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» I iSISi C^uortan-adj ours* meat* j| Monday in each month at 11 ©’ clock A.M. and no farther notice! ©f such regular monthly meet lags shall be required. Special meetings shall be held whenever called by the Secretary upon ; order of the Chad man of the Executive Committee, or upon the signed order of three members of the Board* Mot ice of special meetings shall be given at least five days prior thereto by mailing or telegraphing the some to the respective residences or offices of the'Directors, but any Director | may consent in writing to the holding of a special meeting without notice, and the attendance of any Director at a special meeting shall constitute a waiver by hi®, of call and | notice thereof and a consent to the holding of said meeting and the transaction of any corporate business thereat. A ll regular meeting® of the Board of Directors ? ah all be held at the general office of the Company in the City of Los Angeles, State of California. Special meetings of the Board j of Directors may be held at the office of the Company at Los Angeles, California, or at the office of the Company in the Town of Las Vegas, County of Clark, State of Levada. Section 3. A majority of the directors in office shall eonetitute a quo run at a ll meetings of the Board, I f a quart® be net present'at any meeting, a majority of the director® present may adjourn the meeting until a later day or hour, and & minute of such adjournment shall be entered on the records by the Secretary* Chairman of meet­ings* Section 4, The Chairman of the Executive Committee shall preside at a ll meetings of the Board of 'Directors at which he shall be present, and in the absence of the Chair­man the Board shall appoint one of their number to preside. At meetings of the Board* business shall b© transacted in such order as the Board may determine. \S" ARTICLE I I I . Executive Committee* Humber, Section 1. The Board of Directors shall'.elect from tenure and their number at the firs t meeting of the Board after the powers* annual election, or as soon thereafter as possible, an Exe­cutive Committee of three members, including a chairman to be elected by the Board, whose terns of of lice shall con­tinue during the pleasure of the Board. The Executive Commits tee shall, when the Board of Directors is not in session, have a ll the powers of the Board of Directors to manage and direct a ll the business and a ffairs of the Company, in such manner as said Committee shall deera best for the Company’ a | interests, in a ll cases in which specific directions shall not have been given by the Beard of 'Directors, The Commit* | tee shall keep a fu ll and accurate record of a ll its acts and proceedings and report the same from time to time to the j j Board* Meetings. Section 2. Regular meetings of the Executive Commit-