139 



be held by direction of the President, or, in his absence, 

 by the direction of either Vice-President. , 



IV 



Five managers shall constitute a quorum at any Quorum of the 

 meeting of the Board of Managers, providing that ,^ff___ 

 not more than two are Scientific Directors. 



Managers 



v 



Committees of the Board of Managers, to be ap- Committees 

 pointed by the Board at each annual meeting, shall 

 include : 



An Executive Committee, 



A Finance Committee, 



A Membership Committee, 



A Committee on Endowment. 



Special committees may be appointed at any 

 meeting, and may be composed of managers, of 

 members of the corporation, or of both. 



VI 



The Executive Committee shall consider all matters Executive 

 referred to it at meetings of the Board of Managers Committee 

 or of the Corporation and report at subsequent meet- 

 ings, and shall annually nominate managers, officers 

 and additional members of the corporation. It shall 

 consist of seven members, including the President, 

 Treasurer and Secretary. The Committee shall an- 

 nually elect a chairman. 



VII 



The Finance Committee shall advise the Treasurer Finance 

 concerning investments and reinvestments of permanent Committee 

 funds, and shall have charge of such real estate as 



