He probably had to show it to them for inspection, but I suppose (believe?) it is his personal property. For example, what if he decided to go to yet a different Lodge? He would have had to show his demit from the first Lodge.
Note that in that profile, the sentence, "He was also a member of the John N Nance chapter of Newberry", the word "chapter" should be capitalized to "Chapter", if it is a Masonic reference. A Chapter refers to an organizational body within the York Rite, if I remember correctly.