Repository: UIHistories Project: Student Regulations - Undergraduates - 1930 [PAGE 67]

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Article V. Officers end Their Dutiet Section 1. The officer* of the Board of Director* shall be a Chairman, a Vice-chairman, a Secretary, and a Property Manager, each hoMing office for one year or until their successors are selected. Section 2. The officers shall be elected by the mem bers of the Board of Directors; the election of said officers shall take place at the Organization Meefin The Property Manager shall be approved by the II nois Union. " Section 3. The duties of these officers shall be the usual duties pertaining to their respective offices. Section 4. The Chairman shall prepare an annual report to be published in the Daily lllini, shall appoint committees, and shall make such official reports as may be required by the regulations of the University of Illinois. ection 5. The Property Manager shall hare charge of the properties, etc., these properties being in tlie custody of the Illinois Union. Article VI. Administration of Property Section 1. The lllini Theatre Guild shall own all property, scenery, and other accessories purchased for use in any production under its supervision. Section 2. The Board of Directors is empowered to dispose of property so acquired in any way which seems compatible with the best interests of the Guild* Article VII. The Fiscal Tear Section 1. The fiscal year for all members of the Guild shall close on June first. Article VIII. Treasury Residue! Every organization, before becoming a regular mem* ber of the lllini Theatre Guild, shall pay over to the Guild ninety per cent of all residues that it may have in its treasury. Article IX. Associate Members Section 1. Associate members are not guaranteed against deficit by the lllini Theatre Guild. Section 2. They shall in all respects have the cooperation of the Guild. Their general manager and the date or dates of their performances must br approved# by the Guild. Section 3. Associate members shall contribute not less than ten per cent of their net profits to the lllini Theatre Guild. Article X. By-Laws of Member Organizations By-Laws to the lllini Theatre Guild agreeable to the Hoard of Directors of the Guild and to the member organizations concerned shall be drawn up for each member of the Guild. 69

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