XIV Carnegie; institution of Washington. 



2. The Chairman shall preside at all meetings and shall have the usual 

 powers of a presiding officer. 



3. The Vice-Chairman, in the absence or disability of the Chairman, 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 instru- 

 ments on behalf of the corporation, when duly authorized. 



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 correspondence and 

 the correspondence with applicants for grants and with the special advisers 

 of the Committee, and shall present his recommendations 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 the seal and of all property of the 

 Institution whose custody is not otherwise provided for. He shall affix the 

 seal of the corporation whenever authorized to do so by the Board of Trus- 

 tees or by the Executive Committee or by the Finance Committee. He shall 

 be responsible for the expenditure and disbursement of all funds of the Insti- 

 tution in accordance with the directions of the Board and of the Executive 

 Committee, and shall keep accurate accounts of all receipts 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 preceding fiscal year with his recommendations for work 

 and appropriations 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. 



