R-1984-02 - Laserfiche WebLink

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e e . . performance of the duties of their office and for the restoration to the Issuer, in case of the death, resignation, retirement, or removal from office of such person, of all books, papers, vouchers, money, and other property of whatever kind in such person's possession or under such person's cont.rol belonging to the Issuer. SECTION 3.2. President. The president shall preside at all meetings of the board of directors. The president shall be chief executive officer of the Issuer and, subject to the control of the board of directors, shall have general charge and supervision of the management of the affairs of the Issuer. The president shall see that all orders and resolutions of the board of directors are carried into effect. The president shall sign and execute all legal documents and instruments in the name of the Issuer when authorized to do so by the board of directors, except when the signing and execution thereof shall be expressly delegated by the board of directors to some other officer or agent of the Issuer. SECTION 3.3. Vice-President. The vice-president shall, in the event of the absence or disability of the president for any cause whatever, discharge the powers and duties of the president, and the vice-president shall perform such additional duties as may be prescribed from time to time by the board of directors. SECTION 3.4. Secretary. The secretary sha 11 have charge of the records and correspondence of the Issuer under the direction of the president. The secretary shall give notice of and attend all meetings of the board of directors and shall take and keep true minutes of and recor~ all votes cast at such meetings. All such records, correspondence and minutes shall be open at all times to inspection by any director and by any representative of the City of La Porte, Texas. The secretary shall also discharge such other duties as shall be assigned to the secretary by the president or the board of directors at any time and from time to time. SECTION 3.5. Treasurer. To t.he extent not otherwise provided in any resolutions of the board of directors relating to the issuance of bonds, debentures or notes of the Issuer or instruments authorized by the~board of directors to provide security therefor, the treasurer shall have the custody of all the funds and securities of the Issuer; shall deposit the same to the credit of the Issuer in such banks or depositories as the board of directors shall designate; shall keep proper books of account and other records showing at all times the amount of the funds and other property belonging to the corporation and of all receipts and disbursements of the Issuer, all of which books shall be open at all times to inspection by any director and any repre- sentative of the City of La Porte, Texas; shall, under the direction of the board of directors, disburse all money and sign all checks and other instru- ments drawn on or payable out of the funds of the Issuer; and shall also make such transfers and alterations in the securities of the Issuer as may be ordered by the board of directors. The treasurer shall also discharge such -4-