|
SEC. 13. And be it enacted. That a general
meeting of the stockholders of said company shall
be held annually at such time and place as the stock-
holders shall appoint, they may be called at any time,
and to meet at any convenient place during the in-
terval between said annual meetings, by the Presi-
dent and Trustees, or a majority of them, or by (he
stockholders owning at least one-fourth of the whole
stock subscribed, upon giving thirty clays public no-
tice of the time and place of holding the same by ad-
vertisement published in one or more newspapers of
general circulation in the State, and when any such
meetings are called by the stockholders, such notice
shall specify the particular object of the case, and if
at any such called meetings, a majority, in value, of
the stockholders of said company are not present in
person or by proxy, such meetings shall be adjourned
from day to day without transacting any business,
for any time not exceeding three days, and if within
said three days, stockholders having a majority in
value of the stock subscribed do not thus attend,
such meeting shall be dissolved, and that any call-
ed meeting of the stockholders a majority of those
present may require similar statements from the
President and Directors, whose duty it shall be to
furnish them when thus required, and that at all gener-
al meetings of the stockholders, a majority in value of
all the stockholders in said company may fill any va-
cancy that may occur in the office of trustees, and
may remove from office any President, or any of the
trustees of said company, and may appoint others in
their stead.
|
General meet-
ings.
|
|