The Town of Putnam does hereby establish and create a Board
of Finance for said Town of Putnam, as provided in Connecticut General
Statutes § 7-340 et seq.
The Board of Finance shall consist of six members, two of whom
shall be elected to serve until the next election and until their
successors shall be elected and shall have qualified, two to serve
until the second annual election and until their successors shall
be elected and shall have qualified, and two to serve until the third
annual election and until their successors shall be elected and shall
have qualified.
The members of the Board of Finance shall be elected by ballot
at a special election legally warned for such purpose, and the Selectmen
of the Town are hereby instructed to call such a meeting for that
purpose as soon as may be done conveniently.
The Board of Finance shall have all the powers and duties which
are now or may be hereafter given them by the General Statutes of
Connecticut.