The Finance Committee, one of the original standing committees of the Board of Trustees, has general direction of the N.Y.P.L. Corporation's finances, particularly the investment of funds. It consists of no fewer than three trustees, the Treasurer...
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The Finance Committee, one of the original standing committees of the Board of Trustees, has general direction of the N.Y.P.L. Corporation's finances, particularly the investment of funds. It consists of no fewer than three trustees, the Treasurer being ex-officio a member of the committee. Records consist of minutes, reports, correspondence and other materials that document the activities of the Finance Committee. Minutes are bound in volumes for each year and are records of Finance Committee meetings. Reports are printed summaries of finances issued annually by the committee. Correspondence & Other Records include some Treasurer's Reports, estimates for appropriations, and vouchers. Roland L. Redmond Files are correspondence retained by Redmond, who was a trustee from 1938 to 1969. The bulk of it is Finance Committee related correspondence between Redmond and the Board's Assistant Treasurer, the United States Trust Company. Copies of Board of Trustees Resolutions, arranged chronologically in three letterbooks, were presumably retained by the Finance Committee because of their stipulations regarding appropriations.
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