ARTICLE VII 

 Quorum 



Section 1. At any regular or called meeting of the In- 

 stitute, those attending being not less than fifty, shall con- 

 stitute a quorum for the transaction of business. 



Section 2. At any regular or called meeting of the 

 Board of Directors, those attending being not less than sev- 

 en, shall constitute a quorum for the transaction of business. 



Section 3. At any regular or called meeting of the Ex- 

 ecutive Committee, those attending being not less than five, 

 shall constitute a quorum for the transaction of business. 



ARTICLE VIII 

 Officers and Directors 



Section 1. The officers of this Institute shall con- 

 sist of a President, First and Second Vice Presidents, a 

 Treasurer, Secretary-Manager and Twenty-one Directors. 



Section 2. The President, Vice Presidents, and Treas- 

 urer shall be elected by ballot at each Annual Meeting for a 

 period of one year. 



Section 3. At the First Meeting of the Institute there 

 shall be elected twenty-one Directors, seven of whom shall 

 be elected for a term of three years, seven of whom shall be 

 elected for a term of two years, and seven of whom shall be 

 elected for a term of one year, and at each succeeding An- 

 nual Meeting there shall be elected seven Directors for a 

 period of three years. 



Section 4. The Elective Officers and Directors shall 

 constitute a Board of Directors, and shall hold office until 

 their successors have been elected and duly qualified. 



Section 5. The President and six of the Directors shall 

 constitute an Executive Committee. The appointment to 

 the Executive Committees shall be made by the President 

 at the Annual Meeting, to serve one year, and said appoint- 

 ments shall be approved by the Board of Directors. The 

 Executive Committee shall have the full power of the Board 

 of Directors save at such times as the Board of Directors 

 are in session. 



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