and, if such amount be not paid within such sixty days, the company may cause such safe or box to be opened in the presence of the president or managing director or secretary of the said company and of a notary public, not an officer or in the employ of said company, and the contents thereof, if any, to be sealed up by such notary public in a package, upon which said notary shall distinctly mark the names and addresses of the person or persons in whose name or names such safe or box stands upon the books of the company, and the estimated value thereof, and the packages so sealed and addressed, when marked for identification by such notary, shall be deposited by him in one of the general safes or boxes of the company. XVII. The company shall make an annual report of its operations to the lieutenant-governor in council. XVIII. This act shall come into force on the day of its sanction. AN ACT TO AMEND THE CHARTER OF THE IMPERIAL TRUST COMPANY WHEREAS, the Imperial Trust Company, a body politic and corporate, incorporated by the Legislature of the Province of Quebec, 5 Edward VII, chapter 79, is desirous of obtaining further powers granted by its said act of incorporation, to-wit, for authorization to empower the said company to receive money on deposit and allow interest on the same, with other powers incidental thereto; Therefore, His Majesty, with the advice and consent of the Legislative Council and of the Legislative Assembly of Quebec, enacts as follows: I. The Act 5 Edward VII, chapter 79, is amended by the addition to section 3 of the following paragraphs: "17. To receive money on deposit and allow interest on the same; "18. To purchase bills of exchange and generally do an exchange business with Great Britain and Ireland, British possessions and foreign countries." II. This act shall come into force on the day of its sanction. TRUST COMPANY BY-LAWS BY-LAWS OF AN ILLINOIS TRUST COMPANY ARTICLE I Meetings of Stockholders § 1. Annual Meeting. The regular annual meeting of the stockholders shall be held at the principal office of the company in the City of Chicago, Illinois (unless some other place is designated by the Board of Directors or Executive Committee), at two (2) o'clock p. m., on the second Monday of January, in each year, for the election of directors and the transaction of such other business as may come before the stockholders for action. If the day fixed for any annual meeting shall be a legal holiday, it shall be held on the next succeeding day. If for any reason the annual meeting shall not be held at the time herein provided, the same may be held at any time thereafter upon notice, as hereinafter provided, or the business thereof may be transacted at any special meeting called for that purpose. § 2. Special Meetings. Special meetings of the stockholders may be called by the President, Board of Directors or Executive Committee whenever they deem it necessary, and it shall be their duty to order and call such meetings whenever persons holding one-fifth (1/5) of the outstanding capital stock of the company shall, in writing, request the same. Such special meetings shall be held at the principal office of the company, in the City of Chicago (unless some other place be designated by the President, Executive Committee or Board of Directors), in the same manner as the annual meeting. § 3. Notice of Meetings. Notice of the time and place of the annual and of any special meeting of the stockholders shall be given by the Secretary to each of the stockholders by posting the same in a postage prepaid letter, addressed to each stockholder at his last known place of business or residence, or by delivering the same personally, at least ten (10) days before the meeting. The notice of a special meeting shall also set forth the objects of the meeting, and the business of such special meeting shall be confined to the objects stated. A failure to mail notice of the annual meeting shall not invalidate the proceedings of the meeting. Any or all of the stockholders may waive notice of any meeting, and the presence of a stockholder at any meeting shall be deemed a waiver of notice thereof by him. Meetings of the stockholders may be held at any time, without notice, when all of the stockholders are present in person or by proxy, or when all of the stockholders waive notice, and consent to the holding of such meeting. § 4. Voting. At all meetings of the stockholders each stockholder shall be entitled to one vote for each share held by him, which vote may be given personally or by proxy authorized in writing; and, at elections for Directors, such votes may be cast cumulatively, in accordance with law. At each meeting of the stock holders a full, true and complete list, in alphabetical order, of all the stockholders entitled to vote at such meeting, indicating the number of shares held by each, and certified by the Secretary, shall be furnished. Only the persons in whose names shares of stock shall stand on the books of the company at the time of the closing of the transfer books for such meeting, as evidenced by the list of stockholders so furnished, shall be entitled to vote at such meeting. At each meeting of the stockholders the polls shall be opened, the proxies and ballots shall be received and taken in charge, and all questions touching the qualifications of voters, the validity of proxies, and the acceptance or rejection of votes, shall be decided by three inspectors. Such inspectors shall be appointed by the Board of Directors before or at the meeting, or if no such appointment shall have been made, then by the presiding officer at the meeting. If, for any reason, any of the inspectors previously appointed shall fail to attend, or refuse, or be unable to serve, inspectors in place thereof shall be appointed in like manner. No person shall be appointed an inspector who is a candidate for election as a Director. § 5. Quorum. The holders for the time being of a majority of the total number of shares of stock issued and outstanding, represented in person or by proxy at any meeting of the stockholders, shall constitute a quorum for the transaction of business, unless the representation of a larger number shall be required by law. In the absence of a quorum, the stockholders attending or represented at the time and place at which a meeting shall have been called may adjourn such meeting from time to time until a quorum shall be present, |