Trustees Records, Vol. 7, 1886 (page 266)

266

the State of Massachusetts, or in the debt of any of the
counties, cities, or towns of this State, or in mortgages of
real estate in any city or town in Massachusetts, or in the
bonds or notes of such other corporations which have
earned and paid regular dividends for the two years
next preceding such investment as shall be deemed a
proper and suitable investment by the Committee on
Finance, or in such investments as are authorized by
the State of Massachusetts for savings banks, provided

That no investment in excess of $40,000 (par value)
shall be made in any one security, and,

That the Committee on Finance shall report monthly
to the President to be laid before the Trustees at the
next meeting a list of all investments which shall
have been made from this found since the previous
meeting."

Voted. That the report of the Committee be ac-
cepted and the proposed amendment be submitted
to the Proprietors for action at the ensuing Annual
Meeting.

Dissolved

Lewis G. Farmer,

Secretary.

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