The Mineral argus., 1884-05-15

Aifli RNAAfA III ENlNli OAAAEt
duties as may be required hy the laws
Of the territory, the board of trustees
ana the bylaws of the company, and
he shall receive such salary as the
board OF trustees may fix and allow.
ARTICLE VI.
Section l. Regular meetings of the
board of trustees shall be held at the
ottlce OF the company, on the 10th day
OF each and every month. When this
fails ON ii legal holiday, ON the next sue
ceeding day that is not Il legal holiday.
Sec. 2. Special meetings Of the board
may be held at any time ON notice of
two days, by mail or personal service
to each member of said board, stating
the time, place and objects of meeting,
to be given by the President or by the
Secretary, at the request of any two
members of the board, and no business
except that so stated can be acted on
at such meeting.
Sec. 3. They shall exercise a general
supervision over the affairs of the COM
pany, receive and pass upon the re-
ports of the Secretary, Treasurer and
superintendent, declare dividends.
audit all bills and accounts against the
company, and direct the Secretary in
correspondence. They shall have
power to delegate from time to time
such authority as they deem necessary
to the officers or agents of the company
or to any one or more members acting
as "a committee. They may appoint a
managing director, or such other agent
as they may deem necessary, define
their respective duties, fix their COM
pensation, and remove or SUSPEND
them for sufficient cause; except f
the removal of the President and the
amendment of the bylaws, in either
case a majority.
Sec. 4. -Four of the trustees shall
a quorum of the board at
any reg lar or special meeting, hut in
the absence of the majority of the
board the minority shall have power to
such meeting, regular or
special. In case of meetings held for
the amendment Of the bylaws, or the
removal of the President, Il majority
of the trustees elected shall be neces-
to constitute IL quorum.
Sec. D. Neither the President nor any
officer or agent of this company |
shall have power to contract any debt
Or incur any liability without the au-
of the board of trustees.
ARTICLE vi.
Section 1. In case of a vacancy oc-
from any cause in the board of
trustees the same may be filled by
appointment made by a majority of
The trustees in office.
Sec. 2. The trustees and each and
Every officer of the company, shall
lold office until their or his successor
hall have been elected or appointed
md have qualified, but nothing in this
shall be SO construed as to pre-
1ent the removal of any officer as
nereinbefore provided.
ARTICLE VII.
Section I. The capital stock of this
company shall be represented by GER
.icates signed by the president and
.ecretary.
ARTICLE VIII.
Section I. The corporate seal shall
year upon itsfICe with n a Giro e re co
'orate name of the company and date
# Incorporation.
ARTICLE TX.
Section I. The stock books of the
ompany shall be closed for ten DAYS
to any election of trustees or
he date of payment of a dividend and
list of stockholders prepaiied at
hat time shall designate who shall vote
r receive dividends.
ART Gle X.
Section. l.. The annual meeting of
he stockholders for the election of
-ustees of this company shall be held
! the city of Ma den on the ......
of August, 1884, and yearly there
fter. Ten days notice shall be given
f the time and place of holding such
leeting, by the secretary, by public
advertisement in one or more daily
r weekly papers published in the city
f Maiden, and by notice sent by mail
each stockho der at his residence, as
may appear on the books of the
ompany. A majority of the stock
present either in person OF by
ttorney, shall constitute a quorum.
Sec. ?. At such election each stock
shall be entitled to cast one vote !
n each share standing in his name as
lall appear by stock list 1t the time
f closing the books. No person
lall vote as proxy unless he shall pro- /
uce and deliver to the secretary a
ritten authority so to do, signed by
le stockhoider whom he represents. l
Sec , The nnllc chnu h nnnn u