The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1872-11-28
not exceeding thirty, they remain unpaid

d1LoE SuCu uOllC0s --L.
And IL after the expiration of three months
they still remain unpaid, the defauldng mem
Der shall be dropped from the roll OF the Elk
7. Every member upon signing the CoDsti-
tuition pledges himself to abide Dy the same,
and also by the Bylaws, Rules and Reguia;
lions which may hereafter be adopted;
8. Any member may be represented by an
Attorney, who must be bis bona flde clerk or
agent, on the payment into the Treasury OF
the Exchange OF twenty-five dollars, ana n!lDg
a written agreement with the superintendent
binding the member and his firm for all trans-
actions of such Attorney.
The said Attorney must be approved oy q
majority of the whole Board OF DilectoLsa
He shan be subject to all the Rules an9
Regulations, which apply to members, ana
for cause shown may be required to Withdraw
from the Exchange at the written requesI ol
FIVE members, addressed to ana approved ny
the presiding officer. n,u,,,or.
majority of the whole Board OF Directors
NAV. at any time, exclude such Attorney
from the privileges Of the Exchange.
ARTICLE v.
ASSOCIATE MEMBERS.
/. Any resident of Charleston not engagea
In active mercantile busi:ess may De electeu
an associate member upon payment OF Cne GU
trance fee prescribed in Article W.. ,.,
2. Such associate members snail oe enlltleu
to the ordinary privileges OF the EAonange,
| meas therei :. or to serve on Committees, or 10
vote. or i'm any manner participate In the pro,
ceedings OF the Association. .u,r, o,nr
q. They shall pay twenty-five dollars annu,
a,ly into the treasury OF the Association, anu
shsIi he subject 10 oil the rules and regula-
lions OF the Exchange equally with acu'e
me"oe ARTICLE vi.
THE PRESIDENT. -
I. The President shall preside over all gen.
! eral meetings of the Exchange ana Of Inc
| Board Of Directors, and shall Do ex-o1iclo
| chairman Of all Committees o" may tnlnk
proper 10 attend, except the Committee Of
Arbitration and Appeal.
| mittees not otherwise provided Tor, and TO
call special meetings OF the Association, Inc
BOARD OF Directors aud the several Committees
whenever in his Judgment the same may De
necensary. and shalt exercise q general super
vision over the affairs OF the Exchange.
ARTICLE VII,
THE SUPERINTENDENT.
L. The Superintendent shall have general
charge of the Exchange rooms. He shall at.
tend all general meetings OF the Board OF
Directors, and OF Committees when required.
His s6alI record all contracts entered into
and arbItrations made. he shall receive and
take charge OF all fees, dues and other prop
erty of the Association, and dispose OF tne
same as the Directors may instruct, keeping
| proper books of account, which SNAIL at ali
| Zines be open for inspection OF the President,
ihe Board Of Directors, and Finance Com
mittee: ,o...
OF Directors of bis accounts, and the funds and
other property In his charge, and generally
perform such duties as are proper and Incl
dent to his Office as may be required by the
Board.
He shall give a bond. with two suretles ap-
proyed by The Board, In the sum OF $500 Tor
The safe keeping OF the funds and securities 10
His remuneration shall be fixed by the
Board of Directors, and he shall be expressly
prohibitedlfrom making use OF his position
to enter into any private specnlalions.
ARTICLE VIII.
DUTIES OF COMMITTEES.
l. The Committee on Information and Sta'
tistics shall have charge OF all matters per-
tanning TO supply OF newspapers, market re.
ports and lelegraphlc and statistical infor'
nation.
Quotations shall have charge of all questions
Of clsssiacations Of cotton aud other stapiea.
They shall inquire and report as to the
standards OF other principal markets, and Oh
tain and keep on exhibition samples of the
standards Of such markets, also samples ofthe
standards Of this market, which may be sup
piled sealed 10 members Of the Exchange
and others on payment to the Committee OF
such price as they may deem reasonable and
proper, and one dollar for stamping the same.
It shall further be the duty OF this Commit.
tee 10 furnish quotations of the different
grades OF cotton and rice based on the stand
Ards of this market adopted by this Exchange,
which are TO be posted daily in the Exchange
Ronm.