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<br /> Gy-L�iws o£ i'he Nehraska Anaual Conferen� e � :
<br /> Section 3 . Lleposi: Cs . P_1i funds oI t ? , e {� a�- poration siiall be 3epc�sited ir <:-rn tir..r>
<br /> ,',�' to tim,e to the ezedit af ' Che porporacion iia sucti �anlcs or other depositories as
<br /> the Bosrd of Trustees may seler. t .
<br /> Seari.on 4 . Gifts . 'C"I�c 3toard of Trustses s:,.-y a�c �:pt on b �!:eZ � c ;: tF�e c :,r ��ration
<br /> any ccrntritautiorx , gi £t , baquest or devzse for the general purposes , or for "any ,
<br /> s �zciai purpose, of ttze corporation , and may reject any su� h contribution , g3 £t ,
<br /> bequest or devise , if the souxce thereof , ar any restrictions or reservations
<br /> attached thereto , or thz purpose for which such prop+erty or f�xnds are intended , is
<br /> deemed by the Sra$rc3 of Trustees to make rhe acceptance of sucf2 properLy or fus�ds
<br /> ` not in thc be$ � a4�texests o £ the corooration . `
<br /> Seccion 5 . Safelceeping . Al2 deeds , leases , abstracss of title , contracts ,
<br /> insurance policies , securitiee , evidences of ow�ersh3. p of property nf the cqrpora--
<br /> tioa , and other vaivable papers and �roperty shall be kept under auch safekee �+ing `
<br /> K� ' or ' cu� todisi ar�angen,ents as the Soard of Trustees st�all from time to time , direct .
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<br /> Sec :: ion 6 . Acquisition , Use und Disposition of Prop�rty . Property st�.a12 ' be -
<br /> acquired , . used and . disUosed o£ for the use and benefit of The Bizited Methodist
<br /> Church and suUordinate and affiliatad bodies , organizations and corporatians , for
<br /> such ` purposes as the membezs of , the corporation direct , or the Soard o £ TrusLees ,
<br /> determi.nes .
<br /> Section 7 . Committee of Board o £ Trustees . The Board af Trustees may , Sy rsso -
<br /> lution. adopted by a z�ajority of the members of such Soard , desigaate a committee
<br /> or committees of their members , each coasnittee to consis [ of twa or r.rare Trustees ,
<br /> which comnittees shali tiave such n�wers of the Sosrd of Trustees as shuil be
<br /> ' , delregated La them by such resolution , provided that no such committee shall exer-
<br /> cise a�ry power protiibited ta a committee by Section 21 - 2 '�20 , R : R . S . 1943 : Ttie
<br /> ,. ± Board of Trustees may , 6y resoiutian , abolish any such comsnittae , or Limf. t , expand ,
<br /> or otherwise alter the pawers so granted _
<br /> VZII .
<br /> Investment Palicy
<br /> Uniess othezz�ise provided by the terms of any gift , bequest or devise . the $oard
<br /> ' , of Trustees in acqniring , investing , re - investing , exchanging , retaixling , selling ,
<br /> and ' rianagin� property beianging to the Corporation , shall exerc £se the judoment
<br /> and cara under t #�e circumstances then prevailing , which men of prudence , discretion
<br /> and in �elligence exercise in the manabement of their own aFfairs , not in regard
<br /> ta s {�ecu2ativn t� ut in regard to the permanent disposition of t!�eir fun3s , cansi -
<br /> ;,. ' derin� the ' probable inaome as we11 as the probable safety of tneir capiCal . 4JiChin
<br /> ; ': ' the liaraitations of the €oregoing standard , the Bpard of Trustees may acqaire ,
<br /> invss [ in; �nd retain every kind of property , real , personal or mixed and every
<br /> kired of investmen[ , inc3uding speciiically but wirhout in any way 3imi. tir� tkie
<br /> generality of tl� e Lvregoin� , bonas , �ebenl- ua•es , and other :: orp�raCe oblig�tians ,
<br /> s �ocl�s , preferred ar cosmnan , and real �state mortgages , cahich men of prudence ,
<br /> discretion aaid intelligez�ce acquire , inv�st in or retaln for their awn acc.flunt ,
<br /> and prescribe suclx i;eneral princip3es governin� ths 3nuestment af manies � f tlie
<br /> Ccarporatiorc irom iirae ta time as the 13uard o£ Truste�s deesns ta be �soper and in
<br /> accotd wit2i the general social aims of The tTi;ited Methodist Cttnrch .
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<br /> ,p��. t s..__ _� ee_ _ � om� __ s s.3 rec .^,> s af a�c �u:� �� ar,d
<br /> minutes of the }sroceedings a £ its members , it Board of Trustees , an& all committees `3
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