124 The National Geographic Magazine 



annually from their own number a President 

 and a Vice-President, and shall elect annually 

 a Treasurer and a Secretary. 



Sec 3. The President shall preside at the 

 meetings of the Society and of the Board of 

 Managers, or may delegate this duty. The 

 President and the Secretary shall sign all 

 written contracts and obligations of the 

 Society. 



Sec. 4. In the absence of the President his 

 duties shall devolve on the Vice-President. 



Sec. 5 The Treasurer shall have charge of 

 the funds of the Society, under the direction 

 of the Board of Managers, and shall make col- 

 lections and disbursements and render an an- 

 nual report, and his accounts shall be audited 

 by a committee of the Society, not members 

 of the Board, annually and at such other times 

 as the Board may direct. 



Sec. 6. The Secretary shall record the pro- 

 ceedings of the Society and of the Board of 

 Managers, conduct correspondence, and make 

 an annual report. 



SEC. 7. The Board of Managers shall fill 

 vacancies arising in the Board. 



SEC. S. All officers shall serve until their 

 successors are chosen. 



Article V. — Committees. 



Section i. The Board of Managers shall 

 select annually from its own number an Ex- 

 ecutive Committee. 



Sec. 2. There shall be standing committees 

 on Publications, Communications, Admissions, 

 Research, and Finance, whose chairmen shall 

 be members of the Board of Managers. These 

 committees shall be appointed immediately 

 after the annual election of the President, to 

 serve until their successors are designated. 



Sec. 3. The committees of the Society and of 

 the Board of Managers shall be appointed by 

 the President except when otherwise provided. 

 The President shall be a member ex officio of 

 every committee. 



Article VI. — Finances. 



Section i. The fiscal year of the Society 

 shall begin on the first da}' of January. 



SEC 2. The annual dues of members shall 

 be two dollars, payable in January. 



SEC. 3. Fellows shall pay an initiation fee 

 of ten dollars on notice of election. 



Sec. 4. Members or fellows may commute 

 annual dues and acquire life membership by 

 the payment at one time of fifty dollars. 



Sec. 5. Members or fellows whose dues re- 

 main unpaid on March 1 shall be notified by 

 the Treasurer that unless the dues are paid 

 within one month they will be in arrears and 

 not entitled to vote at the annual meeting, to 

 receive the publications of the Society, or to 



purchase lecture tickets on members' terms. 

 Members or fellows one year in arrears shall, 

 after formal notification, be regarded as hav- 

 ing withdrawn from the Society. 



SEC. 6. The funds of the Society may be in- 

 vested and loans may be negotiated in the inter- 

 ests of the Society, and any other financial 

 business germane to the purposes of the So- 

 ciety may be transacted, by the Board of Man- 

 agers. 



Article VII. — Meetings. 



Section i. Regular meetings of the So- 

 ciety shall be held on alternate Fridaj-s from 

 November until May. 



Sec. 2. Special meetings may be ordered by 

 the Board of Managers or called by the Presi- 

 dent. 



Sec. 3. The annual meeting shall be held in 

 the District of Columbia on the second Friday 

 in January. 



Sec. 4. Twenty members or fellows shall 

 constitute a quorum. 



Sec. 5 Regular meetings of the Board of 

 Managers shall be held on the same days as the 

 regular meetings of the Society; special meet- 

 ings may be held at the call of the President 

 or on notice signed by five members of the 

 Board: Provided, That for any of its own meet- 

 ings the Board may substitute meetings of the 

 Executive Committee. 



Sec. 6. Lectures and lecture courses may be 

 provided by the Poird of Managers. Free ad- 

 mission to such lectures shall not be a preroga- 

 tive of membership, but tickets shall be sold to 

 members and fellows on more favorable terms 

 than to non-members : Provided, That each 

 life member who acquired life membership 

 prior to the year 1901 shall be entitled to two 

 admissions to each lecture and course. 



Article VIII. — Publications. 



The Society shall publish a journal or peri- 

 odical under the title, The National Geo- 

 graphic Magazine, which shall be sent to all 

 members and fellows of the Society not in ar- 

 rears, and may be placed on sale. 



Article IX. — Amendments. 



These By-Laws may be amended by a two- 

 thirds vote of the members present at any 

 regular meeting, provided the proposed amend- 

 ments are reported by the Board of Managers, 

 and provided that notice thereof has been sent 

 to all members of the Society not less than ten 

 nor more than sixty days before the meeting. 

 The publication of proposed amendments in 

 The National Geographic Magazine shall be 

 deemed a notice within the meaning of this 

 article. 



