C-44 - Gas, Water and Electricity Companies Act

Section 14 Disposition versions

1999-10-22

14. A majority of the stockholders of any such company present at any special general meeting, may make by-laws for the following purposes:

(1)  for the management and disposal of the stock, business and affairs of the company;

(2)  for the appointment of officers and the prescribing of their duties, as well as those of all artificers and other employees, and for carrying on all kinds of business connected with the objects and purposes of the company;

(3)  for determining the number of directors of the company, which shall not exceed nine, nor be less than three, including the chief officer of any municipality holding stock in the company in virtue of section 61;

(4)  for determining the number of shares it shall be necessary for a stockholder to hold to qualify him as a director;

(5)  for the payment of the directors with the consent of a majority of the stockholders at the annual meeting, or for the appointment of one or more paid directors;

(6)  for amending, altering or repealing any by-law of the company made under the authority of this Act or of any other Act of the Parliament of Québec.

R. S. 1964, c. 285, s. 14; 1999, c. 40, s. 73.

1977-12-31

14. A majority of the stockholders of any such company present at any special general meeting, may make by-laws for the following purposes:

(1)  For the management and disposal of the stock, business and affairs of the company;

(2)  For the appointment of officers and the prescribing of their duties, as well as those of all artificers and servants that may be employed, and for carrying on all kinds of business connected with the objects and purposes of the company;

(3)  For determining the number of directors of the company, which shall not exceed nine, nor be less than three, including the head of any municipality holding stock in the company in virtue of section 61;

(4)  For determining the number of shares it shall be necessary for a stockholder to hold to qualify him as a director;

(5)  For the payment of the directors with the consent of a majority of the stockholders at the annual meeting, or for the appointment of one or more paid directors;

(6)  For amending, altering or repealing any by-law of the company made under the authority of this act or of any other act of the Legislature.

R. S. 1964, c. 285, s. 14.