Annual report - The Provident Loan Society of New York

([New York, N.Y.]  Provident Loan Society of New York [etc.],  1895-)

Tools


 

Jump to page:

Table of Contents

  1920: Page 40  



the twenty-sixth annual eeport

Article XIII

By-Laws

The Trustees may make such By-Laws or Rules not
inconsistent with the Charter and Constitution of the
Society as they may deem expedient.

Article XIV

Quorum

Ten members of the Society shall constitute a quorum
for the transaction of business at meetings of the Soci¬
ety.

Aeticle XV

.....,,- ; ;    : -"-. Amendments

•\ {TillsConstitution, except Articles 1, II, and IX, all of
which are contaJEcd ,iti ihe Charter and can therefore
only be siiTgnded by g.cl of the legislature, may be
amended by the Trustees at any time by the affirmative
vote or written assent of two-thirds of their entire num-
ber^ ■ 'provided, however, that Article III shall be
amended only by the affirmative vote or written assent
of not less than thirteen Trustees, and that Articles XI
and XII shall be amended only by the affirmative vote
or written assent of all the Trustees, approved by a
majority of the members of the Society.

This Constitution, except the aforesaid Articles which
are contained in the Charter, and except Articles XI
and XII, may also be amended by the Society at any
time by the vote of two-thirds of all the members
thereof, at any meeting called for this purpose, the call
for which shall have specified any particular amend¬
ment proposed.

The members may vote by proxy on any subject re¬
quiring their action or approval.

Page Forty
 

CU<^'
  1920: Page 40