Lower coast gazette., 1914-06-13

be elected, unless sns same snouio ."
a holiday, when The election shall be
held on the next legal day thereafter.
Notice Of such election shall We Civ
en- only to stockholders by 1t least
ten (1o) days continuous publication
Immediately preceding such election
in n Of the daily English news.
papers of this city; and the board OF
directors shall appoint one or moro
stockholders to preside at such elec-
ton rs commissioners. In the event
Of the failure Of any commissioner or
commissioners to attend, the president
shall. By appointment, AL the Va
cancy. Any failure from any cause
! whatever to elect directors the day
named for that purpose shall not dis.
solve the corporation; but the diree'
tors then in ONCE, as we'll as tho OH.
GERS Of said company, shall hold over
until their successors are chosen.
In such event the President shall
cause another election to be held with.
in thirty days, and shall give notice
thereof as hereinbefore provided.
At every election and meeting each
~stockholder shall be entitled to vote
for each share Of stock registered in
his name, and may vote by proxy.
The election Of directors shall be
by ballot, and the majority in amount
Of votes cast, each share Of stock
voted upon to be counted for one vote.
shall elect the person or persons for
whom they have been cast.
After each election the board Of d.
rectors shall elect from their own
number the officers Of said company.
ARTICLE v.
The board OF directors shah have the
full power to fill vacancies in their
number. caused by death. resignation
or otherwise, from among the stock
holders Of the corporation.
The said board shall have full con.
troll Of the property Of this company,
and shall 80 conduct, manage and
use the same as in their discretion
they deem fit, and that is consistent
with the objects Of, this company or
the welfare Of the same.
The said board is further authorized
to frame and adopt such bylaws,
rules and regulations as the affairs
and business Of the corporation may
require, and Is it may deem necessary
for the conducting and management
Thereof; provided, the same shall not
conflict with this charter or with the
laws Of the State or the United States.
The said board shall elect or APP
point q secretary and such other Off.
GERS, agents, employees, servants and
clerks as it may deem necessary for
the conducting Of the business Of the
corporation, term Of service, with the
right to dismiss them ct said boards
pleasure.
ARTICLE vi.
This charter may BE- 20 changed,
modified or amended, the capital
stock increased Or decreased, OF this
corporation may dissolve at q general
meeting Of the staeaholdars convened
Tor the purpose with the assent 81
th~ree-fourths Of the entire capital
stock, whether present Of. represented
At such meeting. /.
Ten days prior notice Of such
meeting shall be given in any daily
English newspaper published in the
city.
IN case Of dissolution or termina.
ton Of this corporation, either by
limitation Of its charter or from any
cause, the liquidation Of its affairs
shall be conducted byStwo commission
err selected from the stockholders,
with like assent and at q meeting
Il "a
called tor that purpose. as above SET
forth IN this srticls.
Said commissioners shall remain n
office until the affairs. Of said cor
porations shall have bsen fully liqui
dated. In case Of tie death Of ON
OF more Of said commissioners thu
nrvivof Or survivors shall eoptinue
TO act.
ARTICLE VII.
tn Aoldsfs q III Or any part d
the shares Of the capital stock Of thil
corporation shall have the right from
tims 70 time At their. discretion Il
create and form . voting trust
ARTICLE VIII.
No stoekholder 81 this corporation
shall ever 81 held liable or responsible,
for the contracts Of faults thereof !!
any further sum than the unpaid bal
} aAca due IN rnmnany IN TN ahafa,