change of residence, or for other cause or from indisposition to serve longer in 

 such capacity shall resign his place upon the Board, may be elected, by a majority 

 of those present at any regular meeting of the Board, an Honorary Trustee for life. 

 Such Honorary Trustee will receive notice of all meetings of the Board of Trustees, 

 whether regular or special, and will be expected to be present at all such meetings 

 and participate in the deliberations thereof, but an Honorary Trustee shall not 

 have the right to vote. 



ARTICLE IV 



OFFICERS 



Section 1. The officers shall be a President, a First Vice-President, a 

 Second Vice-President, a Third Vice-President, a Secretary, an Assistant Secretary 

 and a Treasurer. They shall be chosen by ballot by the Board of Trustees, a 

 majority of those present and voting being necessary to elect. The President, 

 the First Vice-President, the Second Vice-President, and the Third Vice-Presi- 

 dent shall be chosen from among the members of the Board of Trustees. The 

 meeting for the election of officers shall be held on the third Monday of January 

 of each year, and shall be called the Annual Meeting. 



Section 2. The officers shall hold office for one year, or until their suc- 

 cessors are elected and qualified, but any officer may be removed at any regular 

 meeting of the Board of Trustees by a vote of two-thirds of all the members of 

 the Board. Vacancies in any office may be filled by the Board at any meeting. 



Section 3. The officers shall perform such duties as ordinarily appertain 

 to their respective offices, and such as shall be prescribed by the By-Laws, or 

 designated from time to time by the Board of Trustees. 



ARTICLE V 



THE TREASURER 



Section 1. The Treasurer shall be custodian of the funds of the Corpo- 

 ration except as hereinafter provided. He shall make disbursements only upon 

 warrants drawn by the Director and countersigned by the President. In the 

 absence or inability of the Director, warrants may be signed by the Chairman 

 of the Finance Committee, and in the absence or inability of the President, may 

 be countersigned by one of the Vice-Presidents, or any member of the Finance 

 Committee. 



Section 2. The securities and muniments of title belonging to the cor- 

 poration shall be placed in the custody of some Trust Company of Chicago to 

 be designated by the Board of Trustees, which Trust Company shall collect 

 the income and principal of said securities as the same become due, and pay 

 same to the Treasurer, except as hereinafter provided. Said Trust Company 

 shall allow access to and deliver any or all securities or muniments of title to the 

 joint order of the following officers, namely: the President or one of the Vice- 

 Presidents, jointly with the Chairman, or one of the Vice-Chairmen, of the Finance 

 Committee of the Museum. The President or any one of the Vice-Presidents, 

 jointly with either the Chairman or any one of the other members of the Finance 

 Committee, are authorized and empowered (a) to sell, assign and transfer as a 

 whole or in part the securities owned by or registered in the name of the Chicago 

 Natural History Museum, and, for that purpose, to endorse certificates in blank or 

 to a named person, appoint one or more attorneys, and execute such other instru- 

 ments as may be necessary, and (b) to cause any securities belonging to this Corpo- 

 ration now, or acquired in the future, to be held or registered in the name or names 

 of a nominee or nominees designated by them. 



Section 3. The Treasurer shall give bond in such amount, and with such 

 sureties as shall be approved by the Board of Trustees. 



Section 4. The Harris Trust & Savings Bank of Chicago , shall be Cus- 

 todian of "The N. W. Harris Public School Extension of the Chicago Natural 

 History Museum" fund. The bank shall make disbursements only upon warrants 

 drawn by the Director and countersigned by the President. In the absence or 

 inability of the Director, warrants may be signed by the Chairman of the Finance 

 Committee, and in the absence or inability of the President, may be countersigned 

 by one of the Vice-Presidents, or any member of the Finance Committee. 



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