Section 368:4 Election of Trustees.
The creditors at such meeting may elect, by ballot, 3 or 5 trustees, being creditors, and a majority, at least, residents of the state, each creditor being entitled to one vote for each $100 of his debt and having the same right to vote by proxy as stockholders of railroads at their meetings.
Source. 1858, 2100:2. GS 151:4. GL 165:4. PS 161:4. PL 252:4. RL 302:4.