07/23/1990 BOARD OF SELECTMEN Minutes

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I y 3 SPECIAL PROVISIONS ARTICLE STI other lawful provisions for the conduct and regulation of the business and affairs the Corporation, for its Voluntary dissolution, or for limiting, defining or regulating the powers of the Corporation, or of its directors or stockholders or an class of stockholders are as follows: (a) All corporate powers of the Corporation shall be exercised by the Board of Directors except as otherwise provided by law, In furtherance of and not in limitation ofthe powers conferred by statute the -Laws of the Corporation may provide that the Board f Directors may make, amend, or repeal the By-Laws, in whole or in part, except with respect to any provision thereof which by law or the By-Laws requires action by the stockholders and subject to the power of the stockholders to amend or repeal any By-Law adopted by the Board of Directors. b Meetings of the stockholders may be held anywhere in the United states. c The Corporation may be a partner in any business r enterprise it would have power to conduct by itself. The directors shall have the power to fix from time to time their compensation. e) No person shall be disqualified from holding any office by reason of anyirinterest, In the absence of fraud, any director, officer or stockholder of this Corporation, individually, or any individual having an interest in any concern which is a stockholder of this Corporation, or any concern in which any such directors, officers, stockholders or individuals have any interest, may be a party to, may be pecuniarily or otherwise interested in, any contract, transaction or other act of this Corporation, and; 1 such contract, transaction or act shall not be in any war invalidated or otherwise affected by that fact; no such director, officer, stockholder, or individual shall be liable to account to this Y i aS r