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Section 63-1-10 - [Contents of bylaws — New Mexico Law | CourtGPT
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New Mexico Legal Code

Section 63-1-10 - [Contents of bylaws

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Where no other provision is especially made by this chapter, a railroad corporation may, by its bylaws, provide for: A. the time, place and manner of calling and conducting the meetings of its directors and stockholders; B. the number of stockholders constituting a quorum at meetings of stockholders; C. the mode of voting by proxy at meetings of stockholders; D. the time for holding annual elections for directors and the mode and manner of giving notice thereof; E. the compensation and duties of officers; F. the manner of election and the tenure of office of all officers other than the directors; G. suitable fines for violation of bylaws, not exceeding in any case one hundred dollars [($100)] for any one offense; and H. the mode and manner of collecting assessments, except as otherwise provided in this chapter. History: Laws 1878, ch. 1, ch. [tit.] 2, § 2; C.L. 1884, § 2631; C.L. 1897, § 3813; Code 1915, § 4671; C.S. 1929, § 116-119; 1941 Comp., § 74-110; 1953 Comp., § 69-1-10. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Compiler's notes. — For meaning of 'this chapter', see compiler's notes to 63-1-8 NMSA 1978.