752 
SECRETARIAL PRACTICE 
before the time for holding the meeting or adjourned meeting, at 
which the person named in the instrument proposes to vote, and in 
default the instrument of proxy shall not be treated as valid. 
61. An instrument appointing a proxy may be in the following 
form, or any other form which the directors shall approve :— 
Company, Limited 
, being a membet 
Company, Limited, 
., of 
, as my proxy, to vote for me and 
on my behalf at the [ordinary or extraordinary, as the 
case may be] general meeting of the company to be held 
on the day of 
and at any adjournment thereof.” 
Signed this day of .s 
62. The instrument appointing a proxy shall be deemed to confer 
authority to demand or join in demanding a poll. 
‘c 1. 
in the county of 
of the 
hereby appoint 
of 
Corporations acting by Representatives at Meetings. 
63. Any corporation which is a member of the company may 
by resolution of its directors or other governing body authorise 
such person as it thinks fit to act as its representative at any meeting 
of the company or of any class of members of the company, and the 
person so authorised shall be entitled to exercise the same powers 
on behalf of the corporation which he represents as that corporation 
could exercise if it were an individual member of the company. 
Daivectors. 
64. The number of the directors and the names of the first directors 
shall be determined in writing by a majority of the subscribers of 
the memorandum of association. 
65. The remuneration of the directors shall from time to time 
be determined by the company in general meeting. - 
66. The qualification of a director shall be the holding of at 
least one share in the company. 
Powers and Duties of Directors. 
67. The business of the company shall be managed by the directors, 
who may pay all expenses incurred in getting up and registering 
the company, and may exercise all such powers of the company, 
as are not, by the Act, or by these articles, required to be exercised 
by the company in general meeting, subject, nevertheless, to any 
regulation of these articles, to the provisions of the Act, and to 
such regulations, being not inconsistent with the aforesaid regula- 
tions or provisions, as may be prescribed by the company in general 
meeting; but no regulation made by the company in general meeting 
shall invalidate any prior act of the directors which would have 
been valid if that regulation had not been made