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<br />e <br /> <br />e <br /> <br />additional duties as may be prescribed at any time and from time tq time by <br />the board of directors. The treasurer shall render to the president and <br />directors an account of all such person's transactions as treasurer and of the <br />financial condition of the Issuer whenever they may request the same. <br /> <br />SECTION 3.6. Assistant Secretary. The assistant secretary shall <br />in the event of the absence or disability of the secretary for any cause <br />whatever, discharge the duties of the secretary, and the assistant secretary <br />shall perform such additional duties as may be prescribed at any time and from <br />time to time by the board of directors. <br /> <br />ARTICLE IV <br /> <br />MISCELLANEOUS <br /> <br />SECTION 4.1. Fiscal Year. The fiscal year of the Issuer shall be <br />the period determined by resolution of the board of directors from time to <br />time. <br /> <br />SECTION 4.2. Principal Office. The principal office of the <br />Issuer, at which all books and records of the Issuer shall be kept, shall be <br />Ia Porte , Texas. <br /> <br />SECTION 4.3. Seal. The official seal of the Issuer shall consist <br />of a five-pointed star surrounded by two concentric circles, the outer circle <br />hearing the name "City of La Porte Health Facilities Development Corporation" <br />and the inner circle bearing the word "TEXAS", and such seal may be impressed, <br />printed or attached to any instrument authorized by the board of directors, <br />but such seal shall not be necessary to the proper execution by the officers <br />of the Issuer of any such instrument unless otherwise specified by the board <br />of directors. <br /> <br />SECTION 4.4. Financial Report. At the first meeting following <br />each anniversary date of the issuance of the certificate of incorporation of <br />the Issuer by the Secretary of State the board of directors shall have pre- <br />pared a full and clear statement of the business and condition of the Issuer. <br /> <br />ARTICLE V <br /> <br />ANENDr-fENTS <br /> <br />SECTION 5.1. Amendments. These bylaws may be altered, amended or <br />repealed, and new bylaws may be adopted, by the affirmative vote by a majority <br />of the directors of the Issuer present at any meeting of the board of direc- <br />tors at which a quorum is present, provided that notice of the proposed <br />alteration, amendment, repeal or adoption is contained in the notice of such <br />meeting, and provided further that each such alteration, amendment, repeal or <br /> <br />-5- <br />