BY-LAW NO. 4
OF
THE LINCOLN COUNTY LAW ASSOCIATION
A by-law to amend By-law No. 1 entitled “A by-law relating generally to the transaction of the affairs of the Lincoln County Law Association, a corporation without share capital incorporated by the issuance of Letters Patent on February 21, 1929”.
WHEREAS section 25 of By-law No.1 of the Cororation provides that the affairs of the Corporation shall be managed by a board of directors of twenty-one (21) directors;
AND WHEREAS section 36 of By-law No. 1, as amended by By-law No. 3 passed at a meeting of the members of the Corporation held on January 27, 2000, provides that a quorum for a meeting of the board of directors shall be ten (10) directors;
AND WHEREAS the directors of the corporation belive it to be in the interests of the Corporation and its members to reduce both the size of the board of directors and the nuimber of directors that shall constitute a quorum;
NOW THEREFORE BE IT ENACTED as a by-law of the Lincoln County Law Association as
1. THAT By-law No. 1 be and the same is hereby amended by deleting section 25 therefrom and substituting the following therefore:
2. THAT By-law No. 1 be and the same is hereby amended by deleting section 36 therefrom and substituting the following therefore:
PASSED at a meeting of the Directors of the Corporation held on January 9, 2001.
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President Secretary
PASSED at a meeting of the members of the Corporation held on February 1, 2001.
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President Secretary