The Chairman of the Guardians shall, if present, be the Chairman at Meetings of the Birmingham Gun Trade, and in his Absence the First Business of the Meeting shall be the Election of a Chairman, and the Meeting, by a Majority of the Persons present and entitled to be present and voting, may elect One of such Persons to be Chairman of the Meeting; and it shall be the Duty of the Chairman to make and sign a Record of the Proceedings of the Meeting, and to deliver or send the same to the Law Clerk within Two Days after the Meeting, and such Record shall be open at all reasonable Times to Inspection by the Members of the Birmingham Gun Trade.