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Session Laws, 1880
Volume 395, Page 659   View pdf image (33K)
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WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 659

vided by the by-laws of said company, and each


share thereof shall entitle the holder thereof to one


vote in the meeting of the stockholders of said com-


pany, to be given either in person or by proxy, duly


appointed by an instrument in writing, properly


executed before some officer authorized to take ac-


knowledgments of deeds; and for the purpose of


obtaining subscriptions to the said capital stock,


books shall be opened under the direction of A. P.

Open books.

Gorman, E. Pratt, Robert T. Baldwin, Gilmor Mere-


dith, Charles F. Meyer, I. M. Parr, H. G. Davis,


Henry Loveridge, Lloyd Lowndes, James A. L.


McClure, James G. Berritt, William H. Smith, or


a majority of them, at such time, in such places, and


under such regulations as to the mode, manner and


time of payment and otherwise as they, or a majority


of them, shall deem expedient.


SEC. 3. And be it enacted, That whenever sub-


scription to the amount of one hundred thousand

Meet and or-

dollars shall have been obtained, the subscribers, or

ganize.

a majority in value thereof, shall have authority to


meet and organize said company, by the election of


one of their number to the office of president of said


company, and six others also from amongst their


number to the office of directors of said company,


who shall hold their respective offices for the term


of one year thereafter, or until their successors shall


be duly elected and qualified, with power to said


president and directors to fill any vacancy which


may take place amongst them during their term of


office, by the election of such other person or per-


sons from amongst the stockholders as they may


select; and the said president and directors so


elected, and their successors duly appointed, shall


have and exercise all the powers now possessed and

Power to fill

enjoyed by the president and directors of the Ches-

vacancy.

apeake and Ohio Canal Company under its charter,


and the several amendments and supplements there-


to, not herein otherwise provided for, and shall at all


times be removable by a vote of a majority of the


stockholders of said company at any public meeting


duly called after thirty days' public notice, said


meeting to be held at the principal office of said


company, and shall receive such compensation for


their services as the stockholders may from time to


time determine.




 

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Session Laws, 1880
Volume 395, Page 659   View pdf image (33K)
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