1. The Solicitor of the Society shall peruse and examine he title to all property from time to time offered as security and shall prepare the mortgages and other securities to be execued by the Members. Should the Solicitor be of opinion that be title to any property cannot be safely accepted by the Society he shall, if required by the Board of Directors, state the nature of his objections in writing to the Board of Directors, and the est of investigating such insufficient title shall be borne and paid by the Member proposing the security.