568207-1929-Supplementary-Advertisements — Page 3

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2. The Fund shall consist of the existing fund in the hands of the Treasurer and such further contribu- tions as shall be made by masonic bodies and indivi- duals.

OBJECT.

3. The object of the Fund is to provide a Scholar- ship at the Hong Kong University for the sons of freemasons without distinction of class or nationality, who are members of any of the Masonic Bodies in the District of Hong Kong and South China, and to the sons of deceased Masons who are eligible for relief under the qualifications contained in the by-laws of the Hong Kong and South China Masonic Benevolent Fund Corporation.

GOVERNMENT.

4. The Trustees shall consist of such brethren as shall be elected by the Lodges and Chapters contri- bating to the funds of the Corporation and of trustees for life as hereinafter provided. Each Lodge or Chapter contributing not less than $500 shall appoint one Brother to be a Trustee and every individual Brother contributing not less than $500 shall by virtue of such contribution become a Trustee for life. Any vacancy or vacancies occurring may be filled up by the Lodge or other Masonic Body. Contributing Lodges or other Masonic Bodies out of Hong Kong may annually appoint subscribing members of another Lodge or Masonic Body to represent them at all Meetings of the Trustees. Any representative of a Lodge or other Masonic Body shall not be deemed a Trustee until the notice referred to in Clause Two of the Ordinance of Incorporation including his name as a Trustee has been filed with the Registrar of Com- panies.

5. The Trustees shall elect annually by ballot from among themselves a President and a Vice-President. At all Meetings the President shall preside, or in his absence the Vice-President, or in the absence of both the Senior Past Master present.

6. The Trustees shall annually elect by ballot an Honorary Treasurer who must be a subscribing mem- ber of a Lodge in Hong Kong who shall collect all sums due to the Corporation and keep an accurate account of all moneys received and disbursed to be presented at each meeting. He shall also carry out the duties of Secretary to the Trustees.

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7. The Trustees shall also appoint one or auditors who shall not be Trustees to audit the accounts and present a statement at the annual meeting.

FUNDS.

8. All contributions shall be paid to the Honorary Treasurer and shall by him be placed to the credit of the Corporation in a local bank or invested as the Trustees may deem advisable.

9. No payment on account of the Corporation shall be made without the order of the Trustees, payment on Petty Cash Account excepted, for which purpose the Trustees may place such sum as they think fit at the disposal of the Honorary Treasurer, who shall furnish a correct account of all such payments at each meeting of the Trustees. All cheques shall be signed by one Trustee and the Honorary Treasurer.