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SECTION III.

CHURCH EXTENSION BOARD.

¶167. The work of Church extension shall hereafter be conducted under the following provisions and regulations:

ARTICLE I. There shall be a Board of Church Extension, consisting of a President, Vice-president, Corresponding Secretary, Treasurer, and thirteen. Managers, to be elected quadrennially by the General Conference, and to continue in office until their successors are elected and accept. The Bishops shall be, ex officio, members of the Board. The Board shall fill all vacancies that may occur during the intervals of the General Conference.

ART. II. The officers elected by this General Conference shall, as soon as practicable, procure, under general or special law of the State of Kentucky,

an incorporation, whereby they and their successors in office, in perpetual succession, shall be made a body corporate under the name of "Board of Church Extension of the Methodist Episcopal Church, South," with powers of contracting and being contracted with, suing and being sued, and all other powers deemed necessary for the successful prosecution of the work, not inconsistent with these Articles.

ART. III. The Corresponding Secretary shall conduct the correspondence of the Board, under its direction, and shall be subject to the authority and control of the Board, by whom his salary shall be fixed and paid. He may be a member of any Annual Conference, but shall reside where the Board is located.

ART. IV. The Board shall be located in the city of Louisville, Ken

tucky, and shall meet at least annually at the time the Board shall determine, and at such other times as the President and the Corresponding Secretary may appoint. Nine shall constitute a quorum at an annual meeting, and seven at a called meeting.

ART. V. The revenues of the Board shall be derived from annual collections in every congregation; from special collections by the Corresponding Secretary, by the Woman's Department of Church Extension, and by the Bishops; and from gifts, devises, and bequests.

ART. VI. It shall be lawful for said Board to accept contributions to its funds from any person or persons capable of making the same, subject to annuities payable to the order of the person or persons making such donations; but all amounts so received shall be loaned by said Board on adequate se

curity or securities, and the aggregate amount of annuities that the Board shall assume to pay shall never be allowed to exceed one-half of the annual interest receivable on the loans made by said Board.

ART. VII. The Board shall have authority to regulate its own proceedings; to determine what amount each Annual Conference shall be asked to raise by collections for the use of the Board during the ensuing year; to appropriate money to pay incidental expenses; to determine what amount may be donated or loaned to each applicant; and to do such other business as may be legitimate and proper for them to do: provided, however, that no money shall be appropriated in the general work for other purposes than the purchase or securing of church-lots and the erection or securing of church

buildings and parsonages; and provided, further, that the Board shall not involve itself in debt, except as provided for in Art. VI.

ART. VIII. The Board shall have authority to raise and administer a Loan Fund, which shall be held separate from funds raised for general distribution, and which shall be used only in loans on adequate security, to be determined by the Board; to receive and hold in trust for the Methodist Episcopal Church, South, any real or personal property, and to sell and convey the same for the uses and objects herein declared.

ART. IX. All applications for aid shall set forth

1. A description of the building for which aid is asked.

2. The estimated and probable cost when completed.

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