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H Y B H of the Corporation, and sh a ll present at each Annual Meetirg of the Stockholders, a f u l l report of the assets and li a b i li t i e s o f the Corporation, and of the previous year’ s business; and s h a ll, from time to time, make such other special or general reports to the Board of D irectors, and the Executive Committee, as they may request and require* The Treasurer may be required to give a bond in such sura as the Board of Directors may requ ire, with su reties to be approved by the Board of D irectors, fo r the fa ith fu l discharge of the duties of his o ffic e . And the Treasurer sh a ll perform such other duties as the Board of Directors may from tirpe to time prescribe. Sec* 7. AUDITOR; The auditor sh all have supervision and control of the accounting; department and of 1he account books o f the Corporation, and it s h a ll be his duty, by him self, or his deputies, to c e r tify to the correctness of a l l vouchers and pay r o l ls for. payment, before the same sh all be paid by the Treasurer* "• 'l ^ Wl M . j i The Auditor sh a ll make a report at each Annual Meeting of the Stockholders of the transactions and accounts of the Corporation, fo r the precedirg fis c a l year, and sh a ll make reports of the same or any part thereof when and as often as re­quired so to do by the President or Vice-President or the Board o f D1rectors or Executive Committee. Sec. 8. RELEASE OP MORTGAGES: The President, Vice- President and Secretary sh a ll have power to cancel mortgages, Jupon the payment or satisfactio n thereof! by signing and executing such form of release of mortgages as pay be prescribed by law. , , ARTICLE V. Stoqk. Sec* 1. CERTIFICATES CP STOCK: C ertific ates of Stock m y be issued p rio r to the f u ll payment th erefor, to w it : a fte r the payment of ten (1Cf%) per cent; but such C ertific ates must show the per cent of thepar value of the stock actually paid fo r. (6) 1