مراسلات وأوراق مطبوعة وقصاصات صحفية تتعلق بشركة البنك الفارسي لحقوق التعدين المحدودة [و‎‎١‎٩‎٦] (٥٨٦/٤٣٠)

MINING RIGHTS CORPORATION, LIMITED.
No Director shall be disqualified or fettered by his office Direetors
1 “ may contract
from • ODtering into or being interested in the respective agree- with
. - 1 - ° Company.
ments mentioned m clause 3 hereof or from contracting
with the Company either as vendor, purchaser, or otherwise,
nor shall any such contract or arrangement, or any contract or
arrangement entered into by or on behalf of the Company in
which any Director shall he in any way interested, be avoided,
nor shall any Director so contracting or being so interested be
liable' to account to the Company for any profit realized by any
such contract or arrangement by reason of such Director holding
that office or of the fiduciary relations thereby established, hut
the nature of his interest must he disclosed hy him at the
Meeting of the Directors at which the contract or arrangement
is determined on if his interest then exists, or in any other case
at the first Meeting of the Directors after the acquisition of
his interest, and no Director so interested shall vote in respect of any
contract or arrangement in which he is so interested, and if he do
vote his vote shall not he counted, hut this prohibition shall not
apply to the said agreements mentioned in clause 3 hereof or any
matters arising thereout respectively.
ROTATION OR DIRECTORS.
75.
At the Ordinary General Meeting in the vear 1891, and at Ro R tion aml
° ^ retirement of
the Ordinary General Meeting in every succeeding year, one-third Directors,
of the Directors, or if their number is not a multiple of three then the
number nearest to, hut not exceeding one-third shall retire from
office. A retiring Director shall retain office until the dissolution or
adjournment of the Meeting at which his successor is elected.
76. The one-third of the Directors to retire as aforesaid on each which
occasion shall, unless the Directors otherwise agree among themselves, retire,
he those who have been longest in office, and as between two or more
who have been in office an equal length of time, the Director to retire
shall, in default of agreement between them, be determined by lot.
The length of time a Director has been in office shall be computed
from his last election or appointment where he has previously vacated
office.
A retiring Director shall be eligible for re-election.
77. The Company at any General Meeting at which any Direc- Meeting to
fill up n
vacancies.
tors retire in manner aforesaid, shall fill up the vacated offices by
electing a like number of persons to be Directors, and may fill up any
other vacancies.
78. If at any General Meeting at which an election of Direc- Retiring
Directors to
tors ought to take place, the places of the retiring Directors are not remain in
filled up, the retiring Directors or such of them as have not had their successors
appointed.
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