By Laws of Western Pacific Railway Company in Effect March 4 1907
By Laws of Western Pacific Railway Company in Effect March 4 1907
Western Pacific Railway Company
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When the Board of Directors and the Executive Com- mittee are not in session, the President shall possess, exercise and perform all of the powers and duties which by Section 3, of Article III, of these By-L, aws, have been delegated to or conferred upon the Executive Committee, and shall report at the meeting of the Executive Committee next succeeding whatever he may have done in the exercise or performance ot such powers or duties. In determining whether the Board or the Executive Committee is... in session at the time action is taken by the President under this paragraph, the minutes of the meetings of the Board and of the Executive Committee shall be conclusive. He shall, unless otherwise directed by the Board or the Executive Committee, attend in person or by substitute appointed by him, and act and vote on behalf of the Company, at all meetings of the stockholders of any corporation in which the Company holds stock, and at any such meetings shall possess and may exercise any and all of the rights and powers incident to the ownership of such stock, and which, as the owner thereof, the Company might have possessed and exercised, if present ; but the Board of Directors or the Executive Com- mittee may, by resolution from time to time, confer like powers, exclusive or concurrent, upon any other person or persons.
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