The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1889-03-26
ORGANIZATION of q Permanent As
ISOLATION Perfected
To-day.
Full Text of the Constitution and
By-Laws-NOtes and
Personals.

menious questions of politics, religion
business or = cial import. The reaI
estate anu mining men of Southwest
Missouri are on deck to-day, and, As
their business j. "f the earth, earthly.
they are solid n,en Of The earth.
A call for convention OF
real estate and mining brokers
TO meet in Sedalia to-day, was issued
some time ago. The object was TO OF.
ganize what is to be known as "The
Southwest Missouri Real Estate and
Mining Exchange"
Pursuant to call. the convention
met in the criminal court room this
forenoon, with quite number of rep
resentatives present from various
counties throughout the southwest.
The meeting was called to order by L.
G.. Seed, of Seialia. who ated the
object of the convention In a few
words.
On motion Hon. Harvey w. Sal
mon, of Clinton, was elected chair,
man, ind A. Arnold, Of Versailles,
Secretary.
Mr.. Salmon said that he was not a
real estate agent, but that he was
heart and soul in favor OF
anybody or anything that
would be an auxiliary in
developing the resources of Missouri
and attracting migration to the
southwest.
On molten of t. j. Armstrong of
Eldorado Springs a committee of
three were appointed by the chair to
submit plan for the permanent Or
ganization of real estate and mining
exchange at Afternoon session.
Messrs. A. Arnold of Versailles, X.
G. Sneed of Sedalia. and L. j. Arm
strong Of Eldorsdo Springs, were APP
pointed as said committee:
On motion, the convention adjourn
ed unit! l O'Clock.
AFTERNOON SESSION.
The convention resembled at
o'clock. The committee on perma.
nent organization submitted the fol-
lowing constitution and bylaws, which
were adopted:
CONSTITUTION.
This association shall be known as the
Centr4 Al Missouri real estate and mining
exchange.
The objec. of the exchange shall be,
To secure uniform minimum rate of
brokerage in transactions in Central Mis-
souri, real estate
To protect the business from the encroach-
ments of unauthorized persons, not menu
bers of this exchange, who profess to act as
real estate brokers.
To maintain principles of honesty and
fair dealing in the operations Of real es-
tate brokers who are members of said ex-
change
To stimulate greater activity in real es-
tate, by joint effort in efecting sales AMI
transactions, rather than by scattered iudi-
vidual work
To discourage and prevent the unfair
division of brokers' commissions by per-
sons not in the business, who have no real
clsim upon him for share of his living
To establish and maintain the calling of
the real estate broker In a position of dig
nifty and responsibility In the community,
and TO initiate measures to place it upon
foundation of influence and permanence.
BYLAWS.
SECTION The officers of the Exchange
shall be president, vice-president, secre-
tary and treasurer who shall be elected by |
ballot on the first day of March annually, |
or so soon thereafter as due notice shall be |
given, by the members of the exchange in
good standing, and who shall serve for one
year from the regular time of slid election,
unless removed for cause shown, and till
their successors are ecied ard qualified.
SEC. 2-There shall be board of thir- |
teen directors, of which the regularly elect |
ed president and secretary shall be ex-of- |
fcio members holding the same position in |
the Exchange, and the other eleyen of |
whom shall be annually elected at the !
same time and place and in the same man
ner as the president and other officers |
named In section l.
81 C. 3.-There shall be a committee on /
membership, committee on arbitration, |
and committee on finance and auditing, |
TO be appointed by the president and con-
hrmed by vote of the members of the Ex- |
change.
To become member of the Exchange |
the individual shall be dealer in real es-
state or abstracts of title, and have an Office
in the city or district. Firms can only be |
by such members as have be-
come members of the Exchange by paying
the regular fee.
SEC. 4.-The Exchange shall fix the
of such secretary and other
employees, make such rules and regulations
for the management of the Exchange. for |
the transaction by its members of real es-
tate business in all its departments, for COL
Letting real estate information and records,
or on other subjects, as may be deemed ex-
Pedient and prescribe and enforce pesalties