708 LAWS OF MARYLAND. [CH. 282

time of his appointment to serve an initial term of two
years, one Board member to serve an initial term of three
years, and the remaining Board member to serve the full
term of four years, but thereafter the successor of each
appointed Board member shall serve the full term of four
years. Vacancies on the Board caused by death, resigna-
tion, refusal or inability to serve, shall be filled by appoint-
ment by the Governor for the unexpired portion of the
term. The officers of the Board shall be a Chairman, a
Vice-Chairman, a Secretary, a Treasurer, and such addi-
tional officers as may be created by the Board from time
, to time. The Board shall meet annually and officers shall
be elected to hold office until the next annual meeting.
The Board shall have the right to formulate and establish
by-laws not inconsistent with the provisions of this com-
pact to govern its own actions in the performance of the
duties delegated to it including the right to create and ap-
point an Executive Committee and a Finance Committee
with such powers and authority as the Board may delegate
to them from time to time. The Board may, within its
discretion, elect as its Chairman a person who is not a
member of the Board, provided such person resides within
a signatory State, and upon such election such person shall
become a member of the Board with all the rights and
privileges of such membership.

It shall be the duty of the Board to submit plans and
recommendations to the States from time to time for
their approval and adoption by appropriate legislative ac-
tion for the development, establishment, acquisition, opera-
tion and maintenance of educational schools and institu-
tions within the geographical limits of the regional area
of the States, of such character and type and for such
educational purposes, professional, technological, scientific,
literary, or otherwise, as they may deem and determine to
be proper, necessary or advisable. Title to all such educa-
tional institutions when so established by appropriate legis-
lative actions of the States and to all properties and facili-
ties used in connection therewith shall be vested in said
Board as the agency of and for the use and benefit of the
said States and the citizens thereof, and all such educa-
tional institutions shall be operated, maintained and
financed in the manner herein set out, subject to any pro-
visions or limitations which may be contained in the legis-
lative acts of the States authorizing the creation, establish-
ment and operation of such educational institutions.

In addition to the power and authority heretofore grant-
ed, the Board shall have the power to enter into such
agreements or arrangements with any of the States and