Report, articles of association and by-laws of the Clifton mining company1864 |
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160 acres agricultural 50 feet adit amount of shafting ARTICLES OF ASSOCIATION best bearing veins By-Laws Capt Charles Richmond Clifton Mining Company composed of epidote day of October depth Detroit dip northwesterly Directors E. N. WILLCOX entered in charge exploration made seemed extended 148 feet F. G. WHITE four thousand Shares Grout Henry N holds four thousand important as identifying include 480 acres J. D. ANGUS June 15th June 1st Lake Superior Michigan mining with full Norwich and Sharon Notary Public one-quarter of section Ontonagon Mining district opening very strong pany proceeding to heavy quartz and spar Range 41 West rock S. W. of Sec Secretary Shares of Stock Sharon mines south declivity south vein southwest one-quarter stamp copper Stock forfeited Stockholder surface improvements TEN EYCK thereof three quarter sections Town 49 Trap Range Treasurer turnips value the exploration vein and floor Wayne County Woodruff
Popular passages
Page 16 - The directors, for the time being, shall have power to fill any vacancy which may happen in their board by death, resignation, or otherwise, for the current year.
Page 15 - ... and at such times and places as they shall think proper, by giving notice thereof as the by-laws shall prescribe, and in case any stockholder shall neglect or refuse payment of any such...
Page 15 - ... and the residue shall be refunded to the owner thereof; and such sale shall entitle the purchaser to all the rights of a stockholder to the extent of the shares so bought.
Page 15 - Notice of such election must be given by posting notices in three public places in each election precinct in said district for at least twenty days, and also by publication of such notice in some newspaper, published in the county where the office of the Board of Directors of such district is required to be kept, once a week for at least three successive weeks.
Page 15 - In the election of directors, every stockholder in the company shall be entitled to one vote for every share of stock held by him, and such vote may be given in person, or by proxy.
Page 9 - DEAR SIR : In compliance with your request, I submit the following report...
Page 13 - The capital stock of said company shall not capital stock exceed five hundred thousand dollars, divided into twenty thousand shares of twenty-five dollars each.
Page 5 - In Conro v. Port Henry Iron Company, 12 Barb. 27, the same question arose. A lease of the company's iron works was made in pursuance of a resolution adopted at a meeting of the stockholders at which the Directors were present. It was held that the resolution imparted no authority to make the lease. The Court say: "The stockholders in this case had no power to make a lease or do any other administrative act in the management of the affairs of the corporation. If a lease could be made at...
Page 15 - DIRECTORS. the company in New York immediately after the adjournment of the annual meeting of stockholders, and elect the officers of the corporation for the ensuing year. Regular meetings of the directors shall be held at the office of the company in New. York, or by order of the directors elsewhere, on a day and at an hour to be fixed by resolution of the board. Notice of regular meetings shall be mailed to each director at his last known post-office address by the secretary at least three days...