Section 2. Election of Directors. The term of office of a director 

 shall begin immediately upon his election at the annual meeting of 

 the membership. Each director shall hold office until his successor 

 is elected at the annual meeting of the Association, or until he 

 V7ithdraws from membership, becomes disqualified or is removed from 

 office, whichever shall first occur. 



Section 3. Election of Officers. The Board of Directors shall meet 

 within ten (10) days after first elected and within ten (10) days 

 after each annual election, and shall elect by balloting a President, 

 Vice President, Secretary and Treasurer, each of whom shall hold 

 office until election and qualification of his successor, unless 

 earlier removed by death, resignation, or for cause. 



Section 4. Vacancies. Whenever a vacancy occurs in the Board of 

 Directors other than from expiration of a term of office the remaining 

 directors shall appoint a member satisfactory to the member represented 

 by the vacated directorship to fill the vacancy until the next regular 

 meeting of the members. 



Section 5. Board Meetings. In addition to meetings mentioned above, 

 regular meetings of the board of directors shall be held at such 

 other times and at such places as the board from time to time may 

 determine. 



Section 6. Special Meetings. A special meeting of the Board of 

 Directors shall be held whenever called by the President or by a 

 majority of the directors. Any and all business may be transacted 

 at a special meeting. Each call for a special meeting shall be in 

 writing, signed by the person or persons making the same, addressed 

 and delivered to the Secretary, and shall state time and place of 

 such meeting. Upon signing of a waiver of notice of meeting, a 

 meeting of the Board of Directors may be held at any time. 



Section 7. Notice of Board Meetings. Notice of regular or special 

 meetings of the Board of Directors shall be mailed to each director 

 at least four (4) days prior to the time of such meeting or by per- 

 sonal delivery of notice at least six (6) hours prior to the time of 

 such meeting, or by personal telephone call to each director at least 

 six (6) hours prior to the time of such meeting, provided that at 

 the time of such personal delivery or telephone call said director 

 is within one hundred (100) miles of the place where said meeting 

 is to be held. 



Section 8. Compensation. Members of the Board of Directors shall 

 receive no compensation for their services. 



Section 9. Quorum. Two thirds of the Board of Directors shall 

 constitute a quorum for any meeting of the Board. 



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