imes to the provisions tlinteuf; dro Board of Directors is cxpretsilitgthoikerd and empowered• • .(a) To make, miopiantl amend the by-laws of the CorPoratiour aubiect to the puler!, of the stockholders to shut, repeal or modify the by4aws adopted. hy the Board of Pirectom. (b) TO authorize and hive odiga