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Governors and directors, or any 5 of them, may meet at any convenient place until a hall is erected,
afterwards at such hall, there to transact business as herein,
where by-laws are wanting, governors and directors may manage as herein,
and execute all powers, &c. as if the same were done by the governor, deputy gov. and company.
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XIV. And for the better ordering and managing the affairs of the said corporation, it is hereby enacted by the authority aforesaid, That it shall and may be lawful for the said governor, deputy governor, and directors for the time being, or any five or more of them, of which the governor or deputy governor to be always one, except as herein after mentioned, from time to time, and at all convenient times to assemble and meet together at any convenient place or places, until such hall shall be erected, and afterwards at such hall for the direction or management of the affairs and business of the said corporation, and then and there to hold courts of directors for the purposes aforesaid, and to summon general courts to meet as often as they shall see cause; and that the said governor, deputy governor, and directors, or the major part of them so assembled, whereof the governor or deputy governor is to be always one, except as herein after mentioned, shall and may act according to such by-laws, constitutions, orders, rules or directions, as shall from time to time be made and given unto them by the general court of the said corporation; and in all cases where such by-laws, constitutions, orders, rules, or directions, by or from the general court shall be wanting, the said governor, deputy governor, and directors, or the major part of them so assembled, whereof the governor or deputy governor shall be always one, except as herein after mentioned, shall and may direct and manage all the affairs and business of the said company, and choose agents and servants, which shall from time to time be necessary to be employed in the affairs and business of the said company, and allow and pay reasonable salaries and allowances to the said agents and servants respectively, and them or any of them from time to time to remove or displace as they shall see cause, and generally to act and do in all matters and things whatsoever, which they shall judge necessary for the well ordering and managing of the said company and the affairs thereof, and to do, enjoy, perform, and execute all the powers, authorities, privileges, acts and things in relation to the said company, as fully to all intents and purposes as if the same were done by the governor, deputy governor, and company of the apothecaries' hall, or by a general court of the same.
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