Page:United States Statutes at Large Volume 62 Part 3.djvu/197

 62 STAT.] NEW ZEALAND-U. S. EDUCATIONAL FOUNDATION-SEPT. 14, 1948 2805 Article 5 The management and direction of the affairs of the Foundation shall be vested in a Board of Directors consisting of eight Directors (hereinafter designated the "Board"). The principal officer in charge of the Diplomatic Mission of the United States of America to New Zealand (hereinafter designated "Chief of Mission") shall be Honorary Chairman of the Board. The members of the Board shall be as follows: (a) three officers of the United States Foreign Service Establishment in New Zealand, one of whom shall serve as Chairman and one of whom shall serve as Treas- urer; (b) two citizens of the United States of America, preferably one representative of American business interests in New Zealand and preferably one representative of American educational interests in New Zealand; and (c) three nationals of New Zealand, one of whom shall be prominent in the field of education. The United States members shall be appointed and removed by the Chief of Mission; the New Zealand members by Chief of Mission after consultation and agreement with the Government of New Zealand. Vacancies by reason of resignations, transfers of residence outside of New Zealand, expiration of term of service, or otherwise shall be filled in accordance with this procedure. The five members specified in (b) and (c) of the last preceding para- graph shall be resident in New Zealand and, subject to removal as hereinbefore provided, shall serve from the time of their appointment until the succeeding December 31 next following such appointment. They shall be eligible for reappointment. The Directors shall serve without compensation, but the Founda- tion is authorised to pay the necessary expenses of the Directors in attending meetings of the Board. Article 6 The Board shall adopt such by-laws and appoint such committees as it shall deem necessary for the conduct of the affairs of the Founda- tion. Article 7 Reports as directed by the Secretary of State of the United States of America shall be made annually on the activities of the Foundation to the Secretary of State of the United States of America and the Government of New Zealand. Article 8 The principal office of the Foundation shall be in Wellington, but meetings of the Board and any of its committees may be held in such other places as the Board may from time to time determine, and the activities of any of the Foundation's officers or staff may be carried on at such places as may be approved by the Board. Article 9 The Board may appoint an Executive Officer and determine his salary and term of service, provided however, that in the event it is Board of Directors. Honorary Chair- man. By-laws, etc. Reports. Principal office, etc. Executive Officer.

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