1885 private laws – Ch.2 Sec.7

That the president and directors of said bank shall direct when, to whom, and in what manner dividends of profits may be made, and shall be allowed to open the subscription books from time to time at their discretion, until the whole of the stucx is taken. They may call meetings extraordinary of the stockholders whenever they think proper, and shall call annual and other regular meetings of the stockholders in sueh manner and upon such notice as may be prescribed in their by-laws; and a number of stockholders, not less than five, holding together not less than one-fifth of the capital stock, may call a special meeting on giving thirty days notice thereof, printed in some newspaper published at Reidsville, North Carolina. At all meetings stockholders may be represented by proxy, and each share of stock shall be entitled to one vote.