Retrieved from "www.archive.org a list of nominees for officers for the succeeding year, such list to be presented at least two weeks before the meeting next after their election. A standing committee of five bank presidents or other directors of banks, members of the association, to be called the " clearing-house com- THE BOSTON CLEARING-HOUSE 245 mittee," is elected annually, to serve for one year, and to their care most of the important interests of the associa- tion are intrusted, as at New York and elsewhere. They appoint the manager, whose salary is fixed by the asso- ciation, and who is required to give bond in the sum of ten thousand dollars, such bonds to be approved by the clearing-house committee.

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