 | 1886
...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
...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... | |
 | New York (State). - 1887
...every share by him held under that number. Quorum." And 1)6 it further enacted That not less than seven directors shall constitute a board for the transaction...whom the president shall always be one, except in cases of necessary absence in wliich case his place may be supplied during such absence by another... | |
 | New York (State). - 1887
...every share by him held under that number. Quorum. And be it further enacted That not less than seven directors shall constitute a board for the transaction...whom the president shall always be one, except in cases of necessary absence in which case his place may be supplied during such absence by another director... | |
 | New York (State). - 1887
...Quorum of And be it further enacted, That no less than seven directors shall condirectors. stitute a board for the transaction of business of whom the president shall always be one, except in case of necessary absence, in which case his place shall be supplied by another director whom he by writing... | |
 | New York (State) - 1887
...of And be it further enacted, That no less than seven directors shall condirectors. stitute a Doaril for the transaction of business of whom the president shall always be one, except in case of necessary absence, in which case his place shall be supplied by another director whom he by writing... | |
 | New York (State). - 1887
...or other director, shall reiatingto. he entitled to any emolument for their services, and that seven directors shall constitute a board for the transaction of business, of whom the president shall be one, except in case of sickness or absence, in which case the directors present may choose a chairman... | |
 | Maryland - 1888
...directors; and in case of sickness or necessary absence of the president, his place may be supplied by a director, whom he, by writing under his hand, shall nominate for the purpose. Art. 9. Half yearly dividends shall be made to the stockholders, of so much of the net profits of the... | |
 | United States - 1891 - 310 páginas
...his extraordinary attendance at the bank, as shall appear to them reasonable. V. Not less than seven directors shall constitute a board for the transaction...writing under his hand, shall nominate for the purpose. VI. Any number of stockholders, not less than sixty, who, together, shall be proprietors of two hundred... | |
 | United States - 1891 - 309 páginas
...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... | |
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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,... 
