Daily capital journal. (Salem, Oregon) 1903-1919, 1906-02-07
DUTIES or OFFICERS.
Article 2. Section I.

1.-The directors and executive commi,
teo. He shall perform such duties a.
usually pertain TO such onice, anc
such a. shall deyolvs upon him by
lJIrection Of the board Of directors OF
executive committed.
Article 2, Section 2.
Vice President
The vice president shall In th,
leyont OF the death. removal or ab
seuce OF the prcsldopt act In hl,
stead. performing an toe duties usu
ally pertaining to the once.
Article 2. Section 3.
Secretary.
Toe secretary shall be the general
superintendent Of the affairs Of the
company under the supervision OF the
executive committee. Il shall be- his
Iduilos as SUCH l. To take charge of
/ all the property belonging to the com
pany ani TO control and direct an Ia.
Dor and business pertaining 20 the
interests. objects and operations Of
tho company. buf entirely subject 10
The direction and control OF the exec
uuyo committee g. To make re-
turns of all persons hired or employed
Ia any way by the company. togo,a.
or with a statement OF all cxpondl
lures incurred In the business OF the
company, with the necessary yuueh
cra and rvpsrt the general conditions
Of the company its property ana bus
incsa whenever required ty the exec
utiyo committee. 8 To make ro
Qulsitlon upon the executive commit
tee for the necessary funds and sup
piles for carrying on the business OF
the company which shall be expended
by him under tho direction OF the en-.
ccutiyo committee a. hereInbefore
provided, But he shall not have the
power 20 sign notes or contracts for
the company nor 20 Incur any In,
iebiednoss unless especially author
ifed and directed by lhe board OF
directors
Tho secretary shall attend 20 all
meetings of the stockholders and
board OF directors. aud executive
committee and shall kecp an recorde
and reports and shall perform such
other duties as may be- designated by
the board Of directors. furnishing am,
ple bond AZ his duties may demand.
Article P Section 4.
Treasure.
The treasurer shall receive an mon.
cys turned over 90 him by fhe secre.
ArF properly reesIpliug for same
ant soaI pas out these mud, only ON
warrant property s.gned by ,he presi
dent He shall keep the funds OF the
company boz a bank 90 be- Igsignated
by Ihe executive committee aud shan
hv prepared at an times to report
fully amounts ou hand. or condition
.oi NE huances. lle shall furmsh
amr., bond as his duties may demand.
Article 8. Section 6
Dividends.
II auy. shall Dee declared al The END
.oi The nsca. year Nhioh ,ommsnces
June D 1905. aud annually thereaf
ler ouehau the net earnings shall
D. apportioned among TIE stockhold.
rgs. 'he remainder being sen aside as
working capital Tor a period OF ave
'eaTs unless Otherwise provided by a
'hneeiourths vote of the stock Al.
any annual meeting
The committee ON orraniration
recommended The following names for,
board OF directors Wm Zosel n
W, saNage, s p Kimbau. 1. X Pare
Geo W Weeks. C. A. Il. Usher II
j. Clark Noah WelCh, Frank c Fer.
gus0n.
A. meeting ot The hoard OF direct.
orr held last evening he forloWiue
ofhcers we've elected:
fresident. s. p. Kimbau
Wee President G. W. Weeks
Secretary, Prank c. Ferguson.
Treasurer l. X. Page
hAecuuye Committee p kim.
bal g. " Weeks. and @ A. nj
Fisher
After the eleotion 0. hese omcer
ne various propositions for eannery
ates we're submitted:
TIE hoard of directors was sutAoN
'ed to nes0'iats sOr a eAnlsry ate