The Tiffin weekly tribune. (Tiffin, Ohio) 1859-1868, 1868-01-23

appertoiuing to his office.
10. In the absence of the Presi.
dent, President pro ten. shah be
appointed, who shall, for the time
being, fulfill AL the duties of prcsi
dent.
TREASURER.
20. The Treasurer shall receive
from the Secretary the cash collected
from members, aud bold the custody
thereofi aud shall pay all orders for
the same, which shall be duly drawn.
signed by the President, aud attestcd
by the Secretary.
2l. lie shall report the state of
the finances at every annual meeting,
aud oflenor if required, aud upon the
election ofa successor, deliver to him
all the property aud money of the as.
sociation he may hold
SECRETARY.
%. The Secretary shall keep cor
rect minutes Of the proceedings Of the
association, aud of the Board Of
Directors.
%. lie shall keep an accurate &C.
count with each member Oft assoei-
alton, and be prepared to give at all
times Information thereof arf
~. lie shall attest all orders dawn
upon the Treasurer, which shall be
ordered by the Board of Directors,
aud signed by the President.
55. He shall receive the dues for
stock, aud other payments Of nom.
berj, aud pay the same to the Treas.
uror, taking his receipts therefor.
26. Ho shall give notice Of tho
Board, aud of tho association, in such
manner as the Board Of Directors or
laws of the association may direct.
~. lie shall have charge of the
hooks and papers Of the association,
aud Of its common seal, all which he
shall deliver to his successor In office.
30. lie shall furnish at overy an
nual meeting, aud oftener il req uired,
particular statement of the accounts
and finances Of the association.
20 lie shall call special meetings
Of the Board at the written request
of two members, and special meetings |
Of tho association at tho written ro.
quest of twenty members, or at the /
order of the Board Of Directors; aud |
he shall perform such other duties as /
the Board may direct. a' -
80. Ho shall receive such compen
sation as shall be mutually agreed by |
the association and himself.
81. The Treasurer and Secretary
shall give satisfactory security for I
tho faithful performance Of their ro- (
spective duties. n ui4i g.
MEETING or THE ASSOCIATION. (
-. The annual meetings Of the
Association shall be held on the frst
Monday Of February Of each year.
Twenty five members shall DO a quo
rum at any meeting Of the associa-
tiou. f- f.r .- .r. /
80 In default of quorum at any |
meeting, the members present shall |
have power to adjourn to such time
and place as they may appoint for
another meeting.
81. Nominations for officers to be
elected at the annual meetings shall /
be made by tho membera Of the asso
citation at the stated meeting Of the
Board of Directors, held in the
month Of January of each year. m I
30, Special meetings of the asso.
cialion may be called by the Board of
Directors, or by the Society, at the
written request Of twenty members
notice Of such meetings shall be given
by at least one insertion IN the city
papers. sL.. 4ri ts.. ~
n NoTING. |
36. Each sharchold personally pre-. !
scut at an election shall be entitled /
to one vote aud no more.
81. No vote shall be given at meet. I
iugs OF the association by member
who is in arrears for dues or any
other payments; nor shall any new
member be entitled to vote until his
stock shall have stood in his own
name on tho books Of the association
at least two months prior to such
meeting. t'nq1is if
3S, The association may, at any
stated or special meeting, adopt by.
laws for the regulation aud improve
ment of its affairs and may rescind
the resolution Of the Board Of Direc
tors, SO far as the Board could itself |
justly do the same aud may also
adopt resolutions Of instruction to.
the Board Of Directors.
,"i LOANS.
80. Each share Of stock shall en-
title the holder to one loan, not ek-
ceeding two hundred dollars, upon
approved security, subject TO tho reg
ulations of the association.
40. Whenever there is on hand
any money to be loaned, the prefer.
ence for one loan shall be sold to the
member who offers to pay the highest
premium for such preference the
purchaser MAY then declare he wishes
as many more loans as he then holds
stock for, and the same shall be
awarded to hiiuo the same terms,
aud the money shall be paid from the
funds on hand, or, if that be insult.
oient, from the frat receipts thereaf.
tar propiaed, that the Directors may
before the bidding for the preference
for loan, limit the number of loans
that may bo takon by aoy one mem
Der; aud that no loan shall be made
on stock while arrears Of any kind
are due thereon! Not over ten loans
shall belawaTded on one bid, d,nasaalsi
The Directors shall give preference
70 loans for building purposes over
all others at equal pr6miuhls. sl'''
v ~, SEcURIyY ron Loans.
4l, Before any money i, paid for
loans awarded, security to the salts
faction OF the Board Of Directors
shall be piven nv tho horrower. WIN !