19. The board of management shall choose a president and vice-president from among its members annually, at the first meeting following the annual general meeting.
The president and vice-president of the board of directors shall, at the same time, be president and vice-president of the syndicate.
The board of directors shall appoint a secretary-treasurer and an auditor, and fix their remuneration.
R. S. 1964, c. 115, s. 19.