There shall be a standing Finance Committee to consist
of nine voters, no one of whom shall hold any other Town office, and
the election to any other Town office shall terminate the individual's
membership.
The present members of the Finance Committee previously
appointed shall continue in office until the expiration of their respective
terms and, in addition, the Select Board shall appoint in the year
1940 five men, three for a term of three years, one for a term of
two years, and one for a term of one year, and each year succeeding
1940, three men for a term of three years.
It shall be the duty of the Finance Committee to investigate
and report to the Town, with their recommendations, all pertinent
facts relating to any article in the warrant, the subject matter of
which pertains to the appropriation or expenditure of money, the creation
of a debt, or the disposition of Town property. For this purpose the
Committee shall have access to all books, vouchers, and other documents
and papers belonging to the Town.
The Committee shall confer or consult with such departments,
officers, employees or committees as may have information concerning
the subject matter under consideration, and it shall be the duty of
all departments, officers, employees or committees to communicate
to said Finance Committee such information as they may possess relating
to the same.