OCR Text |
Show -12- Special Meetings of the Directors may be called at any time or place by order of the President, or by any two Directors by reasonable notice in writing to each Director signed by the President or by any two Directors, stating the time and place of such meeting. At any meeting of the Directors four shall constitute a quorum. The Board of Directors may establish offices for the transaction of the Company's business, in addition to the principal offices in New Jersey and in New York, at such place or places in or out of the State of New Jersey as they may deem desirable, and they may direct the books of the Company, except the Stock and Transfer Books, to be kept at any office of the Company. In addition to the President, Vice President, Secretary and Treasurer, such other officers, agents and factors of the Company may be chosen by the Board of Directors or by its direction as it may deem advisable. Such officers, agents and factors shall perform such duties, hold their offices for such terms, and receive such compensation, as the Board may from time to time determine. The President, Vice President, Secretary or Treasurer, may be removed from office by the Board of Directors for cause deemed sufficient by said Board. Reasonable notice of the cause and of the time and place at which the Board intends to take action upon such removal shall be given to such officer. When any vacancy occurs among the Directors, or among the officers mentioned in the preceding section, it shall be filled for the remainder of the year by election of the Board of Directors. |
Source |
Original book: [State of Arizona, complainant v. State of California, Palo Verde Irrigation District, Coachella Valley County Water District, Metropolitan Water District of Southern California, City of Los Angeles, California, City of San Diego, California, and County of San Diego, California, defendants, United States of America, State of Nevada, State of New Mexico, State of Utah, interveners] : California exhibits. |