Jan., 1917. Annual Report of the Director. 139 



elected members cannot be present at any meeting of any Committee, then the 

 Chairman thereof, or his successor, as herein provided, may summon any member of 

 the Board of Trustees to act in place of the absentee. 



Sec. 5. The Finance Committee shall have supervision of investing the en- 

 dowment and other permanent funds of the Corporation, and the care of such real 

 estate as may become its property. It shall have authority to invest, sell, and 

 reinvest funds, subject to the approval of the Board. 



Sec. 6. The Building Committee shall have supervision of the construc- 

 tion, reconstruction, and extension of any and all buildings used for Museum 

 purposes. 



Sec. 7. The Executive Committee shall be called together from time to time 

 as the Chairman may consider necessary, or as he may be requested to do bv three 

 members of the Committee, to act upon such matters affecting the administration 

 of the Museum as cannot await consideration at the Regular Monthly Meetings of 

 the Board of Trustees. It shall, before the beginning of each fiscal year, prepare 

 and submit to the Board an itemized Budget, setting forth the probable receipts 

 from all sources for the ensuing year, and make recommendations as to the ex- 

 penditures which should be made for routine maintenance and fixed charges. Upon 

 the adoption of the Budget by the Board, the respective Committees shall be con- 

 sidered as authorized to make the expenditures detailed therein. No increase in 

 the expenditures under any items of the Budget shall be made, except by authority 

 of the Board of Trustees, but the Executive Committee shall have authority, in 

 cases of emergency, to expend a further total sum not exceeding two thousand 

 dollars in any one month. 



Sec. 8. The Administration Committee shall have general supervision of the 

 affairs of the Museum. The Committee shall hold one meeting each month with 

 the Director at the Museum within a week preceding each Monthly Meeting of 

 the Board of Trustees. 



Sec. 9. The Auditing Committee shall have supervision over all accounting 

 and bookkeeping, and full control of the financial records. It shall cause the same, 

 once each year, or oftener, to be examined by an expert individual or firm, and shall 

 transmit the report of such expert individual or firm to the Board at the next ensuing 

 regular meeting after such examination shall have taken place. 



Sec. 10. The Pension Committee shall determine by such means and processes 

 as shall be established by the Board of Trustees to whom and in what amount the 

 Pension Fund shall be distributed. These determinations or findings shall be subject 

 to the approval of the Board of Trustees. 



Sec. 11. The Chairman of each Committee shall report the acts and proceed- 

 ings thereof at the next ensuing regular meeting of the Board. 



Sec. 12. The President shall be ex-officio a member of all Committees and Chair- 

 man of the Executive Committee. Vacancies occurring in any Committee may be 

 filled by ballot at any regular meeting of the Board. 



ARTICLE IX. 



NOMINATING COMMITTEE. 



Section 1. At the November meeting of the Board, each year, a Nominating 

 Committee of three shall be chosen by lot. Said Committee shall make nomina- 

 tions for membership of the Finance Committee, the Building Committee, the Ad- 

 ministration Committee, the Auditing Committee, and the Pension Committee, and 



