By-Laws 



CHAPTER I, MEMBERSHIP. 



1. No person shall be accepted as a Resident Member 

 or as Corresponding Member unless dues for the year are 

 paid within three months after notification of election. 

 The annual dues shall be one dollar and fifty cents, payable 

 in advance. A single payment of twenty-five dollars how- 

 ever shall be accepted as commutation for life. 



2. The sums paid in commutation of dues shall be 

 invested, and the interest used for the ordinary purposes 

 of the Academy during the payer's life, but after his death 

 the sum shall be converted into the Research Fund. 



3. Non-payment of annual dues shall deprive a Resi- 

 dent Member of taking part in the management and receiv- 

 ing the publication of the Academy. An arrearage con- 

 tinuing over two years shall be construed as notification 

 of withdrawal. The Secretary, Treasurer, and Librarian 

 shall be exempt from the payment of dues during the year 

 in which they hold office. 



4. Any person eligible under Article III of the Con- 

 stitution may be elected a Patron of the Academy upon pay- 

 ment of one hundred dollars to the Research Fund of the 

 Society. 



CHAPTER n, OFFICIALS. 



1. The President and the Treasurer shall countersign, 

 if they approve, all duly authorized accounts and orders 

 drawn for the disbursement of money. 



2. The Treasurer shall give bonds with two good 

 sureties approved by the Executive Committee in the sum 

 of five hundred dollars, for the performance of his duties 

 and the safe keeping of the funds of the Academy. He 

 may at his discretion deposit the funds in a bank, but shall 



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