Retrieved from “www.archive.org of clearing-house rules, and acts as secretary of all the committees when they meet at the clearing-house. Although the constitution provides for the appoint- ment of a manager annually, it is the custom to retain the same one in office year after year. As a fact, there have been only three managers in the whole history of the association. The first, George D. Lyman, served until 1864, when he was succeeded by William A. Camp, who, after a long and honorable career of twenty-eight years as manager, resigned in 1892, and William Sherer. who had been assistant manager, was appointed to sue- View in Manager’s and Assistant Manager’s Rooms, New York Clearing-house 144 CLEARING-HOUSES ceed him. The present assistant manager is William J. Gilpin. The various committees

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