nendment No. 3 Registry No. 1030-12 

NATIONAL RECOVERY ADMINISTRATION 

AMENDMENT TO 

CODE OF FAIR COMPETITION 

FOR THE 

RETAIL MONUMENT 

INDUSTRY 

AS APPROVED ON JANUARY 15, 1935 

WE DO OUR PARl' 

-· .. ·- 1 ~-~""- _._, I 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

W ASBINGTON: 1935 

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Approved Code No. 366-Amendment No. 3 

AMENDMENT TO CODE OF FAIR COMPETITION 

FOR THE 

RETAIL MONUMENT INDUSTRY 

As Approved on January 15, 1935 

ORDER 

APPROVING AMENDMENT oF CoDE OF FAIR CoMPETITION FOR THE RETAIL 

MoNuMENT INDUSTRY 

An application having been duly made pursuant to and in full 

compliance with the provisions of Title I of the National Industrial 

Recovery Act, approved June 16, 1933, for approval of an amendment to the Code of Fair Competition for the Retail Monument 

Industry, and notice of opportunity to be heard havinO' been given 

and the annexed report on said amendment, containing ffndings with 

respect thereto, having been made and directed to the President: 

NOW, THEREFORE, on behalf of the President of the United 

States, the National Industrial Recovery Board, pursuant to authority vested in it by Executive Orders of the President, including 

Executive Order Number 6859, dated September 27, 1934, and otherwise; does hereby incorporate by reference, said annexed report and 

does find that said amendment and the Code as constituted after 

being amended comply in all respects with the pertinent provisions 

and will promote the policy and purposes of said Title of said Act, 

and does hereby order that said amendment be and it is hereby 

approved, and that the previous approval of said Code is hereby 

amended to include an approval of said Code in its entirety as 

amended. 

NATIONAL INDUSTRIAL RECOVERY BOARD, 

By W. A. HARRI¥AN, Administratwe Officer. 

Approval recommended: 

HARRY C. CARR, 

Acting Division Administrator. 

WASHINGTON, D. C., 

J anuary 15 1935. 

100333°----1465-92----35 (1) 
REPORT TO THE PRESIDENT 

The PRESIDENT, 

The White House.. 

Sm: This is a report on an Amendment to the Code of Fair Competition for the Retail Monument Industry. This Amendment was 

proposed by the Code Authority in accordance with Article X of the 

Code, approved March 26, 1934, and provides for incorporation of 

the Code Authority. Notice of Opp 3rtunity to be Heard has been 

issued to all interested parties and no obJections have been filed 

against the proposed Amendment. 

The Deputy Administrator in his final report to the National Industrial Recovery Board on said Amendment to said Code having 

fo~nd as herein set forth and on the basis of all the proceeqings in 

th1s matter; 

It finds that: 

(a) The Amendment to said Code and the Code as amended are 

well designed to promote the policies and purposes of Title I of the 

National Industrial Recovery Act including the removal of obstructjons to the free flow of interstate and foreign commerce which tend 

to diminish the amount thereof, and will provide for the general 

welfare by promoting the organization of industry for the purpose of 

cooperative action of labor and management under adequate governmental sanction and supervision, by eliminating unfair competitive 

practices, by promoting the fullest possible utilization of the present 

productive capacity of industries, by avoiding undue restriction of 

production (except as may be temporarily required), by increasing 

the consumption of industrial and agricultural products through increasing purchasing power, by reducing and relieving unemployment, by improving standards of labor, and by otherwise rehabilitating industry. · 

(b) The Code as amended complies in all respects with the pertinent provision of said title of said act, including without limitation 

subsection (a) of section 3, subsection (a) of section 7 and subsection (b) of section 10 thereof. 

(c) The Code empowers the Code. Authority to present the aforesaid amendment on behalf of the Industry as a whole. 

(d) The amendment and the Code as amended are not designed to 

and will not permit monopolies or monopolistic practices. 

(e) The amendment and the Code as amended are not designed 

to and will not eliminate or oppress small enterprises and will not 

operate to discriminate against them. 

(f) Those engaged in other steps of the economic process have 

not been deprived of the right to be heard prior to approval of said 

amendment. 

For these reasons it has approved this amendment. For the National Industrial Recovery Board: 

J ANU.ARY 15, 1935. 

(2) 

w. A. HARRIMAN' 

Administrative Officer. 
AMENDMENT TO CODE OF FAIR COMPETITION FOR 

THE RETAIL MONUMENT INDUSTRY 

Article VI is herebr, amended by the addition of a new last paragraph numbered " 12 ' and reading as follows : 

"SECTION 12. Incorporation of Code Authority. The Code Authority may incorporate under the laws of any State of the United 

States or the District of Columbia, or may assume or adopt such 

existing corporate form under any of such laws as it may deem 

appropriate for the proper performance of its activities, powers 

and duties under this Code. Such corporation or corporate form 

shall be not for profit and it is to be known as 'Retail Monument 

Code Authority, Inc.'; provided, however, that the powers, duties, 

objects and purposes of said corporation shall be limited to the 

powers, duties, objects and purposes of the Code Authority, as pruvided in this Code; and provided further that the Code Authority 

shall submit to the National Industrial Recovery Board, for its approval, its proposed Certificate of Incorporation and proposed ByLaws, and no amendment of either shall be made without the like 

prior approval of the National Industrial Recovery Board; and provided further, tha.t the Code Authority shall submit, with its proposed Certificate of Incorporation and By-Laws, the written opinion 

of an attorney at law qualified in and conversant with the laws of 

the jurisdiction in which the Code Authority seeks to be incorporated, as to the nature and extent of the jurisdiction, powers and 

authorities exercisable by the State in question, and its agencies over 

the activities of the Code Authority as a corporation. 

"If at any time the National Industrial Recovery Board shall determine that the corporate status as umed by the Code Authority is 

interfering with the proper exercise of its powers and duties under 

this Code, or with the effectuation of the policies or purposes of the 

Act, it may, after such notice and hearing as it may deem necessary, 

require an appropriate modification of the structure of the Corporation (if consistent with the law of the State of Incorporation), the 

substitution of a corporation created under the laws of another State 

in the sam manner as the existing Code Authority, the substitution 

of a non-corporate Code Authority truly representative of the Industry, or such other actions as it n1ay deem expedient." 

Approved Code No. 366-Amendment No. 3. 

Registry No. 1030-12. 

(3) 

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