Miscellaneous
Provisions
Section 1. Execution of Instruments
All contracts, deeds, leases, bonds, notes, checks and other instruments
authorized to be executed by an officer of the corporation in its behalf
shall be signed by the President or the Treasurer except as the directors
may generally or in particular cases otherwise determine. Any recordable
instrument purporting to affect an interest in real estate, executed in
the name of the corporation by the President and the Treasurer shall be
binding on the corporation in favor of a purchaser or other person relying
in good faith on such instrument, notwithstanding inconsistent provisions
of resolutions or votes of the corporation or Board of Directors.
Section
2. Voting of Securities
Except as the Board of Directors may otherwise designate, the President
or Treasurer may waive notice of, and appoint any person or persons (with
or without power of substitution) to act as proxy or attorney in fact
for the corporation at any meeting of stockholders of any other corporation,
the securities of which may be held by this corporation.
Section
3. Corporate Records
The original or attested copies of the Articles of Organization, By-Laws
and records of all meetings of members shall be kept in Massachusetts
at the principal office of the corporation, the Clerk or Assistant Clerk,
but such corporate records need not all be kept in the same office. They
shall be available at all reasonable times for inspection by any member
for any purpose in the proper interest of the member relative to the affairs
of the corporation.
Section
4. Definitions
All references in these By-Laws to the Articles of Organization and these
By-Laws shall be deemed to refer, respectively, to the Articles of Organization
and the By-Laws of the corporation as amended and in effect from time
to time.
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