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iV m oSfe crMeeteatr*y Inga Quorum- Adjourn­ment Slumber and Tenure - Powers Vacancies Meetings of these officers, the Board of Directors may appoint a chairman of the meeting to act in euoh event, but i f the Board shall not make such appointment, then, in the absence of these of floors, any stockholder or proxy of any stock­holder may oall the meeting to order and & chairman shall be elected* section ?„ The secretary of the Qbmpany shall act as secretary at a il meetings o* the stockholders; but in the event of his absenee the presiding officer at the meeting may appoint any person to aot as secretary of the meeting. Section 8. The representation of a majority of the out­standing capital stock of the Cbmpaay, by the holders thereof in person or by proxy, shall be requisite to constitute a quorum for the holding of any meeting of ths stockholders* except that any proportion of the outstanding stock less than a majority may adjourn a meeting from day \:o day until & quo­rum shall be present. A Majority of the capital stock represent­ed at any meeting shall be necessary to determine any question election thereat. The time and place to which any adjournment is taken shall be publicly announced at the meeting, and no further notice thereof shall be necessary. A ll proxies shall be In writing and must be on file with the secretary before the same are voted. ART10LK II Board of Directors Section 1. The general management of the business and affairs of the Company shall be vested In a Board of Directors, six In number, who shall hold office until the next annual meeting of the stockholders of the Company, and until others are duly ohosen in their place and shall have qualified. The Board shall employ such agents and servants as they shall dees advisable and fix the compensation of a ll officers, agents and employes* and may, by a majority vote of a ll the members of the Board, remove any officer, agent or employe elected or employed oy them. Any vacancy occurring in the office of dir­ector may be fille d for the unexpired term by a vote of a majority of the remaining directors* section 3 Regular meetings of the Board of Direotors shall be held on the fir s t Tuesday after the second Monday la each month at 11 o'olook A0M. and no further notice of such regular monthly meetings shall be required. Special meetings shall be held whenever oalled by the Secretary upon order of the Chairman of the Executive Cbimnittee or upon the sl^aed order of three members of the Board0 Hotloe of special meet­ings shall be given at least three days prior thereto by mail­ing or telegraphing the same to the respective residences of offioes of the Directors, but any Director may consent in writing to the holding of a special meeting without notice, 3 o