Annual report : 1930 / Society of the Lying-in Hospital of the City of New York.
- Society for the Lying-In Hospital
- Date:
- 1930
Licence: Public Domain Mark
Credit: Annual report : 1930 / Society of the Lying-in Hospital of the City of New York. Source: Wellcome Collection.
61/78 page 55
![and interest of any Bond and Mortgage held by the Society, execute a certificate of satisfaction thereof, or an assignment of the same without recourse. 2. The Treasurer shall have the custody of the funds of the Society which shall be deposited with such Bankers, Bank or Trust Company as may be designated by the Board of Governors, and he is authorized to receive the interest or dividends on all securities and to give receipt there¬ for. In case of his absence or disability, the President or Vice-President is authorized to receive such interest or dividends. 3. The Treasurer shall keep books of account, and at each stated meeting shall make a report of the several sums by him received and expended. 4. The Secretary shall have the custody of the records and papers of the Society, other than the securities and medical records; he shall keep fair and accurate minutes of the proceedings of the Board, and notify the Governors of the meetings. He shall have the custody of the cor¬ porate seal of the Society. CHAPTER V. Finance Committee 1. The Finance Committee shall have power, from time to time, to direct the purchase, sale or exchange of investments of the Society and may authorize the Treasurer to execute and deliver in the name and under the seal of the Society all necessary papers in connection therewith, and no change shall be made in any investments without the authority of said committee. They shall as often as once in six months examine the Treasurer’s accounts or cause the same to be examined. 2. The Finance Committee shall have and exercise such other powers as may from time to time be conferred upon them by the Board of Governors. CHAPTER VI. Custody of Securities 1. All securities shall be deposited with such Bankers, Bank or Trust Company as may be designated by the Board of Governors. Securities so deposited to be withdrawn only upon the written order of the Society of the Lying-In Hospital when signed and countersigned by any two of the following officers: President, Vice-President, Secretary or Treasurer, or upon the signature of any one of the above officers, when countersigned by any other Governor of the Society. [55]](https://iiif.wellcomecollection.org/image/b31710955_0061.jp2/full/800%2C/0/default.jpg)
