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5 memorandum receipt after receiving the signed statement. 6 All valuable equipment shall be safeguarded by the nursey supervisor. 7 The parents of any chil damaging or losing equipment shall pay for it. 8 Funds donated and raised by the club shall be used for equiping the nursery. Fees shall be used for operational expenses only. 9 The playground shall not be used after 5 o'clock. 10 Equipment shall be inventoried monthly by the Board Chairman. FINANCES 1 The Treasurer of the Nursery Fund shall collect fees Monday ofeach week and deposit same to Nursery Fund account. 2 All bills shall be paid by check. 3 Books shall be audited monthly by the Board Auditor 4 A financial statement shall be presented to the club at the business meeting each month. 5. A [[strikethrough]]surplus[[/strikethrough]] ^[[balance]] of $300 shall be kept in the fund at all times. 6 No fees shall be returned for any reason. CUSTODIAN 1 The supplementary fee to the custodian (duty assignment of a soldier) shall be $15 per month. The custodian shall be paid by check the last Friday of each month. 3 The duty of the custodian shall be to keep the nursery building and playground clean at all times. 4 The custodian shall see to it that all equipment and the building are properly locked at 5 o'clock.