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vi".... ~de:lu.. &..')(i (W,4 or ~ ..u1.&nt ~f't'1.arit-ll ~ ..u"tAnt tr'tlIuur"N, Two ()C It\<)re ~ UWIIi'
be ~ld b)' t.~ MaW p"nO(l, u.~ ~t where the 0.... 01 pnQtlernt and Hc",..Ary 5.J'W twid by \he am,.
J.W!f"$l.lIl, 5u\:n pot~l shall not hold any othft. C&e,
S<<H-w 2. ~ bos.rrl {If ~t.ufll at its ill''lI! nwte-tins .ttn t1ll:h APJl'.ui Illft'tintl of .tuc.'lLhold.-rs ,haU
dOl.lOIW It prn.K1'tfl\ from amou, U. d;NJl(:wn. Iilf~ .ball {h'Jo8le {)l1C! or morl! vii;'4!.prft,iotPZll$. ,. ~ry
and a t:r..."urer, nLtr\e' "Ii whom DC<<I be . mt'm~r of the ~,
S~dh')ll 3. The ~rd (If diJ'9oCi.ol'lll may Jippol.nt lu~h ot.!'Wr "ffic~f"Ij find "iC~nts as It ~..1l d~m ~
N.ry who shall hokll~lr .)ffk'ell lor l\K'h t~r!H..~ and .h.laU t'Xf!rctse tlUc:h P')Wt"U an;l pnf()~-m ftuch du:~
a!, st~U be d~tt'tfnine-tl hum tln14 \0 tw;e b)' th~ boAi'd.
~tJon 4, The ~1.IIn~ (,f aU offic."",n and ~nt.il of the C'{lrpuratk\!: :;h.1I he ftx~ b).' J.h~ board of
dtl,~t(JrJ,
S<<tlun ~, The oltk~03 01 t,,", ~lrporatl<)n ~H hokJ utlk~ ~tJl thtti. !iUl'('~ il~ chown Ilnr:l
qu;.l.ifl,', An)' "ffk't'r l'!~h..J or .ppoUllt!'\i by t~w bo.ird ,-)f dlr-ecton Ht.tlY l~ rt'movt'd at Any tlm~ by lh~
..ffinn~tlH' vote ~lf illla),'f It)' of ~ ~nt of dirt><tvra, Any vacaO('~' f)(Xmrmg in any ,.>lIke of lh~ corpt.,ra-
Bon "h.lI ~ fillt'd by the bo&:-tl t.'{ dl.redol1l_
THE PR~mE.l"'T
~!IOIl 6, The p:t'Sident .t..1I be Lh", ('hid t'."~culivt' officN of lht! C'Or'porat!<m, !ihall prntide at all
m~tJngs o! the !ito'l'ldwldHi and the board of dJr<<hm'l. ,.}all have fiC'Ilt'Htl ilnd a~th.-e rnan~m.t-nt of
the bu~lftf'U of the l:(npoutiOn and ~hAl! ~ thAt aU (lrd~rIl itlld r~lutl<Jn.. 01 ~he bc.....rd of dlrr.<krs are
l'arrit'li Into e-fi<<,t.
SectWtl 7, He !lhloU t'Xt'\'ut~ bonrls, mortgigf'll find oth;t>r cc.ntra~t-, Tt'<lulrlni( ill 81"-1, undt'T th~ ~at of
tht> l'ofp(\n.lwn, f!~l.:ept whl.'re ~UlTt'd or ~nniltoxl by law to bt- (Ith(<fwi~ sign.e>d and elle\:ulE'(! and
e);,(....pl wh~ri' the ill~ninl( and u~'u\ion IherNf &h...1l be ('xpre~ly d~I~~~!t.J b)' the bo4rd of dlft'(;h>N to
l-Omt' otht'r offi('~r or a~ent of the {''J.Ji'plJratkm,
TlU: VICE-PRF:SIDf:N"l'S
~tlon 8, Th~ V!.:t'.prt'.\j,il!'nt, (Jr if there slu\\1 bE' more than ont', th~ vil:l:'-pr<<identi in Hit' ordt'f
d(OIt'f111111C..J by tht' b'-'<lrd of dlte-d~ln, ~ha!l. ili th~ al~en\:e ur di~blhly Ql lh~ pn-sldt'f\t, ptttfo:-m Hw dUll"
flnd t'll:U\'I.<sP. the P')WNS of lilt! pn.'~ud(.-nt ..nd shall Po\!l{.;flll 6udl otht'J< dutil'S and hav{> Isuch olh~r flOWHI'
M the boani of dnt'\:l.,)f'3 may from lune It) tune presctil:>e.
