Page:United States Statutes at Large Volume 18 Part 2a.djvu/78

GENERAL 1`N CORPORATION. 7 3 assemble at any time and place upon which a majority of the members 5_M=•y·167°»¤·8°» so associating may agree, and elect a. president and one or more vice- ‘{bg·"· 16- PI’· 1°7· presidents, as they may see tit, and adopt a name, constitution, and by- ` laws, such as they may agree upon. Sec. 606. Such persons shall thereupon become a body corporate and Corporate powpolitic in fact and in name, by the name and style, or title, which they ***8- may haye adopted, and by that name shall have succession, shall be capable in law to sue and be sued, plead and be impleaded, answer and ’ be answered unto, defend and be defended, in all courts of law and equity, and they and their successors shall have a common seal, and may alter and change the same at their discretion. Sec. 607. Such corporation, by the name and style which shall be May hold real adopted, shall be capable in law of purchasing, holding, and conveying °“*°*°? h““*· any estate, real or personal, for the use of the corporation not exceeding md. in quantity one city, town, or village lot and building in the District. Sec. 608. The president, vice-president, secretary, and treasurer shall Board of directbe ex-officio members_of the board of directors, and, together with the 1’;._ directors elected, shall manage the business of the corporation. Ibid- Sec. 609. All omcers shall be elected by a plurality of votes given at E|¤¤*»i¢>¤ ¤f MB- any election, and a general election of officers shall be held at least °°"“· once in each year; but in case of any accidental failure or neglect to Ibid. hold such general election, the corporation shall not therebylapse or terminate, but shall continue and exist, and the old onicers shall hold over ugtil ghle next general election of officers provided for in the constitution a opt . Sec. 610. The officers shall hold their onices for the time which shall '1`•¤¤1’¤ of ¤¤¤¤· be prescribed in the constitution adopted by the corporation, and until Ibm_ others shall be elected and qualified as prescribed by such constitution. Sec. 611. Such corporation shall have the right to admit as members Rules and rogusuch persons as they may see fit, and expel any members as they may l¤**°¤¤· seo lit; and in all cases a. majority of the members present at any stated Ibm_ meetings shall have the right to pass, and also the right to repeal, any by-laws of the corporation; and in all cases the constitution and by-laws adopted by the corporation shall be binding upon and control the same until altered, changed, or abrogated in the manner that may be proscribed in such constitution. Sec. 612. Such corporation may inflict fines upon any of its members, Fi¤¤¤· and collect the same, for breach of the provisions of the constitution or Ibid_ bylaws; but no line shall inany case exceed twenty-tive dollars. Such fines may be collected by action of debt, brought in the name of the corporation, before any justice of the peace, against the person upon whom the tiue shall have been imposed. Sec. 613. The award of any general committee of reference appointed Arbitration. by said corporation upon any matter of dilference, submitted to such “;"_`—Ib,d · committee for arbitration in writing, with or without seal, by any mem- ' ber of the corporation or by any other person, shall have the same force and eifect as if the same had been submitted to the arbitration of the members of said committee of reference, by their individual names by deed of submission. Sec. 614. Any such award may be filed and madea rule of court, and Award. judgment entered theron and execution issued in the same manner and md_"“ ‘“' under the same rules and regulations that other awards may be entered, under and by virtue of the laws in force in the District. . Sec. 615. No submission or arbitration bond shall required to be Submission-bond tiled with such awards; but four days’ notice of the tiling of such award 2;;; *°*1¤"°di ¤°· shall be given to the opposite party of the party filing the award. · Sec. 616. A committee of reference, when sitting as arbitrators, shall rcwei} of} I comliavc the ri ght, to issue subpoenas and compel the attendance of witnesses 2;*;;:;; 8;;; by attachment, the same as justices of the peace. i§d__ .____ l . Sec. 617. Such corporation shall have no power or authority to do or Restriction upon