LEGAL PHASES OF COOPERATIVE ASSOCIATIONS, 65 
formed in writing of the charges against him at least (10) days before such 
meeting and at such meeting shall have an opportunity to present witnesses 
and to be heard in person and by counsel in regard thereto. 
Notre.—In some cases, especially when the board of directors is 
large, it is desirable to have an executive committee. Such a com- 
mittee can be made of the officers and one or two members of the 
board. 
ARTICLE VII.—DUTIES OF THE DIRECTORS. 
Section 1. The board of directors shall manage the business and conduct 
the affairs of the association and shall make the necessary rules and regula- 
tions, not inconsistent with law or with these by-laws, for the management of 
the business and the guidance of the officers, employees, and agents of the 
association. 
Sec. 2. The board of directors may employ a business manager, fix his 
compensation and dismiss him for cause. He shall have charge of the business 
of the association under the direction of the board of directors. 
Sec. 38. The board of directors shall require the treasurer and all other 
officers, agents, and employees charged by the association with responsibility 
for the custody of any of its funds or property to give bond with sufficient 
surety for the faithful performance of their official duties, which bond shall be 
paid for by the association. 
Sec. 4. The board of directors shall meet on the (first Saturday) of each 
month at the office of the association in the town of (Hilton, N. Y.). Special 
meetings of the board shall be held upon call of the president or upon written 
request of (three) members of the board. 
ARTICLE XIII.—DUTIES oF OFFICERS, 
SEcTION 1. The president shall— 
a. Preside over all meetings of the association and of the board of directors. 
b. Sign as president (with the secretary-treasurer) all chee ks, notes, deeds, 
and other instruments on behalf of the association. 
ec. Call special meetings of the association and of the board of directors and 
perform all acts and duties usually required of an executive and presiding 
officer. 
Sec. 2. In the absence or disability of the president, the vice DRS ome 
shall preside and perform the duties of the president. 
Sec. 3. The (secretary-treasurer) shall— 
a. Keep a complete record of all meetings of the association and of the 
board of directors. 
b. Sign (as secretary-treasurer), with the president, all checks, notes, deeds, 
and other instruments on behalf of the association. 
ce. Serve all notices required by law and by these by-laws. 
d. Receive and disburse all funds and be the custodian of all the property 
of this association. 
€. Keep a complete record of all business of the association and make a full 
report of all matters and business pertaining to his office to the members at 
their annual meeting and make all reports required by law. 
f. Perform such other duties as may be required of him by the association 
or the board of directors. 
Nore.—When the offices of the secretary and treasurer are separate, the duties 
of each should be given in different sections. 
1416—22—_5 
