 The affairs of the Association shall be managed by a Board of not less than five directors, elected by the members or stockholders from their own number.  Hearings - Page 6by United States. Congress. Senate. Committee on the District of Columbia - 1940Full view - About this book
 | Illinois - 1923 - 714 pages
...the principal place of business of the association. § 12. DIRECTORS — ELECTION. The affairs of the association shall be managed by a board of not less than five directors, elected by the members or stockholders from their own number. The by-laws may provide that the territory... | |
 | South Carolina - 1874 - 412 pages
...or any affairs of the comoffieers SE C. '-*• ^ ne mana g emen t of said company shall be vested in a Board of not less than five Directors, who shall be elected at a » general meeting of the stockholders annually ; but the persons named in the first Section of... | |
 | 1877 - 870 pages
...banking-house, or real property taken for debt, which must be sold within five years. The business is to be managed by a board of not less than five directors, who must own at least ten shares apiece of the stock, unencumbered by debt, and three-fourths of them must... | |
 | Michigan. State Banking Department - 1914 - 748 pages
...it by law exercised and enjoyed." Section 12 of the present law (Section 6101, Compiled Laws of 1897 managed by a board of not less than five directors who shall be elected by the stockholders." As the certificate filed by the Wayne County Savings Bank under section 60 (since... | |
 | Idaho - 1921 - 648 pages
...principal place of business of the Association. SEC. 12. DIRECTORS— ELECTION. The affairs of the Association shall be managed by a Board of not less than five directors, elected by the members or stockholders from their own number. The By-Laws may provide that the territory... | |
 | 1894 - 1224 pages
...at such times as the board of directors should require; that the affairs of the corporation should be managed by a board of not less than five directors, who shall be stockholders, and the stockholders might, by vote. Increase the number to seven; that as soon as stock... | |
 | William Weeks Morrill - 1896 - 942 pages
...authorized it to be increased to $2,000,000. The third section directs that the affairs of the company shall be managed by a board of not less than five directors, etc. The fourth section authorized books of subscription for the capital stock to be opened in St.... | |
 | William Weeks Morrill - 1896 - 970 pages
...authorized it to be increased to $2,000,000. The third section directs that the affairs of the company shall be managed by a board of not less than five directors, etc. The fourth section authorized books of subscription for the capital stock to be opened in St.... | |
 | New Jersey - 1899 - 660 pages
...DIRECTORS. ANNUAL MEETING OF STOCKHOLDERS. OFFICERS. Management. 12. The affairs of every trust company shall be managed by a board of not less than five directors, who shall be elected annually by tbe stockholders at their annual meeting as hereinafter provided ; a majority of the board... | |
 | James Brooks Dill, New Jersey. Department of Banking and Insurance - 1899 - 98 pages
...transact the business of a bank or trust company. 5. Directors. The affairs of every safe deposit company shall be managed by a board of not less than five directors, a majority of whom shall at all times be residents of the state of New Jersey, who shall be elected... | |
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