 | Canada - 1841 - 578 halaman
...Directors, excepting the President, shall not be entitled to any emolument for their services ; and that five Directors shall constitute a Board for the transaction of business, of whom the President, or in his absence the Vice President, shall be one, except in case of sickness or absence of both the... | |
 | United States. Congress. House - 1841 - 624 halaman
...president shall be fixed by the directors. 4th. Not less than five directors shall constitute a hoard for the transaction of business, of whom the president shall always be one ; and at least three of the five shall be of the directors elected by the stockholders ; and in case... | |
 | Samuel Hazard - 1841 - 440 halaman
...annual meeting shall direct ; but the salary of the president shall be fixed by the directors. 4th. Not less than five directors shall constitute a board...transaction of business, of whom the president shall 1841.] FISCAL BANK BILL. always be one; and at least three of the five shall be of the directors elected... | |
 | Pennsylvania. Laws, statutes, etc - 1845 - 642 halaman
...who are chosen directors. SECTION 8. Not less than five directors shall constitute a board for Board. the transaction of business, of whom the president shall always be one, Quorum. except in case of sickness or necessary absence, in which case his place may be supplied by... | |
 | Missouri. General Assembly. Senate - 1847 - 836 halaman
...section above referred »o, declares that "not less than five Directors shall constitute a Board f»r the transaction of business, of whom the President shall always be one, except that in case of necessary absence, <fec." It is obvious, that the Directors, cannot constitute a Board... | |
 | Connecticut - 1849 - 212 halaman
...calendar months previous to the time of voting, after the first election. SEC. 6. Not less than three directors shall constitute a board for the transaction...business, of whom the president shall always be one ; but in case of his absence, the senior director present shall preside. No director shall be entitled... | |
 | Florida - 1849 - 148 halaman
...are elected and qualified. SEC. 9. Be it further enacted, That a majority of the directors A majority shall constitute a board for the transaction of business, of whom the of Directors to President shall be one, save in case of sickness or other unavoidable make a board... | |
 | John Ramsay McCulloch - 1852 - 790 halaman
...extraordinary attendance at the bank, as shall appear to them reasonable. Fourth. Not lees than seven directors shall constitute a board for the transaction...of business, of whom the president shall always be on«, except in case of sickness or necessary absence ; In which case his place may be supplied by... | |
 | Tennessee - 1852 - 824 halaman
...nature and kind whatever of said Bank. SEC. 10. Be it enacted, That not less than three di-Q „ rectors shall constitute a board for the transaction of business, of whom the President shall always he one, except in case of sicknesa or necessary absence, in which case a President pro tern, may be... | |
 | Canada - 1856 - 620 halaman
...fixed by any order or resolution passed at the usual Annual Meeting of Shareholders ; and any five shall constitute a Board for the transaction of business, of whom the President or Vrice-Prcsident shall be one, except in case of sickness or absence, in which case the Directors... | |
| |
Not less than five directors shall constitute a board for the transaction of business, of whom the President shall always be one... 
