The Winslow mail., 1926-06-04

ions of law and of these Bylaws,
the entire management and control
of the affairs, business, funds and
property belonging to, or in the
control of, the Chest, shall be vest
ed in a Board of Directors, which
shall consist of the officers of the
Chest and six members at large.
elected by committee members, all
of whom shall be residents of
Winslow.
Section 2. From the date of or
ganization until the next ensuing
annual meeting of the Chest, those
persons named as charter repre-
sentatives of the affiliated agencies
shall constitute the Board of Di-
rectors. This Board shall elect
from its own number temporary Of
ficers, who shall act until the next
ensuing annual meeting.
Section g. No paid employee of
any agency shall be eligible to
serve as member of the Board of
Directors.
Section A. The Board of Direc-
tors shall, from time to time, make
such rules and regulations, sub
ject to these Bylaws, as in their
judgment may be necessary for the
proper government of said Board
and of the employees, committees
and general work of the Chest.
Section 5. At the commencement
of the fiscal year, or as soon there
after as is feasible, the Board of
Directors shall prepare or cause to
be prepared an estimate of the ex-
penses and financial requirements
of the Chest and of its affiliated
agencies for the ensuing year, and
shall make such provisions for
meeting the same as in their Judg-
ment shall be for the best inter
ests of the Chest.
Section g. All moneys received
by the Chest for charitable or phil
anthropic purposes from contrlbu-
tors, the objects or which are de-
signated by the giver, shall be
paid out in conformity with such
designation, PROVIDED, HOW
EVER, that over-subscriptions to
any designated fund may, in the
discretion of the Board of Direc-
tors and with the consent OF the
giver, be transferred to the undes-
ignated fund of the Chest. Subject
to the provisions of Section z fol-
lowing, and subject to the admin
istrative expenses of the Chest, all
undesignated funds received for
charitable or philanthropic pur-
poses shall be paid out to, and dis
tributed among the agencies as the
Board of Directors shall deem just
and equitable.
Section 7. In time of emergency
and extraordinary need and distress
the Board of Directors shall be
the power to appropriate any un-
designated funds on hand toward
the relief of the same, but no pay
ment shall be made to other than
an affiliated agency except upon
four-ffths vote of all members OF
the Board of Directors.
Section 8. Regular meetings or
the oBard of Directors shall be
held at such stated times as they
may determine. Special meetings
thereof may be called at any time
by the President upon reasonable
notice, and shall be called prompt
ly upon the request of any three
members of the oBard of Directors.
Section 8. Except as otherwise
herein provided, five members OF
the Board of Directors shall con-
stitute a quorum at any meeting of'
the Board, and if a quorum is pres
ent majority of those present may
transact any business of the Board.
ARTICLE VII
Officers
Section l. The officers OF the
Chest shall be a president, two
a secretary, and a
treasurer, all of whom, except the
secretary, shall be elected at the
annual meeting by the contributors
and shall hold office until the cleo
ton and qualification of their re-