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make such appointment has passed to the Directors' Actuary.

54. On being acquired on such behalf, the Directors shall from time to time give, or cause to be given, to the Committee or to any contributing member, and the Committee shall from time to time give, or cause to be given, to the Directors or to any contributing member, all such information as may be in their power respectively, as to whether any office under these presents is vacant or full ; and as to the happening or not of any event upon which the power of appointing an Actuary is to be transferred to other than the original hands, or upon which, or in consequence whereof, any general meeting ought to be or may be called.

55. In all cases (if any) in which there shall be a failure to appoint an Actuary or Actuaries, and no means are provided by these presents for making snch appointment, the appointment may be made in such manner as an extraordinary meeting, to be called by the Committee, or by any six contributing members, or by the Directors (whichever shall first call such meeting), shall direct, subject. to the approval of the Directors. And in all cases until the regulations alterable by Actuaries have been so altered by a valid report, the existing regulations for the time being shall remain in force.

56. The advertisement calling any extraordinary meeting shall particularize the business to be transacted thereat, and no businessnot so particularized shall be transacted thereat.

57. The business of the fund shall be conducted by means of the staff for the time being of the company, in such manner as shall, from time to time, be agreed between the Committee and the Di

rectors.

58. The Committee shall, from time to time, appoint one of the staff of the Company to be Secretary, with the consent of the Directors as to the individual selected.

59. The remuneration of all services performed in carrying these presents into effect by the Actuaries, the Secretary, or others, shall be in the discretion of the Committee.

60. The Secretary shall keep the records, books, and papers relating to the Association and business thereof (except these presents) allowing such inspection as hereinafter provided.

61. He shall receive and report to the Committee all applications for allowances out of the fund, resignations and other matters to be brought under the consideration of the Committee.

62. He shall advertise all general meetings called by the Committee.

63. He shall record the minutes of the proceedings of all gen

eral meetings, and of all meetings of the Committee, and the attendances of the members of the Committee, as well those appointed by the contributing members as those appointed by the Directors.

64. He shall perform such other duties with reference to carrying out these presents, as the Committee from time to time appoint.

65. A temporary substitute for the Secretary may at any time be appointed by the Committee at their pleasure.

66. The Committee shall cause full and true accounts to be kept of the fund, and of all sums of money expended under these presents by the Committee, and all persons employed by or under them, and of the matters and things for which such sums of money shall have been disbursed and paid, and shall cause full and true records to be kept of the times of commencement of membership, of the dates of first contributions, and of all chronological and other facts necessary or proper to be recorded, and shall also cause a register to be kept of the contributing members.

67. The books of the Committee shall be balanced thirty days at least before the day appointed for the ordinary meeting of one thousand eight hundred and fifty-six, and the day appointed for the ordinary meeting in every subsequent year.

68. Forthwith, on the books being so balanced, an exact balance sheet shall be made up, which shall exhibit a true statement of the fund, and the debts (if any) due and payable thereout at the date of making such balance sheet.

69. The books so balanced as aforesaid shall, for fourteen days previous to the day appointed for each ordinary meeting, and for thirty days thereafter, and every report of Actuaries shall at all times after the expiration of thirty days after the time of the same being presented to the Committee, and all other records and papers belonging to the associatiou, shall at all times be open for the inspection of any contributing member or recipient or claimant upon the fund, or any person authorized by writing under the hand of any such member, recipient, or claimant, at the office, between the hours of ten and four in the daytime. But no such member, recipient, or claimant, or other person, shall be entitled at any time, except as aforesaid, to demand the inspection of such books, reports, records, or papers, unless in virtue of a written order, signed by two members of the Committee.

70. Any person at liberty to inspect, under the last article or the seventy-sixth article, may, at the time of such inspection, take

any copies or extracts of or from any documents inspected.

71. The Committee shall deliver to the Auditors the accounts and balance sheet for the year, thirty days at least before the day appointed for the ordinary meeting, with reference to which they are to be balanced and made out respectively, together with all means of vouching and verifying the same; and the Committee and Secretary shall give to the Auditors every assistance in their investigation.

72. It shall be the duty of the Auditors to receive such accounts and balance sheet, and to examine the same.

73. It shall be lawful for the Auditors to employ such accountants and other persons as they shall think proper at the expense of the fund, and they shall either make a special report on the said accounts, or simply confirm the same; and such report or confirmation shall be made and given to the Committee at least fourteen days before the day appointed for such ordinary meeting as last aforesaid.

