6 carne;gie; institution of Washington. 



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 corporation and shall affix the same whenever 

 authorized to do so by the Board of Trustees or by the Executive Com- 

 mittee or the Finance Committee. 



Article IV. 



Executive administration. 



The President. 



1. There shall be a President who sliall 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 ad- 

 visers 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 all property of the Institution whose 

 custody is not otherwise provided for. He shall be responsible for the ex- 

 penditure and disbursement of all funds of the Institution in accordance w-ith 

 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. 



Article V. 



COMMITTEES. 



I. There shall be the following standing Committees, viz, an Executive 

 Committee and a Finance Committee. 



