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<br />1 <br /> <br />7. <br /> <br />1 <br /> <br />ments requiring the ~eal and perform all such other duties as are incidentE <br /> <br /> <br />to the office. He snaIl be the custodian of the corporate seal. With the <br /> <br />I <br /> <br />President he shall m~ke out such reports as the law amd board of directors <br /> <br />may require. He shatl receive all monies paid to the company and same <br /> <br />1 <br /> <br />shall be deposited w~th such bank as may be designated by the board of <br />directors. He shall collect all monies due the company from assessments <br />on capital stock. I~ general he shall perform all duties th~tare <br />incidental to his oft ice and also such duties as are usually performed by <br /> <br />I <br /> <br />the treasurer of a company. <br /> <br />I <br /> <br />Section 5. Superintendant. <br /> <br />It shall be the duty of the Superintendant to supervise all officers <br /> <br />I, <br /> <br />and employees of thecornpany, and see that their duties are properly <br /> <br />discharged and report to the board of directors any negligence or mis- <br /> <br />1 <br /> <br />conduct of such officers and employees. The office of President and <br /> <br />Superintendant may be held by one person at the option of the board <br /> <br />1 <br /> <br />of directors. <br /> <br />Section 6. Tenure of office <br /> <br />~ <br /> <br />Officers of the company shall be elected for a term of one year <br /> <br />immediately following the annual meeting of the stockholders and shall <br /> <br />I <br /> <br />serve until their successors shall have been elected and shall have <br /> <br />entered upon the duties of their respective offices, providing, that <br /> <br />1 <br /> <br />any officer of the company may be removed at any time for sufficient <br /> <br />cause by a vote of the majority of the board of directors represented <br />at any regularly call~d meeting. <br /> <br />I <br /> <br />Section 7. Salaries <br /> <br />The amount of sa~ary paid to the Secretary of the company shall be <br /> <br />I <br /> <br />determined by the boa~d of directors . <br /> <br />Section 8. Bonds. <br /> <br />1 <br /> <br />The board of Directors, if they so desire, may require the secretary <br /> <br /> <br />to make and file a goOd and sufficient surety bond with the president <br /> <br /> <br />of the company for such.amount as the board of directors deem sufficient <br /> <br />I <br /> <br />to secure the company from any loss of money coming into his hands or <br /> <br />l <br />1 <br /> <br />from any wrongful act or acts of said officer and the company shall pay <br /> <br />the premium for said surety bond. <br /> <br />Section 9. AUditing Committee <br /> <br />I <br /> <br />The board of directors may appoint an auditing committee 0r may engage <br /> <br /> <br />the services of an auditor, whose duty it shall be, with such assistance <br /> <br /> <br />as may be necessary, to audit the accounts, books and records of the <br />