74. The Committee shall cause to be produced to the contributing members assembled at each ordinary meeting the balance sheet and Auditors' report, and also the Actuary's report (if any such report, as last aforesaid, shall have been made since the last ordinary meeting), applicable to the period immediately preceding such meeting.

75. No general meeting shall have any powers, except such as are conferred upon it expressly or by implication by these pres

ents.

76. These presents shall be kept by the Directors of the London and North Western Railway Company, who shall at all reasonable times, when thereunto required, allow every Director, Committee-man, or contributing member, or recipient, or claimant on the fund, or any person or persons, by such Director, Committee-man, member, recipient, or claimant, authorized in writing to inspect the same.

§ 7. Relief Department of Baltimore & Ohio Railroad Company.The Baltimore & Ohio Railroad Company has been more prominently identified with matters relating to the relief, pensioning and insurance of employes, than any other railroad company in this country. From 1882 to 1889 there existed the "Baltimore & Ohio Employes' Relief Association," specially incorporated under the act of the General Assembly of Maryland. At the instigation of certain labor organizations which alleged that the

railroad company made the organization a means of coercing its employes, the legislature repealed the charter of the Association. The railroad company then changed the whole system from that of a separate corporation to a department of the railroad company.

REGULATIONS.

GENERAL.

1. A department of the Company's service is hereby established, to be known as the "Relief Department."

Whenever the following words and titles occur in these regulatious they will, unless otherwise specified, have the meaning herein defined:

"Company" will mean the Baltimore and Ohio Railroad Com

pany.

"Department" will mean relief department.

"Committee" will mean the Committee of the President and Directors of the Company "on the Relief Department."

"Superintendent" will mean the Superintendent of the Relief Department.

"Service" will mean employment by the Baltimore & Ohio Railroad Company, or other corporation whose employes may participate in the privileges of the Relief Department.

2. The Company assumes general charge of the department; furnishes office room and furniture; gives the services of its officers and employes and the use of its facilities; becomes the custodian of its funds with full responsibility therefor, and guarantees the true and faithful performance of the obligations of the department in conformity with the regulations hereby established.

3. The relief department will be divided into three (3) sections to be known as the relief, savings and pension features, the accounts of which shall be kept separate.

The relief feature will afford relief to its members entitled thereto, when they are disabled by injury or sickness, and to their families in the event of their death.

The savings feature will afford opportunity to employes and their near relatives to deposit their savings and earn interest thereon, and enable employes only to borrow money at moderate rates of interest and on easy terms of repayment, for the purpose

of acquiring or improving a homestead, or freeing it from debt. The pension feature will make provision for those employes, who, by reason of age or infirmity, are relieved or retire from the service of the Company.

4. The Company will contribute to the department the following amounts:

$6,000 annually for the support of the relief feature, or when not needed for that feature, for the support of the pension feature.

$25,000 annually for the support of the pension feature.

$2,500 annually for the physical examination of employes.

5. The Committee will have charge of the operations of the department, and make any changes in these regulations which they may deem necessary. New regulations will be operative only when approved by the President and the Directors of the Company, and will then be binding upon the Company and the members of this department, who will be notified of the adoption of the same by publication thereof on the next monthly statement of benefits paid. The Committee will determine, on appeal from the Superintendent of the relief department, the rights of any member of the relief feature, depositor or borrower of the savings feature or pensioner, in reference to any claim made by such person and not allowed by the Superintendent, and their decision shall be final and conclusive. They will directly, or through a sub-committee of two or more of their members, pass upon applications for loans from the savings feature. They will report annually to the President and Directors the condition of the department, and will cause to be issued and posted in all shops and stations a monthly statement of benefits paid. They will also determine what disposition shall be made of the surplus funds of the relief feature at the close of each fiscal year; whether to decrease the next year's contributions; to increase the amount payable for natural death; to increase the efficiency of the pension feature, or otherwise promote the interest of those contributing thereto. They will direct all the investments for the several features of the department.

6. The President will, subject to the approval of the President and Directors, appoint a Superintendent, an Assistant Superintendent, an Actuary and a Chief Clerk of the relief department, and will fix the compensation of each.

The Superintendent will be the executive officer in charge of the department, and will report directly to the Committee, and

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