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<br />Page -3- <br /> <br />Section 3: Vice President <br /> <br />The Vice President shall perform all the functions belonging to the office <br />of the President in the absence of the President from the county or from a <br />meeting, and he shall perform all other duties that may be required of him <br />by the Board of Directors. <br /> <br />Section 4: Secretary <br /> <br />The Secretary shall give due notice of all meetings of the stockholders and <br />of special meetings of the Board of Directors, he shall prepare and keep <br />proper books of record for the business of the company and other books as the <br />Board of Directors may prescribe, all of which shall be kept at the office of <br />the Secretary; he shall hold all records, securities and papers belonging to <br />and in the custody of the Company, subject to the order and direction of the <br />Board of Directors. He shall countersign and register all certificates of <br />stock and other documents requiring the signature of the Secretary, attaching <br />the corporate seal of the Company to all instruments requiring the seal and <br />perform all such other duties as are incidental to the office. He shall be <br />the custodian of the corporate seal. With the President, he shall make out <br />such reports as the law and Board of Directors may require. He shall receive <br />all monies paid to the company and same shall be deposited with such bank as <br />may be designated by the Board of Directors. He shall collect all monies due <br />the company from assessments on capital stock. In general, he shall perform <br />all duties that are incidental to his office and also such duties as are <br />usually performed by the treasurer of a company. <br /> <br />Section 5: Tenure of office <br /> <br />Officers of the company shall be elected for a term of one year immediately <br />following the annual meeting of the stockholders and shall serve until their <br />successors have been elected and shall have entered upon the duties of their <br />respective offices, providing, that any officer of the company may be removed. <br />at any time for sufficient cause by a vote of the majority of the Board of <br />Directors represented at any regularly called meeting. <br /> <br />Section 6: Salaries <br /> <br />'The amount of salary paid the Secretary of the company shall be determined <br />by the Board of Directors. <br /> <br />Section 7: Board Member expense <br /> <br />Any officer of member of the Board of Directors shall be entitled to per <br />diem and mileage expense while conducting the affairs of the Company. <br /> <br />Section 8: Bonds <br /> <br />The Board of Directors, if they so desire, may require the Secretary to make <br />and file a good and sufficient surety bond with the President of the company <br />for such amount as the Board of Directors deem sufficient to secure the com- <br />pany from any loss of money coming into his hands or from any wrongful act <br />or acts of said officer and the company shall pay the premium for said surety <br />bond. <br />