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I" 83_006089 tion to the amount they own to'the amount outstanding, in the man- nerprovided by the By-Laws. All stockholders shall be entitled to one vote for each share of stock owned. The corporation shallack,... nowledge the purchase, transfer, or assigr.ment of stock only in such' manner as provided by the By-Laws of the corporation. ARTICLE VII The annual meeting of the stockholders of this corporation shall be held on the second Wednesday of September of each year. Special meetngs of the stockholders may be called by the Board of Directors. ARTICLE VIII The business affairs of the corporation shall be managed by a Board of Directors of not less than three nor more than seven. Each director shall be elected by the stockholders in the manner provided in the By-Laws, and to hold office for a term of one year or until his successor is duly elected. The officers of the corporation shall be the President, Vice- President. Secretary, and Treasurer, and shall be elected by the Board of Directors for a term of one year. Any of the offices may be combined under one office except the offices of President and Vice-President. ARTICLE IX The Board of Directors shall hold at least one meeting a year, said meeting to be held iw.ri1edi<1tcly following the annllal meeting of the stockholders, and may bold such other meetings as !\lay be pro- vided in the By-Laws. ARTICLE X The private property of the stockholders shall be exempt from liability for the corporation's dt.lots or transactions, and the cor- poration shall have p~rpetual existence. ~ 3 ~ lC2