C-44 - Gas, Water and Electricity Companies Act

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48. Whenever a majority of the directors of any company are of opinion that the capital stock thereof is insufficient for the requirements of the company, they may call a general meeting of the stockholders of the company, giving at least 10 days’ notice of the time and place of meeting, either by advertisement in one or more newspapers published in the municipal territory where the operations of the company are carried on, or as prescribed by section 4, or by a circular addressed to each stockholder and mailed at least 10 days previous to the time appointed for holding such meeting.
R. S. 1964, c. 285, s. 48; 1996, c. 2, s. 588; 1999, c. 40, s. 73.
48. Whenever a majority of the directors of any company are of opinion that the capital stock thereof is insufficient for the purposes for which the company has been incorporated, they may call a general meeting of the stockholders of the company, giving at least ten days’ notice of the time and place of meeting, either by advertisement in one or more newspapers published in the municipal territory where the operations of the company are carried on, or as prescribed by section 4, or by a circular addressed to each stockholder and mailed at least ten days previous to the time appointed for holding such meeting.
R. S. 1964, c. 285, s. 48; 1996, c. 2, s. 588.
48. Whenever a majority of the directors of any company are of opinion that the capital stock thereof is insufficient for the purposes for which the company has been incorporated, they may call a general meeting of the stockholders of the company, giving at least ten days’ notice of the time and place of meeting, either by advertisement in one or more newspapers published in the municipality where the operations of the company are carried on, or as prescribed by section 4, or by a circular addressed to each stockholder and mailed at least ten days previous to the time appointed for holding such meeting.
R. S. 1964, c. 285, s. 48.