The state chronicle. [volume] (Raleigh, N.C.) 1883-1893, 1884-02-16

NORTH CAROLINA,
Wake County. !
The execution of the foregoing Articles
OF Agreement between corpOrators was
this day proven before me- by the oath and
examination Of G. N. Busbee, the sub
scribing witness thereto.
Let the same, with this certificate, be re-
corded az provided by law.
Witness my hand and official SEAL this
3Oth January, 1884.
Charles d. Upchurch, c.. S. c..
BYLAWS.
SECTION /. The regular meetings Of the
stockholders shall be held on the 3Oth Of
January, during each yesr OF the existence
OF the Company, at the office OF the Com
pany in Raleigh, y. G.. But called meet
| ing, at the request OF stockholders repre-
! senting one-tenth of the capital stock, may
| be held, by order Of the President. after
| ten days notice, given by publication in
| some newspaper published in the city Of
| Raleigh, the time aud place to be fixed by
| the President. majority Of the shares
| subscribed for shall constitute quorum
| for the transaction of business. At all
| meetings OF the corporation each stock
! holder shall be entitled to one vote for
| each share of stock held by such stock
| holder. to be given in person or bv such
| person as he or she may appoint as proxy.
! The first meeting of the stockholders un-
| der the charter OF the Company shall be
held forthwith at which meeting the d
| rectors, and the officers whose election by
| the stockholders is provided for in the
| charter shall be elected, and whose term
! Of office shall be for one year from and af-
ter election, and until their SUCCESSORS are
| sors are appointed.
Sep. The corporation shall be governed
| by the President, niue Vice Presidents and
| Board OF Directors consisting of twenty.
! They shall elect from their own mber an
| Executive Committee-of whom the Pres
| ident shall be misunderstanding OF five,
| three of whom shall constitute quorum.
They shall also elect Secretary and Treas
| urer. The President and Vice-Presidents
shall be er-oDfcio members of the Board Of
Directors.
Sec. 5. The regular meetings Of the Board
Of Directors shall be held in the city Of
| Raleigh on the first Wednesday of each
| and every month, but the President may
upon five days notice call a meeting Of the
| Board whenever in his opinion it is to the
interest Of the Company so to do, and at
either regular or called meeting seven
shall constitute a quorum for the transac-
| ction Of business. The Board Of Directors
shall elect a Secretary and Treasurer,
and prescribe their duties and compensa-
ton. They shall also elect such other
officers and agents as they may consid
er necessary, and prescribe their COM
pensation and duties. They shall have
power to prescribe rules and regula-
tions for the government Of said Com
pany, the transfer of the capital stock
thereof, and to alter, amend or add to its
! Bylaws, whenever they may consider the
interests Of the Company would be pro-
noted thereby, unless the stockholders in
special cases shall abridge their powers to
| do so. They shall have power to fill any
and all vacancies occurring in the Board
| OF Directors or among any OF the officers,
! and may require bond, with good security
from any officer for the faithful discharge
Of the duties of his Office. They may also
| prescribe what the common seal OF the
Company shall be.
SEC. t. The Executive Committee shall
audit all accounts presented for payment,
| and possess the power to transact the busi-
ness Of the Company in the absence OF the
Board Of Directors, agreeably to such rules
| and regulations as may from time to time
be adopted by the Board.
SEC. 5. The Secretary and Treasurer
shall keep a record of all meetings, and
such books and accounts as the Board of
Directors may determine the interests OF
, the Company demand The Treasurer
shall deposit the funds Of the Company in
such bank or banks as the Board of Direc-
tors may designate, and no money so de-
posted shall be Withdrawn from said bank
or banks except by check signed by the
l.
dent, and all bills and accounts against the
Company must be approved by the Execu-
tive Committee before being paid by him
What President Primrose Says.
I President Primrose was asked by a
member Of The CHRONICLES staff in
what health the young Exposition is.
Every good L should say. Let me show
, you. Ten counties, some officially and
: others semi officially have sent assurance
, that they will make county exhibits
| Chatham, Pender, Johnston, Mitchell
t Vance, Montgomery, Lenoir, Durham
add Wake.'
''Will any of these counties erect sepa
rate buildings?'
''Most likely. That, however, they have
t not decided, so far as | am informed. But
| should unhcsitatingly commend such &C
: ton to those counties which have CONNER
, cial towns. Attractive county building;
, could be erected at a small cost, and they
/ would add both to the attractvcness and
T to the effectiveness of the Exposition. -
Are any of these counties already max
g ing preparations for the work?''
+ Yes. Some of them have appointed
e , committees to collect the exhibits and to
sec that special crops are planted to be al
/ the proper stage Of maturity at the time
: ''In answer to inquiries that have beer
q made shall send out q sheet OF Hints
how to Make County Exhibits But this
r system OF county exhibits which has sc
n happily commended itself to the people:
thoughts will OF course, in no way con
c f1ict with exhibits made by private person:
: or by cOrpOratiOns.''
;, ''What about canvassing for exhibits ?
:. Arrangements making for the i'm
y mediate canvass Of certain Eastern cOun