Section 444. Annual meeting; notice; voting  


Latest version.
  • The  annual meeting of the
      shareholders for the election of directors shall be held in  January  in
      each  year  at a place within the state to be determined by the board of
      directors. Notice of the time and place of holding such  election  shall
      be  given  by  publication  thereof,  at least once in each week for two
      successive weeks immediately preceding such  election,  in  a  newspaper
      published  in  the city of New York and by mailing a copy of such notice
      postage prepaid to each shareholder of the savings  and  loan  bank  not
      less  than  ten  nor  more  than  forty  days before the holding of such
      meeting. Each member  shall  be  entitled  to  one  vote,  and  to  such
      additional  votes  not exceeding one vote for every share of the capital
      standing in its name on the books of the savings and loan  bank  as  the
      by-laws  may  prescribe.  Such vote or votes may be cast by mail when so
      provided in the by-laws.