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" A majority of the board of directors shall constitute a quorum, and no director shall vote by proxy. "
Farm Organizations - Halaman 87
oleh United States. Congress. House. Committee on Banking and Currency - 1921 - 184 halaman
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Acts and Resolutions of the General Assembly of the State of Florida

Florida - 1868 - 272 halaman
...governing and ordering the affairs of the company as to them shall appear conducive to their interests. A majority of the board of directors shall constitute a quorum, and, until an election shall be held, the persons named in the first section of this act shall constitute...
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Acts Passed by the General Assembly of Georgia

Georgia - 1880 - 476 halaman
...mode of tori cm™. transfer of stock certificates, as well as payment of interest and dividends, that a majority of the Board of Directors shall constitute a quorum, and that said President and Directors shall also of have power to pass all such by-laws as may be necessary...
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Proceedings of the Annual Session of the Bar Association of Tennessee

Tennessee Bar Association - 1927 - 536 halaman
...disbursements shall be copied on the minutes, subject at all times to the inspection of any stockholder. A majority of the Board of Directors shall constitute a quorum and may fill all vacancies until the next election. The first Board of Directors shall consist of the five...
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Acts of the State of Tennessee Passed at the General Assembly

Tennessee - 1887 - 540 halaman
...continue to exist for the purpose of winding up its affairs, but not to enter upon any new business. A majority of the Board of Directors shall constitute a quorum, and shall fill all vacancies until the next election. If the amendments or modifications being fundamental,...
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The Code of Tennessee, Being a Compilation of the Statute Laws of the State ...

Tennessee, W. A. Milliken, John J. Vertrees - 1893 - 356 halaman
...Provided, That the claims of all creditors are to be paid in preference to said withdrawing stockholders. A majority of the board of directors shall constitute a quorum, and shall fill all vacancies until the next election. The first board of directors shall consist of the...
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American Bankruptcy Reports: Reporting the Decisions and Opinions ..., Volume 8

1927 - 1070 halaman
...majority of the votes each year, and shall keep a full and true record of all their proceedings. * * * A majority of the board of directors shall constitute a quorum and shall fill all vacancies until the next election." The first board of directors shall consist of five...
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The Organization and Management of a Business Corporation: With Special ...

Thomas Conyngton - 1900 - 214 halaman
...considered at any such special meeting than shall have been so notified to the members. Sec. 9.— Quorum. A majority of the Board of Directors shall constitute a quorum, and a majority vote of the members present at any Board meeting shall decide its action. A minority of...
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A Manual of Corporate Organization: Containing Information, Directions and ...

Thomas Conyngton - 1904 - 362 halaman
...notice of any regular meeting shall invalidate the same or any proceeding thereat. SEC. 7. Quorum. A majority of the Board of Directors shall constitute a quorum, and a majority of the members in attendance at any Board meeting shall, in the presence of a quorum, decide...
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Acts of the State of Tennessee Passed by the General Assembly

Tennessee - 1905 - 1478 halaman
...disbursements shall be copied on the minutes, subject at all times to the inspection of stockholders. 5. A majority of the Board of Directors shall constitute a quorum, and shall fill all vacant places until the next election. The first Board of Directors shall consist of...
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Reports of Decisions of the Court of Chancery Appeals of Tennessee, Volume 2

Tennessee. Court of Chancery Appeals - 1905 - 826 halaman
...disbursements shall be copied on the minutes, subject at all times to the inspection of any stockholder. A majority of the board of directors shall constitute a quorum, and shall fill all vacancies until the next election. The first board of directors shall consist of the...
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