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<br />e <br /> <br />e <br /> <br />Section 2. TERM OF OFFICE: <br /> <br />The term of office of persons <br /> <br />serving on the Board of Directors, either as -.voting or "Ex Officio" <br /> <br />members of the Board of Directors as of the date of adoption o( <br /> <br />these Bylaws by the Board of Directors shall expire at the close of <br />the annual meeting to be held in December. The term of office of any <br /> <br />Director hereinafter elect~d shall commence on the date of his elec- <br /> <br />tion to the Board of Directors and shall end at the close of the <br /> <br />annual meeting first following the date when such Director will have <br /> <br />served for three (3) full years. <br /> <br />Nothing herein shall be construed to limit the number of terms <br /> <br />or consecutive terms during which a Director may serve. <br /> <br />Section 3. ORGANIZATION SESSION OF THE BOARD: At the place of <br /> <br />holding the regular annual meeting of the Board of Directors, and <br /> <br />immediately following the completion of all other business at hand, <br /> <br />the new Board of Directors shall convene for the purposes of electing <br /> <br />: <br /> <br />the President, Vice President, Secretary and 'rreasurer to serve for <br /> <br />the ensuing year, and at such organization session sa id new Board <br /> <br />of Directors may elect any other officers provided for under the <br /> <br />Bylaws, as amended up to the commencement of the organizational <br /> <br />session of said annual meeting. <br /> <br />Section 4. ELECTION OF OFFICERS: <br /> <br />At the Organization Meeting <br /> <br />of the Board of Directors referred to in Section 3 above, the "new" <br /> <br />Board of Directors shall elect from the voting membership of the <br /> <br />Board, a President, a Vice President, a Secretary and a Treasurer. <br /> <br />The "new" Board of Directors may elect a Second Vice President, who <br /> <br />-7- <br />