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whose duty it shall be to examine the accounts of the Treasurer, to
make a final adjustment of all accounts connected with the busi-
ness of the University, and perform such other duties as shall be
devolved upon him by the Board of Trustees. He shall receive
such compensation as they shall prescribe, and shall be required to
reside at the University, and shall hold his office for the term of
three years.

ARTICLE X.

There shall be elected a Committee on Finance, to serve for three
years, composed of one Clerical and two Lay Trustees, who shall
prepare from the reports submitted by the General and Diocesan
Treasurers, and Report to the Board of Trustees at their Annual
Meetings a full statement of the University funds, its outstanding
obligations, and the amounts required to carry on its operations
for the coming year; and to enable such Committee to be prepared
to submit their report at the opening of such Annual Meeting of
the Board, it shall be the duty of the General Treasurer, and of
the Diocesan Treasurers to prepare and forward their Reports to
the Chairman of said Finance Committee at University Place, at
least ten days before the Annual Meeting.

ARTICLE XI.

COMMISSIONER OF BUILDINGS AND LANDS.

There shall be appointed by the Board of Trustees, a Commis-
sioner of Buildings and Lands, who shall have the general super-
intendence of the buildings and lands, and shall be under the su-
pervision of the Vice-Chancellor, and perform such duties as shall
be prescribed by the Board of Trustees. He shall hold his office
for the term of three years, shall receive such compensation as the
Board of Trustees shall prescribe, and shall have his residence at
the University.

ARTICLE XII.

REGISTRAR.

There shall be appointed by the Board of Trustees, a Registrar
of the University, who shall be the Secretary of the Hebdomadal
Board, and perform such other duties as may be required of him by
the Board of Trustees. He shall hold his office for the term of
three years, shall reside at the University, and shall receive such
compensation as may be prescribed by the Board of Trustees.

213

ARTICLE XIII.

MUNICIPAL AND OTHER OFFICERS.

The Board of Trustees shall have power to appoint, from time to
time, such officers for the discipline of the students, for municipal
government, and for the regulation of all persons residing upon the
domain of the University, as they may think necessary.

ARTICLE XIV.

MEETINGS OF THE BOARD OF TRUSTEES.

Meetings of the Board of Trustees shall be held annually, at such
time as they shall appoint by statute. Extraordinary meetings
may be held upon the call of any five members of the Board. or
upon the request of the Hebdomadal Board; such meetings to be
called by the Chancellor. The Board may, by statute, provide for
the payment of necessary expenses incurred by the Trustees in at-
tendance upon such meetings.

ARTICLE XV.

CAPITAL AND FUNDS.

The funds subscribed to the University shall all be considered as
capital, to be preserved untouched for any purpose connected with
the organization or management of the University; provided, that
donations and legacies may be received for such objects as the do-
nors may indicate; and provided, moreover, that it be distinctly
understood that the funds subscribed in any diocese, are the prop-
erty of the University and not of the diocese, and that the conven-
tions of the various dioceses shall have no control of the same.

The amount subscribed in any diocese as capital, shall, in the
event of the dissolution of the corporation, be returned to the do-
nors or their legal representatives; and in case of there being no
legal representatives, then it shall revert to the diocese in which it
was subscribed.

If the capital subscribed in any diocese shall be diminished, by a
failure of securities or otherwise, the remaining capital in such
diocese shall then be distributed, pro rata, among the donors or
their representatives.

No diocese shall be bound to furnish any particular sum of
money, but the contributions made therein shall be voluntary, ac-
cording to the pleasure and ability of the contributors.

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