San Antonio daily light. [volume] (San Antonio, Tex.) 1886-1907, 1890-12-03
THEIR CHARTER.
THE COMMERCIAL EXCHANGE
SOLID.
Charter and bylaws Adopted and
now Is ON Working Basis.

now Is ON working Basis.
The adjourned meeting of the d.
rectors Of the San Antonio CONNER
clal Exchange took place in DR.. e. E..
Fishers office last night, those pres
ent being Messrs. Sam Maverick, T..
w. Mullaly. Edgar Schramm, G. f
Fisher, J w. Magill, Geo. s. McElroy
and Axel Meerscheidt.
The committee on charter and bv-
laws theu submitted the following as
their report:
We, Sam Maverick, Henry Elmen-
dorf, Richard Wooley, Jr., George w.
II h Andrews, Alexander Nicer.
scheidt, Edgar E Schramm, George
:. McElroy, F. F. Collins, w j.
B. Patterson, Albert Joske, William
VI. Weiss, N Mackey, i. w. Mullaly,
DR.. e. f Fisher, J. !. Alexander and
J. w Magill of said state aud county
nave associated ourselves and formed
an association to be known as the
"Ian Antonio Commercial Ex-
change
Thu, objscts of the association shall
be the collection of information and
statistics relating TO the resources
and advantsc es of the city of San An
uniO and country tributary thereto,
and the dissemination of the same
throughout Texas and The United
States with the view Of securing i'm
migration and developing said re-
sources thereby.
The place for trasaction Of business
of this organization Is San Antonio
L xas, and at any lher points within
the tributary country TO said city that
may be deemed expedient for the well
tare OF the exchange.
The term tor which this organiZa-
ton shall exist shall be fifty years.
The number of directors of this as
snciatIon shall be seventeen and the
following persons have been elected
to serve for the Fl 81 year, to.wit: Sam
Maverick. H-nry ElmeDdorf, Richard
Wooll-y, Jr., George w Russ, n. q
Andrews, 5. Alexander, w. H.
Weiss, Albert Joske, w. j b. Patter-
son, n. Mackey, George 3. McElroy,
Alex Meerschiedt. f F. Collins. Ell.
gar Scbramm, j. w Magill, DR.. G. E
Fisher. II. w Mullaly.
The officers of the exchange shall
consist OF u PREF ident, first vice presi-
dent, secnnd vice president treas
urer aud a secretary, all Of whom
hall be elected from the board OF
directors except the secretary, who
may be elected from the directory or
not, at the discretion of the board OF
directors.
BYLAWS.
ARTICLE l. Sec l Any individual
of good character may become q Dem
Der of this corporation in the follow
ing manner, viz: The applicant shall
be- recommended by some existing
member whereupon the hoard of dl'
rectnrs shall by two-thirds majority
of those present admit or reject such
applicant by ballot.
Sec. 2. A membership fee of five
1857 dollars must accompany all sp
plIcations for membership, and In
case of rejection said amount shall
DO returned.
Sec. 3. Any member desiring to
withdraw from the exchange whose
dues are fully paid can do 30 by Civ.
ing due notice TO the secretary in
writing.
Sec. 4. The directors may, by a
two thirds vote at any meeting called
tor that purpose after complete
hearing has been had. expel any
mem Der for cause and cancel his GER
tiflcate OF membership
Sec 8. The monthly dues OF
the Exchange shall be two d"itars
(2.OO) payable monthly In advance.
ARTICLE III. Section /. There
shall be- an annual election of direc-
tors to be held at thu office Of the Ex-
change OH the second Tuesday Of
January, on and after the second
Tuesday In January 1892.
Sec. 2. Every member whose
dues are fully paid shall be entitled
to one vote.
Sec. 8. A plurality Of votes
cast shall constitute an election.
No proxies shall be allowed.
Sec. 4. At all meetings Of the ex-
change thirty-five members shall con-
stltute a quorum.
Sec. S. Meetings of the exchange
may be called by the president
through the secretary upon a petition
In writing of ten members.
ARTICLE III. Sec. /. The property,
affairs, business and concerns OF this
exchange, shall be vested In its board
of directors.
Sec. 2 No person or member shall
be eligible for the Office of president
more than two years In succession,
and only one-halt OF the directors are
eligible twice IN succession.
Sec. 8 The president and treasurer
shall be elected by the board Of di-
rectors from their number by ballot
and plurality ofvOtes cast shall con-
stitute an election, provided there be