Duties and Remuneration of the Surveyor.

26. The Board of Management shall from time to time appoint three from their number who shall form a Survey Committee; two to form a quorum. The duties of the Survey Committee shall be to survey property offered as security for an advance of the funds of the Society, who shall render their report, in writing, to the Board, who shall decide thereon. The Board shall be empowered to employ a Surveyor when necessary, whose duties shall be to examine all lands and buildings offered and given as security, and make a true and correct report, in writing, of the value and eligibility thereof, and of the state and progress of any building or buildings, on which any advance may have been or is intended to be made; such report to be left with the Secretary, who shall lay the same before the board at the next meeting. He shall give the Board, whenever required, the fullest and most correct information relating to the property page 14 and the progress or state of any building or buildings so surveyed or examined by him. The charges to be made by the Surveyor, and to be paid by the member, shall be as follows:—For a loan of £250 and under, 10s 6d; over £250 and up to £500, one guinea; above that amount, two guineas. When the loan is made in instalments as buildings progress, a report will be required before payment of each instalment, for which a charge of five shillings shall be made. If the property surveyed be at a distance from the city of Christchurch, the Board may sanction an additional charge.