THE Sl':CRf:TAHY AND ASSISTANT SECRl-':TAHIES
&<<':ltQn 9, ThP. I.-CCretllr)' ,,}....JJ aHeml alllllt't'tHlis of the board Il! dltC'Ctors and /ill m~~tlfjti!i of !he
!;toddlO!dus and fe\:1.lrd alllh~ proc~lIlKs of the mt'etinf,~ of tht, "'fJxJratlOn llnd of th~ b.,>anl.:.f dlr<<lon
in a book to ~ kept for thilt purt:-'(l5~ tlnd ~h~1I ~X'rfonn Ilk.... dlJtl~lJ f,)f the slandmg comrlllt!~ whtn
I~~uireJ, He f<fl&ll ,,,,..e, O~ COAlUe to b>(' Kivl'll. nollC'e of all lileNIlI&~ of the flt~"i:kholdt'fs Dud llped.ai I!lt"t't<
i.ng., ot tht- board of dire{torB, and lihall pt'rfoflll ~u('h \1lh~r JUlie<} a~ ITl.ay be prt"$Cfill't'd hy th~ bo.ttd of
dlrei::lors or pTMident. und('r who'rc !>\IiX'rvL~lon lw shalll)!'. lit' ~hall ke-ep in ~f~ nutO\.iy lht' !cal of th~
('(),porahon and, whIm tlulhQrillXI by the b'-liHd of dlU:'Ci'Ju. aflix !h~ ....me to fillY instrument requiring it
a..,d, when !O Jiffixed, illlhflll ~ atlc!tt'J by hiS !lgnatvre or by the s.lgfliiture olar: il_uhtant lit'CrfOtMY.
~tion 10. The assi5!.ant ti<<,r~tary, or If thnt- be more than tlilt'.the a5.~I~tanl ~("<Tt,tuiN HI th", order
deterrrJned by' tht.' bC'1llrd :J! dir~tors, ;;hall, l!\ th~ Q~{>n((' or dlJl.iibllHy of tot' s<<retarY,I"f'rf<:,rn) tht' dut;es
......d e)(efC~ the powers ot the it:-cft'lary and lIhllll r~ dOl ill !lU!:n other dutIu And hav~ such ot1wr f.lOIoI;!':-ts
lU tM lX<i\rd of dir<<-tot!l may froom time ti) tHnl! pft'$Crilx.
THF: THEASUREH AND ASSISTAl'iT l1U:AStJIH":RS
Se<:tlon 11 The tC('MUTer t;hftll }liiVl' !he C\.!slody of tht' C<I"'pMiltc funo!> ..nd ~<<un!l('~ and shall kt'.:p
full p.nd iH'(Utat~ accounts of ft'(:t'ipt~ and (k,,!:l!jt:.emcnls III books bt:k<nging to the ,Cll":.lH:!wn o'>fld ~hilli
d......'lSH "I! ;r;oney~ alld other valuable df...d$ In th~ nal1\~ and III the cr~,h! of th<.' corponHion in SUdl d~
p<>.!lHorief! lU mny h~ dt.~i~n&ted by th~ bo.ard of dirNtOnl
&-ttlOn 12, He dw!l disbul~ th{' !und~ ot thf' <,orpunHwn iH may he ordNE'd hy !bt' hoat'd (,f
dladon:. taking proF"'r vow:hl."r:i hr SUdl di,h\JrH';;H."nt~, and !!hall rendf'r t.' tht> !-H'i':sicl!'nt and the.>
hoard of dir-€'(:i.,u, at its t1'jZuliit Il'iHtlng.'l. or wh::n thv ix)ard of din-dOll! l!<I:l H'<l\JlfU, llfl aCC;:iUnt of aU
hltI il'illUadlon, 6.'> th'a!\\lfU and (II the (irlJ3nc!ill n:n.dili(lJ. of the .;oq,)Qutwn,
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