HomeMy WebLinkAbout1007 3. Consideration of communications;
4. Resignations and elections;
S. Reports of officers and employees;
6. Reports of committees;
7. Unfinished business;
8. Original resolutions and new business;
9. Adjournment.
Section 10. Annual Statement: The Board stall present, no
less often than at the annual meeting, a full and clear staternent
of the business and condition of the Association, including a
report of the operating expenses of the Association and the
assessments paid by the members.
ARTICLE III
OFFICERS
Section 1. Executive Officers; The executive officers of
the Association shall be a President, Vice-President, Treasurer
and Secretary, all of whom shall be elected annually by tt~e Board
of Directors. Any two of said offices may ~e united in one
person, exce~L that the President shall not also be the Secretary
or an Assistant Secretary of the Association.-The President shall
be a director ex officio, unless elected to the Board. If ttie
Board so determines, there may be more than one Vice-President.
Section 2. Subordinate Officers: The Board of Directors
may appoint such other officers and agents as they may dee,n
necessary, who shall hold office during the pleasure of the Board
of Directors and have such authority and perform such duties as
from time to time may be prescribed by the Board.
Section 3. Tenure of Officers; Removal: All officers and
agents shall be subject to removal, with or without cause, at any
time by action of the Board of Directors. `Phe Board may delegate
powers of removal of subordinate officers and agents to any
officer.
Section 4. The President:
(a) The President shall preside at all meetings of the
members and Directors; he shall have general and
~ active management of the business of tt~e
I Association; he shall see that alt orders and
resolutions of the Board are carried into effect;
he shall execute bonds, mortgages and other
contracts requiring a seal, under the seal of the
s Association; tt~e seal when affixed shall be
i attested by tt~e signature of the Secretary;
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E (b) He shall have general superintendence and direction
cf 311 the other officers of the Association, and
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:~c:__li see ttyat tic~ir duties are uerforr~ed
pr~~erly;
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