Constitution And Charter of the Presbyterian Theological Seminary in the North W
Constitution And Charter of the Presbyterian Theological Seminary in the North W
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OF THE FUNDS AND FINANCIAL OFFICERS.
Sec. I. All permanent funds established for the support of the Seminary shall be sacredly preserved inviolate, and it shall not be lawful for the Board of Directors, the Board of Trustees, or any person to withdraw, or to borrow, for any purpose, from any such fund, any money, securities, or other property, without at the same time placing to the credit of such fund a value clearly and fully equivalent.
Sec. 2. The Board of Trustees, which shall appoint its ...own President, Secretary and Treasurer, shall have the cus- tody of all the funds and property of the Seminary, with power to invest, manage, buy, sell and otherwise dispose of the same for the use of the Seminary, in any manner not inconsistent with this Constitution, and subject in all things to the instructions of the Board of Directors.
Sec. 3. The Board of Trustees shall appoint a Treasurer who shall hold his office during the pleasure of the Board, and whose duty it shall be, under the direction of the Board, to keep all books of account, and to have the custody of all 13 snch books of account, securities and other papers and documents relating to the finances, and of all funds and other property, except the Seminary buildings, the grounds connected therewith, and the library ; and to present to the Board annually, and oftener when required, a clear and full report of the whole state of the finances, and of the transac- tions of the current year ; and he shall be the keeper of the seal, and when required shall execute to the Board a bond in such penal sum and with such securities as they shall prescribe, for the faithful discharge of his duties.
What to read after Constitution And Charter of the Presbyterian Theological Seminary in the North W?
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To quickly assess the difficulty of the text, read a short excerpt:
OF THE FUNDS AND FINANCIAL OFFICERS.
Sec. I. All permanent funds established for the support of the Seminary shall be sacredly preserved inviolate, and it shall not be lawful for the Board of Directors, the Board of Trustees, or any person to withdraw, or to borrow, for any purpose, from any such fund, any money, securities, or other property, without at the same time placing to the credit of such fund a value clearly and fully equivalent.
Sec. 2. The Board of Trustees, which shall appoint its ...own President, Secretary and Treasurer, shall have the cus- tody of all the funds and property of the Seminary, with power to invest, manage, buy, sell and otherwise dispose of the same for the use of the Seminary, in any manner not inconsistent with this Constitution, and subject in all things to the instructions of the Board of Directors.
Sec. 3. The Board of Trustees shall appoint a Treasurer who shall hold his office during the pleasure of the Board, and whose duty it shall be, under the direction of the Board, to keep all books of account, and to have the custody of all 13 snch books of account, securities and other papers and documents relating to the finances, and of all funds and other property, except the Seminary buildings, the grounds connected therewith, and the library ; and to present to the Board annually, and oftener when required, a clear and full report of the whole state of the finances, and of the transac- tions of the current year ; and he shall be the keeper of the seal, and when required shall execute to the Board a bond in such penal sum and with such securities as they shall prescribe, for the faithful discharge of his duties.
What to read after Constitution And Charter of the Presbyterian Theological Seminary in the North W?
You can find similar books in the "Read Also" column, or choose other free books by Presbyterian Theological Seminary of the Northwest to read onlineMoreLess
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