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  Item Reference: KCLCAL-1893-1894-743

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BYE-LAWS XXI Investments All Moneys received at the Office and elsewhere on 3ehalf of the College shall be paid to the account of the ר ollege with such Bank or Banks as the Council may appoint ind so much of such moneys as shall be required for the 3arrent expenses and demands of the College shall be drawn for when ordered by the Council by two members of the Finance Committee and the cheques countersigned by the Secretary or so far as such cheques are required for the urrent expenses and demands of the Ladies' Department by the Secretary of the Ladies' Department or in the absence of 3ither Secretary by the Treasurer and such moneys as shall aot be required for the above purposes shall when ordered by the Council be laid out in Parliamentary Stocks Exchequer Bills Treasury Bonds or Public Funds of Great Britain or in such other Securities as Trustees may from time to time be authorized to hold either by Act of Parliament or by order of the High Court of Justice or in Debenture or Preference Stock of any Railway Company in Great Britain in actual work and paying dividend on its Original Stock and whenever neces- sary the Council shall cause the said Stocks or Securities or any part thereof to be sold and the moneys arising therefrom shall be paid to the account of the College with their Bankers for the time being Custody of the College Seal 10 The College Seal shall be kept in the custody of the Principal and Secretary and shall not be affixed to any instru- ment or paper without the authority of the Council Books and papers 710t to be removed from the custody of the Secretary without permission of the Council 11 No books or papers belonging to the College shall be removed from the custody of the Secretary without the express permission of the Council and no person not being member of the Council shall be allowed to inspect any
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