6 



plan herein set forth, or as the same hereafter may be 

 modified or amended, to exact contributions from the 

 Corporation and the subscribing employees of so large an 

 amount as that above referred to, the Pension Board, by 

 the concurrent vote of at least five of its members, may 

 provide for a ratable reduction of the payments to be 

 made by the Corporation and the subscribing employees 

 respectively. But no such resolution shall become effec- 

 tive until the same shall be reported to the Trustees of 

 the Corporation and approved by the vote of a majority 

 of such Trustees attending a regular or special meeting 

 of the Board of Trustees. By a resolution similarly 

 adopted and approved, the amounts payable as gratuities 

 or pensions under these rules may be increased. 



Expenses § 8. Such reasonable expenses as shall be essential to 



the due administration of the Pension Fund may be in- 

 curred by the Pension Board and may be paid from such 

 fund. 



Option and § 9. All persons who shall be permanent employees 

 qufre'ments °^ ^ e Corporation when these rules take effect and who, 

 if males, shall be above the age of twenty-one years, or 

 if females, above the age of eighteen years, shall have 

 the option, within sixty days after these rules take effect, 

 or at any time thereafter with the consent of the Pension 

 Board and upon compliance with such terms as may be 

 imposed by said Board, to become subscribers to the 

 Pension Fund hereby established, and any persons who 

 shall be permanent employees of the Corporation, when 

 these rules take effect, and if males, shall then be less 

 than twenty-one years of age, or, if females, less than 

 eighteen years of age, shall have the option respectively, 

 if still in the permanent employ of the Corporation, to 

 become such subscribers when thev shall attain such re- 



