Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-02-26

ages occasioned to the corpora
ton by such failure. The records
shall be verified by the signature Of
the person acting as secretary and Of
the chairman of the meeting. No mem
Der Of the board shall vote on a ques-
ton in which he is interested other
wise than as a stockalo older, except the
election of a president or other officer
or employee, or be present at the Board
while the same is being considered;
but if his retirement from the Board
in such case reduce the number pres
n below a quorum, the question may
nevertheless be decided by those who
remain. On any question the names of
those voting each way shall be entered
on the record of their proceedings, if
any member at the time require it.
That section sixty-two of chapter
three of the Code be and the same is
hereby amended and re-enacted SO as
to read as follows:
50. The Board of Directors may,
subject to the provisions of law and
the bylaws, appoint such officers and
agents Of the corporation as they may
deem proper. and also an executive
committee from their own number, and
may prescribe the duties and compen-
sation for services rendered by the
president or any director as such, I'M
less it ne allowed or authorized by the
stockholders. The officers and agents
so appointed shall hold their places
during the pleasure OF the Board, and
if required by the Board or by the
bylaws, shall give bonds payable to
the corporation, in such penalties and
with such conditions and security, as
the Board may approve.
That section sixty-two of chapted
ffty-three Of the Code be and the
same is hereby repealed.
That section nine Of chapter sixty
six Of the Code be and the same is
hereby amended and r~e-enacted SO as
to read as follows:
Married Women.
9. Any married woman may be a
stoc.holder in a corporation, and as
such entitled to vote in person or by
proxy in any stockholders meeting;
and she may also, if duly elected and
otherwise qualified, be a director, trus-
tee or other officer of said corporation.
That section three Of chapter fifty
four Of the Code be and the same is
hereby amended and r~e-enacted so as
to read as follows:
8. But this chapter shall not be
construed to authorize the incorpora-
ton of any church or any religious de-
nomination, or any corporation. the
object of which is to purchase land
and resell the same for profit.
That section five of chapter fifty
four of the Code be and the same Is
hereby repealed.
That section six of chapter fifty-four
of the Code be amended and re-enact-
ed so as to read as follows:
6. Except where otherwise provid-
ed, any number of persons, not fewer
than five, desiring to become a eorpor-
alton for any object or objects de-
signated in the second section shall
sign an agreement in which shall be
set forth:
Name of Corporation.
/. The name Of the corporation,
but no name shall be assumed already
in use 10y another existing corpora
ton of this State, nor SO nearly SINH
lar thereto in the opinion Of the Secre-
tary of State as to lead to confusion or
uncertainty.
III. The location of its principal
place of business and Of its chief
works. stating as to its principal place
of business, the name of the town or
city. and street and number, if number
there be, the county, State, territory
| ny country. ond oc ~ tic nhiaf u-orEc
Gf it have or contemplates having
such), if in this State, the district and
county in which located; and If not in
this State, the State, Territory or coun-
try in which they are or will be locat-
ed.
III. The object or objects for which
the corporation is formed.
". Inc amount of the total au-
thorized capital stock Of the corpora
ton. the number of shares into which
the same is divided, and the par value
of each share, and the amount of such
authorized capital stock paid in; and
if there be more than one class Of stock
created by the agreement, a descrip-
ton of the different classes. with the
terms on which the respective classes
of stock are created.
V. The names and postoffice address
of the incorporators, and the number
Of shares subscribed for by each.
VI. The period limited for the dura-
ton of the corporation.
VII. The agreement may also con-
tain any provisions which the incor-
p~orators may choose to insert for the
regulation of the business and for the
conduct of the affairs OF the corpora
ton, and any provision creating, de-