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260 BY-LAWS

OF THE

MINNEAPOLIS SOCIETY OF FINE ARTS

OFFICERS Section 1. The President and Vice-President shall be elected by the Board of Trustees from among their own number. The Secretary and Treasurer shall be elected by the Board of Trustees, but need not be members of the Board.

Each of such officers shall hold office for one (1) year from November first to November first and until his successor shall be elected and shall assume his office.

In case of the death, resignation, removal or refusal to serve of any officer, the Trustees shall have power to fill the vacancy so created.

Section 2. The President shall preside at all meetings of the corporation or Trustees and shall, from time to time, bring to their attention such subjects as in his opinion require action or are worthy of consideration. He shall execute all contracts and instruments on behalf of the corporation.