1.  Name.  The name of the association;  

2.  Purposes.  The purposes for which it is formed;  

3.  Location.  The municipality and county where the principal office for the transaction of business of the corporation is to be located;  

4.  Directors.  The number of directors thereof, which shall be not less than 3 and may be any number in excess thereof; the term of office of such directors; and the names and residences of those who are to serve as directors for the first year, or until election and qualification of their successors.