Butte semi-weekly miner. [volume] (Butte, Mont.) 1886-1890, 1889-12-25

sentod by proxy.
,d Following are the bylaws passed for tb
n government Of the association.
,e Bylaws of h Mineral Land Associatio
Of Montana.
leI Dha ARfIcEE FIRsT-oFFicrRs. s1gR ~
ell Section 1. The officers oil. this compan,
shan bsa president. lvice-president, secre
tary, treasurer and an executive commit
tee OF five. The corporate power shall b,
vested in q board Of nine trustees.
III Ssc. Q. The board OF trustees shall. b,
elected 40 provided by law at the annual
meeting Of the stockholders. The trustees
shall serve for one year from and after the
9 third d '.nday of.March, 1889, and, until
their successors are elected and qualified.
Sec. 8. No person shall be eligible for
/, election as Q member OF the board OF
trustees unless heis bona 3ds~ stockhoider
OF the association.
Sec. 4. A majority oil. the. board Of
trustees shall constitute a quorum for the
transaction OF business. but in the absence
OF q majority, a minority shall have power
to adjourn such meeting, regular or special,
and a majority OF the executive committee
shall constitute a quorum with the same
powers as the board OF trustees, as above.
Sec. 8. The president and vice.president
shall be elected by the board Of trustees
from among their number. and shall hold
office for one year from and after the third
Monday Of March, or until his successor il
elected and qualified. unless sooner re.
moved by death, resignation or q vote OF
two.thirds OF the board OF trustees.
Sec. g.. The secretary and treasurer shall
be chosen by the board OF trustees on the
third Monday Of March for a period Of one
year. or until their successors are elected
and qualified. AKA. y
ARTICLE sEcoND.-rRUsTEEs AND EXECUTIVE
COMMITTEE.
Section /. Regular meetings OF the board
OF trustees shall be held on the third Mon
day Of March, June, September and Dscem.
Der at the Office Of the company in the
City OF Helena. ""2fa51i
Sec. 2. Special meetings of the board Of
trustees or their executive COMMITTEES may
be called at my time by the president or :
secretary. by giving ten days notice to
each member; or any two members. Of the
board may cali such a meeting, or a meet
ing may be held il all the members are I
present and copsant either by themselves J
or proxy.
Sec. 3. It shall be the duty OF the board
OF trustees or their executive committee to-
exercise o general supervision over the d
affairs OF the company, their officers and 6
employees; direct the work to be done in q
and to report at meetings Of the G
stockholders the condition Of the affairs OF a
he company in detail. IG
Sec. 4. They shall have power to call meet b
ngs Of stockholders; to appoint or remove a
,r suspend all officers, agents or employees 1
II the company, and fix their compensat <
ion; to make all rules and and regulations v
or the governing OF the association. Q
ARTICLE THREE.-PREsIDENT. lii
The president shall be subject at all times n
the direction OF the board of trustees :,
" their executive committee; be shall, G,
tben present, preside at all meetings a
the board Of trustees; he
hall sign as president, all
Of stock, contracts, and all in
truments which have been approved by p
he board OF trustees or their executive "
ommittee. and all warrants drawn upon IL
treasurer. 81
ApHrCr N "
The vice-president shall, in tine absence Of b,
he president. preside at all meetings; in :.
act, attend to all and every duty Of the 81
resident, as set forth in Article IL Of IL
hese bylaws. - Ii
ARTICLE FIFrH-FREAsURER.
It shall be the duty OF the treasurer TO-
eceiye all moneys and funds of the com. RI
any: to keep the same in som sale place, p'
nd disburss the same as he may be di. 81
scted by the board of trustees or their ex- la
,utive committee. He shall keep full and m 4,
orrect books OF account, which shall at N
times be open to the inspection Of any m
OF the company or member OF the nc
GARD OF trustees, their executive commit h%se
70 or any stakeholder, and shall make a
sport at each regular meeting Of board OF
or at any time they may require. =
ARTICLE SUPPLEMENTARY. Of
1t shall be the duty Of the secretary to Sw
cop full and accurate minutes OF the pro.
Of tie stockholders, the board Of IN
and their executive committee; be L.
,all keep the book Of blank certificates Of
Jock; fill up and countersign all certif. ha
ties issued; he shall keep q transfer book on Ts
,owing the number OF shares issued to !
nd transferred by any stockholder, with oil,
,e date OF such issue and transfer; he shall tic
On all warrants and discharge such other Js
mites as may be required OF him.
ARTICLE sEvENTH-vAcANCIEs. No
Any vacancy occurring in the board OF sic
officers OF the company, sr the IA
committee, shall be filed by ap- %
ointment made by the remaining trustees i.
r their executive committee. ns
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