14 CARNEGIE INSTITUTION OF WASHINGTON. 



3. The Vice-Chairman, in the absence or disabihty of the Chair- 

 man, shall perform his duties. 



4. The Secretary shall issue notices of meetings of the Board, 

 record its transactions, and conduct that part of the correspondence 

 relating to the Board and to his duties. He shall execute all deeds, 

 contracts or other instruments on behalf of the corporation, when 

 duly authorized. He shall have custody of the seal of the corpo- 

 ration and shall aflSx the same whenever authorized to do so by the 

 Board of Trustees or by the Executive Committee or the Finance 



Committee. 



Article IV. 



EXECUTIVE ADMINISTRATION. 



The President. 



1. There shall be a President who shall be elected by ballot by, 

 and hold office during the pleasure of, the Board, who shall be the 

 chief executive officer of the Institution. The President, subject 

 to the control of the Board and the Executive Committee, shall 

 have general charge of all matters of administration and supervision 

 of all arrangements for research and other work undertaken by the 

 Institution or with its funds. He shall devote his entire time to the 

 affairs of the Institution. He shall prepare and submit to the Board 

 of Trustees and to the Executive Committee plans and suggestions 

 for the work of the Institution, shall conduct its general correspond- 

 ence and the correspondence with applicants for grants and with the 

 special advisers of the Committee, and shall present his recommen- 

 dations in each case to the Executive Committee for decision. All 

 proposals and requests for grants shall be referred to the President 

 for consideration and report. He shall have power to remove and 

 appoint subordinate employees and shall be ex officio a member of 

 the Executive Committee. 



2. He shall be the legal custodian of all property of the Institu- 

 tion whose custody is not otherwise provided for. He shall be 

 responsible for the expenditure and disbursement of all funds of the 

 Institution in accordance with the directions of the Board and of the 

 Executive Committee, and shall keep accurate accounts of all re- 

 ceipts and disbursements. He shall submit to the Board of Trustees 

 at least one month before its annual meeting in December a written 

 report of the operations and business of the Institution for the pre- 

 ceding fiscal year with his recommendations for work and appro- 

 priations for the succeeding fiscal year, which shall be forthwith 

 transmitted to each member of the Board. 



3. He shall attend all meetings of the Board of Trustees. 



