Section XXII. And it is hereby enacted, that at the first Meeting of the Directors, after their election, in every

XXII. And it is hereby enacted, that at the first Meeting of the Directors, after their election, in every year, they shall choose as President from among themselves, and if the office of President shall become vacant they shall at their next Meeting choose a successor for the remainder of the current year, and that during any vacancy, or in the absence of the President, the Senior Director shall be Vice President for the time being, and that such President, or Vice President shall have the casting vote in all cases of an equal division of votes of Meetings, either of Directors of Proprietors.