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<br />. <br /> <br />. <br /> <br />ship upon such rules as may be determined from time to time by the <br /> <br />board of directors. <br /> <br />Section 3. The rights, privileges and obligations of all <br />memberships in this association shall be equal. <br /> <br />ARTICLE III <br />MEMBERSHIP MEETINGS <br /> <br />Section I. ANNUAL MEETINGS: The Annual Meeting of this <br /> <br />Association shall be held at a place and time to be designated by <br /> <br />the board of directors in the notice thereof in the month of <br /> <br />(.. ,., - <br />-Jan'u~~y of each year, commencing with the year 1974.. Written <br /> <br /> <br />notice of each annual meeting shall be given hy mailing a copy of <br /> <br />J / such. notice to each member, properly addressed and postage pre- <br />I:',' ,. <br />/! FI(;;/-.u';'c.'/"" --',"'~r" (;-':'~);::J/' ',.,-.". ..:/'._-.~I'J <br />paid, a,t-Ieastthirty-(30) . days-prior to the date of said <br />meeting. The address as recorded in the records of the Associa- <br />tion shall be the address to which the notice is mailed, <br /> <br />Section 2. SPECIAL MEETINGS: Special meetings of the <br /> <br />members may be called at any time by the president, or by a majority <br /> <br />of the directors. The president, or in his absence, the vice <br />. <br /> <br />president shall call a special meeting upon the written petition <br /> <br />of one-third of the members of the Association, Notice of special <br /> <br />meetings shall specify the business to be transacted thereat and <br /> <br />shall be given as in Section I of this Article III provided. <br /> <br />Section 3. QUORUM: That IS% of the total membership of this <br /> <br />Association, present either in person or by proxy, shall constitute <br /> <br />a quorum for the transaction of business at any annual or special <br /> <br />meeting. If such a quorum is not present, the meeting may be adjourned <br /> <br /> <br />from time to time by a majority of those present, provided that such <br /> <br />meeting may not be adjourned for a period to exceed sixty (60) days <br />for anyone adjournment. <br /> <br />- 2 - <br />