(A) It shall consist of not less than 20 nor more than 64 members, who shall reside in the town.
(B) Membership in the Company shall be by election by a majority of the members of the Company present at any meeting.
(C) The members of the Company may incorporate in a nonprofit, non-stock-issuing corporation under the laws of the state.
(Ord. passed 5-6-1947)