90

178

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 Boad of Trustees. He shall receive
such compensation as they shall prescribe, and shall be required to
reside at the University.

ARTICLE X.

COMMISSIONER OF BUILDINGS AND GROUNDS.

There shall be appointed by the Board of Trustees, a Commis-
sioner of Buildings and Grounds, who shall have the general super-
intendence of the buildings and grounds, and shall be under the su-
pervision of the Vice-Chancellor, and perform such duties as shall
be presecribed 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 XI.

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.

ARTICLE XII.

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 XIII.

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

179

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 XIV.

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.

ARTICLE XV.

DIOCESAN TREASURERS.

There shall be a Treasurer of University Funds appointed in
each Diocese, by the Convention of the same, who, when confirmed
by the Board of Trustees, shall hold his office for three years from
the time of his election, and continue in office until his successor
shall have been elected and given bond. Such Treasurer
shall give bond and security to the "University of
the South" in such sum as shall be required by the Board
of Trustees from time to time. Such Treasurer shall receive the
cash, notes, bonds, stock, titles to lands or other property obtained
as subscription in that Diocese: and it shall be his duty in con-
junction with the lay Trustees of the Discese, to invest the cash
and all moneys which shall be derived from the realization of the