Chapter 8. to amend an act entitled “An act to incorporate the National Fair Grounds Association ”
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CHAP. 8.— An Act to amend an act entitled “An act to incorporate the National Fair Grounds Association ”.Dec. 23, 1880. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*,National Fair Ground association—act of incorporation amended. That the name of said association shall be “ The National Fair Association of the District of Columbia.” Sec. 2. That the board of directors of said association shall consist of eleven members, to be elected in accordance with its charter and bylaws.
Sec. 3. That within thirty days after the passage of this act the stockholders of said association shall be convened in general meeting, and shall elect six of their number as additional members of the board of directors, who, with the five directors now serving, shall hold their office until the second Monday in January, eighteen hundred and eighty-one, and until their successors are elected; six of said board shall constitute a quorum for the transaction of business. 313 FORTY SIXTH CONGRESS.
Sess. III. Ch. 8, 9, 10. 1880. Sec. 4. That on the second Monday in January, eighteen hundred and eighty-one, and annually thereafter, the stockholders of said association shall be convened in general meeting and shall elect eleven of their number as a board of directors. Sec. 5. That in all elections each share of stock shall be entitled to one vote, and shareholders may vote by proxy in accordance with the provisions of the bylaws. Approved, December 23, 1880.