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<br />officers of the corporation shall be fixed by the Board of Directors.
<br />
<br />_ _ ~__-1___~ 1
<br />On? person may hold any two offices, except thar: no per:suu llldY <::I.LllIU...-
<br />taneous1y hold the offices of President and Secretary. In aLL ~o~tB
<br />'.;here the t:hJ.tip<; ('If 8.nv offic.er... aR~~t or employee are not prescribeci
<br />'--.. >-ho"" 12,,_1 "'.,,.. r>_-....._. b".J' t"_hpRoard of Directors.- such officer. agent, or
<br />uy ~J..~"" ""'J ......._ir-.~ - ~
<br />..l,__o'." _'ho~l1 fn110,,-.-.,t~..-.,t:>_. _C'_.r,:!~r.__c:._.And inAtructions of the President.
<br />~lLl}J.LUYCC <::Illy........ ----- -
<br />
<br />Sec. 2. ELECTION AND TERM OF OFFICE: The officers of the cor-
<br />poration shall be elecr:ed by Lil~ BOciJ.-d uf Dircctcn.-~ .Jnm.:ally at the
<br />first meeting ot the Hoard or Directors llt~lu a[tel: each annual meeting
<br />of the shareholders. It the -'election of offic@rs shctll Llot be held at
<br />such meeting. such election shall be held as soon r:hereafI::er oS ~Ull-
<br />vpnipntlv may be. Each officer shall hold office until the first of
<br />~ -~ . .
<br />the fcllmdng to n(,(,l1r~ until his successor shall have been duly elec-
<br />ted aud shall h~ve q....'-a-l-ifie-d-;- or '.1~ti1 hie;: df'ath; or until he shall
<br />r~sigll, UL uutil he shall huvc been removed in the manner nprpinafter
<br />provided.
<br />
<br />Sec. 3. REMOVAL: An offic~r or agent may be removed by the
<br />
<br />BORrd of Directors or bv the executive committee whenever in its
<br />
<br />judgm~nt rhp hp~t interests of the corporation will be served thereby,
<br />
<br />but Guch removal ~,~hall b€' t.lithnnt. nrp;ndice to the contr8ct rights.
<br />. - & owl - =
<br />-' l' ,'____~ ~,.r ""~r. ~,~-,-,~.~~ ~,-, ..-,..,.,.,.,,,,,,..,,4 ~, ,.",'1-'; ."1'" nr !'l1"'\1'\n.;nrmpnt" nf .'-In off;-
<br />.1..L ClllY, V.L L..Ll~ ~""'''''.::JLI''1. ~'"' .............-..--. -.------.....-- --..... -.~c-..;.. . ..- --- --- - ~- ~~~-~
<br />
<br />cer or CI~~[lL :slldll' fl()t -in itsel-f -cre-at-C~- ccritroct rightc.
<br />
<br />Sec. 4. VACANCIES:
<br />may be filled by the Board
<br />the term.
<br />
<br />A vacancy in any office, however occurring,
<br />ot Directors for the unexpired port.iun uf
<br />
<br />Sec. 5. PRESIDENT: The President shall, subject to the direc-
<br />;.L'V"-ll. _~.1 ~.._~____3~.!__ ~& ..h~ n",,,,.,.rl r..E n.;rp{'t-0"t"Q hp rhp "hipf pXP('l1rive
<br />.... alJ.U ~\"ly.....~V........,...\JL.......,.... .....,I...~ ___~_ __ ~------~-"'--'J - -.-~ ___0___' ------~~~~~
<br />
<br />offic~L uI t:lu:~ (;uj..-pu~atiuil and shull h~vc gcncr..11 .::;nd act!'\?e contra)
<br />of its affairs and busin~ss ollU gell€.L'al supe~cvision of ita officcrc,
<br />agents and employees. He shall, unless ocherwis~ ulL~~teJ by the
<br />Board of Directors, attend in person or by substituce appoinc@d by
<br />him, or shall execute on behalf of the corporation written i~struments
<br />Bppointine ~ p~('lxy ('lr proxie~ to represent the corporation, at all
<br />mcctingiJ of the s-to~kholders of J'lnyo.t:h~r eorporation in which this
<br />~UL~oLdtion 5hall held yny 3tcck. He may, en behalf of th~ ~0~pnr~-
<br />cion, ill lJ~L-SU11 vi: by o.ubstitu-t'e Qr-'bJ"'-pr'v~y"', Cit.ccute ~:ritten ~~J2i'Jers
<br />of notice and consents widl .n=::S}J~d.: tv any such ril,::;",tings. l,t .::11
<br />such meetings and otherwise, the PresicienL, ill }J~1.."~Oll or by substi.
<br />tute or proxy as aforesaid, may vote the Sl:ock so hl!ld uy L.ltt:: (;O.1.-po-
<br />ration and may execute written consents and other instrumenr:s with
<br />rpc:;pf'ct to such stock and may exercise any and all rights and powers
<br />incident to thE' nwnprc:;hip of said stock: subject however, to the in-
<br />structions, if .:n~l, of the Bo~rd n.f l1i~e('tors.
<br />
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