Baltimore commercial journal, and Lyford's price-current. [volume] (Baltimore, Md) 1840-1849, 1849-10-27
RULES AND REGULATIONS
OF THE BOARD OF TRADE.

THE BOARD OF TRADE or THE CITY OF BALTIMORE
ARTICLE 1st.-The officers of this . Board Of
Trade" shall consist of a President four Vice Pres
dents, twenty-tour Directors, a Secretary and a
Treasurer, who shall in the first instance be chosen
by ballot and annually thereafter by ballot, at the
annual meeting, for wear. And the Secretary
shall be remunerated for his services by such salary
as may be fixed by the President and Directors an
nually.
| ARTICLE 2nd.-TMs Association shall hold an
! nual and special meetings. The annual meeting
shall be held the first Monday in October OF every
| year, and special meetings may be called by order
of the President Of the Vice Presidents when
occasion may require, Of which the Secretary shall
| give public notice.
ANrCLE 3d-rhe Board of Directors shall meet
stately, on the first Monday OF every month, tor
the transaction of such business may come before
| them; and at the stated meeting in October, shall
lay before the Assocatona report OF the proceedings
! OF the past year,
Article lth.-'rhe President, or one of the Vice
Presidents and eight directors shall be quorum for
the transaction OF business, and in the absence OF the
! President, and all the Wee Presidents, they shall
have power to appoint President for the time
/ being.
| ARTICLE jth.-The said officers shall appoint a
standing monthly Committee consisting OF i've mem
| beers Of the Association, which shall be styled the
! Committee of Arbitration (two OF whom shall be
| rejected by the Etigants.)
| ARTICLE 6th-rhe duties Of the Committee Of
Arbitration shall be to arbitrttc and decide all dis
pHted accounts aud contracts, and all controversies
ui mercantile character, which may be brought be-
fore them by the members: the parties having pre-
yously signed Penalty Bond, Tor such amount
as the committee may require, to abide by the dec
/ sion Of the same
| Article 7th.-The Committee of Arbitration
shall render their awards in writing to the parties i'll
controversy, through the Secretary OF the Board,
wit hin week after their decision shall have been
made.
Article Sth-Thc fees Of the Committee of Ar
bitatOn shall not be less than $500, more than
$500, the amount to be left discretionary with the
committee, and to be Paid to the Treasurer for the
OF the Board.
ARTICLE 9th.-.iny members desiring the services
Of said committee shall notify the Secretary, in
writing. and state the character Of the case Tor III
VCstigullOn
Article 1Gth.-Whency report Of case
which has been nvcstig atcd by said committee is to
be sent abroad, it shall be signed by the committee,
attested by the President one OF the Vice Presi-
dents.
Article 1lth.--No member of the Association
who is cognisant OF any fact facts iii a before
the Committee of Arbitration shall refuse to give
testimony before said committee, if notified in writ
ing by the Secretary, of the time and place, when
and where his evidence may be required, upon pain
OF expulsion from the Association, without salts
factory excuse, for such refusal.
ARTICLE 12th.-Ihe Secretary shall keep an ac-
curae record OF the transactions of the Board of Di-
rcctors at their monthly meetings, and Of the annual
meetings Of the members, attend the sittings Of the
Committee Of Arbitration, record their decisions,
give notice to SAID Committee when their services
required render copy OF their yerdicts to the
parties III the collect the fees Of arbitration, ana
all other monies dIe the Board, and pay the same
over TO the Treasurer, read the minutes Of the last
previous meeting at the monthly meetings Of the
Directors and annual meetings OF the members. and