 | Delaware - Law - 1816 - 766 pages
...Meetings of the ings at Laurel, at such times as may be previously directors. appointed by them. Fifth. Not less than five directors shall constitute a board, for the transaction of the business at the bank, of whom the president shall always be a board. one, except in case of sickness... | |
 | New York (State) - Law - 1807 - 562 pages
...every share by him held under the said number. III. And be it further enacted. That no 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 necessary absence, in which case his place shall be supplied... | |
 | United States. Congress. House - United States - 1392 pages
...confined to a few individuals. On reference to the 8th section of the charter, it will be found that " not less than five directors shall constitute a board for the transaction of busi ness, of whom the president shall always be one." The Legislature, at its last session, in reducing... | |
 | Ontario - Law - 1818 - 600 pages
...not be entitled to any emolument for £™°Jd™netDt exctfl>t tbe their services, and that seven Directors shall constitute a Board, for the transaction of business, of whom the President shall be one, except in the case of sickness or absence, in which case, the Directors present may choose... | |
 | Maine - Bills, Private - 1825 - 212 pages
...compensation comPensatlon; as to them shall appear reasonable. Eighth. No President may less than four Directors shall constitute a board •for the transaction of business, of whom the Presi- rectors"1° dent shall always be one, except in case of sickness or necessary absf-nce, in which... | |
 | John [Lunan (Jr.]) - Law - 1828 - 334 pages
...island, and holding at least two shares, shall be eligible as a director. Fourth, Not less than seven directors shall constitute a board for the transaction...of whom the president shall always be one, except ip case of sickness or necessary absence ; in which case his place may be supplied by any other director,... | |
 | Liverpool packet company - 1828 - 32 pages
...Trustees shall choose from among their number, by ballot, their President. Not less than three Trustees shall constitute a board, for the transaction of business, of whom the President shall always be one, necessary absence only excepted, in which case a President shall be chosen for the time being. The... | |
 | Pennsylvania - 1834 - 478 pages
...on the fourth fund*54,453,104 mental law of the corporation, which enacts, that "not less than seven directors shall constitute a Board for the transaction of business, of whom the President 7,991,184 sha1' always be one, except in case of sickness or necessary absence, in which case his place... | |
 | Matthew St. Clair Clarke - Banking law - 1832 - 864 pages
...extraordinary attendance at the bank, as shall appear to them reasonable. 5. Not less than a majority of directors shall constitute a board for the transaction of business, of whom the president »hall always be one, except in 17 case of sickness, or necessary absence; in which case, his place... | |
 | Québec (Province) - 1833 - 548 pages
...attendance at the Bank, or other services, as shall appear to them reasonable or proper. — Fifthly, Not less than five Directors shall constitute a Board for the transaction of business, of which number, the President or Vice-Président shall always be one, except in case of sickness or unavoidable... | |
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Not less than five directors shall constitute a board for the transaction of business, of whom the President shall always be one... 
