joining the National Association within the fiscal year shall pay the proportionate part of the specified dues for that year. And the treasurer is hereby authorized to adjust all pending accounts with the association on this basis.

The president, secretary, treasurer and chairman of the executive committee are authorized for good and sufficient cause to remit the annual dues of any local association.

ARTICLE III.-EXPENDITURES.

Funds paid to the treasurer shall be used only for necessary expenses, duly authorized by vote of the executive committee.

ARTICLE IV.-DELEGATES AND CREDENTIALS.

Delegates to this association shall be selected from the active members of each association, and be either agents, manager of agencies, or superIntendent of agents of a regular legal reserve, level premium company, and be accredited by credentials signed by the president and secretary of their respective associations upon the official form of this association.

The ex-presidents of the National Association shall be delegates-atlarge at all annual conventions, with the privilege of the floor; and shall also have the right to vote with the delegates of their respective associations, provided such associations are members of the national body.

ARTICLE V-VOTING.

All questions, when demanded by the delegates present from at least wo associations, shall be decided by roll call of the yeas and nays, and each association shall vote as a unit and be entitled to one vote only.

ARTICLE VI.-ORDER OF BUSINESS.

1. Called to order by president. (Prayer.)

2. Roll call.

3. President's address.

4. Reading minutes of previous meeting.

5. Report and recommendations of executive committee.

10. Selection of time and place for next annual meeting.

ARTICLE VII.-AMENDMENTS.

This constitution and by-laws shall not be amended except at an annual meeting, and then only by a two-thirds vote of the associations present and voting.