, 1874-02-15

The representatives Of the lumber interest OF
Chicago held an adjourned meeting at the
Graud Pacific yesterday evening. The report OF
the Committee on Constitution and Bylaws
was presented by the Chairman, Mr. ". D.
Uoughteling, who made few Introductory re-
| marks, to the effect that the COMMITTEES werc
unanimous in believing that it would not do to
exclude any branch Of dealers in the trade from
the Association. In the courso Of his re-
marks, Alr. HoughtelnS stated that he beloved
the amount Of Chicago capital invested in
siderably larger than that invested in the bank
ing interest. The report was accepted. On
motion OF air. Anderson the report was taken up
to be acted upon section by section.
On taxing up the first section relative to the
name and objects Of the Association, some con-
siderable discussion took place as to the dcsira-
bilisy Of allowing NIL lumber dealers to como into
the Association. Most of those who had opposed
the admittance Of tho manufacturers ackDow1-
edged that they had changed their minds, and
were III favor OF admitting them, since all their
interests were identical. The following Il an
abstract Of
THE CONSTITUTION
as finally adopted:
Tho Association shall be called the "Chicago
Lunbermans Association" =" and ehall be for the
benefit Of all 1umber-dcalers who may become
members thereof, its Office and place OF business
at Chicago. The government shall be vested in
President, :Vice-President, eleven Directors,
five to constitute quorum; Committee Of
Arbitration and Committee Of Appeals Of five
members each; all tue foregoing to be
lumber-dealers and residents ct Chicago.
The Secretary shall keep journal of the pro-
ceedingB Of the Association, keep the books, pa
pers, ETC., keep correct account Of the lumber
imports and exports Of the city by like, canal,
railroad, Or otherwise collect and record valua-
bic statistical information pertaining to- OF thnt
may benefit the lumber interests OF tho city OF
Chicago, aud post the same in the rooms Of the
ASSOCIATION daily, and at the annual meeting in
each year make to tho Association full report
OF the business Of the city for tho preceding
year, ending Dec. 81, with such other informa-
ton that may be in his possession that may be of
interest to tile members. He shall furnish the
Chairman of each Committee copy of
the resolutions whereby he was appointed.
aud, under the direction of the President, shall
give notice of meetings; conduct the CORE
spondelce OF the Association, aud read such
records OF papers at ho may direct; shall him
self, or by substitute, attend meetings of Com
Board of Directors, and keep an Official record
Of their procecdmgs: give notice when their
services required, issuc the necessary notices
and papers to parties and render copies OF the
verdicts to the parties i'll q case. lie shall col
1cct all moneys due to the Association for assess-
ments, fines, fees, or otherwise. and pay the
same over to the Treasurer; shall keep his Office
(which hhalf be at the Association roonlB) opeu
during usual business hours, ehall see that tho
1ooms and property OF the Association are kept
in good order aud perform such other duties the
Board OF Directors may from time to time
direct. The Committee Of Arbitration s!Ia11 iu-
vestigate aud decide all disputes. the state
ments OF tho principals and witnesses in each
case being made under oath. The duty Of the
Committee of Appeals shal! bo to review tho
1nittce rs may be demurred to, and it's decision |
ehall be final. ANY individual, Gtua, or company