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C-42 - Timber-Driving Companies Act

Section 25
Disposition versions

Full text
25. The directors may elect one of their members to be the president, and may nominate and appoint such officers and employees as they deem necessary, and in their discretion may take security from such officers and employees respectively for the due performance of their duties, and that they will duly account for all moneys coming into their hands for the use of the company.
R. S. 1964, c. 96, s. 25; 1999, c. 40, s. 72.
25. The directors may elect one of their members to be the president, and may nominate and appoint such officers and servants as they deem necessary, and in their discretion may take security from such officers and servants respectively for the due performance of their duties, and that they will duly account for all moneys coming into their hands for the use of the company.
R. S. 1964, c. 96, s. 25.
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