Agenda - Council - 06/28/1994 - Laserfiche WebLink

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MAY,] MLIM MORTGAGE 636, ?1~4 P.07/11 o~lly or by attendance. Attendance by a director at a meeting isl a waiver of notice of that meeting, except where the director objects at the beginning of the meeting to the transaction of bulsiness because the meeting is not lawfully called or convened any does not p~rticipate thereafter in the meeting. A director ma~ give advance written consent or opposition to a proposal tol be acted on at a Board meeting. (c) Oubrum. A majority of the directors currently holding office is a quorum for the transaction of business. Section 4. Order of BusinesS. The directors may from t~me to time determine th~ order of business at their meetings. The usual order of business at ~uch meeting shall be as follows: 1. Me,ting is called to order by the chief executive officer at th~ date, time, and place of the meeting. RoOl call--quorum being present; the meeting proceeds with business. Re~ding oF minutes of previous meeting and their consideration an~ approval. 5. 6. 7. Report of officers. RePort of committees. C~hsidera~ion o~ communications. Unfinished business. 8 NeW busin~.. 9. Notion to adjourn. Section 5. Except as authorized by the shareholders pursuant to a shareholder ~ontrol agreement or unanimous affirmative vote, the business and affairs ~f th=_ corporation shall be managed by or shall be under the direction of the Board. ARTICLE II~ SHARES Section I ~ssuance. Eact~ shareholder o~ the corporation shall be entitled ~o ~ certificate, to be in such form as prescribed by law and adopted by t~e Board. The certificates shall.be numbered in the order in which they are issued, shall be signed by the chief executive officer and the chie~ financial officer and shall certify the number of shares of the corporation owned by the shareholder.