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<br />. .~... <br /> <br />and shall at the close of the polls report the result of the same to <br />the chairman and the chairman shall declare the required number of <br />stockholders receiving the highest vote duly elected. <br /> <br />Section 6. The revort of such committee, as herein provided <br />for, shall be entered upon the journal, such journal shall be a part of <br />the company's records, kept for that purpose by the Secretary of the <br />Company, and it shall be the duty of the Secretary elected by the <br />Directors to act at the annual and special meetings of the stockholders. <br /> <br />Section 7. All elections shall be by written or printed <br />ballot, on which shall be written the name of the person offering the <br />same, and opposite each name voted for shall be the number of shares <br />voted for that person, except when the Secretary is instructed by a <br />rnajority vote of those present to cast a unanimous vote for anyone <br />or more Directors. <br /> <br />Section 8. In case any stockholder offering to vote as <br />proxy, or by his own stock, is challenged, the stockholders present <br />shall decide by a majority vote the question of allowing such vote tro <br />be cast. <br /> <br />ARTICLE (Ii:. <br />DIRECTORS. <br /> <br />Section 1. TInmediately after the annual election, as pro- <br />vided by these By-Laws, the Board of Directors shall elect by ballot, <br />each Director being entitled to one vote in person, a President and a <br />Vice-~resident from their number, and a Secretary-Treasurer of the <br />Board of Directors, said officers to hold office for one year, or until <br />their successors shall be elected and duly qualified. Cha..~eJ t. :l. YP4AS <br /> <br />Section 2. The Board of Directors may appoint for any time <br />not longer than one ye~r, any other Qfficer or agent that in the dis- <br />cretion of the board may be necessary. <br /> <br />Section 3. 'fhe Board of Directors shall appoint a competent <br />Superintendent and Assistant Superintendent, and fix the salaries of the <br />s~ne, but no officer or other person shall receive increased pay for <br />past services. <br /> <br />Section 4. ~he Directors shall receive for their services <br />Two Dollars each for each regular and special meeting of such Board at <br />which they attend. <br /> <br />Section 5. The Board of Ulrectors may from time to time <br />require bonds from the different officers or agents to the Company in <br />such sums as may be decided upon by the Board, which bonds shall be <br />conditioned upon the faithful discharge of duties and the faithful <br />accounting for money and property of the Company. <br /> <br />Section ~ 1~e Board of Directors shall have full control <br />of all the Company's business, approve' all bonds, direct the execution <br />of all works';contract for the same, audit and pass upon all bills, <br />direct the amount of force to be employed, determine when and what <br />work shall be done, or the Board may appoint any agent or agents, <br />subject to the control of the Doard to do such of these things as may <br />seem best; provided there shall be no letting of contracts for new <br />construction and/or enlargement work involving expenditure of Two <br />Thousand Dollars or more until bids for the same have been duly <br />advertised for and estimates for the same have been made by a civil <br />engin3er. <br /> <br />3 <br /> <br />:~! <br />