...whom five, including the president, shall be a quorum for the transaction of business, shall have full power to make and prescribe such by-laws, rules, and regulations as they shall dwrn needful and proper touching the disposition and management of the stock, property, estate, and...

...may choose a president, vice-president, and such other officers as they may d cení expedient, may make and prescribe such by-laws, rules, and regulations as they shall deem needful and proper, not contrary to the laws of this state or of the United States, in regard to the disposition...

...duties and terms of office shall be such as may be prescribed by the by-laws. Said board of directors shall have power to make and prescribe such by-laws, rules, and regulations in relation to the management of the property and affairs of the company as may from time to time seem...

...time being shall form a board or quorum for transacting all the business of the said corporation, and shall have power to make and prescribe such by-laws, rules, and regulations, not repugnant to the constitution or laws of the United State*, or of this State, as to them shall...