Charter, Organization, Address of the President, Josiah Perham, with the By-laws of the Board of Commissioners

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Alfred Mudge & Son, 1860 - 24 páginas
 

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Página 9 - That in case it shall so happen that an election of directors shall not be made on any day appointed by the by-laws of said company...
Página 16 - But again, in a commercial point of view, I consider this the great question of the day. With the eastern front of our Republic stretching along the Atlantic and its western front along the Pacific, if all the parts should be united by a safe, easy, and rapid intercommunication we must necessarily command a very large proportion of the trade both of Europe and Asia. Our recent treaties with China and Japan will open these rich and populous Empires to our commerce; and the history of the world proves...
Página 7 - ... subscribed for, and ten dollars per share actually paid into the treasury of the company, the said President and Secretary of said Board of Commissioners shall appoint a time and place for the first meeting of the subscribers to the stock of said company, and shall give notice thereof in at least one newspaper in each State in which subscription books have been opened, at least fifteen days previous to the...
Página 10 - It shall be lawful for the directors to require payment of the sums to be subscribed to the capital stock, at such times and in such proportions, and on such conditions, as they shall deem...
Página 9 - Act shall, so soon as may be' after their election, elect from their own number a president and vice-president ; and said board of directors shall, from time to time, and so soon as may be after their election, choose a treasurer and secretary, who shall hold their offices at the will and pleasure of the board of directors. The treasurer and secretary shall give such bonds, with such security, as the said board from time to time may require.
Página 9 - The directors, (a majority of whom shall be a quorum for the transaction of business,) shall have full power to make and prescribe such by-laws, rules and regulations as they shall deem needful and proper, touching the disposition and management of the stock, property, estate and effects of the company, (not contrary to...
Página 8 - ... two of the officers of said board shall act as inspectors of said election, and shall certify under their hands the names of the directors elected at...
Página 11 - Each stockholder of any company formed under this act shall be individually liable to the creditors of such company, to an amount equal to the amount unpaid on the stock held by him, for all the debts and liabilities of such company, until the whole amount of the capital stock so held by him shall have been paid to the company...
Página 5 - That the said company is authorized Company may to accept to its own use any grant, donation, loan, power, franchise, aid, tt ° a °y *' '' or assistance which may be granted to, or conferred upon, said company " " by the Congress of the United States, by the legislature of any State, or by any corporation, person, or persons...
Página 9 - ... the transfer of shares, the duties and conduct of their officers and servants touching the election and meeting of the directors, and all matters whatsoever which may appertain to the concerns of said company...

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