68The 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.
69The remuneration of the directors shall from time to time be determined by the company in general meeting.
70The qualification of a director shall be the holding of at least one share in the company, and it shall be his duty to comply with the provisions of section seventy-three of the Companies (Consolidation) Act, 1908.