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Texas Vernon's Texas Civil Statutes - Chapter 3 Officers And By-LawsLegal Research Home > Texas Lawyer > Vernon's Texas Civil Statutes > Texas Vernon's Texas Civil Statutes - Chapter 3 Officers And By-Laws All the corporate powers of every railroad corporation shall be vested in and be exercised by the legally constituted board of directors. Every such corporation ... These rules shall govern the election of the board of directors: 1. It shall require a majority in value of the stock of such corporation ... There shall be a president of the corporation who shall be chosen from and by the board of directors, and such other officers as said ... If the directors of any railroad company shall declare and pay any dividend when the company is insolvent, or any dividend the payment of which ... If any certificate or report made, or public notice given, by the officers of any such company, in pursuance of the provisions of this title, ... Every railroad corporation shall have the power to make such by-laws as it may think proper for the government of such company, the same not ... Last modified: August 10, 2007 |