590 STATUTES OF THE AMERICAN ACADEMY 



3. The Treasurer shall keep separate accounts of the iucome and 

 appropriation of the Rumford Fund and of other special funds, and 

 report the same annually. 



4. All moneys which there shall not be present occasion to expend 

 -hall be invested by the Treasurer, under the direction of the Finance 

 Committee, 



CHAPTER VIII. 

 Of the Librarian and Library. 



1. It .-hall be the duty of the Librarian to take charge of the books, 

 to keep a correct catalogue of them, to provide? for the delivery of books 

 from the Library, and to appoint such agents for these purposes as he 

 may think necessary. He shall make an annual report on the condition 

 of the Library. 



2. The Librarian, in conjunction with the Committee on the Library, 

 shall have authority to expend such sums as may be appropriated, either 

 from the General, Rumford or other special Funds of the Academy, for 

 the purchase of book-', and for defraying other necessary expenses con- 

 nected with the Library. 



.".. To all books in the Library procured from the income of the 

 Rumford Fund, or other special funds, the Librarian shall can-" a stamp 

 or label to be affixed, expressing the fact that they were so pro* ured. 



1. Every person who takes a hook from the Library shall give a 

 receipt for the same to the Librarian or his assistant. 



•"». Every book shall be returned in good order, regard being had to 

 the necessary wear of the book with good usage. If any book -hall 

 be lost or injured, the person to whom it stand- charged shall replace 

 it b\ a new volume or set, if it belongs to a set. or pay the current 

 price of the volume or ael to the Librarian ; and thereupon the remain- 

 der of the set. if the volume belonged to a set. shall be delivered to the 

 person so paying for the same. 



6. All books -hall be returned to the Library for examination at 

 lea-; one week before the Annual Meeting. 



7. The Librarian -hall have custody of the Publications of the 



lemy anil shall distribute copies among the Associate Fellows and 

 i'_'n Honorary Members, at their request. With the advice and con- 

 sent of the Prea 'lent, he may effect exchanges with other associations. 



