13. Quorum for meeting of the Executive Committee.- (1) No business shall be transacted at a meeting of the Executive Committee unless there are present at least three Directors. (2) If within half an hour from the time appointed for holding the meeting the quorum is not present, the meeting shall stand adjourned to the same day in the next week at the same time and place and notice of such adjourned meeting shall be given o each Director who is not present at the meeting on the same day by post or telegram o special messenger as the needs of the case may require. (3) If at any adjourned meeting also the quorum is not present within half an hour from the time appointed for holding the meeting, the Directors present shall form the quorum. | 