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<br />elected 01" appointed, and ;l.hall be "ubje...~t t~; remu\'ul at plcasUl'( Lr 1he
<br />au.thvrllY elacting toern.
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<br />SI:CTIUN Z. VACANCIES. A vacaacy la aay ofnc., the In-
<br />cumb"nt ul which i.. elected by the bOArd of Oirectur., may be fUled '" any
<br />meeloing of tho Board of Director..
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<br />SEcnCN J. PRr:SIDEN'r. ,he Pruldent .hall b. the chlof
<br />t'xec.lti....t- c""!'1'f::~[ti;;. c:ol"poration and !.hal1 pre5i.de at 3.11 mcetin~~;.:1 tbe
<br />atocltboldera and 01 the Board of Direc10r8.
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<br />Subject to tbe approval of the Board or Directors, the Preside\nt
<br />.hall "'pp:dn.t l"Uf,:h ~liUr.t'''8. othe.. th"," th.....~ N";""<<!,~ in the :5Y-!.'-\WE. <!.nd
<br />employ Iucb agentl and employees a. ma.y. in hie Judgment. b. neceaeary
<br />to conduct the bu~i.n~"1 of the i:'orp..orati-,,, ~.~-i o:Jl",,:I)n.rge tht':-:: nt pl~a.ure:
<br />. and may require from' aU olllcll!l"e. a.gl!!nts and empluyees luch r~:~~rt! ;\'.
<br />he IT'a)- Cr ;I'(!' tir';"'~ I:) .Iit-n(,~ r1~Ai ,.('.
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<br />Thf: PrC'aid(Jol rfl.Y exe..:u(r. all rr'.'p"':' 'bonds. contract.1 and otnoz.'
<br />ubllgatiun. la Ihe name of tbe corporatlun. and with the Secretary may sign
<br />,all ee 1,tHici;r.tc:; 1'1 !ihaJ'{:8 ,:.f the f;;,phAl ",t.:.ci, I.,r tnif'" (;llrf".."!'"atioa; ~h;)l1 have
<br />all pown. and perform all dutl.. Incidental to such office; and ehall do
<br />.and perfGrrn &:Ilch C'.thfl'T dutietJ ,ld nil\.)" !rorn rim..' to timo be na!ign~d to bi.m
<br />by tbe I'oard of Dil"~ctor8.
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<br />The President shall prepare and pro.ent to the Bo&!"'d of Djl"~r::t(,T!I
<br />lor 1"6 ""?pl'.,.....al a ,oer.rJrt. tl..>. th~ _Hvckn"JC~er... II! lltn r.onrlili.)7'; and S"<e!l\!1ts ui
<br />" the buslnes8 of the cor(X)ration (or each ealend:\!' year.
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<br />sr;CTION 4. VICF-PRI~SlDr.NT. In case of tbe ab.ence or
<br />inability' f th", ~':-p.si.ient tv ped:Jr;:! cny uf the ch.\tle. of his oifte". the
<br />. Vice-Preeldent .ball perform euch'dutlee. The Vlce-PreddeDt eball eleo
<br />per!o~ F\\ch ('.thcr C!\ltici'! 310 l~;ay be p.8airned to him by the B(~ftl"d of Direct-
<br />ors.
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<br />St;CrIUN 5. l'ltE'A5URER. ,h. ,nuurer shall b~ the flno.n-
<br />cia! o!!ker f.)[ the corporation and shall b..lve ehar8'e of.tl)e lunde, b<lnd.lf
<br />slock. and other eecurttiel owned by the corporation,. but be .hall make no
<br />loan ~r In'{e,tm.c.a. "iLhout the I\uthorlty ul the Board of Dlt"cctor,'t. ;.:~ shUl
<br />keep books of aCcoWlt, "bowing all recf'ipte and expendltureo. He ehall
<br />render an account to the luoclth(.ldf!lr8 at their J.nnual moetln~ tlnd to th,p Beard
<br />. of Directors wbenever requ"8ted to do 10 and his bookl IIb~ be open at all
<br />tlmeG to tnf' insp<ectlun 01 any other Q{ficer of the corporation.
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<br />',.... SEc:rW'N6; SFCl'.Y.rARY. Tbe Recret..ry "hall havr ,:"..tod,
<br />. :':,; of the SeaiaDdtiieSlock Record book, ehall keep a record of the proceed-
<br />;,.:,'.'-f..'~ln8lS..of tn" rn.,etin'ge of. the tilockholJers and the BO:'lrd ot Directors and ahall
<br />'.' <~.' ",gn in his oftlclil capacity tile record of ..11 such proceedingo. He sball give.
<br />Dotice e{ ~("P.:ttn~i"; a.ttnat all c\c.r.wflent8 requiring it. b}" hh signature nr.d the
<br />:;;-f;F}f~:,~~~.,co~p?f'at~' sear. .:a:nd'-per~rm:-~~,uCll':t!her dude'~ BY vert.in to his oiIico.
<br />. .-~;.\.;'" t~.v rif~?' ,,". ..:.....~~.. ... ~ ~.';:(;, - 0
<br />,~ ':)" ..'. SE;CTJON 1. .. I ~OOND5. F:ach officer Or ag'3nt, receiving. dh-
<br />'.1' bur.mg or bavin3 ch;;~e ,')f th~ co:.-porat!C'ln'r. ('.me's r>r "ectu1tlp.'t. ot-L'!ll. U
<br />roquired by the Board 01 Ulrectora. give bond catlefactory to the Board of
<br />Dlrectllro tor the faithful dlacharge of hi. <lutlne.
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<br />4.
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