386 STATUTES OF THE AMERICAN ACADEMV OF ARTS AND SCIENCES. 



4. The Treasurer shall keep a separate account of the income and appropriation of the Runiford 

 Fund, and report the same annually. 



5. The Treasurer's accounts shall be annually audited by a committee appointed by the Academy 

 for the purpose ; it being understood that the committee chosen at the annual meeting in May shall act 

 for the year immediately following the date of their election. 



CHAPTER V. 



Of the Library and Cabinet. 



1. It shall be the duty of the Librarian to take charge of the books, to keep a correct catalosue of 

 the same, and to provide for the delivery of books from the Library. 



2. Any Fellow of the Academy may have at any one time three volumes from the Library. 



3. Books may be kept out three calendar months, and no longer ; and every person shall be sub- 

 jected to a fine of twenty cents a week for every volume retained beyond that time. 



4. Every person who takes a book from the Library shall give a receipt for the same to the 

 Librarian or his assistant. 



5. Every book shall be returned in good order, regard being had to the necessary wear of the book 

 with good usage. And if any book shall be lost or injured, the person to whom it stands charged shall 

 replace it by a new volume or set, if it belong to a set, or pay the current price of the volume or set 

 to tlie Librarian ; and thereupon the remainder of the set, if the volume belonged to a set, shall be 

 delivered to the person so paying for the same. 



6. All books shall be returned to the Library for examination, at least one week before the annual 

 meeting. And every person then having one or more books, and neglecting to return the same, as 

 herein required, shall forfeit and pay a fine of one dollar. 



7. A Committee on the Library, to consist of three persons, of whom the Librarian shall be one, 

 shall be chosen at the annual meeting in May. This committee shall examine the Library, and make 

 report of its condition at the next annual meeting. They shall have authority to purchase such books, 

 from time to time, as they may deem expedient ; to make rules and regulations concerning the circula- 

 tion, return, and safe-keeping of tlie books ; and to appoint such agents for these purposes as they may 

 think necessary. And for all these objects there shall annually be appropriated a proper sum, to be 

 expended under their direction, and the charges to be made either to the Rumford Fund, or to that of 

 the Academy, as the committee may direct. 



