526

Ch. 31. No. 1.] Compantes.

general meetings; all other general meetings shall be called extraordinary
reneral meetings.

The directors may, whenever they think fit, convene an extra-
ordinary general meeting, and extraordinary general meetings shall also
be convened on such requisition, or, in default, may be convened by such
requisitionists, as provided by section 112 of the Ordinance. If at any
time there are not in the Colony sufficient directors capable of acting to
form a quorum, any director or any two members of the company may
convene an extraordinary general meeting in the same manner as nearly
as possible as that in which meetings may be convened by the directors.

Notice of general meeting,

42. Subject to the provisions of section 115 (2) of the Ordinance
relating to special resolutions, seven days’ notice at the least (exclusive
of the day on which the notice is served or deemed to be served, but
inclusive of the day for which notice is given) specifying the plac the
day, and the hour of mee ting and, in case of special business, the general

ature of that business shall be given in manner hereinafter mentioned,
or in such other manner, i any, as may be preseribed by the company
in general meeting, to such persons as are, under the regulations of the
company, entitled to receive such notices from the company; but with
the consent of all (he members entitled to receive notice of some particular
iceting, that meeting may be convened by such shorter notice and in
uch manner as those members may think tit.

The accidental omission to give notice of a meeting to, or the
noaeyoeeit of a notice of a meeting by, any member shall not invalidate
the proceedings at any meeting.

Proceedings at general mectings.

‘Ad. AM business shall be deemed special that is transacted ato an
Ntraordinary meeting, and all that is transacted at an ordinary meeting,
with the exception of sanctioning a dividend, the consideration of the
accounts, balance sheets, and the ordinary report of the directors and
auditors, the election of directors and other officers in the place of those
retiring by rotation, and the fixing of the remuneration of the auditors.

45. No business shall be transacted at any general meeting unless
® quorum of members is present at the time when the meeting proceeds
to business; save as herein otherwise provided, three members personally
present shall be a quorum.

46. Tf within half an hour trom the time appointed for the meeting
a quorum is not present, the meeting, if convened upon the requisition
of members, shall be dissolved; in any other case it shall stand adjourned
to the ‘ame day in the next week, at the same time and place, and if
at the adjourned meeting a quorum is not present within half an hour
from the time appointed for the meeting the members present shall be
a quorum,

47. The chainman, if any, of the board of directors shall preside as
chairman at every general mecting of the company.