The questioned amendment of the by-laws was adopted by the corporation's board of directors on January 17, 1960, pursuant to a power conferred on it by the charter and by-laws. The amendment increased the number of directors from 9 to 13; it also empowered the board of directors to fill any vacancies in said board, which arose from any cause (including enlargement of the board), by its immediate election of interim directors to hold office until the next annual meeting of...
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