Statutes of the Credit Association of Proprietors of Small Landed Estates in Jutland
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it sees that the interest of the bends of the Aasooiation are duly paid at the maturity dates, and l^e bends drawn for r^ayment are redeemed It seems that the cash balance in hand ie made productive, either by purehase ef beads of the /seeoiation or in eome other secure manor. Upon the whole the Board shall tr^saot all the current business matters and protect the iaterests of the Aeeoeiation in the best possible manner in accordance with the statutes and a course of bueineee adopted by the coun...cil on the proposal of the Board. PARA0RAPH 52, The Board engages the neceeeary assiatanee for the transaetion of the financial businesa aad book-keeping etc. Ihe salary of the permanently ea* gsged elerke shall be fixed by the Council aooordlag to the proposal of the Board. Pag* 26* PARAGRAPH 53» lSn» finoDoial year of the ^Bsoolation sh&ll b® reekoaed froia the let of April to the 31et Marah. gpeeiftl extract e ehall be made out each quarter of the reepeotive revenuee and expenditures* The annual atatwteat of accounts •hall be r«ndered before the subeequwit ISth June.
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