 | North Carolina - 1865 - 234 halaman
...the number of directors of said bank shall be seven 5 and that instead of five, not less than four directors shall constitute a board for the transaction...whom the president shall always be one, except in the case and under the provisions specified in said act. SEC. 2. Be it further enacted^ That this act... | |
 | Wisconsin - 1867 - 596 halaman
...their services unless the same shall have been allowed by the stockholders at a general meeting. Four directors shall constitute a board for the transaction of business, of whom the president shall be one, except in case of necessary absence, when he shall in writing appoint one of the directors... | |
 | Georgia - 1870 - 554 halaman
...five directors shall constitute a quorum for the transaction of business, of whom the president shall be one, except in case of sickness or necessary absence, in which event his place may be supplied by any one of the directors present, to be elected president pro tem,... | |
 | John Pendleton Kennedy - 1872 - 622 halaman
...shall direct ; but the salary of the president shall be fixed by the directors. 4th. Not less than five directors shall constitute a board for the transaction...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... | |
 | Georgia. Supreme Court - 1877 - 764 halaman
...Fundamental articles of the constitution of said corporation: "Section 7, Article 4. Not less than five directors shall constitute a board for the transaction...of sickness or necessary absence, in which case his seat may be supplied by any director appointed by the board of directors present for that purpose.... | |
 | Henry Harrison Metcalf, John Norris McClintock - 1900 - 460 halaman
...votes ; and absent members may vote by proxy, being authorized in writing. Fifth. Not less than three directors shall constitute a board for the transaction of business, of whom the President shall be always one ; except in case of sickness or necessary absence, in which case, the directors present... | |
 | Prince Edward Island - 1881 - 176 halaman
...shall constitute Three Dia board for the transaction of business, of which Actors snaii . form quorum. the president shall always be one, except in case of sickness or necessary absence, in whieh case the directors present may choose one of their board as chairman in his stead, the president... | |
 | 1884 - 1062 halaman
...fundamental articles of the constitution of the corporation are the following: "That not less than seven directors shall constitute a board for the transaction...one, except in case of sickness or necessary absence; " that sixty stockholders, who are proprietors of one thousand shares in the stock, "shall have power... | |
 | 1886 - 834 halaman
...determinations. The only limitation in the charter of this bank is, " that not less than six of the directors shall constitute a board for the transaction...business, of whom the president shall always be one;" and as it does not require that each member of the board shall concur in the performance of any act,... | |
 | 1886 - 910 halaman
...constituted a quorum. Thus in the usual form of bank charters there is a provision that "no less than four directors shall constitute a board for the transaction of business, of whom the president shall be one, except in case of sickness or necessary absence, in which case the directors present may choose... | |
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Not less than seven directors shall constitute a board for the transaction of business, of whom the president shall always be one, except in case of sickness, or necessary absence: in which case his place may be supplied by any other director whom he,... 
