Clause 4

The quorum at all meetings of the Board shall be five members present, and no business shall be transacted unless a quorum is present.

The Chairman, or in his absence such member as the members of the Board present shall select, shall preside at meetings of the Board.

A decision of the majority of the members of the Board present and voting at a meeting of the Board shall be deemed to be a decision of the Board.

In the event of the votes for and against any question being equal, the Chairman or in his absence the member presiding at the meeting of the Board as provided in subsection (2) of this section shall have a casting vote in addition to his original vote.