affairs of the corporation when the Board is not in session, and shall have immediate charge, control and regulation of the Institute when completed and in operation.
3. An Auditing Committee to consist of three (3) members of the Board of Trustees, none of whom shall belong to the Executive or Finance Committee. It shall be the duty of the Auditing Committee to examine the Treasurer's books and vouchers quarterly, and to audit his accounts before they are presented to the Trustees, and also to examine and certify his annual statement before it is presented to the Society; it shall also, at least annually, and oftener if deemed necessary, examine the securities of the permanent funds of the Society and report thereon to the Trustees, employing for any of the foregoing reports such professional accountants or assistance as may be deemed necessary.
4. A Committee on Acquisitions to consist of five (5) members, one or more of whom may, in the discretion of the Board of Trustees, be expert, and may be non-resident in the city of Minneapolis or State of Minnesota. One of the Vice-Presidents shall be chairman of this committee. All objects of art proposed to be given to, or purchased by, the Society, shall be submitted to, and examined by, this committee, and no object
