13:1B-68 - Terms of directors of Morris Canal and Banking Company to expire;Ā Ā persons to constitute board until successors qualify
13:1B-68.Ā Terms of directors of Morris Canal and Banking Company to expire; persons to constitute board until successors qualify
The terms of office of the present directors of the Morris Canal and BankingĀ Company shall expire on the effective date of this act, and the persons holdingĀ the offices of Commissioner of Conservation and Economic Development, StateĀ Treasurer, and Director of the Division of Budget and Accounting in theĀ Department of the Treasury, respectively, on the effective date of this act,Ā shall constitute the board of directors, and shall exercise and perform theĀ functions, powers and duties of the directors, of the Morris Canal and BankingĀ Company until the next annual meeting of the stockholders of said company, andĀ until their successors are duly elected and qualified.
L.1948, c. 448, p. 1844, s. 119.
Ā
The terms of office of the present directors of the Morris Canal and BankingĀ Company shall expire on the effective date of this act, and the persons holdingĀ the offices of Commissioner of Conservation and Economic Development, StateĀ Treasurer, and Director of the Division of Budget and Accounting in theĀ Department of the Treasury, respectively, on the effective date of this act,Ā shall constitute the board of directors, and shall exercise and perform theĀ functions, powers and duties of the directors, of the Morris Canal and BankingĀ Company until the next annual meeting of the stockholders of said company, andĀ until their successors are duly elected and qualified.
L.1948, c. 448, p. 1844, s. 119.
Ā