HomeMy WebLinkAbout2251as required by law; be custodian of the corporate records and of the seal
of the corporation and see that the seal of the corporation is affixed to all
documents, the execution of which on behalf of the corporation under its
seal is duly authorized in accordance with the provisions of these By-Laws;
and in genera2 perform alt duties incident to the office of Secretary and
such other duties as from time to time may be assigned to him by the
President or by the Board of Directors.
. SECTION 9. ASSLSTANT TREASURERS AND ASSLSTANT SECRETARIES.
Zf required by the ~ioard oi i.~irectors, the Assistant Treasurers
shall give bonds for the faithful discharge of their duties in such sums and
with such sureties as the Board of Directors shall determine. The Assist-
ant Treasurers and Assistant Secretaries, in general, shall perform such
duties as sha11 be assigned to them by the Treasurer or the Secretary or
by the President or the Board of Directors.
ARTICLE V `
Committees
SECTION I. COMMITTEES OF DIRECTORS.
The Board of Directors, by resolution adopted by a majority of
the Directors in office, may designate one or more Committees, each of
which shall consist of Two (2) or more Directors, which Committees, to
the extent provided in said resolution, shall have and exercise the authority
to contract on behalf of the Board of Directors in the management of the
corporation; but the 3esignation of such Committees and the delegation
thereto of authority, shall not operate to relieve t_he Board of Directors, or
any individual Director, of any responsibility imposed upon it or him by la-~v.
SECTION 2. OTHER COMMITTEES. -
Other Committees not having and exercising the authority of the
Board of Directors in the management of the corgoration may be designated
by a resolution adopted by a majority of the Directors present at a meeting
at which a quorum is present. Except as otherwise provided in such resolution,
members of each such Committee shall be Directors and the Chairman of the
Board shall appoint the members thereof. Any member thereof may be removed
by the person or persons authorized to appoint such m~mber whenever in their
judgment the best interests of the corporation shall be served by such removal,
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f~ :~K 351 F~«E 2247