Section XXXVII:
Appointment of Auditors.
Unless other provisions shall be contained in the
regulations of the Company for the appointment of Auditors, the Auditors shall be appointed at the
first general meeting of the Company in every year and, in the case of any casual vacancy occurring in
such office, at an extraordinary general meeting called for the purpose of supplying the same, No
Directors or other Officer shall be eligible as an Auditors.