Repository: UIHistories Project: Student Regulations - Undergraduates - 1930 [PAGE 43]

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deposit with the liusinaw Manager of the Company before October 1 next a iter hit appointment, a bond of $1000 payable to the Company. He d u l l conduct the business of the Technograph, make all advert**ing and subscription contracts, pay inadenUl expenses, and have general management of the nnsn* cial department of the magazine, except make no payment of salaries or commissions or sign any printing contract or make any schedule of advertising rates not previously approved by the Board of Directors- He shall render a full report of the business of the Technograph to the Board of Directors at the end of each semester of the collegiate year and at such other times as may be requested. Before the close of the college year in which he is appointed the Business Manager shall present to the Board of Directors nominations for members of his staff. He shall close his accounts and deliver to the Business Manager of the Publishing Company before July 1 all books and other properties belonging to the magazine, including an itemized statement of all outstanding accounts. & The annual salaries of the staff of the Technograph shall be as follows: Editor $100.00 Business Manager 100.00 9. The salaries above stipulated are payable in quarterly sums of one-quarter at the middle and one* quarter at the end of each semester. Members of the staff dismissed for inefficiency or other similar cause will receive no money recompense for the quarter in which they have not served one-half the time; otherwise they shall be paid pro rata. 10. Any sum remaining to the credit of the Magazine after all bills for the year shall have been paid or deducted, and not later than July 1, shall be assigned to the Treasurer of the Company, to be apportioned and appropriated by the Board of Directors in the following manner: (a) two-thirds to the staff; (b) one-third to the general fund of the Company, provided that all profits over $1000 in any year snail belong to the Company. . The Siren The Siren shall be published monthly during the college year by the lllini Publishing Company in accordance with the following by-laws: . «,« ~ By-Laws of The Siren 1. The staff of the Siren shall consist of an Editor and a Manager and such assistants as may be nominated by the Editor and Manager respectively and appointed by the Hoard of Directors. 2. The Editor and Manager shall be appointed at the regular meeting in May for a trim oi one year 45