disqualification], if the remaining directors or trustees do not

constitute a quorum for the purpose of filling the vacancy;

If the vacancy may be filled by the remaining directors or

trustees but the board refers the matter to the stockholders or
members;

If the vacancy is created by reason of an increase in the number

of directors or trustees.

WHEN TO FILL VACANCIES?

When vacancy is due to term expiration,

- the election shall be not later than the day of corp. may be
prosecuted by or against the surviving or consolidated
corp.

. shall not be impaired by the merger or consolidation.

by the owner
OR
by a person whose act of conveying the title to them to a
purchaser in good faith for value would bind the owner and
a negotiable document of title is issued for them
THEY CANNOT THEREAFTER,

while in possession of such bailee,

be attached by garnishment or otherwise
or
be levied under execution
UNLESS 1. the document be first surrendered
to the bailee
or
2.its negotiation enjoined.

The bailee shall in no case be compelled to deliver up the

actual possession of the goods until the document is
surrendered to him or impounded by the court.