i.VJ HFAOHD OF THE ROYAL SOCIETY 







Investmrnt 











,1 in the absence of tin.- President, such Fellow shall act as Chairman 



ii Comini- 



CHAP. VIII Of the Treasurer and Ins Accounts. 



I. t Mirer, or some person appointed by him, with the approval of 

 ouncil, shall receive for the use of the Society all sums of money due 



e to the Society; and shall pay and disburse all sums due from or 

 'U- hv the Society; and shall keep particular Accounts of all such 

 its and payments. 



II. in of money, payable on account of the Society, exceeding Ten 

 Tounds, shall he paid only by order of the Council; but payments for rates or 



-. to any amount, may be made b,y the Treasurer, without any specific 

 order of the Council for that purpose. 



III. All MUMS of money, which there shall not be present occasion for 

 iding or otherwise disposing of to the use of the Society, shall be laid out 



in Mich Government or other securities as shall be approved of and directed by 

 the Council. 



IV. The Accounts of the Treasurer shall be audited annually, a short time 

 preceding the Anniversary Elections, by a Committee consisting of three 

 Mcml>ers of the Council, of whom the President or one of the Secretaries to be 



and of three Fellows of the Society not Members of the Council, who are 

 to he nominated by the President, with the consent of the major part of the 

 Fellows present, Lpven by ballot at one of the three next preceding weekly 

 meeting ; any one or more of the said three Members of the Council, together 

 with any one or more of the said three Fellows, shall be a Quorum of the said 

 Committee: the Members of the said Committee who are of the Council shall 

 make their Report to the Council held next after such audit, on or before the 

 .\nni\ersary Election ; and the Members of the said Committee who are not 

 of the Council shall make their Report to the Society, upon the Meeting next 



e the Anniversary Election, or on the day of the said Election. 



V. As .soon after the Audit as may be, and before the Anniversary Meeting, 

 '! '1 -ball OHM an abstract of the Society's Accounts of the preceding 



< printed for the use of the Fellows. 



\ ! Th. ' ^ball have the charge of the Title Deeds of the Society's 



:ie Policies of Insurance, and Securities, and shall have the general 

 x'iety's property. 



CHAP. IX Of the Two Secretaries. 



I tttriet shall be responsible to the Council for the general 



'l correspondence, publications, and all other business, 



which ivlate> to finance. 



II ()I1(> <>f them, shall attend all meetings of the Society, 

 nd Committee of Papers; where, when the President has taken the 



