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-3- <br /> the President and the Treasurer .shall be elected for terms of two years ; <br /> and the Vice President and the Secretary shall be elected for terms of <br /> three years. Thereafter, as their respective terms of office expire, <br /> two officers or general trustees shall be elected for three year terms <br /> at each- annual meeting. If a vacancy. (other than- a vacancy caused by <br /> removal for cause of an officer or-trustee) occurs during the term of <br /> office of any officer.. or general trustee , the remaining .members of the <br /> board of trustees shall elect a member of the association to serve for <br /> the unexpired term of the vacated position. <br /> Section 3. A general. .trustee or officer may. be removed for cause. <br /> Cause for :.removal- shall include, but shall not be limited to, the <br /> breach .of the duties;:;as set forth in Articles II and III of these Bylaws . <br /> One or- more of the trustees or officers may be removed at a meeting of <br /> the membership which is called for'-.that purpose by a 2/3 vote of those <br /> present and voting at such meeting. Notice of the meeting at which <br /> removal is to be considered shall be given to each member and shall be <br /> furnished with a statement of the particular charges at least 5 days <br /> before the meeting is to be held. At the meeting, ` the general trustee <br /> or officer shall be given an opportunity to be fully heard as to each <br /> charge. If a general trustee or officer is removed, his replacement <br /> shall be elected -at the same meeting, and such replacement shall serve <br /> out the unexpired term of the removed general trustee of officer. <br /> Section 4. It shall be the duty of .the board of trustees to prepare <br /> modes and plans for the safe and .profitable investment of the unappropriated <br /> funds of the association, and whenever- loans or investments are made , <br /> to investigate and pass upon the securities offered and to attend to the <br /> drawing and execution of the necessary papers . The board shall order <br /> an audit of the books and accounts of the secretary and the treasurer <br /> annually., according to law, and .shall submit a written report of the <br /> condition .of the. association to the members at the annual meeting. <br /> Section 5. The investment of the funds of the association shall <br /> be in the exclusive control of the board of trustees , in conformance <br /> • with state statutes . _ <br />