
port half.yearly; and oftener if
they deem it necessary; to the
Board Of Directors, upon all
disbursements for the Com
pany, and transact such other
business as the interests of the
Company may require between
the sessions Of the Board. This
Committee shall keep record
Of their acts id a book kept
for that purpose, which shall
be laid before the directors at
the meetings ofthe Board. All
bills for expenditures shall be
approved by this Committee
before payment.
10. 1t shall be the duty of
the Treasurer, Who shall be re.
quired to give bond in such
sum as the Board may direct,
with sureties to be approved
! Iby the Board; TO receive and
receipt for the money Of the
Company as deposited, and to
pay out the same on checks
drawn by the Secretary until
the work Of construction shall
have commenced on the road,
after which no money shall be
paid out by the Treasurer ex.
cept on checks signed by the
Secretary and c6untefsigned
by the Chairman of the Execu
tive and Finance Committee.
He shall furnish each Monday
to the Executive and Finance
Committee,
lst. The amount Of money
received the preceding week,
and from what source received.
2nd. The amount disbursed
the preceding week, and for
what paid.
II. An Assistant Treasurer
may be appointed by the direc-
tors to receive, take charge of,
receipt for, and disburse all
funds received from subscrip-
tionS or otherwise provided on
the line of the Road north of
the Marietta and Cincinnati
Railroad, for disbursement on
that part of the Road lying be.
tween the said Marietta and
Cincinnati Railroad and Logan,
the same to be disbufsed in
such manner and at such times
as the directors may direct,
with the approval of the Exec
utive and Finance Committee {;
and such Assistant Treasurer
may be required to give bond
in such sum as the board may
direct, with sureties TO be ap-
proved by the board.
II. The Secretary shall be
required to give bond In such
sum as the board may require,
with sureties to be approved
by the board, conditioned for
the faithful performance Of the
duties of his office, and that he
will fully account for, and pay
over to the Treasurer all mon
eys that he may receive accord
ing to the requirements Of the
Charter and bylaws, and the
orders of the directors, and said
bond shall be renewed, and
new or additional sureties given
if required, at any time the
board of directors may so or
der. He shall collect or cause
to be collected all moneys due
the Company, and shall deposit
them with Che Treasurer as re-