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56 <br />(b) Three (3) members appointed by the Board of Aldermen of the City of <br />Sanford; <br />(c) One (1) member appointed by the Board of Commissioners for the <br />Town of Broadway, N.C; <br />(d) The President of Central Carolina Community College, Sanford, NC, or <br />if the name of the college be later changed, then the president of such <br />successor institution shall be a member by virtue of holding said office; <br />(e) The President of the Lee County Committee of 100, Inc. appointed by <br />the Board of Directors of the Lee County Committee of 100, Inc. or if the <br />name of the corporation be later changed, then the president of such <br />successor corporation shall be a member by virtue of holding said <br />office; <br />(f) The Superintendent of the Lee County Board of Education; <br />Any resident of Lee County who shall be elected a member of the <br />General Assembly of North Carolina shall be a member by virtue of <br />holding said officei- <br />(g) (h) Two (2) members appointed by the Sanford Area Chamber of <br />Commerce. <br />The terms of appointees shall be of such duration as set by the appointing <br />authority. <br />Each director shall take office at the monthly meeting of the Board of <br />Directors held in the month next following the date of his /her appointment. Each <br />director shall be a Lee County resident. <br />The appointing authority may remove any member of the Board of <br />Directors, at any time, with or without cause. <br />Section 3. Regular Meetings. A regular annual meeting of the Board of <br />Directors shall be held without other notice than this By -law, at the office of the <br />corporation upon the 244d 3rd Wednesday in the month of July at 4.39 - 8:00 a. m. <br />The Board of Directors may provide by resolution the time and place, within or <br />without the State of North Carolina, for the holding of additional regular meetings <br />of the Board without other notice than such resolution. <br />Section 4. Substitute Annual Meeting. If the annual meeting shall not <br />be held on the day designated by these By -Laws, a substitute annual meeting <br />may be called in the manner provided for the call of the special meeting in <br />accordance with the provisions of Section 6 of this Article III, and the substitute <br />1► <br />