-\ \i ipsis of pr< >i :eedin( ;s. 249 



Article IV.— ACQUISITION AND MANAGEMENT 

 OF PROPERTY. 



Section 1 . The Academy may receive, hold, and manage all prop 

 erty acquired by gift or purchase, necessary or proper to promote 

 its objects. 



Section 2. No contract for the purchase of real estate shall be 

 entered into, nor shall any improvements thereon be made, nor shall 

 such property of the society be sold, except in accordance with the 

 affirmative vote of a majority of the members of the society, present at 

 a special or business meeting held after due notice given, specifying the 

 objects thereof. 



Article V.— BY-LAWS. 



Section 1 . The Board of Trustees, subject to the approval of the 

 society, shall have the power to make all needful By-Laws, Rules and 

 Regulations for the purpose of carrying out the objects of the society 

 and conducting its affairs, and not inconsistent with the Constitution 

 and Articles of Incorporation. 



Article VI.— JOURNAL OF PROCEEDINGS. 



Section 1. A Journal of the Proceedings, By-Laws, Rules, and Reg- 

 ulations, and an account of all receipts and disbursements, shall be 

 kept by the Secretary and Treasurer for the inspection, at all times, of 

 the members of the society. 



Section 2. At the annual meeting, the Board of Trustees shall make 

 a written report of the proceedings, which report shall embrace a full 

 statement of the business affairs of the society. 



Article VII.— AMENDMENTS. 



Section 1 . The provisions of the Articles of Incorporation, as pro- 

 vided therein, may be amended at any regular meeting of the Acad- 

 emy by a vote of two-thirds of the members present; provided, the 

 proposed amendments have been presented to the Board of Trustees, 

 in writing, at least one month prior thereto, and notice thereof pub- 

 lished in some newspaper in the city of Davenport, stating the sub- 

 stance of the proposed amendments. The Board of Trustees shall 

 present to the Academy any amendment thus offered, with a report 

 on the question of its adoption, and with such modifications as they 

 may see fit to recommend. 



Section 2. The provisions of the Constitution, not embraced in the 

 Articles of Incorporation, may be amended at any meeting of the 



[Proc. D. A. N. S., Vol V.J 32 [September 20, 1889.] 



