--11--

ARTICLE 15
BONDING OF INTERNATIONAL OFFICERS AND EMPLOYEES
1	        The Board of Trustees shall arrange for the bonding of
2      International officers and employees. The members of the Board of
3      Trustees shall be bonded for not less than $500,000.00 each; all other
4      officers and employees, if required, shall be bonded for not less than
5      $25,000.00 each, all payable to the United Transportation Union.