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. . transacted at any special meeting except as shall be mentioned in said publication and written notice. If requested by the person or persons lawfully calling such meeting, the secretary shall give notice thereof at the corporate expense. Section 5. Closing of Transfer Books or Fixing of Record Date. For the purpose of dete~ining shareholders entitled to notice of or to vote at any meeting of shareholders or any adjournment there- of, or in order to make a determination of shareholders for any other proper purpose, the Board of Di~ectors may fix in advance a date as the record date for any such determination of shareholders, such date in any case to be not more than fifty (50) days and, in case of a meeting of shareholders, not leSs than ten (10) days prior to the date on which the particular action requiring such determination of shareholders is to be taken. If no record date is fixed for the determination of shareholders entitled to notice of or to vote at any meeting of shareholders, the first date on which such notice of a meeting is mailed shall be the record date for such determination of sh8reholders. When the determination of shareholders entitled to vote at any meeting of shareholders has been made as provided in this section, such determination shall apply to any adjournment thereof. Section 6. Votinq Lists. The officer or agent having charge of the stock transfer books for shares of the corporation shall make, "at least ten (10) days before each meeting of shareholders, a complete list of the shareholders entitled to vote at such meeting or any ad- journment thereof, arranged in alphabetical order, with the address of and the number of shares held by each, whiCh list, for a period of ten (10) days prior to such meeting, shall be kept on file at the principal office of the corporation, and shall be subject to inspec- tion by any shareholder at anytime during usual business hours. Such list shall also be produced and kept open at the time and place of the meeting and shall be subject to inspection of any shareholder during the whole time of the meeting. The original stock transfer books shall be prima facie evidence as to who are the shareholde~s entitled to examine such list or transfer books or to vote at any meeting of shareholders. Section 7. Quorum.. ~ (a) Shareholders hOldin~ne~f~nr~f the outstanding shares of the corporation who are represented in person or"by proxy shall constitute a quorum. In the event the Articles of Incorporation require a greater number of shares to be represented in person or by proxy for any particular purpose, the Articles of Incorporation shall govern only that particular purpose. (b) If less than one-fourth of the outstanding shares are represented at a meeting, a ~ajority of the shares so represented may adjourn the meeting from time to time without further notice. At such adjourned meeting at which a quorum shall be present or represented, any business may be transacted w~ich might have been transacted at the meeting as originally notified. Shareholders present at a duly organ- ized meeting may continue to trapsact business until adjournment, not- withstanding the withdrawal of ePough shareholders to leave leBs than a quorum. (e) If a quorum is present the affirmative vote of a majority of the shares represented at the meeting and entitled to vote on the subject matter shall be t~e act of the shareholders. Section 8. Proxies. At all meetings of shareholders, a shareholder may vote by proxy executed in writing by the shareholder or his duly authorized attorney ~n fact. Such proxy shall be filed with the secretary of the corporation before or at the time of the meeting. No proxy shall be valid after eleven (11) months from the date of its execution unless otherwise provided in the pro~y. In the event shares are helc jointlY, on~ joint owner may sign su~h proxies for the other joint owners. -2-