§ 4-6. Annual report of Trustees.

(a) In general.

It shall be the duty of the Board of Trustees to exhibit to the Mayor and City Council of Baltimore, annually, a full report in writing of their proceedings during the year, and of the state of the Institute, showing the number and condition of the scholars and all matters necessary to the full understanding of the affairs and situation of the Institute, which shall be certified by oath or affirmation of the president, secretary, and agent, and at least 1 of the Trustees.

(b) Accounting of receipts and expenditures.

It shall be accompanied by an account or statement, certified in like manner, showing the receipts and expenditures for the year, and the assets and pecuniary condition of the Institute.

(c) When due.

Said reports shall be addressed to the Mayor at least 10 days before the annual meeting of the City Council in each and every year.