The governance of the university is conducted through the board of governors and the senate, both of which were established in the Act to unite Toronto Baptist College and Woodstock College in 1887. The board is responsible for the university's conduct, management, and control of the university and of its property, revenues, business, and affairs. Ex officio governors of the Board include the university's chancellor, president, and the chairman of the board-senate committee on long-range planning. The Board also consists of 34 other governors, either appointed or elected by the various members of the university's community, including elected representatives from the student body. While The McMaster University Act, 1976 outlines that the board be only composed of 37 members, the Board also includes 12 honorary members, bringing the total number of governors to 51.