CO129-074 - Lieut. Governor Caine & Sir Robinson - 1859 [6-12] — Page 14

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which Directors shall appoint

authorized:

of their number President, and

for

the sain Commissioners, or a

the purpose of electing the first- Directos, majority of them after the stock shaw have been

Subscribed as • provided in the second of this act shate give five days notice in the newspaper herein before

Section

mentioned of the time and place by them appointed for the subscribers or Stockholders to meet for the purpose

of electing Directors, and annually thereafter

on

the second Monday of January the-

Stockholders shall meet

as af

line

for electing Directors this for

Provided, that none but -

aforesaid . Pewvided,

Thaln

Stockholders shall be elected Directors.

Section 4. A

majority of said Board of.

Director shall constitute a quorum for

the transaction of business. They shall

have power to make and establish such

by- laws, rules, orders and.

May

be

regulations

as

necessary for the management of the affairs of said company to make auch

Covenants, contracts and agreements with any person or persons Copartnerships or body politie whatsoever, as the execution and

management of the works,

and interests

of

or

the convenience

the company may require.

Section 5. The said Company shall have

power

and the excclusive right and privilege

of building Gas works in the town of _

for supplying to said town and its in habitants Gas Light, and for making all excavations

and

Completing

such other work as may

все

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