The Board may appoint one or more
vice-presidents who shall perform such duties as may be prescribed by the Board
or by the by-laws.
(2)
The Board
may elect from among its members a chairman who shall perform such duties as
may be prescribed by the by-laws.
(3)
The Board
may, in accordance with section 96 of the Canada
Corporations Act, chapter C-32 of the Revised Statutes of Canada, 1970,
elected and delegate powers to an executive committee. R.S., c. T-4, s. 15.