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HomeMy WebLinkAbout1878 as~ inaurr~d, •xa~pt in suoh ou~s Mh~r~in th~ disrctor or oilia~r - i• adjudqed quilty o! willlul misl~a~ana+ or malleaaanc~ in th~ psrtora~nae ot his duti~s~ provid~d that ia ths swnt o~ a s~ttlsant the indaeoni~icatioa harain shall apply only ~rh~n tha board o! di.raa- tor~ approv+ss such eettlemsat and reimburaemsnt aa be1Aq for the best iatere~ta o! the ~seociation. Tha loregoinq riqht of indemniti- cation ehall be in addition to and not exclu~ive of all othar riqhte to which such director or officer may be entitl~d. . ARTICLB VIZI BY.... L~li8 The lirst BylaWe o! ths l?esociation shall bs adopted by the board~of directora, and ~say ba altered, a~oended or rsscindsd in the manner provided by the BylaMS. - . ARTICLB iX A[KEND~iT'S - ~ lh~sndmeats to the Articles of incorporation ahall be proposed i ~ E and adopted in the follaaiaq n~anner: ~ ~ 1. Notice ot th~ •ubject nattar o! a praposed a~oen8ment ~ ~ F shall be included 1A the notics ot any meetinq at which a propo~ed awendmsnt is considared. 2. A reeolution approvinq a propoeed amen~nent may be pro- poeed by either the board ot director~ or by th~ ~aembers of tha ~ ~ ~ ~ ~ ~ ~ ~ ~ ~6 _ ~ - ~ . ~ • ~ . • - ~ ~ ~ ~ .3~ ~ a _