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Show ors may inact a. code of by-laws for the regulation and government of the affairs ad I business which shall not be inconsistent or repugnant to the prov~soins of theRe articles or contl'aD)" to law. T H I H TEE NTH. A majority of the Ro[·.rd of Directors shall constitute a quorum and it shall be as fully authorized to transact any business as a full Board of Directors. F 0 U H TEE NTH. The offioers of this corporation shall perform such duties as by usage appertain to suoh busil1ess and as ma;y be provided b;y the b;y-lawf@ F 1FT E ~ NTH. Any officer of this corporation ma;y be removed for o~nduct prejudicial to the interests of said corporation by two-third vote of the stockholders. S I X T. E EN T H. Any officer of this corporation may resign his office by giving the ~oard of Directors 10 days notice in writing before the same is to take effect,but it ma;y be accepted on shorter notice. S EVE N TEE NTH. Any vacancy occurring in the Board. of Direotors or any office of this corporation may be filled until the election and qualification of a sucoessor ~oard bj the of directors,or in suoh other manner as be provided in the by-laws. E I G H TEE NTH. The title of all real and personal property acquired by this corporation shall be vested in the corporation. N I NET E E NTH. The privata and individual property of the stockll olders of this corporation shall not be liable for the corporate debts and obligations. IN WITNESS WHEREOF THE part1es hereto have hereunto set their hands and seals this twelfth day of November A. D. 1903. James A. Anderson Signed in the presence of Job Pingree Joseph Williams John Watson Walter Bramwell Hyrum Pingree Adam Patterson James P1ngree State O~ Uta~ Coun~y of Yorg~n ) . .S8. 1 Job Pingree,James A. Anderson and James Pingree three of the part* es to and signors of the foreg01ng Articles of Incorporation,being severally sworn eaoh for h1mself says that he is the party to and the signor of the foregoing Artic. ! les of Incorpo~ation: That it is their boniflde intention to commence and carryon bus1ne8s ment1 +ned in the foregoing agreement And that afflants verily believe that , each ,party .to , ~a1d agreement has full~ pa1d for the amount of stock subscribed by I |
