Charter of Vanguard Inc.
Day 717, 18:18
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Published in United Kingdom 
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by
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by Vanguard eUK
Shareholders
1. There shall be a number of Shares of Vanguard Inc. Each share is equal to every other share.
2. Upon adoption of this Charter, several shares shall be issued to the founders of Vanguard Inc:
A. To Aelar Vardamir Anari Eneibari -- sixty (60) shares.
B. To Gordon Carter -- forty (40) shares.
C. To Gulliver -- twelve (12) shares.
D. To Mahmoud Ibn Abdullah -- forty seven (47) shares.
3. New shares must be auctioned in an open and ethical manner.
4. There shall be a public list of shares.
5. Each share shall be numbered and listed together with the number of an eRepublik citizen or organization account associated with the owner.
6. A Private Message to the "Vanguard eUK" organization from the account associated with the share shall be sufficient to change the ownership of a share.
7. Whenever a shareholder vote is called, the shareholders must be notified at least three days in advance through an article in the "Vanguard eUK" organization's newspaper.
8. Each shareholder's vote shall count for the number of shares in their possession.
9. A simple majority in a shareholder vote shall be defined as a majority of the total votes cast.
Board
1. There shall be a Board to oversee the management of Vanguard Inc.
2. Upon adoption of this Charter, the founders of Vanguard Inc. shall become members of the Boar
A. Aelar Vardamir Anari Eneibari
B. Gordon Carter
C. Gulliver
D. Mahmoud Ibn Abdullah
3. Any member of the Board may nominate any person to join the Board at any time.
4. A petition article signed (via comments) by the holders of 25% or more of the shares of Vanguard Inc. may nominate any person to join the Board at any time. The author of the petition must notify the Bursar of it to call the vote.
5. Any member of the Board may call for the removal of any member of the Board at any time.
6. To admit a new member or remove a member of the Board, the shareholders must approve in a simple majority vote.
7. The Board may adopt bylaws for Vanguard Inc. with the agreement of a majority of Board members to govern the following matters:
A. Management compensation.
B. Shareholder Dividends.
C. The acquisition or development of businesses.
D. Agreements between Vanguard Inc. and other parties.
E. The use of Vanguard Inc. products by Management.
F. The issuance and sale of shares.
G. The splitting of shares.
H. The contract which Managers must agree to.
I. The amounts of currency and raw materials that should be maintained in each company.
8. Any member of the Board may nominate any person to be hired as a Manager at any time.
9. Any member of the Board may call for the firing of any Manager except the Bursar at any time.
10. To hire a new Manager or fire a Manager, a majority of Board members must agree.
11. Any member of the Board may nominate any Manager to be hired as Bursar.
12. To hire a new Bursar, replacing their predecessor, a majority of Board members must agree.
13. The Board may propose an alteration to this charter with the agreement of a majority of Board members.
14. To confirm such an alteration, the shareholders must approve by a two thirds majority vote.
Management
1. There shall be a number of Managers who shall manage the Companies owned by Vanguard Inc.
2. Each Manager shall sign the eRepublik contract stipulated in the Bylaws to begin service.
3. Each serving Manager shall be given access to every organization owned by Vanguard Inc.
4. The Managers shall keep a roster under which Managers shall take responsibility for managing a particular company during a particular weekday. This roster shall be known to the Board.
5. Whenever raw materials are purchased, the Bursar must be notified of the amount expended.
Bursar
1. The Bursar shall maintain the list of shareholders, notify shareholders of votes, and count shareholder votes.
2. The Bursar shall keep the accounts of Vanguard Inc. and give the Board weekly reports.
3. Each week, the Bursar shall calculate the profit of Vanguard Inc. and distribute Management compensation and Shareholder Dividends as stipulated in the Bylaws.
1. There shall be a number of Shares of Vanguard Inc. Each share is equal to every other share.
2. Upon adoption of this Charter, several shares shall be issued to the founders of Vanguard Inc:
A. To Aelar Vardamir Anari Eneibari -- sixty (60) shares.
B. To Gordon Carter -- forty (40) shares.
C. To Gulliver -- twelve (12) shares.
D. To Mahmoud Ibn Abdullah -- forty seven (47) shares.
3. New shares must be auctioned in an open and ethical manner.
4. There shall be a public list of shares.
5. Each share shall be numbered and listed together with the number of an eRepublik citizen or organization account associated with the owner.
6. A Private Message to the "Vanguard eUK" organization from the account associated with the share shall be sufficient to change the ownership of a share.
7. Whenever a shareholder vote is called, the shareholders must be notified at least three days in advance through an article in the "Vanguard eUK" organization's newspaper.
8. Each shareholder's vote shall count for the number of shares in their possession.
9. A simple majority in a shareholder vote shall be defined as a majority of the total votes cast.
Board
1. There shall be a Board to oversee the management of Vanguard Inc.
2. Upon adoption of this Charter, the founders of Vanguard Inc. shall become members of the Boar
😛
A. Aelar Vardamir Anari Eneibari
B. Gordon Carter
C. Gulliver
D. Mahmoud Ibn Abdullah
3. Any member of the Board may nominate any person to join the Board at any time.
4. A petition article signed (via comments) by the holders of 25% or more of the shares of Vanguard Inc. may nominate any person to join the Board at any time. The author of the petition must notify the Bursar of it to call the vote.
5. Any member of the Board may call for the removal of any member of the Board at any time.
6. To admit a new member or remove a member of the Board, the shareholders must approve in a simple majority vote.
7. The Board may adopt bylaws for Vanguard Inc. with the agreement of a majority of Board members to govern the following matters:
A. Management compensation.
B. Shareholder Dividends.
C. The acquisition or development of businesses.
D. Agreements between Vanguard Inc. and other parties.
E. The use of Vanguard Inc. products by Management.
F. The issuance and sale of shares.
G. The splitting of shares.
H. The contract which Managers must agree to.
I. The amounts of currency and raw materials that should be maintained in each company.
8. Any member of the Board may nominate any person to be hired as a Manager at any time.
9. Any member of the Board may call for the firing of any Manager except the Bursar at any time.
10. To hire a new Manager or fire a Manager, a majority of Board members must agree.
11. Any member of the Board may nominate any Manager to be hired as Bursar.
12. To hire a new Bursar, replacing their predecessor, a majority of Board members must agree.
13. The Board may propose an alteration to this charter with the agreement of a majority of Board members.
14. To confirm such an alteration, the shareholders must approve by a two thirds majority vote.
Management
1. There shall be a number of Managers who shall manage the Companies owned by Vanguard Inc.
2. Each Manager shall sign the eRepublik contract stipulated in the Bylaws to begin service.
3. Each serving Manager shall be given access to every organization owned by Vanguard Inc.
4. The Managers shall keep a roster under which Managers shall take responsibility for managing a particular company during a particular weekday. This roster shall be known to the Board.
5. Whenever raw materials are purchased, the Bursar must be notified of the amount expended.
Bursar
1. The Bursar shall maintain the list of shareholders, notify shareholders of votes, and count shareholder votes.
2. The Bursar shall keep the accounts of Vanguard Inc. and give the Board weekly reports.
3. Each week, the Bursar shall calculate the profit of Vanguard Inc. and distribute Management compensation and Shareholder Dividends as stipulated in the Bylaws.
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Comments
I accept this Charter.
I accept this charter.
I accept this charter!
You have very high wages for a Q1 company.
You pay more for wages than Q5 companies does... that means imminent bankruptcy.