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�ur�u—u o3:29PM FROM—KNIGHT PIESOLD AND CO.. 3036288789 T-697 P.004/006 F-402 3ectinn 3. The Boazd of Directors 9ha11 have tull control of all che company's business, appxwe all bonds, direct the execution of all woiks, Contract for the same, audit and pass upon all bills, @irac� tGe amount of forct to be employad, ditecc when end what work shall be employed, and ia general carry out the business of the corporation. Section 4. The Baard shall meet as often ag is necessary m properly and faithfully transact the business of tbe campany. Spacial toeetiogs of the Boatd may be held a[ any titpe as called by Cite president and secretary. A majority of the Board shall constiture a quorum for the purposcs of doing business. Section 5. All vacaacies occurring m the Board of Directrns by death, resignation or othetwise shall be filled by a vote of he majority of the remaining memhers of the Board, If no r.onsensus 'rs reached by the remaining Board memhers, they shall be required ro call a special roceting of the shareholders ta resolve the wacancy question. :�L_..,.YI► ��Y. Secrion 1. The Preaidenc shall be the chief ezavtive of the Company; he shall siga all official papers and documenu of the Company; preside as all meetings of the Boazd and suend rn all the duties such a6 t6e Board of diteaors may direc�, and he shall make an oral or written repott of all his ac�s, as such officer for the Direcoors and members. I. �;_._.!J _4!�Y 5ectiun 2. The V;c�President shall discharge all duries of the President in the absenr.e of the President, or upon his faiture m act. In casa d►e Presidenc aod Vice-President are absent or fail w act, the Boazd af Diractors may elect a President pro rempore. � .y. ?� i�>_ ��__..: Secdon 3. The Secretary-Tteasuter shall be the custodian of all moneys, bonds and nohes belonging ta the Compaay and shall pay out rhe same only o0 order signed by che President and 5ecrerary; he shall k�eep an account with the Company and himself in a book provided far that Purpose and shall make a fu1! report of the accnunts at each annual me�dttg to the Preaident, to he by tAe president included in his annual repork and in a book used solely for such purposes. The 5ecretary-Treasurer shall keep separate aczaumtc betweea the members and the Company, in which shall be shown the interest of the Company held hy each member and the amount of assessme4ts paid therenn, and shall give a report of any or alJ such matters at any dme when diruted to do so hy the Board of Direcmrs. 'The Secretary Trrasurer shall allow or permit no offsets or exchange of accouuts due to ot from �his Company but shall make all dishursements by ct�eck. Section 4, The 5eeretary-Treasurer shall keep a recard of fhe proceedings of the Board of D'¢eccors and of ffie meetings of the members; s6a11 keep the boaks and the aeal of the ComPany; he shall at�st by his sigaature and 5ea1 of the Company all offioial documents of the Campany.