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4, \3 Presumption of Assent. A trustee of the corporation who is present at a meeting of the Board of Trustees at which action on any corporate matter is taken shall be presumed to have assented to the action taken unless their dissent shall be entered in the mi!).utes of the meeting or unless they shall file their written dissent to such action with the person acting as the secretary of the meeting before the adjournmeut thereof or shall forward such dissent by certified' mail to the secretary of the corporation immediately after the adjournment of the meeting. Such right to dissent shall not apply to a trustee who voted iu favor of such action, . .14 Informal Action by Trustees. Any action re~uired to be taken at a meeting of trustees , or any other action which may be taken at a meeting of the trustees, maybe taken without a meeting ifa consent in writing, setting forth the action so taken, shall be Signed by all the trustees, ARTICLE 5 OFFICERS 5.1 Number. The officers of the corporation shall be a presideut, a vice president, a secretary, and a treasurer, each of whom shall be a member of the Executive Committee. Such assistant officers as may be deemed necessary may be elected or appointed by the Executive Committee, but such assistant officers need not be trustees, 5,2 Election and Term of Office. The officers' of the corporation to ~ elected by and from the Board of Trustees shall be elected at the annual meeting: of trustees, Such officers shall hold office until . their successor shall have been duly elected and shall have qualified or until their death or until they shall resign or shall have been removed. 5,3 President. The president shall be the principal executive officer of the corporation and, subject to the control of the Board of Trustees: shall in gen6ral supervise and control all of the business and affairs of the corporation, shall, when present, preside at a4 meetings of the Board of Trustees, may sign, with the secretary or any other proper officer of the corpor~tion thereunto authorized by the Board of Trustees, any deeds, mortgages, bonds, contracts, or other instruments which the Board of Trustees has authorized to be executed, except in cases where the signing and execution thereof shall be expressly delegated by the Board of Trustees or by these bylaws to some other officer or agent of the corporation, or shall be required by law to be otherwise signed or executed; and in general shall perform all duties incident to the office of president and such other duties as may be prescribed by the Board of Trustees from time to time. The, president shall appoint members of all committees, subject to the concurrence of said appointments by the Executive Committee. 5.4 The Vice President. In the absence, or ill the event of death, inability or refusal to act of the president, the vice president shall perform the duties ofthe president, and when so acting, shall have all the powers of and be subject to all the restrictions upon th~ president. The vice presideut shall perform such other duties as from time to time may be assigned by the j)resident or by the Board of Trustees, 5.5 The Secretary. The secretary shall: (a) attend and authenticate the minutes of the meetings of the members and of the Board of Trustees in 'One or more books provided for that purpose; (b) see that all notices are duly given in accordance with the provisions of these bylaws or as required by law; (c) be cnstodian of the corporate records and of the seal dfthe 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;. and (d) perform such additional duties as from time to time may be assigned by the president or by the Board ofTrost;,es. . 5,6 The Treasurer. The treasurer shall giVe a bond for the faithful discharge of duties in such sum and with such surety or sureties as the Board of Trustees shall determiue, The treasurer shall: (a) ex officio, chair the Budget and Audit Committees; (b) have charge aud custody of and be responsible for all funds and securities of the corporation, receive and give .receipts for moneys due and payable to the corporation from any source whatsoever, and deposit an such moneys in the name of the corporation in such banks, trust companies or other depositaries as shall be selected in accordance with the provisions of .