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Current as of January 01, 2024 | Updated by Findlaw Staff
3. That immediately after the filing of said certificate as aforesaid, any three of the members of such company may call a meeting of the said company, to be held not less than ten days from date of the filing of said certificate, and at some public place in the city, borough or township nearest to said lands, by giving five days' notice in writing to each of said owners, or by two weeks' notice by advertisement in one or more newspapers printed and published in the county where said lands are situate, specifying the time and place when and where said meeting shall be held, at which time and place the owners of one-half or more of the lands included in said company, having met in person or by proxy, shall proceed to adopt such a constitution and by-laws for the government and management of their business as they shall deem proper; provided, the same shall not be made inconsistent with this act or contravene the laws or constitution of this state or of the United States, and to elect by ballot or otherwise, as the said constitution shall prescribe, a president, three managers, a treasurer and a clerk, who shall be members of the said company, whose several duties and terms of office in the filling of any vacancy or vacancies therein, and all matters not herein provided for, shall be regulated by the constitution and by-laws of the company.
Cite this article: FindLaw.com - New Jersey Acts Saved from Repeal ACTS SAVED 15 § 5-9(3) - last updated January 01, 2024 | https://codes.findlaw.com/nj/acts-saved-from-repeal/nj-st-sect-acts-saved-15-5-9-3/
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