The herald., 1919-11-27
CHARTERS.

the approval of the Executive Committe
Of this corporation. This committee shall
have charge of the Grain Inspection De
partment in all matters relating to grail
for export, or local, subject to the approva
Of the Board of Directors.
Section 4.-In all disputes arising solely
out OF the purchase or sale of grain ,anC
where arbitration is required, the Chair
man of the Grain Committee shall appoin
three members of the Grain Committee, no
parties to the dispute, to act as arbitra
Tors. In case OF an appeal from the de
cision of the arbitrators, same shall lie {,
the Grain Committee. The COMMITTEE OF
Grain may fix, by bylaw, such fees a,
shall be paid for reference cases heard b,
the arbltrators, and also in cases heard BY
the arbltrators, and also in case of appeal
by the committee. When other question.
are involved, in regard to export shipments
or grain, an appeal shall lie to the Com.
mlttee on Maritime Arbitration. A ma.
Jor1ty OF the committee shall constitute 8
quorum. A report of all proceedings shall
be Kept by the committee, under the super.
vision of the Secretarysof the CORPORATION
The committee on Grain shall have, sub.
1ect to the approval of the Board of Di.
r%ectors, full power to establish grades OF
grain, and to alter and amend the same
as may be deemed necessary or expedient
provided, however, that before any change
of grade shall take effect at least ten DAYS
notice shall have been posted on the buiie.
tin board of the Main Exchange floor. as
well as of the Maritime Branch of the New
orleans Board of Trade, Limited. and nc
cSnrract existing at the time of such
change shall be affected thereby. Stand
ard samples of all the various grades shall
De prepared for each crop as early as ey.
pedlent, under the direction of the com
mlttee' ana placed In charge of the chief
gram inspector of the corporation.
section 5.-The Committee on Grain
snail, with the approval of the Board of
directors, perform the following duties
provlde an Office for the inspection de-
4 III and nn1nr
as may be necessary; shall anpoint and
dlscharge the chief inspector and his denu-
Ties and assistants; shall have superyision
over the SAID inspector and assistants. and
issue such instructions to them as NAV
be deemed proper and shall regulate their
salaries. This committee shall. on or he
fore December LIST of each wear. submi n 70
me n Board of Directors a budget covering
the approximate expenses of the depart2
ment. The inspection fees shall be tyad
from time to time, by the COMMITTEES on
train, and submitted by them, together
WIN an ltemiZed monthly report of the re-
celpts ana expenses of the inspection de-
partement to the Finance COMMITTEES All
Iees collected by the Grain Inspection De
partment shall be paid to the Treasurer of
lhe corporation as soon as received. All
payments snail be made under the direc-
of Trade. '"e noaru
Eliminate Elections 6 and Z from the
Amend Sections s, o, 10, IL and y, TO
read respectively Sections 6, Z, s, o and
AND whereupon the said Warren Kear-
Hey, PRESIDENT, and H. S. Herring Secra-
Iary' nave appeared before me, notary 70
perpetuate into the public records the re-.
suit OF the meeting of the STOCKHOLDERS
aloresa1d, and to make, by these presents
autnehtlc proof of the amendments to said
Article X of the Charter of said cornoraI
records. nv otate
Thus done and passed, at nv office. in
me city OF New Orleans, on the date first
ABOVE written, in the presence of Messrs
Lawrence o.. Bodet and Gordon l.. Austin
connpetent witnesses, who have bereunto
Signed their names with the said apnearers
ana me, notary, after due reading of the
Original signed: L. G.. Bodet. q T. aus
I'm; Warren Kearney, President. n 3
Herring, Secretary. ~
E. p. COUSIN, Not. Pub.
l. the undersigned, Recorder of Mort
cages, in and for the Parish of ORLEANS
state of Louisiana, do hereby certify thot
the above and foregoing Act of Amend'
Ineht TO the Act of Incorporation of the
New Orleans Board of Trade, Limited was
ms day duly recorded in my Office. in
Book 1921, folio -. ' !"
New orleans, La, October 2Sth. 1910
49, EMILE j. LEONARD, ID. r..
A true copy. r p COGfSINu
Nov. 5-Dec. II.