ballot, as aforesaid, for the ensuing year, twelve
Directors as aforesaid, and the Directors of said
company, or a majority of them, shall have power
to appoint one or more judges of all elections, and
to elect a President as aforesaid, and to allow him
a compensation for his services, if they shall deem
proper, and may fill all vacancies accruing in their
body until the next annual election, and all elec-
tions required by this Act to be made on a par-
ticular day, and not made on that day, may be
made on any other day after thirty days' public
notice thereof, and general meetings of the stock-
holders may be called during the interval between
their stated annual meetings by the President and
Directors, or a majority of them, or by any num-
ber of the stockholders holding one-fourth of the

Proviso.

stock of said company; provided, that public no-
tice of at least thirty days be given of the time
and place of holding such meeting, which said no-
tice shall also state the object of the call.

Oath of Offi-
cers.

Sec. 7. And be it enacted, That every President
and Director of said company, before he acts as
such, shall swear or affirm, as the case may be,
that he will well and truly discharge the duties of
his office to the best of his skill and judgment.

General atate-
ment.

Sec. 8. And be it enacted, That at the regular
annual meeting of the stockholders of said com-
pany it shall be the duty of the President and Di-
rectors in office for the preceding year to exhibit a
clear and distinct statement of the affairs of the
company, that any called meetings of the stock-
holders or a majority of those present may require
similar statements from the President and Direct-
ors, whose duty it shall be to furnish them when
thus required, and at all general meetings of stock-
holders a majority in value of all the stockholders
in said company may remove from office any Pres-
ident or any of the Directors of said company, and
may appoint others in their stead.

Powers of
Directors.

Sec. 9. And be it enacted, That the said Presi-
dent and Directors, or a majority of them, may
appoint all such officers, engineers, agents or
servants whatsoever as they may deem necessary
for the transaction of the business of the company,
and may remove any of them at their pleasure ;
that they, or a majority of them shall have power