(a) The county court shall appoint three (3) owners of real property within the boundaries of the separate district as commissioners thereof.
(b) Each commissioner shall take the oath of office required by Arkansas Constitution, Article 19, § 20, and shall also swear that he will not be directly or indirectly interested in any contract made by the board.
(c) Any commissioner failing to take the oath within thirty (30) days after his appointment shall be deemed to have declined to act, and his place shall be filled by the county court of that county.
(d) All vacancies on the board shall be filled by the county court, or the judge thereof in vacation, but if a majority in value of the owners of real property in the subdistrict shall petition for the appointment of a particular person or persons as commissioners, it shall be the duty of the county court to appoint the person or persons so designated.
(e) The board shall select one (1) of their number as chairman, and a majority shall constitute a quorum.
(f) The county court shall remove any member of the board on petition of a majority in value of the owners of real property in the district.