Annual and Special Meetings.
The Annual Meetings of the members shall be held on Tuesday prior to the third Wednesday of March of each year at 6:00 P.M. for the purpose of electing directors, passing upon reports covering the previous fiscal year, and transacting such other business as may come before the meeting. If such Annual Meeting is omitted on the date herein provided for, a Special Meeting may be held in place thereof, and any business transacted or elections held at such Special Meeting shall have the same effect as if transacted or held at the Annual Meeting. Failure to hold the Annual Meeting at the designated time shall not work a forfeiture or dissolution of the Corporation.
Special Meetings of the members may be called by the President, by Resolution of the Board of Directors, upon written request signed by any three Directors, or by a Petition signed by not less than ten percent (10%) of the members of the Corporation. It shall thereupon be the duty of the Secretary to cause a notice of such meeting to be given as hereinafter provided. No business shall be transacted thereat except such as is specified in notices.
