The board of library directors shall, immediately after their appointment, meet and organize by the election of one of their number as president, and by the election of such other officers as they may deem necessary. They shall make and adopt such bylaws, rules and regulations for their guidance and for the government of the library and reading room as may be expedient.
The library board directors shall have the exclusive control of the expenditure of all monies collected for the library fund, and the supervision, care and custody of the room or building constructed, leased or set apart for that purpose; and such money shall be drawn from the treasury by the proper officers, and properly authenticated vouchers of the board of library directors, without otherwise being audited. They may, with the approval of the mayor and city council, lease and occupy, or purchase or erect on purchased ground, an appropriate building; provided, that not more than one-half (1/2) of the income in any one year can be set apart in said year for such purchase or building. They may appoint a librarian and assistants, and prescribe rules for their conduct. (1960 Code, Sec. 1-603)