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BOOK 11 ?rcE 391 <br />8. This contract shall extend for a term of twenty-fire(25 <br />years from the date of the Farmers Home Administration loan closing <br />® and may be renewed or extended for such term or terms as may be agreed <br />upon by the Fire Department and the County, and may not be trans- <br />ferred or assigned without written consent. fn the County. <br />9. The party of the second part further agrees to file <br />with the County Auditor a true copy of the Articles of Incorporation, <br />existing Bylaws and any changes made thereto from time to time; <br />further, the party of the second part agrees to adopt bylaws which <br />meet all minimum legal requirements and which bylaws, in addition <br />thereto, have reasonable provisions enabling citizens of the <br />community to participate in the affairs of the corporation at <br />least an annual meeting and vesting in a Board of Directors the <br />authority to manage the affairs fo the corporation without a vote <br />of the,membership to the extent permitted by N.C.C.S. 55A, the <br />• North Carolina Nonprofit Corporation Act. <br />IN TESTIMONY WHEREOF, the party of the first part has <br />caused this instrument to be excused by the Chairman of the Board <br />of County Commissioners and attested by the Clerk of the County <br />Board of Commissioners, and the party of the second part has <br />caused this instrument to be signed in its name by its president, <br />attested by its Secretary, and its corporate seal hereto affixed, <br />all by order of its Board of Directors duly given. <br />COUNTY BOARD OF COMMISSIONERS <br />BY: <br />lCnatrman) Bertha L. Matthews <br />ATTEST: <br />® (cle <br />ATTEST: <br />K. R. Hoyle <br />Jack H. Fallin <br />Lemon Springs Volunteer Fire Department <br />t ro. epa r tmc nt, <br />By : <br />Max GT. Matthews, r s <br />