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" Directors of corporations for profit must be holders of .stock therein to an amount to be fixed by the by-laws of the corporation. Directors of all other corporations must be members thereof. Unless a quorum is present and acting no business performed... "
Report on the Building and Loan Associations of the State of California by ... - Halaman 361
oleh California Board of Commissioners of the Building and Loan Associations - 1895
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Revised Laws of the State of California: In Four Codes : Political ..., Volume 2

California, California. Commission to Revise the Laws of California - 1871 - 894 halaman
...citizens of this State. Directors of corporations for profit must bo holders of stock therein in an amount to be fixed by the bylaws of the corporation....members thereof. Unless a quorum is present and acting, uo business performed or act done is valid as against the corporation. Whenever a vacancy vacancies...
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The Civil Code of the State of California: As Enacted in 1872, Amended at ...

California - 1876 - 626 halaman
...citizens of this State. Directors of corporations for profit must be holders of stock therein, in an amount to be fixed by the by-laws of the corporation....done, is valid, as against the corporation. Whenever a vaeancy occurs in the office of director, unless the by-laws of the corporation otherwise provide,...
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Statutes of California Passed at the ... Session of the Legislature

California - 1876 - 154 halaman
...citizens of this State. Directors of corporations for profit must be holders of stock therein in an amount to be fixed by the by-laws of the corporation....business performed or act done is valid as against the corpo ration. Whenever a vacancy occurs in the office of Director, unless the by-laws of the corporation...
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The Civil Code of the State of California: As Enacted in 1872, Amended at ...

California - 1876 - 612 halaman
...citizens of this State. Directors of corporations for profit mnst be holders of stock therein, in an amount to be fixed by the by-laws of the corporation. Directors of all other corporations mnst be members thereof. Unless a quorum is present and acting, no bnsiness performed, or act done,...
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Laws of the State of California Relative to Railroads and Railroad ...

California - 1879 - 308 halaman
...citizens of this State. Directors of corporations for profit must be holders of stock therein in an amount to be fixed by the by-laws of the corporation....occurs in the office of director, unless the by-laws of thecorporation otherwise provide, such vacancy must be filled by an appointee of the Board. (Amendment,...
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The Pacific Reporter, Volume 148

1915 - 1200 halaman
...members of such corporations." It further provides that: "Unless a quorum [a majority of the directors] is present and acting, no business performed or act done is valid as against the corporation." While It Is entirely competent — indeed, often necessary — for the directors to manage and conduct...
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Census Reports Tenth Census. June 1, 1880: United States mining laws ... and ...

United States. Census Office. 10th Census, 1880 - 1885 - 742 halaman
...citizens of this state. Directors of corporations for profit must bo holders of stock therein in an s, spurs, and angles, located within the said two...at the passage of this act, in the actual bonafide bo filled by an appointee of the board. SEC. 306. At the first meeting called, as soon as the by-laws...
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The American State Reports: Containing the Cases of General Value ..., Volume 80

Abraham Clark Freeman - 1901 - 1070 halaman
...competent board for the transaction of any corporate business. Section 305 of the Civil Code declares: "Unless a quorum is present and acting, no business...or act done is valid as against the corporation." The above provision of section 308 must be read in connection with this provision of section 305, and...
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The American State Reports: Containing the Cases of General Value ..., Volume 80

Abraham Clark Freeman - 1901 - 1072 halaman
...board for the transaction of any corporate business. Section 305 of the Civil Code declares: 'TJnless a quorum is present and acting, no business performed...or act done is valid as against the corporation." The above provision of section 308 must be read in connection with this provision of section 305, and...
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Civil code

Idaho - 1901 - 444 halaman
...Unless a majority is present and acting, no business performed or act done by the board of directors is valid as against the corporation: Whenever a vacancy occurs in the office of director, unless otherwise provided by the by-laws, such vacancy must be filled by the board. 1887 RS Sec. 2592, as...
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