 | California. Dept. of Savings and Loan - Savings and loan associations - 1894 - 392 pages
...preside thereat. (Section 311, Civil Code.) 20. Majority of Stock must be Represented at all Elections. At all elections or votes had for any purpose, there...must be a majority of the subscribed capital stock ; or of the members repre• The prohibition contained in this section is directed against the Trustees... | |
 | California Board of Bank Commissioners - Banks and banking - 1888 - 642 pages
...and qualified, if there is no other officer present legally authorized to preside thereat. SEC. 312. At all elections, or votes had for any purpose, there...must be a majority of the subscribed capital stock, or of the members, represented either in person or by proxy in writing. Every person acting therein... | |
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At all elections or votes had for any purpose there must be a majority of the subscribed capital stock, or of the members, represented, either in person or by proxy in writing. 
