HomeMy WebLinkAbout0905 :i.~s Th~ tc:r~n uc ~;~ci~ ~lir~~ct.~r~ ~~~rvic.:~ suE~j.~~t. c,c
CF?c: ~~ruvisions oi 3. ( f) ~,l~c~v~-, ~h~ll ~-xt~~r, ! unti 1 L~~~: n~::t
annual m~~eting af th~ a~cn~t~kr:. ~~ncl suF~:,~~yu~ntly until t~i:~
succ~~ssor is duly t~l~.ct~~cl ~ncl c~u~~lif i~d or until i,..~ i~. -
. renwvc;v in tl?~ IIIJ[llli'I' E.'1 ~,~whE: r~ F.r~~v id~~l.
3.4 Thc~ orc~,,nir~,ti~~n ~n~~~ting oi ~ n~~~vly-~~lec t~~~1 Lc,~r~! of
Uir~ctors sh~ll h~ held v,ithin t~n ( l0) oc tt..~~~ ~ l~ction
at such plac~ ar~d ti~uc: shdll 1.~ f ix~:cl by thv Ui r~~c tor:, <<t `
~
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th~ ~~~~::tiny at which thay w~,r~ el~ct`d~ an~i r~o fw th~-r notice
of the organization ~neetiny 5ha11 be nccessury. ~
3.5 t~eqular mec~tinqs of thc: t3o.,rd of Gir~ctc r~ ,nuy b~~
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he.ld a t such time anci pl~ce ~s shall t,~ dc t~rminec~, 1 rc.:n time
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to time, by a m~jority oC tht~ directors. IJcti~e c f r•~c~ular
meetings shall be yiven to c:zlct? director, E~`rs~~nally ~i t~y mail,
~ talc.~phone or telegraph, dt l~ast thr`t> (3) days pi ioi to tlie
~ day n~med for such m~etirig.
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3.6 ~E~~~ci~,l ~ne~.tin~~s ~f th~~ .lircctors ~nay b~ ~.~:ll~:ct i~y
' ~ - e a a ~ •r
the I r~sid nt nd must b~ c ll~.d by th~ S~ .r~t.~ry dt tt,_ writtan
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i r~:quest of one-third of Lhe clirecturs. Nc.t less t.h.~n thr~~. (3) €
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days nuticr~ of the m~etinc~ st~~ll ba yiv~n E~~rsona] ly ~~i by mail, ~
~
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telephon~ ar t~ leyraph, wt?icl? notice sh~ll s ta te ~ h~ ti:r?E: , place
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; ~nd Nurpos~ of the me~ting, f
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3.7 W~iv~:r of noticc:. Any diractor ~:~uy ~v~i~•e n~si ic~: of a -
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mc.~eting befare or di ter the rn~:-etin~ ~nd such w~iv~ r:,t~~:1] i~~.
~ deerned i:quivalent to the: yiving of notic<>,
~ 3.8 A yuorurn at directoi-s' meetinys ~i?~ll c~.n~i :.t c:f a
~ n~~jority of the Lntire E3o~rd of Uirectois. Ch~~ ~c t~ ~F r~r~~~._d
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~ by a majority ~f thosc prc:sent ~L ,j neetin~~ at µ~h; ct~ ~:;uorum
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is pres~nt shdll constitut~ tt~e ~c ts of tt~:, f3o.~re~ or :~i rE~c tors,
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~xceF>t a•~hen aE~provol t~y gr~~~tei nu~s~ber c,r dir~c~.or:, i~
' rcquirad by the Uccl;~ratic~n c,i Cc~n~~o~nii~iuir~, th~~ A. ticlc~s ot
~ Inc~rporation, or th~:s~ by-L~~v:~.
.
3.9 Ad_journf~d ~nc~etinqs. It ~t ~r~y ri; c ting ~~f tt?c ESG ir~ of
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Directors there b~ less ti~an ~ qucru:~~ ~.r~~.~.r~t, th~• ~n~ j: ri.ty of
- thost.: present m~y ~djourn th~~ ineE~tiny t ror~? tim~~ t<, ti:uE~. ~Jo
further notice n~~:c~ k~e yiv~n of .~n ~1jo~~rr~~•~ «~,.c:t.r~~~_
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_ eoox 223 PACf 905
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