◆ SpookStack

to seven, nine, eleven or fifteen * ‘The Board of Directore may have the power to increase the number of Directors S2EEETA, if they deem the interest of the corporation requires such increase. And the first or any subsequent Board of Directors may have the power to elect other members, who, on acceptance of membership, ahali Leoune ourporators equally with the origins! corporators. The Board of Directors shall bave the right to determine what amount of money paid into the treasury shall be a prerequisite for membership, or, if necessary, what amount shall be thus annually paid, and failure thus to pay shall, in the discretion of the Directors, justify the expulsion of ssid defaulting member. The term of al! officers may be fixed by the by-laws, the said term not, however, t. exemed three years. All officers held over until their suceessors are duly elected and qualified. The general welfare of society, not individual profit, is the object for which this charter is granted, and bence the members are not stockholders in the legal sense of the term, and no dividends or profita shall be divided among the members, The members may at any time voluntarily dissolve the corporation by a conveyance of its asscte and property te any other corporation holding a charter from the Rrate for the cere ame ant of indiv dal pe fit Fe: presiding Pup onto ae whe A violation of any of the provisions of this charter shal! subject the corporation to dissolution at the instance of the State. _ a... Juarter is subject to modification or amendment; and in case said modification or amendmeni vw « cepted, corporate business is to cease, and the assets and property, after payment of debts, are to be cunveyed, a» aforesaid, to some other corporation holding a charter for purposes not connected with individual profit. Acquies- cence in any modification thus declared shall be determined in a meeting specially ratte for that purpose, and only those voting in favor of the modification shall thereafter compua: the corporation. The means, assets, income or other property of the corporation shall not be employed directly or indirectly fur any ciher purpose whatever than to accomplish the legitimate objects of its creation, and by no implicates: ball possess the power to imue notes or currency, deal in currency, notes or ooln, buy or er)) products, of engage in any hie vi cradi¢g, operation, nor hald any more rea] estate than is necessary for legitimate BUI business, Frrtuion ehall be the only remedy for the nonpayment of ducs by the members, and there shall be no indi- vedo! balvhty meainal the menber: for corporate debts, but the entire corporate property ahall be liable for the