SECTION 12. MEETINGS OF COUNCIL; TRANSACTION OF BUSINESS.
   The said Council shall fix the place and times of holding regular meetings; may provide for special and adjourned meetings; and may prescribe rules and regulations, not inconsistent herewith, for the transaction of business and for its own guidance and government. The Mayor shall be a member of the Council, and shall preside at its meetings; but in case of his absence the Clerk, or one of the councilmen present selected for the purpose by the majority of the members present, shall act temporarily as such presiding officer. A majority of the Council shall be necessary to constitute a quorum. No member of the Council shall vote upon, or take part in the consideration of any proposition in which he is or may be interested otherwise than as a resident of said City; and the Mayor or other presiding officer shall have no vote upon any question before the Council except in case of a tie, when he shall give the casting vote.
   In case any ordinance, resolution or measure, shall receive a majority of the votes of the members of the Council present, the Mayor or any two of the councilmen may insist upon the further consideration thereof; and thereupon it shall not be deemed passed, but shall be postponed until the next regular meeting of the Council, when if it shall again receive a majority of the votes of the members present, it shall stand and be declared adopted, and not otherwise.