§ 2-5. Unfilled appointments; subsequent vacancies.

(a) Unfilled appointments.

(1) The President of the Institute, annually in the months of September and January, shall report to the Mayor and City Council the names of the students so appointed and in attendance at its schools, together with a list of vacancies, should any exist.

(2) If no appointment be made prior to the 1^st of October or February by the person entitled to fill a vacancy, the Mayor shall appoint a student to fill the vacancy.

(b) Subsequent vacancies.

In case of a vacancy for any reason among any such appointments, the President of the Institute promptly shall notify the person entitled to make any such appointment, who is then entitled to fill the vacancy by awarding the scholarship to another applicant who meets the qualifications of the Institute.