Article VII

Contracts, Checks, Deposits and Funds

SECTION 1. CONTRACTS.

The board of directors may authorize any officer or officers, agent or agents of the corporation, in addition to the officers so authorized by these by-laws, to enter into any contract or execute and deliver any instrument in the name of and on behalf of the corporation, and such authority may be general or confined to specific instances.

SECTION 2. CHECKS, DRAFTS, ETC.

All checks, drafts or other orders for the payment of money, notes or other evidences or indebtedness issued in the name of the corporation, shall be signed by the secretary-treasurer of the corporation.

SECTION 3. DEPOSITS.

All funds of the corporation shall be deposited from time to time to the credit of the corporation in such bank, trust companies or other depositories as the board of directors may select.

SECTION 4. GIFTS.

The board of directors may accept on behalf of the corporation any contribution, gift, bequest, or devise for the general purposes or for any special purposes of the corporation.