A Manual of Commercial Law : Containing a Clear, Concise And Logical Exposition of the Rules Relating to Business Transactions And the Management of Affairs

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335 stitute a quorum, and the majority of that quorum may bind the corporation by its resolutions ; but this may be varied by either statute or charter. Acts done by less than a quorum may be ratified at a meeting regularly convened.
§ 777. Calling the meeting. — Every director has a right to be present at a meeting of the board, to vote and be heard, and it is the right of the shareholders that he should be. A meeting of the directors must be held, therefore, upon due notice or waiver, and the
... sufficiency of the notice is governed by principles similar to those applicable in the case of stockholders' meetings.
Notice of Regular Meeting of Directors.
Office of the Company, No street.
New York.
Notice is hereby given thai the regular monthly meeting of the hoard of directors of the Company will be held at the office of the company, No street. New York, at 2 P. M., August 4, 1905.
Dated July 25, 190$.
John Johnson, Secretary.
Notice of Special Meeting of Directors.
Office of the Company, No street.


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